India may see current account surplus after 7 yrs: Nomura

Thanks to a steep fall in global crude oil prices, India may report its first current account surplus in over seven years at 1.5 per cent of GDP in the ongoing quarter, leading brokerage Nomura......

10% spending cut won't help meet fiscal target: Nomura

Leading Japanese brokerage Nomura on Thursday said the government could miss the fiscal deficit target of 5.3 per cent by 50 basis points on poor revenue mop-up.It said even the 10 per cent cut on......

Nirmalaji, What Surprises Can We Expect?

IMAGE: Finance Minister Nirmala Sitharaman and Minister of State for Finance Dr Bhagwat Kishanrao Karad at the Halwa ceremony as the final stage preparations for the Interim Union Budget 2024......

Poor monsoon likely to push food prices further

The El Nino risks for this year is rising in India and it could result in sub-par rains, hurting rural demand and food inflation in the country, says a report. According to the Japanese brokerage......