Subsidies can’t be rolled back abruptly, reforms will be gradual: Vualnam

New Delhi: Subsidies continue to serve critical national needs, and cannot be withdrawn abruptly, expenditure secretary…

Dividend income, spending control keep India’s fiscal deficit in check

New Delhi: India’s fiscal deficit for April-December 2025 stood at ₹8.6 trillion, or 54.5% of the…

India’s fiscal deficit hits ₹9.76 trillion, nearly two-thirds of target

India’s fiscal deficit from April to November stood at ₹9.76 trillion or 62.3% of the budget…

Low tax growth didn’t derail India’s finances in H1FY26. Here’s why

Despite muted tax growth in the first half of FY26, the Centre has managed to keep…