Finance secretary Tuhin Kanta Pandey said the 2025-26 Budget has tried to push growth in a non-inflationary manner and has kept the promise of fiscal consolidation. In an interview to TOI,Pandey, who is also in charge of the revenue department, said the Budget has enabled all levers of growth to accelerate. Excepts:Do you think the…
NEW DELHI: Finance minister Nirmala Sitharaman on Sunday cited India’s “unblemished track record” of fiscal consolidation, even as credit rating agency Moody’s decided not to upgrade the country’s sovereign rating.Sitharaman said that India has never deviated from its fiscal consolidation and debt reduction targets.She also defended the government’s strategy of balancing fiscal prudence with growth,…
NEW DELHI: Reserve Bank of India on Thursday flagged its concern over several states announcing farm loan waivers, free power to agriculture and households, free transport and cash transfers to women and youth, cautioning that these spends will lower the funds available to undertake expenditure on building social and physical infrastructure as well as research…
