New Delhi, June 26 (IANS) Goldman Sachs has raised India’s GDP growth forecast to 6.8 per cent for calendar year 2026 from 6.5 per cent earlier, following the US-Iran peace deal that has led to lower global oil prices and eased supply chain disruptions.The investment bank has also raised its FY27 GDP growth forecast for the country by 40 basis points to 6.5 per cent.In its latest report, titled ‘India: Improved macro outlook after the US-Iran deal’, the global investment bank said it has rev…
Latest Fiscal Measures News & Updates
Srinagar, May 23 (IANS) The Jammu and Kashmir government on Saturday announced a series of measures aimed at rationalising expenditure and ensuring fiscal prudence during the financial year 2026-27.An order issued by the Union Territory’s Finance Department said the measures will come into immediate effect and outlined detailed guidelines to curb non-essential spending.The order stressed that only essential seminars, conferences, workshops, and training programmes should be held, with departme…