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Madan Sabnavis

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Centre Plans To Raise Rs 7.5 Trillion...

...to fund the revenue gap.Of the gross market borrowing of Rs 14.13 trillion estimated for FY25, Rs 7.5 trillion, or 53 per cent, is planned to be borrowed in the first half. IMAGE: Kindly note......

Above-normal rainfall likely in Sep but won't wipe deficit: IMD

Monsoon in August was almost 24 per cent below normal, which was the sixth driest August since 1901. It came on the back of a 7-per cent monsoon shortfall in July. IMAGE: Laboureres plant saplings......

RBI may cut interest rate by 25 bps on Feb 7

The RBI is likely to reduce the key interest rate by 25 basis points this week after keeping it on hold for two years, complementing the Union Budget initiatives to push consumption-led demand,......

'High Probability Of Lowering Repo Rate'

'As the Budget has taken some measures to spur growth, similar action from the MPC may be expected.' Illustration: Uttam Ghosh/Rediff.com Taking into account the moderating inflation, slowing......

Rupee REER declines in Dec after Nov peak

The Real Effective Exchange Rate (REER) of the rupee moderated in December to 107.20 after hitting a peak of 108.14 in November, latest data released by the Reserve Bank of India (RBI) showed.......

Govt May Save Over Rs 70K Cr In FY25

Illustration: Dominic Xavier/Rediff.com   The government may save over Rs 70,000 crore (Rs 700 billion) on capital and revenue expenditure allocated towards new schemes in the FY25 Budget......

Experts see FY26 nominal GDP growth at 10-11%

The upcoming Union Budget to be presented on February 1 is likely to assume a nominal gross domestic product (GDP) growth between 10 and 10.5 per cent for FY26, a Business Standard poll of 10......

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