Tag: Fiscal Deficit
FY26 budget consultations to kick-off in October
New Delhi: The finance ministry has initiated the budget-making process for 2025-26. It will start pre-budget meetings in the second week of October, according to…
FY26 Budget-making process to start in second week of October
Pre-Budget meetings will start in the second week of October and run through the middle of November, the finance ministry said, as it announced the…
Freebies are smart politics, but they’re turning into bad economics as states struggle to fulfill poll promises
Himachal Pradesh ministers recently decided not to withdraw salaries for the next two months as Congress-led state government is struggling to fulfil its poll promises…
Despite increased Capex, Government on the path of fiscal prudence says Anand Rathi
The central government is continuously moving on the path of fiscal prudence with the fiscal deficit of the government on July 24 declining to Rs…
Centre’s fiscal deficit narrows to 17.2% of FY25 target till July
The central government’s fiscal deficit in the first four months of this financial year hit 17.2% of the annual target, against 33.9% a year before,…
India’s fiscal deficit at 17.2% of FY25 target as of July
The central government’s fiscal deficit in the first four months of FY25 touched 17.2% of the annual target, against 33.9% a year before, government data…
Goldman Sachs cuts India’s 2024 and 2025 GDP growth forecasts
Aug 24, 2024 11:18 AM IST Goldman Sachs said India’s growth next year will be hampered by slower real consumption growth and the government’s commitment…
economic forecast: Goldman Sachs cuts India’s 2024 and 2025 GDP growth forecasts
Goldman Sachs Group Inc. has lowered India’s growth forecast by 20 basis points each for this year and the next, citing a contraction in central…
Debt-to-GDP ratio: States can take it easy
New Delhi:The Centre has no immediate plan to ask the states to target steady reduction in debt-to-GDP ratio, which it proposes to transition to, a…
India economy news: Rural economy is driving India’s growth, Govt capex in infra will stimulate it: Report
The rural economy of India has emerged as a significant driver of economic growth, outpacing urban areas largely due to increased government spending in the…