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NEWS
Budget 2024: A deeper cut to the fiscal deficit throws up positive surprise
Fri, Feb 02, 2024     Source : Economic Times
Expectations over the interim budget 2024 were generally muted as it was not a full budget, and would undergo a revision in July.
NEWS
At Rs 9.82 trillion, April-Dec fiscal deficit 55% of govt's annual target
Thu, Feb 01, 2024     Source : Business Standard
The fiscal deficit was marginally lower at Rs 9.9 trillion, recorded during the corresponding period last year
NEWS
Centre says likely to achieve fiscal deficit target of 5.9% of GDP in FY24
Tue, Dec 19, 2023     Source : Business Standard
India's fiscal deficit in the first seven months of the financial year ending on March 31, 2024 was 8.04 trillion Indian rupees ($96.86 billion), or 45% of the estimate for the whole year
NEWS
Govt confident of adhering to 5.9% fiscal deficit target: Finance Secretary
Fri, Dec 01, 2023     Source : Economic Times
The government is confident of adhering to the 5.9 per cent fiscal deficit target budgeted for the current fiscal and the extension of free ration scheme will not impact the fiscal consolidation path, Fina...
NEWS
Core sectors grow 8.1%; fiscal deficit at 39% of target :
Wed, Nov 01, 2023     Source : Mint
Output of eight core infrastructure sectors, which accounts for two-fifths of India’s industrial output, expanded at a healthy 8.1% in September, official data released on Tuesday showed.
NEWS
Public capex will decline as govt reduces fiscal deficit, private investment must step up: Goldman Sachs
Tue, Oct 10, 2023     Source : Economic Times
Private investment needs to pick up as the level of capex cannot be sustained by the government, said Goldman Sachs in a report released Monday.
NEWS
At 4.51 lakh crore in June quarter, India's fiscal deficit comes in at 25% of FY24 target
Tue, Aug 01, 2023     Source : Mint
The government's fiscal deficit increased to ?4.51 lakh crore in the April-June quarter of fiscal 2023-24, which comes in at 25.3 per cent of the annual target of ?17.87 lakh crore, according to data relea...
NEWS
India could see some risks to FY26 fiscal deficit target of 4.5% of GDP: Moody's analyst
Thu, Feb 02, 2023     Source : Economic Times
The Indian federal government's aim to achieve a fiscal deficit target of 4.5% of gross domestic product (GDP) by 2025/26 could see some risks, an analyst at Moody's Investors Service said on Wednesday.
NEWS
Budget 2023: Nirmala Sitharaman may trim FY24 fiscal deficit to 6% or lower, say analysts
Wed, Jan 18, 2023     Source : Mint
Analysts are expecting Union Finance Minister Nirmala Sitharaman to keep on the path of fiscal consolidation and opt for narrowing the FY24 fiscal deficit to as low as 5.8% in the upcoming Indian budget fo...
NEWS
States' finances are improving; gross fiscal deficit set to fall in 2022-23, says RBI
Tue, Jan 17, 2023     Source : Economic Times
According to the Reserve Bank of India, the fiscal health of the subcontinent's states is on the mend, with the consolidated gross fiscal deficit to gross domestic product ratio seen falling to 3.4% from 4...
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