India fastest growing economy

Government using 99% borrowings for capex in FY26, says FM – The Times of India

polite1 month ago03 mins

NEW DELHI: Government is using entire borrowed resources for financing effective capital expenditure, creating capital assets, finance minister Nirmala Sitharaman said on Tuesday, asserting that money was not being denied to any of the capital expenditure accounts.“Govt intends to use about 99% of borrowed resources to finance effective capital expenditure in the upcoming year 2025-26,”…

5.4% GDP growth doesn’t indicate systemic slowdown: Nirmala Sitharaman – Times of India

polite3 months ago04 mins

Finance minister Nirmala Sitharaman (File photo) NEW DELHI: Asserting that September quarter growth numbers do not indicate a systemic slowdown, finance minister Nirmala Sitharaman on Friday said that economic activity will pick up in third quarter and India will remain the fastest growing major economy over the next few years.“The fourth quarter, which was very…