Tag: Fiscal Deficit
India economy news: India is a bright spot. Why can’t foreign rating agencies see that?
If you hear the buzz, the Indian economy is the bright spot in a gloomy world. But if you look at its ratings, it’s just…
India’s FY23 fiscal deficit at 6.4% of GDP, meets budgeted target – The Economic Times Video
India’s fiscal deficit of 6.4% for the last financial year ended Mar. 31 narrowed from a year earlier and also met New Delhi’s target, aided…
India’s FY23 fiscal deficit at $209.46 million, meets 6.4% target
India’s fiscal deficit for the financial year ended March 31 touched 17.3 trillion rupees ($209.46 billion), nearly 99% of the revised annual estimate, government data…
India fiscal deficit: India’s FY23 fiscal deficit narrows to 6.4%, meets budgeted target
India’s fiscal deficit of 6.4% for the last financial year ended Mar. 31 narrowed from a year earlier and also met New Delhi’s target, aided…
RBI to transfer Rs 87,416 cr surplus to govt for FY23, up from ₹30,307 cr a year earlier
Mumbai: The Reserve Bank of India nearly tripled its annual surplus transfer to the government, helping the state reap a windfall that will ease worries…
RBI dividends to Modi’s government may double, aiding fiscal gap
The Reserve Bank of India board may decide to nearly double its dividend to the government from official estimates due to revaluation gains and profits…
Centre confident of meeting FY23 fiscal gap target of 6.4%
New Delhi: The Centre is expected to achieve the FY23 fiscal deficit target of 6.4% of gross domestic product (GDP) despite a downward revision in…
States set to trim FY24 spend on roads, bridges
States are set to spend less on road and bridge construction in this financial year, even as the Centre pushes ahead with spending on infrastructure…
Government to set up 16th Finance Comm in 2023 to suggest Centre-state tax devolution beginning FY27
The government is likely to set up the 16th finance commission this year to suggest, among other things, the ratio in which tax is to…
Punjab to miss fiscal targets by a wide margin due to freebies: India Ratings
The AAP government’s freebies push in Punjab will have the state, which already is one of the most fiscally stressed states, missing the fiscal targets…