FISCAL RESPONSE

As NDA 3.0 prepares for the upcoming budget, Finance Minister Nirmala Sitharaman faces the task of balancing economic growth with political demands. Strong economic indicators allow for potential tax relief for the middle class and increased welfare...

Saturday's shooting at U.S. former President Donald Trump's election rally raises his odds of winning back the White House, and trades betting on his victory will increase this coming week, investors said on Sunday.

The Indian Railways announced it will manufacture 10,000 non-AC coaches over the next two fiscal years to enhance facilities for common railway passengers. The overall count of non-AC coaches will be increased by 22% in this period, the Northern Rai...

Budget Expectations: Finance Minister Nirmala Sitharaman will present her seventh full budget on July 23. Known for fiscal prudence, aggressive capital expenditure, and boosting manufacturing, her previous budgets lacked populist proposals. With cha...

Budget Expectations: After the BJP formed a government with allies due to a lack of majority, Nirmala Sitharaman's reappointment as finance minister signaled policy continuity. Despite the interim budget not allowing major announcements, her prudenc...

Budget expectations: The upcoming full Budget for 2024-25 under Prime Minister Narendra Modi's government aims for fiscal prudence with a focus on a fiscal deficit target of 4.9%. SBI Research recommends not being overly fixated on this goal. The go...

Central banks ought to own up for delivering on price stability and must be given the independence to act for achieving it, a top official from the Federal Reserve Bank of New York said on Friday.

UNION BUDGET: Before the 2024 Lok Sabha elections, Finance Minister Nirmala Sitharaman had indicated that the BJP-led NDA government would adhere to the fiscal measures outlined in the Interim Budget, emphasizing fiscal prudence and continued capita...

Karnataka IT minister Priyank Kharge met Ashwini Vaishnaw, union IT minister, to seek support for the state's semiconductor and electronics space. Kharge said that the State has the highest share of 46% in India in housing innovative companies and c...

A populist budget is a fiscal plan focused on immediate public appeal through measures like tax cuts and social spending increases. Criticized for prioritizing short-term benefits over long-term economic stability, such budgets can lead to fiscal de...

Union Budget 2024: Any political party that assumes government, whether through majority or coalition, in India shoulders significant responsibilities towards society, politics, and the economy. It is crucial to allocate resources in a manner that f...

Populist policies will likely take precedence to secure victory in a coalition setup. Key cabinet portfolios, particularly those related to finance, defence, and infrastructure, will be closely monitored.

Moody's Analytics highlighted that the upcoming Union Budget will set policy priorities for the coalition government, shaping the next five years' growth trajectory.

In fact, with the RBI dividend being significantly better than what was budgeted, I would not be surprised if in the July budget, the government chooses to bring down its FY25 fiscal deficit target from 5.1% to 4.9% because that money is there.

The Indian electorate has defied predictions of certainty, but the economic agenda for India remains unchanged. Despite impressive economic progress since 1991, India remains a low-middle-income economy. Policy priorities include urban expansion, mo...

Strengthening private capex and boosting employment gains are crucial for escaping the fiscal constrictor knot. Improving global demand and household incomes can provide a potential escape route.

BluSmart has raised nearly $24 million or Rs 200 crore in its latest funding round. In January this year, BluSmart had raised $25 million, while in 2023 it conducted funding rounds worth $66 million.

The Bernstein Societe General Group's latest India Strategy report analyzes the political landscape post the 18th Lok Sabha elections, highlighting challenges and opportunities for market sentiments. Despite record-high valuations in small and mid-c...

"Opportunities in the sense that there is a vacuum which is being created in the world order and there is a place that India can grab in it and threat in the sense that when so much of uncertainty is there, there is always a chance of accidents, whe...