NEW DELHI: Growth in the country’s crucial core sector held steady in Jan with expansion in cement and refinery products output but eased slightly from December.Data released by the commerce and industry ministry on Friday-showed the eight core sector spanning coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity rose 4.6% in Jan, marginally lower than the …
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Finance Secretary Tuhin Kanta Pandey NEW DELHI: Finance secretary Tuhin Kanta Pandey on Tuesday said govt has taken measures to lower fiscal deficit and delivered a non-inflationary Budget, and hoped that the RBI’s monetary policy will work in tandem with fiscal policy to support growth. He also said that although rupee depreciation increases inflation on imported inputs, it also adds …
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The upcoming Union Budget 2025 is expected to announce a 20 per cent rise in the country’s capital expenditure, according to a report by global accounting agency EY. The hike in capex spending would target fueling economic activity, put more disposable income in people’s hands and land the fiscal deficit at 4.4 per cent of the GDP for the year …
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