FY27

Indian economy is expected to clock an average growth rate of 6.7 per cent till 2026-27 fiscal driven by domestic consumption, S&P Global Ratings senior Economist (Asia Pacific) Vishrut Rana said on Wednesday. He said the economic…

Earlier this week, S&P had said that at 6 per cent economic growth, India will be the fastest-growing economy among Asia Pacific nations. (Representative image)Reserve Bank of India has projected GDP growth in the current fiscal to be…

DNC Group, which has forayed into hospitality sector to cater to growing number of tourists in India, is planning to have 12 properties by FY27.While it will have 5 Star hotels in metros, the strategy is to have boutique and budget hotels…

The previous Finance Commission submitted its report on November 9, 2020, for the 5 fiscals -- 2021-22 to 2025-26 -- to the President. (Representative image)The members of the commission and its Terms of Reference are being worked out, says…

NEW DELHI: The government is likely to set up the 16th finance commission this year to suggest, among other things, the ratio in which tax is to be divided between the Centre and states for five years, beginning April 1, 2026, an official…

It would be a difficult task for the Indian economy to reach the $5-trillion mark a year before the International Monetary Fund (IMF) projection of 2026-27. Pankaj Chaudhary, minister of state for finance, said in the Rajya Sabha on…

The industry currently imports 60-70% of its components primarily from overseas parents/joint venture partners, stemming from the lack of indigenous technological capability and absence of adequate volumes. | Photo Credit: zorazhuang The…

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Fitch Ratings on Monday cautioned that the Indian government has little fiscal headroom at its disposal to respond to possible shocks to growth given the country's lowest investment grade credit rating with a negative outlook. “India’s…

India's budget for the fiscal beginning April focuses on giving a boost to the ongoing economic recovery through a sharp increase in capex spending but is short on major growth-enhancing structural reform announcements, Fitch Ratings said…