Mumbai, March 23 (IANS) The second advance estimates of GDP for 2025–26 indicate sustained resilience of the Indian economy even as the conflict in the Middle East and fresh trade investigations by the US have resulted in increased volatility in the global markets, according to the RBI’s monthly bulletin released on Monday.High frequency indicators signal towards India’s economic activity gaining momentum in February. CPI headline inflation picked up in February on account of food and beve…
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New Delhi, March 13 (IANS) Finance Minister Nirmala Sitharaman informed the Lok Sabha on Friday that the country currently holds a robust fertiliser stock of 163 lakh metric tonnes (LMT) for April. This represents a significant 26 per cent increase over the previous year’s stock of 128.54 LMT.The Minister stated that while sufficient stocks are available for the Kharif season, the government is already making provisions through supplementary demands to ensure the Department of Fertilisers can pr…
New Delhi, March 13 (IANS) The Lok Sabha on Friday approved the second batch of Supplementary Demands for Grants, which will enable the government to spend an additional Rs 2.01 lakh crore in the current financial year.The government had sought approval to spend a gross additional amount of Rs 2.81 lakh crore. However, with estimated additional receipts of Rs 80,000 crore during the current fiscal year, the net additional cash spending stands at Rs 2.01 lakh crore.In her reply to the debate in t…
New Delhi, March 13 (IANS) The government remains committed to keeping the fiscal deficit within the revised estimates for FY26, even as it brings in the second batch of supplementary demands for grants, Finance Minister Nirmala Sitharaman said on Friday.Replying to the debate in the Lok Sabha on the Supplementary Demands for Grants (Second Batch) for 2025–26, the Finance Minister said the additional spending proposals would remain within the fiscal deficit target presented in the Union Budget…