Tag: fiscal consolidation

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Posted in Economy

Capex key to India’s growth strategy, fiscal prudence remains top priority: Sitharaman at HSBC event

The government will continue to rely on capital expenditure as a key driver of economic growth while maintaining a firm commitment to fiscal consolidation, Finance…

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Nirmala Sitharaman and IMF Deputy MD Nigel Clarke discuss India’s economic outlook and global growth

Finance Minister Nirmala Sitaraman on Monday held discussions with IMF Deputy Managing Director Nigel Clarke on bilateral engagements and the economic outlook for India and…

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States’ fiscal deficit likely to moderate to 3.4% of GSDP in FY27 as tax collections improve: ICICI Bank

New Delhi: States’ fiscal deficit is expected to moderate to 3.4 per cent of Gross State Domestic Product (GSDP) in FY27, supported by stronger tax…

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India considers spending curbs to protect fiscal deficit target

India’s government is weighing spending cuts across parts of the budget as higher oil prices inflate subsidy bills and threaten to derail its fiscal consolidation…

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Why Budget 2026 stayed away from ‘big-bang’ reforms? CEA answers

Union Budget 2026 steered clear of headline-grabbing announcements because major reforms are already underway and will continue outside the annual Budget framework, the government’s top…

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Union Budget 2026: Fitch flags slower deficit consolidation, sees growth-neutral stance

Fitch Ratings said on Monday the Union Budget 2026-27 signals a deliberate slowdown in fiscal consolidation, with the government opting to preserve capital spending to…

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Budget 2026: Buoyant revenues offer room to sustain govt capex, push fiscal consolidation, says ICICI Bank report

New Delhi: Buoyant revenue streams give the government room to keep capital expenditure spending steady, at about 3.1 per cent of GDP, while continuing on…

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Budget 2026: Government should consider simplifying, rationalising tax laws in Budget to boost FDI: Experts

New Delhi: The government should consider simplifying and rationalising tax laws and ensuring tax neutrality in cross-border reorganisations in the forthcoming Budget to boost foreign…

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Budget 2026: Fiscal consolidation in focus as India targets leaner deficit

The next budget, like earlier budgets, will be a continuation of achieving Viksit Bharat goals of growth, inclusion and sustainability, EAC-PM chairman S Mahendra Dev…

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‘India Inc needs to push up capex instead of keeping cash on books’: EAC-PM chairman S Mahendra Dev

India’s Goldilocks period of high growth and low inflation may sustain for some more time despite global uncertainties, EAC-PM chairman S Mahendra Dev told Yogima…

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