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Featured News
Govt raises nearly Rs 20,000 crore through disinvestment, asset sales as West Asia conflict swells subsidy burden
The Centre has raised nearly Rs 20,000 crore through stake sales and asset monetisation in the first two months of this financial year. This comes as the government faces rising energy and fertiliser costs. Officials are working to boost non-tax revenues to meet spending pressures. The government has also provided support to the oil sector.
India's current account deficit to stand at 1.8% of GDP for FY27: Report
India is expected to see a current account deficit of 1.8 per cent of GDP in FY27 as against around 2 per cent projected earlier. This adjustment follows a stable outturn in the external sector during the preceding fiscal year despite a widening trade deficit.
