Balancing Resolve: RBI’s Steady Course Toward Price Stability and Growth

Dr. Hemangi Kelkar, Assistant Professor, School Of Economics, NMIMS-Navi Mumbai The RBI’s steps echo Mahatma Gandhi’s wisdom: “I am moving cautiously, watching myself atevery step.” But beneath this caution... Read more »

FM Nirmala Sitharaman pumps Rs 70,000 crore as additional capital for public sector banks

Finance Minister Nirmala Sitharaman in her Budget speech on July 5 rang it good news for India’s beleaguered state-owned banks, setting aside Rs 70,000 crore that the government will... Read more »

Nirmala Sitharaman to try balance fiscal needs of the economy

A mini-stimulus to take the economy out of five-year low alongside giving some tax relief to thousands of Indians. The Finance Minister Nirmala Sitharaman performs a tightrope walk balancing... Read more »

Income Tax department issues Rs 64,700 crore worth refunds between April 1 to June 18

The Income Tax department has issued Rs 64,700 crore worth refunds in the current fiscal, and for full 2018-19 fiscal the amount released was over Rs 1.61 lakh crore,... Read more »

Finance Ministry to model annual budget around the interim budget

A full-year budget will be presented by the Finance Minister Nirmala Sitharaman, on July 5. Finance ministry has said that it would use the interim budget allocations made to... Read more »