Page 7 - Fiscal Policy

Loan moratorium is fiscal policy matter, we're on top of it: Centre to SC

The Centre told the SC that issue pertaining to loan moratorium is a fiscal policy matter and the government has taken various proactive steps keeping in mind different sectors.

Best of BS Opinion: India's economic self-harm, LAC disengagement and more

Here are the best of BS Opinions of the day

Fiscal impact of stimulus to be around 0.6% of GDP in FY21: Experts

The finance minister announced tax relief on select home sale deals, enhanced credit guarantee programme for small businesses and provided incentives for new job creation

Amid US election uncertainty, the Fed is likely to lay low this week

The Federal Reserve is scheduled to release its latest policy statement after two days of debate in which policymakers lacked a critical piece of information: who will run the US for next four years

Fiscal transparency

Concerns raised by the CAG must be addressed

NCAER sees GDP shrinking by 12.6% in FY21, falling in three remaining qtrs

All the remaining three quarters of 2020-21 were projected to witness a fall in the gross domestic product (GDP), NCAER said

CSEP appoints Vikram Singh as Chairman, Rakesh Mohan as President

Centre for Social and Economic Progress, a policy think tank, on Thursday said it has appointed Vikram Singh Mehta as Chairman and former RBI deputy governor Rakesh Mohan as the Centre's President.

Severe shock to consumption, economy will take longer to recover: RBI

"Retrenchment in activity that is unprecedented in history," says the annual report released by the central bank

The joker in the pack

Government's fiscal headroom is crucially linked to a realistic assessment of its net revenue collection

India has more scope for policy support despite limited fiscal space: IMF

Says the country's measures are tilted towards 'below-the-line' support such as food subsidy and other measures, rather than direct fiscal spending

Top headlines: Next fiscal policy, peak gold prices, CARE ratings and more

Here are the top headlines of the day

Managing public debt

India needs structural changes in economic management

Early signals for the fisc

The April-May figures show a sharp rise in external financing and spending on farm as well as rural India

Why Moody's downgrade is not a bolt from the blue but still not justified

While this downgrade will not affect the sovereign as it does not borrow overseas, it will however affect Indian companies borrowing from abroad

Leave the PSUs alone for now

Government sell-off is a stimulus for itself and might not work at this juncture

India to cap stimulus package at $60 bn to protect credit rating: Report

Fitch warned India's sovereign rating could come under pressure if its fiscal outlook deteriorates further

Will more foreign financing be needed?

It is important to remove the frictions, to connect the infinite capital of the global financial system with end-users in India

Covid-19 relief: Here are the steps taken by the RBI to fight slowdown

Among other important announcements, he announced a reduction in reverse repo rate by 25 basis points from 4 per cent earlier to 3.75 per cent now

Covid-19: Ease fiscal policy, let states borrow from RBI, says Kerala FM

On Tuesday, Kerala had to offer an interest rate of 8.96 per cent for Rs 6,000 crore market borrowing for state development loan for a 15-year period

Questions about borrowing

The funding need can change materially