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Medium Term Expenditure Framework

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Will Mr Jaitley bite the 'swadeshi' bullet?

What the new defence minister does with the Rafale fighter jet deal will decide if India wants to build genuine, long-term defence capability through an indigenous product that slashes life-cycle......

Exclusive! Manohar Parrikar on his plans for India's defence

'The armed forces have been given clear indication that they have to give priority to Make in India and indigenisation and dependence on foreign source should be reduced.' 'Almost Rs 90,000 crores......

TEXT: President Patil's last address to Parliament

President Pratibha Patil on Monday addressed Parliament for the last time as President when she flagged off the Budget session. Here's the text of her speechHonourable Members I welcome you to this......

President's address to the Parliament

Following is the trascriptof President Pratibha Patil's address to the joint sittingof Parliament on Thursday.Honourable Members, I convey my good wishes to you and to all our people. On behalf of......

India's pace of debt reduction leaves room for downside risk

Fitch Ratings on Monday said India's pace of debt reduction is gradual, leaving room for a downside risk to sovereign rating in the eventuality of a significant economic shock. Photograph: ANI......

What Direction Will The Budget Take?

The finance minister could improve the quality of public spending, which could mean placing greater emphasis on capital expenditure and a closer review of revenue spending, such as subsidies, to......

Ahead of Modi-Trump meet, India revamps tariff structure

Anticipating US action on tariffs, India seems to have made the first move by revamping its tariff structure by reducing the slabs to eight rates, points out Mukesh Butani. IMAGE: Union Finance......

Will Sitharaman's Debt-GDP vs Fiscal Deficit Gamble Pay Off?

Using the debt-to-GDP ratio as a fiscal anchor aligns with efforts to promote fiscal transparency through proper disclosure of off-budget borrowings. Illustration: Dominic Xavier/Rediff.com In......

India's GDP growth seen at 6.5% in FY25, FY26: EY report

India's economy is likely to grow by 6.5 per cent in the current and the next financial year, an EY report said, attributing lower than anticipated expansion in the September quarter to fall in......

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