In a world of disrupted capital flows, fiscal prudence must ignite private capital expenditure.
The real innovation of the 16th FC, however, lies in its horizontal devolution formula.
In the Budget for 2025–26, the Centre committed to calibrating annual fiscal deficits in a manner that ensures a steady…
Budget 2026 raises FY27 capex to Rs 12.2 lakh crore, pegs fiscal deficit at 4.3% and outlines infrastructure, borrowing and…
Fiscal deficits often rise when the government increases spending to support the economy, especially during slowdowns or recessions.
According to data released by the Controller General of Accounts (CGA), the fiscal deficit in April-December of FY26 stood at…
India’s fiscal deficit hit 54.5% of the FY26 target by December, with receipts at 72% of estimates and spending at…
As Finance Minister Nirmala Sitharaman prepares for the 2026–27 Union Budget, economists project a strategic shift from annual deficit targets…
Crisil expects India’s GDP growth to ease to 6.7% in FY27 from 7.4% in FY26, citing three key headwinds
Despite a 28% surge in capital expenditure and contracting net tax revenues, analysts suggest the government will meet its 4.4%…
RBI’s December Financial Stability Report says India’s financial system remains strong despite global risks, with banks and NBFCs well-capitalised.
An ICRA report reveals that the combined fiscal deficit of 19 large Indian states rose to 3.2% of GSDP in…
India’s capex slumped 28% in Oct Goldman Sachs says fiscal tightening could cool infrastructure momentum ahead of FY26.
ICRA weighs in on the tax shortfall, expenditure savings, and the likelihood of meeting the 4.4% of GDP target for…
India’s fiscal deficit hit Rs 8.25 lakh crore in April–October at 52.6% of FY26 estimates, as tax revenue dipped and…
India’s FY26 revenue growth has sharply lagged budget expectations, with weak tax collections, GST rationalisation pressures and a widening fiscal…
Bihar faces massive fiscal stress as new welfare schemes add nearly Rs 80,000 crore to spending. Liquor tax revenue could…
From Consumer Price Index (CPI), Index of Industrial Production (IIP), and the Fiscal Deficit data. Here are India’s key economic…