Why is India opting for overseas bonds?
Finance Minister has announced in the Budget that it plans to raise a portion of its gross borrowing from overseas markets using sovereign bonds. A government bond or sovereign bond …
Read MoreTag: Budget 2019
Financial system has surplus liquidity
Finance Minister and RBI Governor has met for the customary post-budget meeting. The RBI Governor has said that the system has sufficient liquidity and the Union Budget has made provisions …
Read MoreUnion Finance Minister Nirmala Sitharaman to address RBI board tomorrow
Finance Minister is scheduled to address the post-budget meeting of the RBI’s central board.She will highlight the key points of the Budget including the fiscal consolidation roadmap. The government has …
Read MoreBudget 2019: Defence allocation disappoints military
Union Budget has allocated Rs 3.18 lakh crore for defence.The allocation is estimated to be at around 1.6% of the GDP which experts have said is the lowest since the …
Read MorePre-budget consultations: Industry for tax cuts, more reforms to push investment
Finance Minister has held pre-budget discussions with the industry heads.The industry has suggested various reforms and tax cuts to push investment and growth of the economy. The various reforms suggested …
Read MoreBudget shortfall worries Defence Services
The shortfall in Defence allocation in the interim Budget 2019-20, especially in its capital allocation, has left the Services worried as it threatens to delay the capability enrichment and modernisation …
Read MoreWhat is the lowdown on MGNREGA funding?
The Centre’s flagship rural job guarantee scheme (MGNREGA) got its highest ever allocation of Rs 60,000 crore in the interim Budget 2019-20 but less than the sum of budgetary and …
Read MoreInterim Budget 2019: Centre’s fiscal deficit target goes for a toss
The Government have budgeted the fiscal deficit for 2019-20 at 3.4% of the Gross Domestic Product which is slightly higher than the target of 3.3% of GDP that the government …
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