Tag: government expenditure
Posted in Economy
Fiscal deficit at 36.5% of FY26 target on higher capital spending
The Centre’s fiscal deficit in the first half of 2025-26 hit 36.5% of the annual target, compared with 29.4% a year before, thanks to higher…
Posted in Economy
Austerity drive govt orders halt on festival gifts
New Delhi: The government has asked all key ministries, central public sector enterprises (CPSEs), banks, and financial institutions to halt spending on Diwali and other…
Posted in Economy
Fitch raises GDP forecast to 6.9%, says reforms to boost consumption
New Delhi: The GST reform will stimulate consumption and reduce risks to the economic growth outlook as higher US tariffs threaten export demand, Fitch Ratings…