Fiscal deficit

Modi govt to present 'run-of-the-mill' Budget: Nomura

Government is likely to present a "run-of-the-mill" budget with an fiscal slippage to 3.7 percent of the GDP in the next fiscal from an earlier target of 3.5 percent, a Nomura report says.

Feb 19, 2016, 15:33 PM IST

Implementation of 7th Pay Commission to impact govt's fiscal math: Deutsche Bank

According to the global financial services firm, the government is likely to meet its fiscal deficit target for the fiscal but may settle for a higher fiscal deficit target of 3.8 percent for 2016-17.

Feb 14, 2016, 17:54 PM IST

Government to meet fiscal deficit target for FY16: Deutsche Bank

The government is likely to meet its fiscal deficit target of 3.9 per cent for the current financial year and is expected to set it at 3.8 per cent of the GDP for the next fiscal, says a Deutsche Bank report.

Feb 07, 2016, 18:35 PM IST

India faces challenges in sticking to fiscal roadmap: S&P

India will face challenges in sticking to the fiscal consolidation roadmap as the expected revenues may not be fully realised and subsidy cuts may be delayed, Standard & Poor's Ratings Services said.

Jan 31, 2016, 21:39 PM IST

'RBI may slash policy rate by 0.25% on Feb 2'

Towards the end of financial year 2015-16, the Reserve Bank of India is approaching the end of its rate-cutting cycle and is expected to slash the repo rate by 0.25 percent on Feb 2

Jan 29, 2016, 14:54 PM IST

Wider deficits carry risks of delay to rating upgrades: DBS

India's fiscal deficit target for 2016-17 is likely to be adjusted higher to 3.7 percent of GDP, financial services major DBS said while highlighting that wider deficits carry the risks of a delay to rating upgrades.

Jan 26, 2016, 19:19 PM IST

'Finance Ministry, RBI keeping close watch on rupee; CAD under control'

The government proposes to bring down the fiscal deficit in current fiscal to 3.9 percent of GDP.

Jan 15, 2016, 15:24 PM IST

Will stick to fiscal consolidation roadmap in Budget: Finance Ministry

The government had set a fiscal deficit target of 3.9 per cent of the GDP for the current fiscal.

Jan 15, 2016, 12:36 PM IST

Govt may deviate from fiscal deficit path to boost growth

To promote growth, the government could consider deviating from fiscal deficit path for the next financial year and focus more on public spending, suggested economists at the pre-Budget meeting with Finance Minister Arun Jaitley.

 

Jan 13, 2016, 19:35 PM IST

Will meet 3.9% fiscal deficit target: Jayant Sinha

Government on Friday said it is on course to meet the fiscal deficit target of 3.9 percent of GDP for 2015-16, and 3.5 percent next fiscal, despite pressure of additional outgo on account of the 7th Pay Commission and OROP.

Dec 18, 2015, 14:48 PM IST

Real possibility of govt delaying fiscal deficit targets: Fitch

Managing fiscal arithmetic after implementing seventh pay panel recommendations will be a challenge and there is a "real possibility" of Finance Minister Arun Jaitley delaying the fiscal consolidation plan again, Fitch said Tuesday.

Dec 08, 2015, 17:53 PM IST

Meeting fiscal deficit not impossible post govt pay hikes: RBI

Stressing on the need to protect the quality of fiscal deficit, RBI Governor Raghuram Rajan Tuesday said implementing the recommendations of the 7th pay commission is a hard task but not impossible.

Dec 01, 2015, 20:02 PM IST

India's April-October fiscal deficit touches 74 percent of full-year target

India`s fiscal deficit reached 4.11 trillion rupees ($61.67 billion) during April-October or 74 percent of the full-year target, government data showed on Monday.

Dec 01, 2015, 00:40 AM IST

10-year bond yield rises on concerns FY16 fiscal gap may widen

The yield of 10-year bond - 7.72 percent-2025 - ended at 7.69 percent from previous close of 7.67 percent.

Nov 20, 2015, 20:04 PM IST

Fiscal deficit hits 68% of Budget estimate in first half

The fiscal deficit is the gap between expenditure and revenue.

Oct 30, 2015, 19:01 PM IST

Disinvestment shortfall not to upset fiscal deficit target: Arun Jaitley

There is no cause for concern on fiscal deficit and the government will meet its target for the current fiscal despite certain challenges on the disinvestment front, Finance Minister Arun Jaitley said on Tuesday.

Oct 27, 2015, 13:43 PM IST

India to meet fiscal targets despite revenue drop: BofA-ML

Government is likely to meet its fiscal deficit target this year despite risks of shortfall in tax collection and disinvestment proceeds, as it may go for a small reduction in public spending, says a report.

Oct 22, 2015, 20:02 PM IST

OROP, Pay Commission will not impact fiscal deficit: Sinha

Implementation of One Rank One Pension (OROP) and increase in salary bill due to 7th Pay Commission will not strain government's fiscal position, Minister of State for Finance Jayant Sinha said Monday.

Oct 19, 2015, 23:13 PM IST

April-August fiscal deficit at 66.5% of Budget estimate

The fiscal deficit in the first five months of the current fiscal ended August stood at Rs 3.69 lakh crore, or 66.5 percent, of Budget estimates for 2015-16.

Sep 30, 2015, 21:40 PM IST

Confident of maintaining fiscal deficit at 3.9%: FM Jaitley

Pitching for steps to strengthen 'real economy' of India, Finance Minister Arun Jaitley on Monday said he is confident of maintaining fiscal deficit at 3.9 per cent in the current financial year.

Sep 28, 2015, 19:33 PM IST