Daily Headlinez Top News Updates
NEW DELHI: Union finance minister Nirmala Sitharaman said Thursday that the Centre’s fund is not a “free pool of cash that can be used at will”, asserting that every rupee of the taxpayer is accounted for and that there is no denial or stoppage of funds to any state or any scheme. Dismissing opposition charges…
Former RBI Governor Raghuram Rajan (File photo) Former Reserve Bank of India governor Raghuram Rajan on Wednesday said the upcoming Union Budget should be anchored in a longer-term vision aimed at making the Indian economy more resilient and independent, even as it accelerates growth, warning that the world is passing through an “extremely dangerous time,”…
The Union Budget 2026 may maintain the fiscal deficit at 4.4% of GDP in FY27, according to Nuvama, as the economy shows fragile momentum. The government might focus on deregulation and disinvestments to support growth, rather than fiscal expansion, with a continued emphasis on sectors like semiconductors and AI. As the Budget 2026 approaches, the…
Making a case for maintaining the status quo on interest rates, PwC Partner and Economic Advisory Services leader Ranen Banerjee said any rate cut at this stage would amount to “wasting a bullet” at a time when economic growth is robust and inflation remains benign.The Reserve Bank of India is unlikely to reduce the policy…
NEW DELHI: Getting rid of the “mentality of slavery” and the thrust on “reform, perform and transform” are likely to be the central themes of the President’s address at the joint sitting of Parliament ahead of the budget session.TOI has learnt that different ministries have been asked to give their inputs based on these themes…
NEW DELHI: BJP national spokesperson Shehzad Poonawalla on Wednesday hit out at leader of opposition in the Lok Sabha Rahul Gandhi over his earlier remarks describing India as a “dead economy”, calling him a “leader of propaganda” after India overtook Japan to become the world’s fourth-largest economy.Speaking to ANI, Poonawalla accused Rahul Gandhi of spreading…
NEW DELHI: The outgoing year (2025) will be remembered for India’s focus on reforms as a continuous national mission, PM Narendra Modi said on Tuesday, asserting that his govt prioritised collaboration over control and facilitation over regulation in the true spirit of a modern democracy. “What makes the reforms of 2025 significant is not only…
India should speed up free trade agreement (FTA) negotiations, expand its export reach beyond traditional markets, and maintain active engagement with Washington to conclude a Bilateral Trade Agreement (BTA) with the US, Economic Advisory Council to the Prime Minister (EAC-PM) Chairman S Mahendra Dev said on Friday.Delivering the First ISID@40 Distinguished Person Lecture, Dev said…
Das said that amid the uncertain global environment, India continues to demonstrate remarkable dynamism and resilience NEW DELHI: The underlying priority of India’s trade negotiations is to secure fair and balanced agreements in the best interest of the nation and the people, a top PMO official said on Saturday, asserting that the economy continues to…
NEW DELHI: Japanese credit rating agency Rating and Investment Information (R&I) on Friday upgraded India’s long-term sovereign credit rating to ‘BBB+’ from ‘BBB’ and retained the “stable” outlook, citing growth prospects, progress on fiscal consolidation, and reforms undertaken by govt. This is the third upgrade by a sovereign credit rating agency this year, following S&P’s…
