Fiscal Deficit
Fiscal Deficit News
Head-on | India rises in Geopolitical Power Index
Many foreign rankings and indices are arbitrary. They often lack robust methodology. Several are susceptible to bias. It is imperative therefore to construct a credible India-authored ranking template
Union Budget 2023: Discovering opportunities for equitable economic growth and inclusivity
The Union Budget 2023-2024 has made some laudable moves toward increasing personal finance and financial literacy and it will contribute considerably to the nation's overall development and progress
States' capex soars 36% in FY23, fiscal deficit at Rs 8.4 lakh crore, finds ICRA report
According to the agency, 26 large states, excluding Assam, are on course to spend Rs 6.8 lakh crore or 35.8 per cent more this fiscal in capital expenditure over FY22 when it stood at Rs 5 lakh crore
P Chidambaram targets Centre over state of economy
He also questioned the government for 'backsliding' on the fiscal deficit target for the current year
Union Budget 2022 by numbers: Rs 5.25 lakh cr for defence, Rs 7.50 lakh cr capital expenditure
The key takeaways from the fourth Budget of the second Narendra Modi government tabled by Finance Minister Nirmala Sitharaman in Parliament
Union Budget 2022: Important terms you may find handy ahead of Nirmala Sitharaman's speech
Ahead of Finance Minister Nirmala Sitharaman presenting the Union Budget for the year 2022-2023, we try to simplify it for you
Budget 2022: Find out how the financial statement is set to affect the market and economy
With COVID-19 pandemic still wreaking havoc across the globe, market players would want the Centre to take steps to generate demand and revive the economy
How PM Narendra Modi’s calibrated approach has helped turn around Indian economy
India’s economic revival approach has worked far better than the strategy of pushing through huge fiscal stimulus packages, printing money, and indulging in wanton pump priming
Centre releases Rs 40,000 crore to states as back-to-back loan for GST shortfall
The Centre has frontloaded the release of Rs 1.15 lakh crore till date, 72 percent of the total estimated shortfall for the fiscal year. The balance amount will be released in due course, as per a Ministry of Finance statement
India's fiscal deficit for April-August touches 31.1 percent of annual target, data shows
For the current financial year, the government expects the deficit at 6.8 per cent of GDP or Rs 15,06,812 crore.
Union budget 2021: Fiscal deficit, tax revenue, capital expenditure and other key numbers to be watched
Budget 2021 is widely expected to be an ‘economic vaccine’ after the brunt borne in the wake of the coronavirus pandemic
Union Budget 2021: Centre should focus on growth, not arresting fiscal deficit, says report
The government adopted a loose fiscal policy due to the coronavirus pandemic and announced a number of policy measures under Atmanirbhar Bharat to support the economy
Union Budget 2021: Scope for tax concession very limited, Centre may inject stimulus through capex, says expert
The expert said the fiscal deficit in the current fiscal is likely to be between 6.5-7 percent, adding that the government could relax the target but should keep a close eye on debt-GDP ratio projection
Amid COVID-19 crisis, off-budget borrowings to fund ambitious welfare schemes, poor GST support from Centre put state finances in peril
Sops like farm loan waivers, cushioning power sector losses and assorted income support schemes have started haunting state exchequers as many punched way above their financial might before the devastating strike of COVID-19.
Need to work with 'here and now' philosophy; concepts like deficit should be on hold for now: KV Kamath tells Network18
Veteran banker KV Kamath in an exclusive interview to Network18 Group Editor-in-Chief Rahul Joshi said that the government will have to play around with the deficit for it to do what it has to do.
Moody's downgrades India's rating to Baa3; outlook remains ‘negative’; says move not driven by impact of COVID-19 outbreak
The global rating agency Moody's Investors Service on Monday downgraded India's rating to BAA3 from Baa2, and its short-term local-currency rating to P-3 from P-2
Fiscal deficit widens to 4.6% of GDP in 2019-20, higher than revised estimates of 3.8%
The country's fiscal deficit widened to 4.6 percent of the Gross Domestic Product in 2019-20 mainly on account of poor revenue realisation, according to official data
Govt may need to pump $20 bn into coronavirus-hit state banks; soured assets likely to double: Report
The government has already pumped in Rs 3.5 lakh crore to shore up state-owned banks in the last five years.
Stimulus package impact: Fiscal deficit of Centre, states likely to be at 12% of GDP, says DBS Bank
The combined fiscal deficit of the Centre and states will top 12 percent of the GDP because of the recent economy-boosting measures, and higher borrowings by States to meet COVID-19 exigencies, says a report
Nirmala Sitharaman's COVID-19 package invites social criticism, but she may have more cards up her sleeves
Nirmala Sitharaman's advisers have been speaking of why fiscal prudence is important to avoid India being downgraded from investment grade by global credit rating agencies