The survey, presented by Finance Minister Nirmala Sitharaman in the Parliament on Friday, January 29, further stated that, improving the composition and quality of expenditure therefore assumes significance

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Garg says it will be more convincing if the fiscal deficit goal is defined to include all budgetary and off-budgetary liabilities, which currently are around 4.5 per cent of GDP

Government, corporates and even households are deep in debt. In a slowing economy this could only escalate

The budgetary allocation for Air India's TAP in 2019/20 is far lower than the allocations in the previous years.

Former RBI Governor Raghuram Rajan released a report titled 'An Economic Strategy for India', a five-year agenda for the country authored by 13 senior economists

30s come pre-installed with all the worry of the future. Is buying that dress a good idea now, when you can save those extra bucks for your contingency fund? Should you buy that expensive phone, when you can put more than half of it in your retirement fund and still manage to buy an equally good phone?

The government asking corporates and professionals to report estimates of income and tax liability will add to the compliance burden.

India today is vehemently demanding the extradition of not a gangster but an ex-industrialist and liquor baron - Vijay Mallya.

Years of poor fiscal management have led to a near-insurmountable debt problem in Jammu and Kashmir.

Arun Jaitley is bringing in much needed structural reforms, but their follow through will present major challenges.

Indian Railways is the fifth biggest rail network in the world with 1.3 million employees and it is a massive task to streamline its operations.

Moody's Investors Service today cautioned that a prolonged worsening in asset quality at PSU banks is the main threat to India's sovereign credit profile and made a case for the government bearing some of the cost of cleaning up bank balance sheets.

For the financial year 2016, India allocated about 1.73 per cent of its gross domestic product (GDP) towards defence spending, of which 38.34 per cent was allocated to capital acquisitions.

Income Tax employees are demanding better infrastructure and manpower to handle the ever-increasing responsibilities.

The outlook upgrade by Moody's is a validation of all that the Narendra Modi government has engineered these past 11 months.