The council suggested that the 15th Finance Commission under the chairmanship of N. K. Singh will have to take a nuanced approach towards tax devolution to the states, other transfers, financing of expenditures in the midst of revenue strains including through borrowings and the path of fiscal consolidation.
New Delhi: United Nations Economic and Social Commission for the Asia and the Pacific (UN ESCAP) expects a stronger growth momentum of 5.5 per cent for India in 2014-15 on account of economic expansion, likely
New Delhi: Onion prices continued to rule at a record Rs 100 per kg in parts of the country for the second day today as a hapless government waited for increased supply of new crops
Kolkata, Jun 29: Chairman of Prime Minister's Economic Advisory Council C Rangarajan today said the government was determined to contain fiscal deficit.“There is a debate between austerity and growth and we have made our mind
New Delhi, June 14 : Describing the rise in inflation to above 9 per cent as “upsetting”, the Prime Minister's Economic Advisory Council today pitched for further tightening of the monetary policy by the RBI
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