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India likely to see muted GDP growth, high inflation over next few quarters: Experts

Experts at the India Today Conclave Mumbai 2022 said that the country is likely to see a muted GDP growth and an inflation figure well over the target of 4%. ....

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HDFC Bank Q2 net profit jumps 18% to Rs 9,096 crore

HDFC Bank had registered a net profit of Rs 7,703 crore during the same quarter last fiscal ....

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Telecom Department slashes bank guarantee requirement for telecom operators by 80%

The move will unblock cash reserves of Bharti Airtel, Reliance Jio, Vodafone Idea, BSNL and internet licence holders like Tata Communications, Atria Convergence Technologies, etc. ....

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Budget wins applause for keeping it real

Updated Feb 03, 2021 | 10:07 IST
The finance ministry doubled spending on health and raised capital spending for asset creation by 34.5% to Rs 5.54 lakh crore for the fiscal year that starts on April 1
FM Sitharaman projected a modest privatisation target of Rs 1.75 lakh crore in the Budget.
New Delhi: Prime Minister Narendra Modi s government is winning rare plaudits for having delivered a budget that is transparent and prudent, coming amid a coronavirus-led economic slump, despite a record fiscal deficit.
While budgets in prior years have been criticized for underplaying the extent of the fiscal deficit by using off-balance sheet borrowings, and often overly aggressive revenue assumptions, Finance Minister Nirmala Sitharaman s 2021-2022 budget drew a realistic picture, economists said. ....

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India's budget wins applause for keeping it real

4 Min Read
NEW DELHI (Reuters) - Indian Prime Minister Narendra Modi’s government is winning rare plaudits for having delivered a budget that is transparent and prudent, coming amid a coronavirus-led economic slump, despite a record fiscal deficit.
FILE PHOTO: India s Finance Minister Nirmala Sitharaman holds up a folder with the Government of India logo, as she leaves her office to present the federal budget in the parliament in New Delhi, India, February 1, 2021. REUTERS/Anushree Fadnavis
While budgets in prior years have been criticized for underplaying the extent of the fiscal deficit by using off-balance sheet borrowings, and often overly aggressive revenue assumptions, Finance Minister Nirmala Sitharaman’s 2021/2022 budget drew a realistic picture, economists said. ....

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