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The Indian finance ministry has stated that economic activities in the second quarter of this fiscal year are progressing well, following the momentum seen in the previous quarter. However, it has expressed concerns about the recent increase in global crude oil prices. The report also highlights the potential risks of a stock market correction and geopolitical developments on investment sentiment in the second half of the financial year. Despite these risks, the ministry remains optimistic due to positive factors such as corporate profitability, private sector investment, and bank credit growt...

The Indian finance ministry has stated that economic activities in the second quarter of this fiscal year are progressing well, following the momentum seen in the previous quarter. However, it has expressed concerns about the recent increase in global crude oil prices. The report also highlights the potential risks of a stock market correction and geopolitical developments on investment sentiment in the second half of the financial year. Despite these risks, the ministry remains optimistic due to positive factors such as corporate profitability, private sector investment, and bank credit growt...

Although the 6.5 per cent growth projection for the current fiscal is in line with the estimates of the World Bank and the Asian Development Bank (ADB), there are factors which could affect the favourable combination of growth and inflation outcomes currently estimated, said the March edition of the Finance Ministry's Monthly Economic Review.

Total government liabilities rise to Rs 107 lakh cr in Q2: Finance ministry report Public debt accounted for 91.1 per cent of total outstanding liabilities at end-September 2020, as per the latest quarterly report on public debt management. PTI Source: Pixabay Total liabilities of the government increased to Rs 107.04 lakh crore at end-September 2020 from Rs 101.3 lakh crore at end-June 2020, official data on public debt showed on Wednesday. This represented a quarter-on-quarter increase of 5.6 per cent in Q2 FY21. Public debt accounted for 91.1 pe...