Stimulus, farm waiver to push up fiscal deficit by 1%: RBI

Stimulus, farm waiver to push up fiscal deficit by 1%: RBI

Cutting its growth estimate for the current fiscal, the RBI warned on Wednesday that any economic stimulus and farm debt waivers could push up fiscal deficit by 1 percentage point, potentially stoking inflation. Such measure could lead to inflation surging...
read more
India may produce surplus power this fiscal: Fitch Ratings

India may produce surplus power this fiscal: Fitch Ratings

Subdued demand growth, consistent capacity additions and better networks may result in India producing surplus power in the current fiscal, although sporadic outages continue and 24 per cent households are yet to be electrified, according to the latest report ...
read more