With resilient Q1 growth, Indian economy ‘steady as she goes’ in FY26: Centre

July 28, 2025 5:11 PM

With resilient Q1 growth, Indian economy ‘steady as she goes’ in FY26: Centre

The first quarter of FY26 presents a picture of resilient domestic supply and demand fundamentals. With inflation remaining within the target range and the monsoon progressing on track, the domestic economy enters the second quarter of FY26 on a relatively firm footing, according to the Finance Ministry’s Monthly Economic Review for June 2025, released on Monday. The report adds that the economy gives the impression of being "steady as she goes" for the current fiscal year (FY26). India’s m...

Budget boosts consumption, fiscal prudence, capex: report

February 3, 2025 1:54 PM

Budget boosts consumption, fiscal prudence, capex: report

The Union Budget 2025–26 has been crafted as a bold move toward fiscal consolidation and long-term structural reforms, with the government keeping the fiscal deficit at 4.4% for FY26 while boosting capital spending by 10% to ₹11.2 lakh crore, according to a report by PL Capital on Monday. The report highlights that the Budget strikes a delicate balance, ensuring credibility in debt management without compromising growth. The government has not only provided for an increase in Capex but cen...