New Delhi, June 30 (IANS) India’s fiscal deficit stood at Rs 1.624 lakh crore in April-May of financial year 2026-27, which accounts for 9.6 per cent of the full-year target, data released by the Controller General of Accounts (CGA) showed on Tuesday.The government has fixed a fiscal deficit target of Rs 16.96 lakh crore for the full financial year (FY27), which shows that the figures for the first two months reflect a strong fiscal position with the country on track to meet the target set in …
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Mumbai, Jan 30 (IANS) India can sustain “J‑curve” gains despite rupee weakness, if trade diversion becomes embedded in durable supply chains and is supported by logistics efficiencies, a report said on Friday.The report from Emkay Global Financial Services further stressed restrained tariffs on capital goods and intermediaries as well as steady long‑term FDI to sustain the J-curve gains, adding that these factors will matter far more than tariffs over the medium term.It projected a curre…