Tag: Fiscal Deficit
Budget 2025: CII urges govt to stick to fiscal deficit target
New Delhi: Industry body CII has suggested the government to stick to the fiscal deficit target of 4.9 per cent of GDP for 2024-25 and…
Budget 2025: FM Nirmala Sitharaman to start pre-Budget consultation with various stakeholders from December 6
Finance Minister Nirmala Sitharaman will commence customary pre-Budget consultations with various stakeholders beginning Friday. As part of the process, she will meet eminent economists on…
India needs to grow at over 7% along with robust fiscal framework to meet Viksit Bharat target: EY India
A recent report by EY India says enhanced government spending is vital for India’s Viksit Bharat vision. EY India’s economy watch suggest the government to…
States’ budgeted revenue mop-up for FY25 to top pre-Covid level: PRS Report
New Delhi: Revenue collections of states, as a percentage of their gross domestic product, are budgeted to surpass pre-Covid levels this fiscal year due to…
Fiscal deficit hits 46.5% of FY25BE
New Delhi: The central government’s fiscal deficit in the first seven months of 2024-25 touched 46.5% of the annual target, compared with 45% a year…
Growth deceleration at 5.4% in second qtr is ‘disappointing’: CEA
New Delhi: The slowdown in India’s growth to a seven-quarter low of 5.4% during July-September is “disappointing”, but the economy will grow 6.5% or more…
India’s April-October fiscal deficit at Rs 7.51 lakh crore, widens on-year to 46.5% of FY25 aim
India’s fiscal deficit for the first seven months of this fiscal year through October stood at 7.51 lakh crore rupees, or 46.5% of annual estimates,…
States’ budgeted revenue mop-up in 2024-25 to beat pre-Covid level: PRS report
Revenue collections of states, as percentage of their gross domestic product, are budgeted to beat the pre-Covid level in 2024-25 on the back of projected…
Fiscal deficit likely to be at 4.75 pc of GDP in FY25; govt capex to be lower by Rs 62k cr: IndRa
Mumbai: The government will be able to register the fiscal deficit at 4.75 per cent in FY25, 0.19 per cent lower than the budget aim,…
India’s fiscal deficit to fall 19 bps below target: Ind-Ra
India’s fiscal deficit is expected to be 19 basis points lower at 4.75% of the gross domestic product (GDP) than budgeted in 2024-25, due to…