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Economy
Retail Inflation Above MPC Comfort Range For Fourth Straight Month
Official data released on Thursday showed that CPI for July rose 6.93% year on year, up from 6.23% in June, primarily on the back of rise in food and petroleum prices.
Economy
India's GDP Could Contract 5.3% Due to COVID-19 'Disorder': India Ratings
GDP will also contract in each quarter in FY21, the agency predicted.
Economy
At 4.6% of GDP, Fiscal Deficit for 2019-20 Breached FRBM Act Escape Clause
This is mostly due to lower-than-anticipated GDP growth and revenue collections across the board.
Economy
Shamika Ravi, Rathin Roy Out of PM Economic Advisory Council in Reshuffle
Sajjid Chenoy, the well-known India economist at JP Morgan, is the new part-time member.
Economy
Finance Ministry Report Says Economy Appears to Have Slowed Down in FY19
On a positive note, the current account deficit as ratio to gross domestic product is set to fall in January-March quarter of 2018-19.
Government
After Confusion, Finance Ministry Clarifies Budget Will be Called 'Interim'
There has been speculation that ahead of the Lok Sabha elections, the Modi government could announce sops to be elected back to power.
Economy
Jaitley Was Informed of Urjit Patel’s Resignation Only Minutes in Advance
According to government sources, the Centre will soon form a panel to search for a new RBI governor.
As Crude Hits $80 a Barrel, Centre's Oil Import Bill May Rise by up to $50 Bn
That could lead to an oil import bill of $130-155 billion.
Economy
Government Set to Breach Fiscal Deficit Target for FY 2017-18
The Central government is reportedly planning to borrow an additional amount from the markets, over and above the budget estimate of Rs 5.80 lakh crore for fiscal year 2017-18.
