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India s Budget points to a loosening of fiscal policy: Fitch Ratings

Read more about India s Budget points to a loosening of fiscal policy: Fitch Ratings on Business Standard. The Budget points to a loosening of fiscal policy to support the country s ongoing economic recovery from the pandemic and will consequently lead to a rise in public debt, Fitch said

Opposition slams govt in Lok Sabha for ignoring aam admi in budget

The Opposition slammed the government in the Lok Sabha on Wednesday for ignoring the aam admi and showing insensitivity towards agitating farmers in the budget proposals for 2021-22, which were unveiled by Finance Minister Nirmala Sitharaman earlier this month. The aam aadmi has been let down totally in the last seven years.and the budget has betrayed his most fundamental aspirations, Congress member Shashi Tharoor said while initiating the general discussion on the Union Budget. The finance minister has neither played defensive nor hit the ball, he said, adding, She has just run out of ideas. You cannot cross the sea but just keep staring at it.

Nirmala Sitharaman: We never considered imposing a cess | India Business News

Nirmala Sitharaman: We never considered imposing a cess

It s Budget Season And That Means Talk of a Bad Bank Yet Again

It’s Budget Season. And That Means Talk of a ‘Bad Bank’ Yet Again. With the RBI governor open to taking a look at a proposal if it is presented, if we see one next week, surely a wider debate will be in order. A woman walks past the Reserve Bank of India (RBI) head office in Mumbai. Photo: Reuters/Shailesh Andrade/ Economy26/Jan/2021 In a public lecture almost two weeks ago, Reserve Bank of India (RBI) Governor Shaktikanta Das stated that if a proposal for the creation of a ‘bad bank’ was put forward, the monetary regulator would look at it.

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