Ishan Bakshi

Fiscal risk is more if PM Kisan and NYAY schemes are at the Centre, because it does not have hard budget constraints

Another critical but often neglected issue in India's fiscal debates is that of the phenomenal rise in the share of cesses and surcharged levied in the recent past

Say Congress undoing what it achieved through MNREGA by targeting beneficiaries

'Scheme to be rolled out in phases. States will be roped in to bear costs'

While most schemes fallen woefully short of targets, they have nevertheless helped bring convergence and coordination at various levels of governance

Three of the last four polls have seen a sharp surge at the bourses in the months leading up to the announcement of results. Only 2004 turned out to be an outlier

The index of industrial production (IIP) grew at a two-month low of 1.7% in January, dragged by subdued manufacturing activities, compared to 2.6% in December

Sector-wise data shows that growth in Q3FY19 was pulled down largely by agriculture and public administration

Growth was subdued due to contraction in mining and lacklustre manufacturing expansion

While an increase in cess and surcharges consequently denies states a higher share of taxes collected by the centre, such a revenue stream helps shore up the central government's coffers

On the other hand, total expenditure was up 7.8% at the end of Dec, compared to the same period last year

Under the broad rubric of gross tax revenue, direct tax collections have been pegged to rise from Rs 6.94 trillion (5.6 per cent of GDP) in FY15 to Rs 11.5 trillion (6.1 per cent of GDP) in FY19

Here's why an outgoing government needs to present an interim Budget at all, and the precedents that the finance minister can go by while doing so later this week

While 2018 was marked by scams, regulatory crackdowns and the RBI-Centre spat, the likelihood of some PSU banks coming out of the PCA framework could boost credit growth in 2019

PC Mohanan, who was the acting chairman of the NSC along with member JV Meenakshi resigned on Monday, leaving behind no external members in the body

At the end of December 2018, two years after the IBC came into effect, 586 cases have been settled one way or another

The report is based on an online survey of 33,000 respondents carried out in 27 markets in October and November 2018

In the current financial year, states are expected to witness a fiscal slippage of 0.2 percentage points to 2.8% of GDP in 2018-19

In rural areas, the inflation rate in health rose to 10.14% in December from in 4.7% January

The consumer food price index contracted 2.51% in December; in November, it had contracted 2.61%