Indian economy not in recession, says IMF

The Indian economy experienced some abrupt slowdown in 2019 due to turbulence in non-banking financial institutions and major reform measures such as GST and demonetisation, but it is not in a recession, IMF Managing Director Kristalina Georgieva has said.

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Rs 4,118 cr allotted for S Rly in budget

Southern Railway has received a budget allotment of Rs 4,118.80 crore for the current financial year 2019-20. It was announced during the Union budget that was presented by Finance Minister Nirmala Sitharaman recently. Continue Reading

Budget focus: Ticks almost all boxes says India Inc.

Keeping in mind progressive growth, the Union budget announced in the Parliament had something for all sectors to cheer about. With the government leaving many sectors untouched, the need for more action to be taken follows as a consequence. Continue Reading

Budget focus: Agri, NBFC & MSME sectors require urgent attention

According to State Bank of India‚Äôs special research report on budget for ANM (agriculture, NBFC and MSME) and “measured” fiscal consolidation, the NBFC and MSME sectors require urgent attention in the upcoming budget. Continue Reading