Budget short on structural reform announcements: Fitch

India's budget for the fiscal beginning April focuses on giving a boost to the ongoing economic recovery through a sharp increase in capex spending but is short on major growth-enhancing structural......

'Our rating is dependent on the medium-term outlook'

'While we note the very strong cyclical recovery in the economy, we believe there is still uncertainty over medium-term prospects' IMAGE: Union Finance Minister Nirmala Sitharaman at a review......

Centre's FY22 fiscal deficit may be better at 6.6%

The Centre could better its fiscal deficit at 6.6 per cent of GDP in this financial year on stronger-than-expected revenue buoyancy, even if the budgeted disinvestment target is not met, Fitch......