Washington, Feb 19 (IANS) Backing the government’s budget strategy, the International Monetary Fund (IMF) on Thursday urged India to stay focused on a medium-term fiscal consolidation path, and called for continued efforts to rebuild fiscal buffers. “We’re encouraging them to continue to focus on a medium-term fiscal consolidation path,” IMF Communications Director Julie Kozack told reporters at a news conference here.This would “enable India to rebuild fiscal buffers and ensure that r…
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New Delhi, Feb 4 (IANS) The Union Budget 2026–27 prioritised durable growth, fiscal prudence and execution certainty over short‑term market appeasement, a report said on Wednesday.The report from PL Wealth, the wealth management arm of PL Capital, said the medium‑term outlook remains constructive for infrastructure, capital goods, defence, logistics, manufacturing and select export‑oriented sectors such as engineering goods, textiles and gems and jewellery.The equities may see near‑ter…
Washington, Feb 2 (IANS) Leading US-India business groups welcomed India’s Union Budget 2026–27, saying it reinforces growth, fiscal discipline, and India’s role as a key economic partner for the United States during global uncertainty.US-India Business Council (USIBC) and the US-India Strategic Partnership Forum (USISPF) said the budget underscored India’s commitment to economic growth, resilience, and global competitiveness, while strengthening the foundations for deeper bilateral comm…
New Delhi, Feb 1 (IANS) Finance Minister Nirmala Sitharaman announced a powerful thrust on infrastructure development in her Union Budget speech for 2026-27, emphasising sustained public investment to drive economic growth and balanced regional progress.The government will maintain its strong focus on enhancing infrastructure in cities with populations exceeding five lakh, particularly Tier-2 and Tier-3 urban centres that have emerged as vital growth hubs.This shift aims to reduce pressure on ma…
New Delhi, Jan 29 (IANS) The Economic Survey projects India’s real GDP growth for the financial year 2026-2027 in the range of 6.8 to 7.2 per cent based on an outlook for the economy that is one of steady growth amid global uncertainty.The survey states that for India, “these global conditions translate into external uncertainties rather than immediate macroeconomic stress. Against the backdrop of global uncertainties, the domestic economy remains on a stable footing. Inflation has moderated…
Thiruvananthapuram, Jan 28 (IANS) Kerala’s economy posted strong and broad-based growth in 2024-25, with the Gross State Domestic Product (GSDP) in real terms expanding by 6.19 per cent to Rs 6.85 lakh crore, up from Rs 6.45 lakh crore in the previous year, according to the State’s Economic Review 2025, that was placed in the Assembly on Wednesday.It pointed out that growth was supported by steady expansion across primary, secondary and services sectors, alongside improved capital spending a…
Ahmedabad, Dec 26 (IANS) The Vemar Primary School in Gujarat’s Vadodara district is emerging as a model institution by preparing young students for future challenges through quality and practical education, officials said on Friday. Under the Gujarat government’s ‘Gyan Hi Shakti Hai’ initiative, the school goes beyond textbooks to focus on creativity, self-reliance and innovation among children.Along with regular academics, students are encouraged to participate in a range of co-curricular and s…