Tag: India fiscal deficit

The Reserve Bank of India. (Bloomberg)
Posted in Business

Fiscal deficit on track as tax base broadens, spending rationalised| Business News

The central government is well on track to achieve its fiscal deficit target of 4.4% in the current fiscal year, Economic Survey 2025-26 said on…

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Nirmala Sitharaman with her finance ministry colleagues ahead of Union Budget 2025 on 1 February 2025. (ANI)
Posted in Business

Govt seen lifting spending, reforms to offset US tariff impact| Business News

The Narendra Modi government is likely to announce measures to improve the ease of doing business and boost infrastructure spending, while sticking to fiscal consolidation…

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Posted in Economy

Budget 2026–27: Government seen easing fiscal grip amid global headwinds

New Delhi: The government will likely refrain from aggressive fiscal consolidation in the coming budget, instead retaining the necessary firepower to cushion the economy amid…

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Posted in Economy

India Budget 2026: Resilience balance – revenue miss, deficit unchanged

While India prepares to present the Union Budget on February 1, its fiscal health has strengthened post-pandemic, with the central government’s deficit halving in this…

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Posted in Economy

View: Why India has a private investment problem

India’s economy should be the envy of the world. Official statisticians have just announced that it will grow at a blistering 7.4% in the financial…

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Union Finance Minister Nirmala Sitharaman will present her record ninth consecutive union budget on 1 February 2026. (@FinMinIndia)
Posted in Business

Union Budget 2026 likely to peg India’s fiscal deficit target at 4.3%, ICRA says| Business News

The government is likely to peg India’s fiscal deficit target at 4.3% of the GDP for 2026-27 amid a double-digit growth in capital expenditure, ICRA…

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Posted in Economy

India’s April-October fiscal deficit at Rs 8.25 lakh crore, widens on-year to 52.6% of FY26 aim

India’s fiscal deficit for April to October, or the first seven months of this fiscal year, was at Rs 8.25 lakh crore, equivalent to 52.6%…

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Posted in Economy

Meeting FY26 fiscal targets may be challenging amid weak tax growth: Report

Achieving the full-year Financial Year 2026 (FY26) fiscal targets appears challenging amid subdued growth in corporate and income tax revenues, according to a report by…

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Posted in Economy

India’s fiscal deficit for April–August at ₹5.98 lakh crore, widens to 38% of FY26 target

India’s fiscal deficit for the April–August period stood at ₹5.98 lakh crore ($67.34 billion), representing 38.1% of the government’s full-year target for FY26, official data…

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GST reforms vs US tariffs: What it means for India's GDP, inflation, fiscal deficit
Posted in Business

GST reforms vs US tariffs: What it means for India’s GDP, inflation, fiscal deficit

India’s biggest tax overhaul since 2017 is colliding with the steepest US tariffs on any nation. That’s set to shape the country’s GDP growth, its…

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