There are various estimates of India’s debt to GDP ratio, but the consensus is that that it would be over 80 per cent at the end of the current fiscal year. Illustration: Uttam......
Fitch said COVID-19 is still in India and it is very likely that the government will have to spend a bit more on fiscal measures to support the economy. Illustration: Dominic Xavier/Rediff.com......
Fitch Ratings director Thomas Rookmaaker said India's debt-to-GDP ratio is likely to rise to 76 per cent from 70 per cent currently due to wider fiscal deficit and low economic growth.......
Sitharaman's Budget missed deficit target for the third year in a row, pushing shortfall to 3.8 per cent of GDP in the current fiscal as compared to 3.3 per cent previously planned. Illustration:......
Demonetisation will have a"negative" impact on growth in the short run but for the full fiscal, the GDP decline would be "relatively moderate", Fitch Ratings said on Friday. The ratings agency,......