Subhash Chandra Garg says real fiscal deficit could reach 5% of GDP after including off-budget liabilities, so there’s no space for an expansionary budget.
After demanding $3 bn each from Vodafone and Airtel, and a reported $24 bn from GAIL India, now the govt has sought $2 bn from a fertiliser maker in Gujarat.
Fitch said growth will gradually recover to 5.6% in FY21 and 6.5% in the following year with support from easing monetary and fiscal policy and structural measures.
The casualty list of the personnel killed or wounded during Op Sindoor has not been formally published. The public has been denied the opportunity to stand by and honour the families of the fallen.
The new law, which the government has framed as a moral duty, forced major platforms like Dream11 & Zupee to shut operations, wiping out hundreds of crores in market capitalisation.
Joint Doctrine for Special Forces Operations, released Wednesday, also outlines plans for the future expansion of AFSOD and the creation of Joint Service Training Institutes.
Putin sees this as a victory. Europeans have decided to deal with Trump on his terms for the sake of the larger Western alliance. We look at the lessons for us in India.
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