Govt lowers fiscal deficit target to 4.9 pc, to focus debt-to-GDP ratio post FY’26

New Delhi: Buoyed by improvement in revenue collection, the government has lowered the fiscal deficit target to 4.9 per cent for the current financial year as against 5.1 per cent estimated in February’s interim Budget. Finance Minister Nirmala Sitharaman, however, retained the fiscal deficit estimate at 4.5 per cent for 2025-26 as announced in February….

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Finance Minister presents a ‘balanced and gratitude-oriented’ budget 2024-25

New Delhi: Union Finance Minister Nirmala Sitharaman on Tuesday presented a balanced and gratitude-oriented Budget 2025 under Narendra Modi’s third term. Matching the record of Morarji Desai by presenting the Union budget for the seventh time, Sitharaman delivered crucial announcements after an embarrassing electoral loss, demonstrating resilience despite the ruling party lacking a simple majority….

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Boost for Andhra Pradesh in Union Budget: Rs 15,000 cr for Amaravati, among others

New Delhi: The Central government will provide Rs 15,000 crore financial assistance for Andhra Pradesh for the purpose of development of Amaravati, Union Finance Minister Nirmala Sitharaman said on Tuesday. Presenting the Budget for 2024-25 in the Lok Sabha, she further said the NDA government at the Centre is fully committed to financing and early…

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Navy chief apprises Defence Minister Rajnath Singh of fire aboard INS Brahmaputra

New Delhi: Navy Chief Admiral Dinesh K Tripathi on Monday apprised Defence Minister Rajnath Singh about an incident of fire onboard India’s frontline warship INS Brahmaputra at the Mumbai naval dockyard that significantly damaged the frigate. According to the Navy, a junior sailor is missing following the fire incident on Sunday evening and rescue teams…

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