Gross fiscal deficit has peaked to 9.18% of GDP in FY21 due to covid led lockdown. It reduced to 6.72% in FY22 due to economic recovery after the lockdown, but still remained higher than anything in the past decade. Gross Fiscal Deficit is expected to be 4.4% in FY23.
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Budget 2023: India's Gross Fiscal Deficit Challenge
It reduced to 6.72% in FY22 due to economic recovery after the lockdown, but still remained higher than anything in the past decade.
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Freight Traffic Growth Hit; Is Slowdown On The Cards?
As railways mirror the pulse of industrial traction, it seems the once-steady drivers of growth are now losing steam.
Education Gets A Leg-Up
Investment in education rises in India’s journey towards a $55 trillion economy by 2047.
Rev, Sputter, Stall
Auto makers hope the onset of festive season will bring in good tidings.
Corporate Scorecard: FY24 Ends On Buoyant Note
Corporate India saw double-digit growth in net profit and single-digit revenue increase in March 2024 quarter. Analysts expect growth ahead.
Infographics
Freight Traffic Growth Hit; Is Slowdown On The Cards?
As railways mirror the pulse of industrial traction, it seems the once-steady drivers of growth are now losing steam.
Education Gets A Leg-Up
Investment in education rises in India’s journey towards a $55 trillion economy by 2047.
Rev, Sputter, Stall
Auto makers hope the onset of festive season will bring in good tidings.
Corporate Scorecard: FY24 Ends On Buoyant Note
Corporate India saw double-digit growth in net profit and single-digit revenue increase in March 2024 quarter. Analysts expect growth ahead.