Tag: India fiscal deficit
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%…
India’s April-January fiscal deficit at Rs 9.81 lakh crore, narrows on-year to 63% of FY26 aim
India’s fiscal deficit for the first ten months of this fiscal year through January stood at Rs 9.81 lakh crore, or 63% of annual estimates,…
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…