India's retail inflation rises to four-month high in December on higher food prices
Increasing food price has raised India's annual inflation, raising central bank expectations of no rate cuts
Source: thedailystar.net
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Union Budget 2024: Budget news: Modi govt may lower budget gap by at least 50 bps, up capex by 20% in FY25
India plans to lower its budget deficit by at least 50 basis points in 2024/25 from its target of 5.9% of GDP, while raising capital spending by up to 20%. This move is expected to depend on increased revenues and efforts to curb subsidies. The government is confident of meeting its 5.9% target for the current year ending on March 31.
Source: indiatimes.com
Budget 2024: Centre may reduce budget gap by at least 50 bps, up capex by 20% in FY25, says report
The Centre is trying to raise capital spending on building infrastructure to as much as Rs 12 lakh crore from the current year's plan of Rs 10 lakh crore.
Source: businesstoday.in
The thing to watch: India plans lowering budget deficit, but increasing spending
Pakistan wants to reduce the gap by reducing spending and boosting revenue collection
Source: dunyanews.tv
India plans to lower budget gap by at least 50 bps, raise capital spending as much as 20% in FY25 - sources
India is planning to lower its budget deficit by at least 50 basis points in 2024/25 from this year's target of 5.9% of gross domestic product , while also looking to raise capital spending by as...
Source: marketscreener.com