Tag: fiscal deficit

Higher steel tariffs to dent exports as companies look at other markets

BusinessJune 1, 2025

Representative image (Picture credit: AP) NEW DELHI: Doubling of import duty on steel and aluminium by the Trump administration will dent export demand, with companies having to scout for alternative markets.Several US importers have...

Govt favours wealth creation; profit not a bad word, says FM Nirmala Sitharaman

EconomyJune 1, 2025

NEW DELHI: Finance minister Nirmala Sitharaman Saturday said the Modi government promotes wealth creation and encou-rages entrepreneurs to earn profits through ethical practices without inhibitions. This is in stark contrast to the stance adopted by...

Core sector growth eases a tad in Jan

BusinessMarch 1, 2025

NEW DELHI: Growth in the country’s crucial core sector held steady in Jan with expansion in cement and refinery products output...

India’s April-December fiscal deficit at Rs 9.14 lakh crore, widens on-year to 56.7% of FY25 aim

EconomyJanuary 31, 2025

India's fiscal deficit for the first nine months of this fiscal year through December stood at 9.14 lakh crore rupees, or 56.7% of...

European stocks set for worst quarterly showing since 2022

StocksDecember 31, 2024

European stocks were muted in the final trading session of 2024, as uncertainty around the monetary policy path and political shifts halted a...

Budget 2025: CII urges govt to stick to fiscal deficit target

EconomyDecember 8, 2024

New Delhi: Industry body CII has suggested the government to stick to the fiscal deficit target of 4.9 per cent of GDP for...

Budget 2025: FM Nirmala Sitharaman to start pre-Budget consultation with various stakeholders from December 6

EconomyDecember 3, 2024

Finance Minister Nirmala Sitharaman will commence customary pre-Budget consultations with various stakeholders beginning Friday. As part of the process, she will meet eminent...