India to work on growth, is ready to borrow more says Economists

India’s government will rework the federal budget on Friday and revise its borrowing target slightly higher for this year and next, marred by a slowing economy and weak jobs... Read more »

India’s fiscal deficit reaches 4.52% of GDP in February-end says report

India’s fiscal deficit was at Rs 8.51 lakh crore in February-end reaching 4.52 per cent of GDP, a senior Finance Ministry source told a news agency. The receipts are... Read more »

LIC Mutual Fund launches Short Term Debt Fund

 LIC Mutual Fund announced today the launch of LIC MF Short Term Debt Fund- an open-ended short-term debt fund scheme investing in instruments Macaulay duration between 1 year and... Read more »

India’s April-May fiscal deficit at 55.3% of full year’s target

India’s budgetary fiscal deficit for April-May 2018-19 stood at 55.3 per cent — Rs 3.45 lakh crore — of the full year’s target of Rs 6.24 lakh crore, official... Read more »