Fiscal deficit till December already touched 4.3 per cent of the gross domestic product (GDP) for the entire financial year, just 0.3 percentage points short of the Budget target of 4.6 per cent of

The Prime Minister’s Economic Advisory Council chairman C Rangarajan expects the final economic growth to be better than the advance estimates for this financial year. In an

For years, economists did not know how to think about services. The tertiary sector of the economy was an afterthought for many early economists, and that caused a bias in economic theory and