Ishan Bakshi

Schemes like PM Kisan, NYAY should better be left to states, says Y V Reddy

Fiscal risk is more if PM Kisan and NYAY schemes are at the Centre, because it does not have hard budget constraints

Reshaping India's fiscal architecture

Another critical but often neglected issue in India's fiscal debates is that of the phenomenal rise in the share of cesses and surcharged levied in the recent past

Congress should come up with plan to implement Rahul's NYAY: Experts

Say Congress undoing what it achieved through MNREGA by targeting beneficiaries

Rahul's scheme for poor to cost Rs 3.5 trn: Congress' data analytics chief

'Scheme to be rolled out in phases. States will be roped in to bear costs'

Five years of NDA's urbanisation drive: Slow progress muffles good intent

While most schemes fallen woefully short of targets, they have nevertheless helped bring convergence and coordination at various levels of governance

How a gritty Indian market has been rallying ahead of Lok Sabha elections

Three of the last four polls have seen a sharp surge at the bourses in the months leading up to the announcement of results. Only 2004 turned out to be an outlier

Industrial output growth slips to 1.7% in January, inflation rises to 2.57%

The index of industrial production (IIP) grew at a two-month low of 1.7% in January, dragged by subdued manufacturing activities, compared to 2.6% in December

Statsguru: Economic growth slows to 6-quarter low of 6.6% in Q3FY19

Sector-wise data shows that growth in Q3FY19 was pulled down largely by agriculture and public administration

IIP grows at 2.4% in December against 7.3% in year-ago period

Growth was subdued due to contraction in mining and lacklustre manufacturing expansion

Centre hopes to mop up Rs 4.4 trillion from cess and surcharges in FY20

While an increase in cess and surcharges consequently denies states a higher share of taxes collected by the centre, such a revenue stream helps shore up the central government's coffers

Centre's fiscal deficit till December exceeds FY19 target by 11%

On the other hand, total expenditure was up 7.8% at the end of Dec, compared to the same period last year

Interim Budget 2019: Personal taxes buoyant for NDA, indirect taxes a worry

Under the broad rubric of gross tax revenue, direct tax collections have been pegged to rise from Rs 6.94 trillion (5.6 per cent of GDP) in FY15 to Rs 11.5 trillion (6.1 per cent of GDP) in FY19

Interim Budget 2019: Why outgoing govts don't present full-fledged Budgets

Here's why an outgoing government needs to present an interim Budget at all, and the precedents that the finance minister can go by while doing so later this week

Financial sector: The year gone by was tumultuous, but will 2019 be better?

While 2018 was marked by scams, regulatory crackdowns and the RBI-Centre spat, the likelihood of some PSU banks coming out of the PCA framework could boost credit growth in 2019

NSC members feel 'sidelined by govt', resign on row over jobs, GDP data

PC Mohanan, who was the acting chairman of the NSC along with member JV Meenakshi resigned on Monday, leaving behind no external members in the body

Number of cases withdrawn under Sec 12A of IBC sees a spike in Q3 FY19

At the end of December 2018, two years after the IBC came into effect, 586 cases have been settled one way or another

Trust in institutions rises worldwide but not in govt and media: Report

The report is based on an online survey of 33,000 respondents carried out in 27 markets in October and November 2018

Farm schemes to push state fiscal deficits to 3.2% of GDP in FY'20: Ind-Ra

In the current financial year, states are expected to witness a fiscal slippage of 0.2 percentage points to 2.8% of GDP in 2018-19

The curious case of rising health, education inflation in rural areas

In rural areas, the inflation rate in health rose to 10.14% in December from in 4.7% January

Inflation at 18-month low, gives RBI room to ease monetary policy

The consumer food price index contracted 2.51% in December; in November, it had contracted 2.61%