India Fiscal Deficit
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Country On Track To Achieve 4.5% Fiscal Deficit, Says Finance Minister
Union Finance Minister Nirmala Sitharaman has said the government is on track to achieve the target of 4.5 per cent fiscal deficit by 2025-26.
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"Debt Must Be Reduced Without Affecting Growth": Nirmala Sitharaman On Fiscal Deficit
For a growing economy to meet its needs and aspirations, borrowing is a must, but the focus of the finance ministry under her is to ensure that debt is reduced without affecting growth, Nirmala Sitharaman has told NDTV.
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Focus On Vande Bharat, Not On Trains For Poor? What Railway Minister Said
India struck a balance between greater spending on jobs and rural development as well as transferring more funds to states, while narrowing the fiscal deficit, the 2024-25 budget unveiled on Tuesday showed. It though was silent on the Railways.
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Fiscal Deficit Estimated At 4.9% Of GDP: Nirmala Sitharaman In Budget Speech
Presenting the Union Budget for 2024-25, Finance Minister Nirmala Sitharaman on Tuesday announced that the fiscal deficit for the year is estimated at 4.9 per cent of GDP.
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India's Current Account Turns Surplus After Deficit In Last Quarter: Report
India has recorded an improvement in its current account, achieving a surplus of $5.7 billion, which equates to 0.6 per cent of its gross domestic product (GDP) in the fourth quarter of fiscal year 2024, according to a recent report by CRISIL.
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"It's Possible Due To...": Nirmala Sitharaman On S&P's "Positive" Rating
After 10 years, S&P Global Ratings upped India's outlook to positive from stable on robust growth prospects for the next 3 years and raised hopes for an upgrade in two years provided the government continues reforms to keep fiscal deficit in check.
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Exclusive: PM Modi Reveals "Surprise" Element In Election-Year Interim Budget
Prime Minister Narendra Modi in an exclusive interview to NDTV explained his model of social welfare schemes, which, while keeping a check on fiscal deficit, can also empower the poor to climb out of poverty.
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Rural Welfare And Infra Push: What To Expect From Pre-Election Budget
Prime Minister Narendra Modi will likely use India's last budget before the elections to woo voters with new spending measures, while avoiding a fiscal deficit increase.
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Budget 2024: What To Expect From This Year's Budget
Ahead of the Union Budget 2024, experts and analysts have come up with different predictions on the government's move on fiscal deficit, taxation and the spending on welfare schemes. As several global financial services firms have predicted
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Centre's Fiscal Deficit Touches 39% Of Full-Year Target In FY24's 1st Half
The central government's fiscal deficit touched 39.3 per cent of the full-year target in the first half of the current financial year, slightly higher than 37.3 per cent recorded in the year-ago period.
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Chief Economic Adviser's Prediction On India's GDP Growth, Fiscal Deficit
Chief Economic Advisor V Anantha Nageswaran on Thursday said the economy is expected to grow at 6.5 per cent in the current fiscal notwithstanding deficient rains in August.
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KCR's Big Spend On Poll Promises Burns Hole In Telangana's Fiscal Health
Telangana Chief Minister K Chandrasekhar Rao, it would appear, is in a more than generous mood.
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Centre's Fiscal Deficit Narrows To 6.4% Of GDP In FY23
The Centre's fiscal deficit narrowed to 6.4 per cent of the GDP in 2022-23 from 6.71 per cent in FY22, as anticipated by Finance Minister Nirmala Sitharaman in her Budget in February this year.
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Fiscal Deficit Touches 67.8% Of Full-Year Target At January End: Data
The central government's fiscal deficit touched 67.8 per cent of the full-year target at the end of January due to higher expenses and lower revenue realisations, according to official data released on Tuesday.
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Fiscal Deficit To Be Under 4.5% By 2025-26, Says Finance Minister
Budget 2023: The finance minister retained the fiscal deficit target of 6.4 per cent in the revised estimate for FY2022-23 and reduced it to 5.9 per cent for the next fiscal.
-
Country On Track To Achieve 4.5% Fiscal Deficit, Says Finance Minister
Union Finance Minister Nirmala Sitharaman has said the government is on track to achieve the target of 4.5 per cent fiscal deficit by 2025-26.
-
"Debt Must Be Reduced Without Affecting Growth": Nirmala Sitharaman On Fiscal Deficit
For a growing economy to meet its needs and aspirations, borrowing is a must, but the focus of the finance ministry under her is to ensure that debt is reduced without affecting growth, Nirmala Sitharaman has told NDTV.
-
Focus On Vande Bharat, Not On Trains For Poor? What Railway Minister Said
India struck a balance between greater spending on jobs and rural development as well as transferring more funds to states, while narrowing the fiscal deficit, the 2024-25 budget unveiled on Tuesday showed. It though was silent on the Railways.
-
Fiscal Deficit Estimated At 4.9% Of GDP: Nirmala Sitharaman In Budget Speech
Presenting the Union Budget for 2024-25, Finance Minister Nirmala Sitharaman on Tuesday announced that the fiscal deficit for the year is estimated at 4.9 per cent of GDP.
-
India's Current Account Turns Surplus After Deficit In Last Quarter: Report
India has recorded an improvement in its current account, achieving a surplus of $5.7 billion, which equates to 0.6 per cent of its gross domestic product (GDP) in the fourth quarter of fiscal year 2024, according to a recent report by CRISIL.
-
"It's Possible Due To...": Nirmala Sitharaman On S&P's "Positive" Rating
After 10 years, S&P Global Ratings upped India's outlook to positive from stable on robust growth prospects for the next 3 years and raised hopes for an upgrade in two years provided the government continues reforms to keep fiscal deficit in check.
-
Exclusive: PM Modi Reveals "Surprise" Element In Election-Year Interim Budget
Prime Minister Narendra Modi in an exclusive interview to NDTV explained his model of social welfare schemes, which, while keeping a check on fiscal deficit, can also empower the poor to climb out of poverty.
-
Rural Welfare And Infra Push: What To Expect From Pre-Election Budget
Prime Minister Narendra Modi will likely use India's last budget before the elections to woo voters with new spending measures, while avoiding a fiscal deficit increase.
-
Budget 2024: What To Expect From This Year's Budget
Ahead of the Union Budget 2024, experts and analysts have come up with different predictions on the government's move on fiscal deficit, taxation and the spending on welfare schemes. As several global financial services firms have predicted
-
Centre's Fiscal Deficit Touches 39% Of Full-Year Target In FY24's 1st Half
The central government's fiscal deficit touched 39.3 per cent of the full-year target in the first half of the current financial year, slightly higher than 37.3 per cent recorded in the year-ago period.
-
Chief Economic Adviser's Prediction On India's GDP Growth, Fiscal Deficit
Chief Economic Advisor V Anantha Nageswaran on Thursday said the economy is expected to grow at 6.5 per cent in the current fiscal notwithstanding deficient rains in August.
-
KCR's Big Spend On Poll Promises Burns Hole In Telangana's Fiscal Health
Telangana Chief Minister K Chandrasekhar Rao, it would appear, is in a more than generous mood.
-
Centre's Fiscal Deficit Narrows To 6.4% Of GDP In FY23
The Centre's fiscal deficit narrowed to 6.4 per cent of the GDP in 2022-23 from 6.71 per cent in FY22, as anticipated by Finance Minister Nirmala Sitharaman in her Budget in February this year.
-
Fiscal Deficit Touches 67.8% Of Full-Year Target At January End: Data
The central government's fiscal deficit touched 67.8 per cent of the full-year target at the end of January due to higher expenses and lower revenue realisations, according to official data released on Tuesday.
-
Fiscal Deficit To Be Under 4.5% By 2025-26, Says Finance Minister
Budget 2023: The finance minister retained the fiscal deficit target of 6.4 per cent in the revised estimate for FY2022-23 and reduced it to 5.9 per cent for the next fiscal.
