)
Lower revenue collection, in turn, puts upward pressure on government borrowing, ensuring that it deviates from the glided path of debt reduction
Slightly lower than the seven-quarter high of 7.7% logged in the fourth quarter of 2017-18
Subramanian, who had often batted for policy rate rate reduction, said tighter monetary and fiscal policies were needed to hold the line at the time of shocks
"For improving outcome in India, you could allow states to test which law, rules work and which do not and then choose."
The first of a two-part series explores how the proceedings under the IBC have taken off and whether the code is helping banks recover their unpaid loans
India's economy grew at a seven-quarter high of 7.7 per cent in the fourth quarter of 2017-18
Another cause can be traced to the loan waivers announced by these state governments
A gauge of capacity utilisation is also provided by the RBI data on working capital loans
Sale of M&HCVs grew 42 per cent in the December quarter, up from 20 per cent in the September one
Fund to explore providing loans to railways, urban housing scheme
The six Budgets analysed are of Chhattisgarh, Kerala, West Bengal, Jammu & Kashmir, Rajasthan and Uttar Pradesh
The decision to maintain the status quo was made against the backdrop of the retail inflation rate, measured by CPI, rising for the sixth consecutive month in December
At 3.3 per cent of GDP, FY19 target up from 3 per cent earlier
Gross fixed capital formation (GFCF) growth was revised to 10.1 per cent in FY17, the highest in this series, from the previously anaemic 2.4 per cent
With revenue falling short of expectations, analysts said the Centre was unlikely to meet its fiscal deficit target of 3.2 per cent in FY18
Now, of the Rs 1.9 trillion through IGST, data from the controller general of accounts shows Rs 1.38 trillion was sitting on the government book at the end of November
Analysts have been grappling with a fundamental question - are enough jobs being created for the millions entering the labour force each year?
The trade deficit for November is pegged at $13.82 billion
Economic growth in India had slowed down over the last two quarters
The country needs to spend Rs 50 lakh crore by 2022 to provide a strong foundation for rapid growth, estimates CRISIL