Tag: Fiscal Deficit
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…
Crude sustaining above $100 will push inflation beyond 6%, trigger rate hikes: HSBC
Mumbai, Crude oil sustaining above USD 100 per barrel will push the headline inflation above 6 per cent, the upper level of RBI’s tolerance band,…
Fiscal deficit until February eases to 80.4% of FY26 target
New Delhi: The Centre’s fiscal deficit in the first 11 months of current financial year touched 80.4% of the annual target, compared with 85.8% a…
Economy on firm footing, rupee doing fine compared to Asian peers: FM Nirmala Sitharaman
New Delhi: Finance minister Nirmala Sitharaman on Monday said the rupee is “doing fine” when compared with the relative performance of other emerging market currencies…
Lok Sabha approves additional spending of Rs 2.01 lakh crore for FY 2025-26
The Lok Sabha on Friday approved the second batch of supplementary demands for grants, allowing the government to spend an additional Rs 2.01 lakh crore…