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BS Web Team New Delhi
Crude compulsions in Budget: Oil prices to put pressure on govt finances

The twin spectres of global recession and sticky inflation, which threaten to trip India’s growth prospects in 2023-24, may become a set of triplets amid oil and gas prices heading north. Finance Minister Nirmala Sitharaman must be cognisant of a potential uptick in oil and gas rates to make realistic assumptions in the upcoming Budget. More so after Budget estimates for fuel prices this fiscal missed actuals by a mile thanks to the Russia-Ukraine war. Read more...

IBC overhaul seeks to give adjudicating authority a

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First Published: Jan 19 2023 | 8:36 AM IST

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