Tag: Fiscal Deficit
India growth may slow to 5.5-6% in H2FY27 as capex moderates: Report
New Delhi: India’s economic growth could slow to 5.5-6 per cent in the second half of 2026-27 as government capital spending moderates after being front-loaded…
Fiscal path hinges on direct taxes as customs, excise revenues face pressure: Report
New Delhi: India’s fiscal trajectory will depend increasingly on the strength of direct tax collections as lower customs duties and weaker excise revenues could constrain…
HSBC expects RBI to raise repo rate by 50 bps in FY27 amid strong growth, inflation pressures
New Delhi: India’s GDP growth in the second quarter of FY2026-27 came in significantly above the Reserve Bank of India‘s (RBI) 7 per cent forecast,…
Apr-July fiscal gap touches 26.8% of full-year target
New Delhi: The Centre’s fiscal deficit in April-July of FY27 was ₹4.55 lakh crore or 26.8% of the Budget Estimate for the full financial year,…
Unfazed by West Asia crisis, fiscal deficit within range at 18.2% in Q1
New Delhi: The Centre’s fiscal deficit in the first quarter of FY27 stood at 18.2% of the full-year target, marginally higher than 17.9% a year…
India’s Q1 FY27 fiscal deficit widens to Rs 3.1 lakh crore from Rs 2.8 lakh crore a year ago; at 18.2% of full-year target
India’s fiscal deficit widened to Rs 3.1 lakh crore during the first quarter of FY27, accounting for 18.2% of the full-year budget estimate, according to…
India growth resilient amid global uncertainty, but crude risks linger
New Delhi: The finance ministry on Wednesday said global uncertainties have resurfaced in the wake of the latest escalation of the West Asia conflict, clouding…
RBI rate hike: Interest burden for Indians may go up later this year amid inflation risks
New Delhi: The Reserve Bank of India (RBI) is likely to keep policy rates unchanged in the near term, but BofA Securities expects a cumulative…
Fiscal stress deepens across states as all 28 post deficits in FY25: CAG report
New Delhi [India], June 16 (ANI): India’s states continued to face mounting fiscal pressures in 2024-25, with all 28 states reporting fiscal deficits and their…
India willing to let fiscal deficit widen to 4.8% of GDP: Report
India is preparing for a wider-than-expected budget deficit this year, Bloomberg News reported on Friday, citing an official familiar with the matter, as the war…