Fiscal Deficit-target

Showing of 1 - 20 from 35 results
Fiscal Deficit-target - Total results - 35
Budget 2020-21: Revenue projections unrealistic, quality of spending worrying in Nirmala Sitharaman's fiscal roadmap
Business

Budget 2020-21: Revenue projections unrealistic, quality of spending worrying in Nirmala Sitharaman's fiscal roadmap

In 2018-19, gross tax revenue was estimated at Rs 22.7 lakh crore; the actual collections were Rs 20.8 lakh crore – 9 percent less.

RBI to hold rates until late this year on rising inflation concerns; fiscal boost likely: Report
Business

RBI to hold rates until late this year on rising inflation concerns; fiscal boost likely: Report

While the RBI was the most aggressively dovish major central bank in Asia, slashing rates by a cumulative 135 basis points last year, it paused unexpectedly in December on inflation concerns

Budget 2020: Expect Bharatmala, highways programme allocation to rise to Rs 1.01 lakh cr, says ICRA
Business

Budget 2020: Expect Bharatmala, highways programme allocation to rise to Rs 1.01 lakh cr, says ICRA

The road network itself is undergoing significant changes with some of the economic corridors under Bharatmala competing with few existing stretches,

Budget 2020: If government is serious about growth revival, it shouldn’t be too focused on fiscal deficit target
Business

Budget 2020: If government is serious about growth revival, it shouldn’t be too focused on fiscal deficit target

The economic growth is dragged by a poor show in the manufacturing sector, lower revenue collections hampering the ability of the government to ramp up spending and the absence of consumer demand in Asia’s third-largest economy.

PMEAC Chairman Bibek Debroy’s warning on economic slowdown shows govt’s top advisors aren’t living in denial any longer
Business

PMEAC Chairman Bibek Debroy’s warning on economic slowdown shows govt’s top advisors aren’t living in denial any longer

The PMEAC chairman’s warnings and prescriptions should be an eye-opener to the government in the present economic scenario

Govt may seek Rs 30,000 cr interim dividend from RBI to meet fiscal deficit target for 2019-20; last fiscal central bank paid Rs 28,000 cr
Business

Govt may seek Rs 30,000 cr interim dividend from RBI to meet fiscal deficit target for 2019-20; last fiscal central bank paid Rs 28,000 cr

Apart from the RBI dividend, there are other means of bridging any shortfall, including mop-up from disinvestment and higher utilisation of National Small Saving Fund.

No plans to revise fiscal deficit target at the moment, decision to be taken before next Budget, says Nirmala Sitharaman
Business

No plans to revise fiscal deficit target at the moment, decision to be taken before next Budget, says Nirmala Sitharaman

In the biggest reduction in 28 years, the government on Friday slashed corporate tax by almost 10 percentage points

Corporate tax cut makes India an investment destination; to attract foreign firms to set up units: Nirmala Sitharaman
Business

Corporate tax cut makes India an investment destination; to attract foreign firms to set up units: Nirmala Sitharaman

Quoting experts, Nirmala Sitharaman said India is now much better than China in terms of rate, transparency, and tax administration

RBI to transfer Rs 1.76 lakh cr surplus to Centre, accepts Bimal Jalan panel recommendations
Business

RBI to transfer Rs 1.76 lakh cr surplus to Centre, accepts Bimal Jalan panel recommendations

The Bimal Jalan committee, constituted to assess the adequate size of capital reserves that the RBI should hold, submitted its report today

Nirmala Sitharaman's booster shot for economy, sops for auto sector; all this and more from Moneycontrol Pro
Business

Nirmala Sitharaman's booster shot for economy, sops for auto sector; all this and more from Moneycontrol Pro

India’s fastest-growing financial subscriptions service, Moneycontrol Pro, is available both on the website and mobile apps

Bimal Jalan panel to submit report to RBI soon; suggests transfer of cental bank’s surplus capital in tranches over 3-5 years
Business

Bimal Jalan panel to submit report to RBI soon; suggests transfer of cental bank’s surplus capital in tranches over 3-5 years

The six-member panel, under former RBI governor Jalan was appointed on 26 December 2018, to review the economic capital framework for the RBI.

RBI capital transfer: Bimal Jalan panel likely to get extension to finalise report; govt to replace its representative after SC Garg's transfer
Business

RBI capital transfer: Bimal Jalan panel likely to get extension to finalise report; govt to replace its representative after SC Garg's transfer

The government and the RBI, during the tenure of the previous governor Urjit Patel, had been at loggerheads over the surplus capital with the central bank.

RSS economic wing says India should not issue foreign currency bonds, terms plan 'anti-patriotic'
Business

RSS economic wing says India should not issue foreign currency bonds, terms plan 'anti-patriotic'

The 10-year government bond, the most liquid paper in the domestic debt market, closed at 6.33 percent on Tuesday

Govt duty-bound to achieve fiscal deficit of 3% as per law, says Finance Minister Nirmala Sitharaman
Business

Govt duty-bound to achieve fiscal deficit of 3% as per law, says Finance Minister Nirmala Sitharaman

In the Budget presented on Friday, the government lowered the fiscal deficit target to 3.3% of the GDP for 2019-20

Economic Survey 2019: CEA’s sage advice to Narendra Modi govt to spend wisely is critical to overcome slowdown phase
Business

Economic Survey 2019: CEA’s sage advice to Narendra Modi govt to spend wisely is critical to overcome slowdown phase

The Economic Survey suggests the government should ensure the implementation of populist schemes does not adversely impact the path to fiscal consolidation

Lok Sabha Election 2019: Why investors want Narendra Modi back for another term rather than a fractured Congress-led coalition
Business

Lok Sabha Election 2019: Why investors want Narendra Modi back for another term rather than a fractured Congress-led coalition

The Indian economy's biggest disadvantage is its weak political Opposition that can’t offer a better roadmap for the economy than what the Narendra Modi-government has done so far

Govt close to meeting fiscal deficit target of 3.4%; some numbers are still to come, says SC Garg
Business

Govt close to meeting fiscal deficit target of 3.4%; some numbers are still to come, says SC Garg

The government in the interim Budget in February revised upward the fiscal deficit target to 3.4 percent from 3.3 percent of GDP

Govt close to meeting fiscal deficit target of 3.4% for 2018-19: Finance Secretary Subhash Chandra Garg
Business

Govt close to meeting fiscal deficit target of 3.4% for 2018-19: Finance Secretary Subhash Chandra Garg

The government in the interim Budget in February revised upward the fiscal deficit target to 3.4 percent from 3.3 percent of GDP estimated earlier

GST collections for March at a record Rs 1.06 lakh crore, fails to meet govt target for fiscal year
Business

GST collections for March at a record Rs 1.06 lakh crore, fails to meet govt target for fiscal year

GST collections in March indicate that the revenue growth has been picking up despite various rate rationalisation measures

Why Rahul Gandhi’s Rs 72,000 per annum minimum income promise is a blunder in the making
Business

Why Rahul Gandhi’s Rs 72,000 per annum minimum income promise is a blunder in the making

Minimum income guarantee promise will most likely shift attention from the more serious unemployment problem.