Category : Search result: fiscal data India

IMF Praises India's 7.8% Growth, Urges Fiscal Discipline

IMF Lauds India's Strong Economic Performance

IMF applauds India's 7.8% growth in FY26's first quarter, endorsing RBI's monetary policy while recommending accelerated structural reforms for sustained development.

India's Economy to Grow 6.5% in FY26, Says S&P Global

S&P: India's Economy to Grow 6.5% in FY26

S&P Global forecasts India's economy will expand by 6.5% this fiscal year, driven by strong domestic demand. A potential US trade deal could further boost growth. Read more.

S&P Projects India's GDP Growth at 6.5% in FY26, 6.7% in FY27

India's Economy on Strong Growth Path: S&P

S&P Global Ratings forecasts robust 6.5% GDP growth for India in FY26, rising to 6.7% in FY27. Tax cuts and monetary easing to fuel consumption-led expansion despite global headwinds. Read more.

India's CAG Mandates Uniform Government Spending Classification by FY28

CAG Orders Uniform Government Expenditure Classification

India's CAG directs all states to adopt uniform expenditure classification by FY 2027-28, ending decades of inconsistent accounting practices. This reform will enable transparent financial reporting and better fiscal management across states.

TPG Invests $1 Billion in TCS Data Centre Business, HyperVault AI

TPG invests $1bn in TCS data centre business

American PE giant TPG invests $1 billion in TCS's data centre subsidiary HyperVault AI. Tata Group executive Deepesh Nanda to lead the new AI infrastructure venture targeting 1GW capacity by 2031.

GST Revenue Set for 10% Rebound in November After October Dip

GST Revenue to Rebound Strongly in November

India's GST revenue growth is expected to surge to 10% in November, recovering from an October slowdown caused by September's historic tax reforms. The government anticipates sustained buoyancy.

8th Pay Commission: Fiscal Impact & Wage Inequality Concerns

8th Pay Commission: Fiscal Impact Analysis

India's 8th Pay Commission brings 20-25% salary hikes for government employees but raises concerns about fiscal health and widening wage inequality. Learn about the economic implications.

Election Freebies Push Indian States to Fiscal Brink: Data Reveals Crisis

Election Promises Push Indian States to Fiscal Brink

Indian states face severe fiscal strain as election welfare spending surges, with Bihar's schemes costing 4% of GDP. Capital expenditure lags while deficits rise across poll-bound states. Read analysis.

India's Data Protection Rules Notified After 8-Year Wait

India's Data Protection Rules Finally Notified

India enforces Digital Personal Data Protection Act rules eight years after privacy became a fundamental right. Can new regulations protect future generations from AI's data hunger?

Meghalaya Cabinet Approves Fiscal Deficit Increase to 3.5% of GSDP

Meghalaya Cabinet Approves Fiscal Deficit Increase

Meghalaya's cabinet approves key amendments, allowing a fiscal deficit increase to 3.5% of GSDP and new job quotas for casual workers. Discover the full implications for the state's economy.

India's DPDP Rules Notified: 12-18 Month Implementation Plan Unveiled

India Notifies DPDP Rules: 12-18 Month Rollout Plan

Indian government notifies Digital Personal Data Protection Rules, giving citizens control over their data. Implementation planned in phases over 12-18 months. Learn how this protects your privacy.

Bihar's Election Cash Flood: Can India's Poorest State Afford the Promises?

Bihar Election Cash Promises Strain State Finances

As Bihar elections approach, political parties flood voters with cash promises despite the state's fragile finances. Analysis reveals unsustainable freebies that could worsen economic conditions.

FM Sitharaman Consults Economists for FY27 Budget Strategy

FM Meets Economists for FY27 Budget Consultations

Finance Minister Nirmala Sitharaman holds pre-budget consultations with leading economists to shape India's economic roadmap for FY27. Key focus on growth, inflation and fiscal management.

India's Net Direct Tax Collection Jumps 7% to Over ₹12.9 Trillion

Direct Tax Collection Up 7%, Refunds Down 17.7%

India's net direct tax collection surges 7% to over ₹12.9 trillion for the current fiscal year, while refunds see a significant 17.7% decline. Get the full details on this economic boost.

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