fiscal deficit

Fiscal Deficit News

Budget 2023| Fiscal deficit to be brought down to below 4.5 per cent by 2025-26: Nirmala Sitharaman

Union Budget 2023: She also said that tax receipts for the next fiscal are budgeted at Rs 23.3 lakh crore…

February 1, 2023 13:39 IST

Budget 2023, Budget speech, Union Budget

Budget 2023: 10 key areas to watch in FM’s Nirmala Sitharaman’s Budget speech today

Finance Minister Nirmala Sitharaman all set to present Union Budget 2023 in Parliament at 11 AM. Here are 10 things…

February 1, 2023 10:03 IST

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India’s budget to test Modi’s fiscal resolve ahead of 2024 vote

Prime Minister Narendra Modi, who rides an enduring wave of popularity as his second term is coming to a close,…

January 30, 2023 12:31 IST

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India’s capex spending is likely to slow on lower tax haul

When Finance Minister Nirmala Sitharaman presents this year’s budget on Feb. 1, she faces the daunting task of balancing a…

January 18, 2023 12:42 IST

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Fiscal deficit at 58.9% of FY23 BE till November

Capital expenditure grew 87% on year in April-November thanks to the transfers of capex loans to states, while revenue spending…

December 31, 2022 03:30 IST

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Finance ministry bats for taming general govt fiscal deficit

Core inflation has held steady at about 6% in the consumer price index even though retail inflation dropped below the…

December 24, 2022 04:45 IST

Private capex, nirmala sitharaman, capex, capital expenditure, production-linked incentive schemes, economy,

Private capex picking up: FM Sitharaman

Says govt closely monitoring inflation; targeted Covid relief helped avert recession

December 22, 2022 03:30 IST

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Committed to fiscal consolidation: FM Sitharaman promises more steps to further ease inflation

Govt rules out stagflation fears

December 15, 2022 05:45 IST

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current account deficit, fiscal deficit, indian economy, rbi, monetary policy

Lead us not into temptation

While impressive in its pace, the economic recovery, in level terms, remains significantly below that implied by the pre-pandemic growth…

Updated: December 15, 2022 08:29 IST

Fiscal deficit, Fiscal deficit target, Fiscal deficit in october

Govt steps up spending: Fiscal deficit at 45.6% of FY23 BE till October

Deficit likely to be reined in at targeted 6.4%

December 1, 2022 05:15 IST

India’s fiscal deficit widens to Rs 7.58 lakh cr in Apr-Oct; hits 45% of FY23 target

India will seek to reduce the fiscal gap by 30 bps to 6.4% of the GDP, instead of 6.7% during…

Updated: November 30, 2022 17:34 IST

Govt seeks to narrow budget deficit as global headwinds loom

What complicates matters for Sitharaman is that her food and energy bills are inflated by the war in Ukraine and…

November 25, 2022 16:00 IST

H1 fiscal deficit at 37.3% of estimate for current fiscal

Total expenditure rose 24% on year in September 2022, led by an 18% rise in revenue expenditure and a sharp…

November 1, 2022 02:15 IST

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No breach of fiscal deficit target of 6.4% seen: Budget spending in FY23 to exceed BE by Rs 2 trillion

According to officials, the savings are mostly under centrally sponsored schemes and central sector schemes as the government has tightened…

October 31, 2022 02:00 IST

India GDP to grow at 7%, inflation seen at 6.8% in FY23; RBI to hike repo rate 25-35 bps in Dec meeting

IMF has warned of a possible $4 trillion loss in global economic output between now and 2026. Given the conditions…

October 27, 2022 12:33 IST

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Fiscal deficit at 32.6% of FY23 BE in Apr-Aug: August tax receipts down 8%, spending falls by 3%

The Centre has released two installments of tax devolution to state governments amounting to Rs 1.17 trillion in August, as…

October 1, 2022 02:45 IST

The tax revenue stood at about Rs 7 lakh crore or 36.2 per cent of this year's BE.

Fiscal deficit touches 32.6 pc of annual target till August this fiscal: Official data

In actual terms, the fiscal deficit — the difference between expenditure and revenue — was Rs 5,41,601 crore during the…

September 30, 2022 17:20 IST

The finance ministry said the government will do total borrowing of Rs 5.92 trillion during H2FY23, including from issuance of its maiden Sovereign Green Bonds of Rs 16,000 crore.

Fiscal deficit target intact despite PMGKSY extension: Finmin

On the other hand, the Centre will also make some savings on the Central Sector Schemes as it has asked…

September 30, 2022 03:15 IST

In effect, the Centre has made savings of a similar amount from the current financial year’s allocation for these schemes.

Deficit target in focus despite extra subsidy outgo: Use-or-return norm for funds to help Centre save a tidy sum

Centre retrieves Rs 40,000-cr lying unused with state treasuries for CSS funding

September 29, 2022 04:30 IST

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Fiscal risk reappraisals ahead

Instead of becoming complacent over the current showing, we should ask if macro-strengths will hold in a perilous environment.

Updated: September 20, 2022 09:45 IST

India’s April-June fiscal deficit at Rs 3.4 lakh crore, touches 20.5% of annual target

The central government’s fiscal deficit touched 20.5 per cent of the annual target at the end of July 2022-23 against…

Updated: August 31, 2022 17:12 IST

A boost for states’ capex

Total expenditure is likely to rise to Rs 41.54 trillion from Rs 30.05 trillion during the same period.

August 10, 2022 05:10 IST

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Nomura voices concern over Arun Jaitley’s ‘shallower path to fiscal consolidation’

Adoption of a fiscal deficit target range before achieving the 3 per cent goal will be considered as a “shallower…

March 25, 2016 20:14 IST

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What is wrong with Narendra Modi govt’s fiscal deficit roadmap? Check out P Chidambaram’s 5 key points

What is wrong with Narendra Modi govt’s fiscal deficit roadmap? Check out P Chidambaram’s 5 key points: Narendra Modi government’s…

March 11, 2016 20:12 IST

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Religious intolerance, Fiscal deficit, Telecom tale, Power supply, BSE Sensex, more

Domestic market ended the truncated week on a note of optimism, with the 50 bps rate cut by RBI leading…

October 3, 2015 19:41 IST

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November 28, 2014 20:20 IST

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