“We believe slowing inflation despite food price hiccups, a smaller fiscal deficit and an imminent turn in the US Federal…
Nirmala Sitharaman presented her sixth consecutive union budget which was an interim budget on February 01, 2024. This was a…
At the forefront of budget 2024 is the projection of a fiscal deficit at 5.9% of GDP in FY24 down…
The budget, presented by Finance Minister Nirmala Sitharaman on Thursday, ensures the continuation of fiscal discipline and extension of time-tested…
“The Interim Budget for FY25 aligns with trends, underscoring inclusive and sustainable growth as focal points for the future. The…
The finance minister revised the fiscal deficit for FY24, setting it at 5.8 per cent of the GDP.
The Indian economy has demonstrated resilience to global headwinds and geo-political uncertainties. Amongst all the optimism, the Government will have…
Net tax revenues for the April-December period were 17.30 trillion rupees, or about 74.2% of the annual estimate, compared with…
Economists said that despite budget 2024 being a vote on account, the government will continue with thrust on fiscal consolidation,…
Finance Minister Nirmala Sitharaman, who will deliver her sixth budget speech on Feb. 1, has scope to keep infrastructure spending…
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…