At one time, buyers of other states in Delhi used to come to buy campaigning material during a large scale election. But now even during the Delhi Assembly elections, there has been a tota of buyers for publicity material traders. According to traders, the business of campaigning material in Delhi is now dying. This time … Read more
Fitch Ratings said on Monday that India’s pace of decreasing debt is slow, causing a risk of decline in the credibility of the government in the event of major economic shock. However, the rating agency relied on India’s ability to stay on the fiscal outline in the medium period, which aims to reduce debt and … Read more
Finance Secretary Tuhin Kant Pandey said on Monday that the FY 2025-26 general budget has given adequate non-curiosity incentive to the economy, which will continuously strengthen the growth. He said that there has been a balance between increase in budget and inflation. This was done keeping in mind the exchange rates, comprehensive economic stability and … Read more
Manufacturing PMI: The Indian manufacturing sector made a strong start in January. After a little lethargy in December, now the exports have witnessed the fastest lead of nearly 14 years. The new orders have also increased at the fastest speed after July. Due to this, the Manufacturing Purchasing Manager Index (PMI) of January has reached … Read more
Dollar vs rupees: This has led to a huge decline in Indian currency amidst the possibility of Trade War after the US President Donald Trump signed an order to impose fees on Canada, Mexico and China. The Indian rupee fell by 67 paise to a record low of 87.29 per dollar on Monday (February 3). … Read more
In the budget of FY 2026, the ratio of loan and GDP (GDP) has been described to bring about 50 percent by FY 2031. Ajay Seth, Secretary, Economic Affairs in the Finance Ministry, told Ruchika Chitravanshi and Asit Ranjan Mishra in an interview that what is the reasoning behind it and he also spoke on … Read more
Union Minister of Electronics and Information Technology Ashwini Vaishnav said that India’s electronics manufacturing sector would double in the next three to four years to over $ 200 billion. He said that it will be strengthened by the reforms declared in it. In a conversation with the media after the budget, Vaishnav said that the … Read more
Finance Minister Nirmala Sitharaman has made several announcements in the budget to promote shipping and shipbuilding economy. This includes sea development fund (MDF), cheap loans for large ships, recycling schemes and industrial clusters. Ship’s builders and owners have been seeking support from the government for years, now expecting steps from the Ministry of Port, Shipping … Read more
Finance Minister Nirmala Sitharaman has announced the initiative of reforms in six regions in the next five years. These will increase growth capacity and global competition in the country. These major areas include regulatory reforms, power sectors, urban development, mining, financial sector and taxation. Sitharaman promised that several regulatory reforms would be made to increase … Read more
Measures to strengthen fiscal conditions may reduce the yield on government bonds. Traders say that despite the increase in the market in FY 2025-26, the fiscal strengthening efforts can lead to the yield down on the government bonds. The government has targeted to limit the fiscal deficit to 4.4 per cent of GDP in FY … Read more