Tag: Fiscal Deficit
world bank: World Bank revises India’s growth forecast downward to 6.3% in FY24
Slower consumption growth and challenging external conditions will lead to India’s growth slowing down to 6.3% in 2023-24, according to the World Bank, but the…
Fiscal deficit till February hits 83 per cent of FY23 target at Rs 14.5 lakh crore
The Centre’s fiscal deficit hit 82.8% of the revised estimate (RE) until February this fiscal year, just a notch higher than the 82.7% a year…
Fiscal deficit stands at 82.8% of full-year target in February: Govt data
The central government’s fiscal deficit touched 82.8 per cent of the full-year target at the end of February, according to data released by the Controller…
Indian states likely to fall short of spending targets, posing growth risk – Economists
Twelve large Indian states, which have released their local budgets over the past few weeks and forecast aggressive spending growth in 2023-24, are likely to…
India’s Finance Ministry to make a case for higher sovereign rating
The finance ministry will make a pitch to global rating agencies in the coming days for an upgrade in India‘s sovereign rating, citing a sharp…
India sovereign ratings: India bats for sovereign rating upgrade in review with global agencies
India is seeking an upgrade to its sovereign credit rating, currently at the lowest-possible investment grade, as the Asian nation believes its economic metrics have…
Divestment: Divestment shortfall: Centre has math ready
The Centre is banking on higher dividend income from state-run companies, savings accruing through the new fund release system for autonomous bodies and central schemes,…
India fiscal defict: FY23 fiscal deficit: FinMin monitoring daily receipts, expenses in March
The finance ministry has started daily monitoring of the revenue receipts, including tax collections, as well as expenditure beginning March 1, with an aim to…
Fiscal deficit for April-January at 68% of revised estimates, Centre on course to meet target
The Centre’s fiscal deficit touched 67.8% of the revised estimate (RE) in the first ten months of this fiscal, compared with 58.9% a year before,…
India fiscal deficit: India’s April-January fiscal deficit widens on-year to Rs 11.91 lakh crore, 67.8% of revised FY23 aim
India’s fiscal deficit for the first 10 months of this fiscal year through January stood at 11.91 lakh crore rupees, or 67.8% of revised annual…