Tag: Fiscal Deficit
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…
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…