Current Account Deficit May Hit 3-Year High In 2021-22: Report
Country’s current account deficit is likely to hit a three-year high of 1.8 per cent in 2021-22Mumbai: Country’s current account deficit (CAD) is likely to hit a three-year high of…
GST Has Not Benefitted States’ Tax Collections: Report
States’ tax revenues have not been boosted by GST implementation, a report has saidMumbai: Domestic ratings agency India Ratings on Monday said the Goods and Services Tax (GST) has not…
Rate Hike To Help Banks Gain On Yields: Report
The repo rate hike by RBI will help banking system make gains on yields, said India RatingsMumbai: The unexpected interest rate hike by the RBI on May 4 will have…
Russia-Ukraine Conflict To Impact Indian Growth: Economists
Economists say that Russia-Ukraine conflict will have direct impact on Indian economic growthAs the Ukraine-Russia conflict intensifies, it may have an impact on Indian economy’s growth in the long run,…
Government To Infuse Funds In “Weak” Banks: Report
Weak public sector banks will get majority share of funds from the governmentNew Delhi: Weak public sector lenders like Central Bank of India and Punjab & Sind Bank will get…
Single Volume Economic Survey Likely This Year
Government is likely to come out with a single volume economic survey document this fiscalNew Delhi: The finance ministry is expected to come out with a single volume economic survey…
Omicron To Impact 2021-22 Growth By 0.1%: Report
Omicron will hit GDP growth for the current financial year, India Ratings has saidMumbai: The Omicron variant of Coronavirus will hit the GDP for March quarter of 2021-22 by 0.40…
Fiscal Deficit To Slide To 6.6% In 2021-22 Due To Under-Spending By Ministries: Report
Government will miss the fiscal deficit target for the current fiscal, says India Ratings reportMumbai: A research report has suggested that the government is likely to miss the fiscal deficit…