Government borrowing

Lack of monetary independence can make economies more vulnerable to a debt crisis, a new study shows. Photo: Mint
Earlier in the financial year, the bond market reacted sharply to the government’s announcement that it would need to borrow Rs50,000 crore more and forced it to lower the target. Photo: iStockphoto

Market pressure

1 min read . 27 Mar 2018
Higher mark-to-market losses and a rising pile of bad loans have ensured banks don’t have the stomach for government bonds any more. Photo: Pradeep Gaur/Mint
GST revenue inflow has been below expectations so far.

GST revenues: Growing uncertainty

2 min read . 27 Feb 2018
A breach in fiscal deficit target may force finance minister Arun Jaitley to recalibrate his fiscal consolidation road map of achieving a fiscal deficit of 3% of GDP by 2018-19. Photo: PTI