Tag: Fiscal Deficit

CAD to be higher in FY'25 on higher domestic demand and global prices
Posted in Economy

CAD to be higher in FY’25 on higher domestic demand and global prices

India’s strong economic growth at a time when the global economy is not doing too well could have an impact on its current account deficit….

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Indian economy: India stands out on growth and external fronts amongst South Asian economies: S&P Ratings
Posted in Economy

Indian economy: India stands out on growth and external fronts amongst South Asian economies: S&P Ratings

S&P Global Ratings on Tuesday said India stands out both on growth and external fronts amongst the South Asian countries, and the trajectory of government’s…

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Monetary Policy: RBI likely to keep interest rate unchanged at 6.5%, say experts
Posted in Economy

Monetary Policy: RBI likely to keep interest rate unchanged at 6.5%, say experts

Reserve Bank of India (RBI) is likely to keep the key interest unchanged at 6.5 per cent on Thursday, and wait for more macroeconomic data…

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Finance Minister Nirmala Sitharaman to address RBI board on August 10
Posted in Economy

Finance Minister Nirmala Sitharaman to address RBI board on August 10

Finance Minister Nirmala Sitharaman is scheduled to address the Reserve Bank of India‘s central board on August 10 and highlight key points of the Budget…

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Fiscal gap at 8.1% of FY25 target
Posted in Economy

Fiscal gap at 8.1% of FY25 target

New Delhi: The Centre reported a comfortable fiscal position at the end of the first quarter, helped by the large dividend from the Reserve Bank…

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A cashier displays the new 2000 Indian rupee banknotes inside a bank in Jammu. (Reuters)
Posted in Business

India’s fiscal deficit at ₹1.36 lakh crore or 8.1% of annual estimate for Q1 2024-25

Jul 31, 2024 05:12 PM IST Fiscal deficit narrowed to 8.1% of annual estimate, compared to 25.3% during the previous year’s first quarter India’s fiscal…

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India's April-June fiscal deficit at Rs 1.36 lakh crore, sharply narrows on-year to 8.1% of FY25 aim
Posted in Economy

India’s April-June fiscal deficit at Rs 1.36 lakh crore, sharply narrows on-year to 8.1% of FY25 aim

India’s fiscal deficit for the first quarter of this fiscal year through June stood at 1.36 lakh crore rupees, or 8.1% of annual estimates, government…

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No state has been denied money in FY25 Budget: Sitharaman
Posted in Economy

No state has been denied money in FY25 Budget: Sitharaman

Finance Minister Nirmala Sitharaman on Tuesday termed misleading claims by opposition leaders that if any state is not named in the Budget speech, then it…

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Posted in Economy

‘Govt debt may ease to 5-year low of 56.8% of GDP in current fiscal’

New Delhi: The central government’s total debt is estimated to ease to a five-year low of 56.8% of the country’s gross domestic product (GDP) in…

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Indian economy likely to record over 7 pc growth: NCAER
Posted in Economy

Indian economy likely to record over 7 pc growth: NCAER

New Delhi: The Indian economy could grow higher than 7 per cent and possibly closer to 7.5 per cent in the current fiscal on the…

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