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Fiscal deficit widens to 4.6% of GDP in 2019-20 on account of poor revenue realisation

Finance Minister Nirmala Sitharaman while unveiling the budget in February pegged the fiscal deficit for 2019-20 at 3.8 per cent. A porter sitting on a lorry with food material in Kolkata on May 26 (Photo Credits: PTI)India's fiscal deficit widened to 4.6 per cent of...

GDP: 3.1% for March quarter, 4.1% for year. But it is not due to coronavirus

The government on Friday announced GDP growth figures for the fourth and final quarter of 2019-20 ending March. At 3.1 per cent, the GDP growth has exceeded the range of what experts had predicted: 0.5 per cent to 2 per cent. But it is over 1.5 percentage points lower...

Smaller Indo-US trade deal to be inked in coming weeks, says Indian envoy to US

The much elusive mini trade deal that was supposed to be signed during US President Donald Trump’s visit to India will be signed in the coming few weeks.Indian ambassador to the US Taranjit Singh Sandhu confirmed that the two sides are on the verge of clinching a...

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