Page 4 - Government Borrowing

RBI in focus as India looks towards bigger borrowing: Decision Guide

The benchmark repurchase rate will be maintained at 4% Friday, according to 24 of the 32 economists in a Bloomberg survey, although cooling inflation has stoked expectations for a rate cut

BS Policy poll: Pause for sure, liquidity to be back in focus at RBI

The apex bank would still like to drain out some liquidity while managing yields through OMO or operation twist, to fend off inflation, especially when rate hikes seem distant

Expect RBI to keep accommodative stance at least till first half of FY22

We think the MPC could express its willingness to maintain the accommodative monetary stance at least till H1FY22, which should help sentiments

India's massive borrowing puts RBI under pressure to keep yields in check

India will borrow a gross Rs 12 trillion ($164 billion) via bonds in the fiscal year beginning April, Finance Minister Nirmala Sitharaman said on Monday

Budget 2021: Govt to borrow about Rs 12 trillion in FY22, says FM

Finance Minister Nirmala Sitharaman on Monday said the government will borrow about Rs 12 trillion in 2021-22

Budget Byte: Borrowing to boost spending but debt will bother govt

Even before Covid-19 struck the economy, government was borrowing at a rate that was very close to the nominal GDP growth

Financing the vaccine

Any cess or surcharge should be one-time

Savings, profits, stocks can't stay high for long amid low income and interest rates

Things that cannot go on forever will not go on forever. There will be a change in the direction of the wind. One must hope it will be slow and calibrated, writes T N Ninan

UK borrowing reaches $46 bn, exceeds forecasts; debt highest since 1960

British public borrowing is on course to reach a record 372 billion pounds this financial year, according to forecasts in August from the Office for Budget Responsibility

Bond dealers not sure of government's Rs 12-trillion borrowing plan

Most say there could be excess borrowing of at least Rs 1.5-2 trn in coming days

Centre keeps borrowing programme unaltered at Rs 4.34 trillion in H2

In the first half that ended in September, the government borrowed Rs 7.66 trillion at an average yield of 5.82 per cent

Centre keeps borrowing programme unaltered at Rs 4.34 trillion in H2

To borrow Rs 4.34 trillion in 16 weekly tranches till Jan-end for the second half of the financial year

At Rs 40,072 cr, govt's external financing jumps 5 times till Aug: Report

In absolute terms, fiscal deficit -- which is the gap between expenditure and revenue -- stood at Rs 8,70,347 crore

Govt to borrow Rs 4.34 trillion in second half of FY21: Finance Ministry

The Finance Ministry said the government will borrow Rs 4.34 trillion in the second half of the current fiscal to meet its expenditure requirement amid Covid-19 crisis afflicting the economy

Ratio of India's public debt to GDP likely to scale a new high in FY21

According to the Reserve Bank of India (RBI) data, the combined liabilities of the Centre and the state governments were around Rs 147 trillion at the end of March 2020

India's (im)possible road ahead

Better implementation of policy measures and reaching out to those left behind are needed next

Foreign funds flee India's bonds just when it needs them the most

The amount of sovereign securities held by global funds has slumped Rs 76,700 crore ($10 billion) from this year's peak in February

Fiscal math of the imponderables

Growth holds the key to the government's fiscal deficit slippage

RBI converts less than a third of Rs 30K-crore bonds into long securities

Bond dealers said the market wanted the RBI to offer them higher coupon for the switch, as the source security is maturing just next month.

Imposing pointless conditions on loans will stifle States: Tamil Nadu CM

Palaniswami was referring to conditions put forward by Centre to raise borrowing limits from 3% to 5% of GSDP for this financial year