
ICRA expects the fiscal deficit target for FY2025 to be set at 5.3 per cent of GDP, midway through the…
The first advance estimates pegs India’s real GDP growth at 7.3% in FY24. However, the second half growth projections do…
Generally, fiscal deficit takes place either due to revenue deficit or a major hike in capital expenditure and capital expenditure…
Some analysts have expressed concern that India’s nominal GDP growth might slump to around 9% as against 10.5% factored in…
Even if the nominal GDP rate turns out to be slightly lower than the projected 10.7%, the fiscal deficit could…
Close on the heels of the year-on-year (YoY) rise in the Government of India’s (GoI’s) fiscal deficit in Q1 FY2024,…
The deficit stood at 21.2 per cent of the Budget Estimates (BE) in the corresponding period of the financial year…
Unveiling the revenue-expenditure data of the Union government for 2022-23, the Controller General of Accounts (CGA) said that the fiscal…
For the full year 2022-23, the government expects the deficit at Rs 17.55 lakh crore or 6.4 per cent of…
Out of the gross market borrowing of Rs 15.43 lakh crore estimated for FY 2023-24, 57.5 per cent, or a…
The revised capex target of Rs 7.3 trillion would, however, be met in FY23, he said.
The budget delivered on most counts. There was no slippage on the fiscal deficit for the current year. The revenue…
India’s economy is estimated to have grown at 4.4% on-year in the fiscal third quarter, slowing down from the previous…
The fiscal deficit of states has touched a four-year low.
Union Budget 2023: She also said that tax receipts for the next fiscal are budgeted at Rs 23.3 lakh crore…
Finance Minister Nirmala Sitharaman all set to present Union Budget 2023 in Parliament at 11 AM. Here are 10 things…
Prime Minister Narendra Modi, who rides an enduring wave of popularity as his second term is coming to a close,…
When Finance Minister Nirmala Sitharaman presents this year’s budget on Feb. 1, she faces the daunting task of balancing a…