Tag: India fiscal deficit
India’s Q1 FY27 fiscal deficit widens to Rs 3.1 lakh crore from Rs 2.8 lakh crore a year ago; at 18.2% of full-year target
India’s fiscal deficit widened to Rs 3.1 lakh crore during the first quarter of FY27, accounting for 18.2% of the full-year budget estimate, according to…
LPG subsidy bill may top Rs 1 lakh crore in FY27, create Rs 70,000 cr gap over Budget allocation
New Delhi: The government’s LPG subsidy bill could cross Rs 1 lakh crore in FY27, creating a gap of around Rs 70,000 crore over the…
Fall in global crude prices brightens fiscal outlook, El Nino risks linger
New Delhi: A sharp decline in global crude oil prices following the easing of tensions in West Asia has improved India’s fiscal outlook, with economists…
India considers spending curbs to protect fiscal deficit target
India’s government is weighing spending cuts across parts of the budget as higher oil prices inflate subsidy bills and threaten to derail its fiscal consolidation…
RBI declares record Rs 2.87 lakh crore dividend to cushion war shock
The Reserve Bank of India (RBI) on Friday declared a record surplus transfer of Rs 2.87 lakh crore to the government for FY27, which is…
India seen to line up three buffers for its economy amid the Iran storm: Fitch unit
The ongoing Iran conflict has stirred fresh volatility in global oil prices, shipping lanes and trade flows, complicating the operating environment for Indian businesses. Exporters…
India’s April–February fiscal deficit at Rs 12.53 lakh crore, narrows on-year to 80.4% of FY26 aim
India’s fiscal deficit for the first eleven months of this fiscal year through February stood at Rs 12.5 lakh crore (about $132 billion), or 80.4%…
India’s FY27 fiscal deficit target faces oil price risks amid Iran war: ICRA
Elevated global energy prices linked to geopolitical developments in West Asia could put pressure on India’s fiscal position in FY27, although available buffers are likely…
Despite downward revision in nominal GDP, India’s fiscal dynamics remain comfortable: UBI Report
New Delhi: Despite a downward revision in nominal GDP following a change in the base year, India’s overall fiscal dynamics remain very comfortable, with the…
India’s current account deficit widens in third quarter
India’s current account deficit widened to $13.2 billion or 1.3% of the country’s gross domestic product in the third quarter from $11.3 billion or 1.1%…