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Budget 2021: Getting India back on the growth track Premium Share Via Read Full Story The past year has tested India on many fronts. Even as a pandemic-induced lockdown ravaged the economy, a cash-strapped government struggled to offer relief, especially to the urban poor. Many lost their jobs and had to leave the cities they had begun to call home. At the same time, the threat of war with a nuclear-armed wealthier neighbour loomed on the horizon. Tensions with China have thawed, but the conflict may not be over yet. The backdrop to this year’s budget makes it imperative that the government...

StanChart sees India charting course to a tighter budget Premium (ANI Photo ) . Updated: 11 Jan 2021, 01:11 PM IST Bloomberg Nirmala Sitharaman will likely target fiscal deficit at 5.3% of gross domestic product in the budget for the year starting April 1, the bank says Share Via Read Full Story India will seek to narrow its budget deficit next financial year, amid expectations of improved revenue collections and economic rebound, according to Standard Chartered Bank Plc. Finance Minister Nirmala Sitharaman will likely target fiscal deficit -- the gap between income and expenditure -- at 5....