Government to borrow $37.7 bn in Oct-March: Source
The government will borrow a gross 2.49 trillion rupees ($37.70 billion) between October and March, or the second half of the 2015/16 fiscal year, a source familiar with the details told Reuters on Monday.
Sep 28, 2015, 19:00 PM IST
Confident of maintaining 3.9% fiscal deficit target this year: Arun Jaitley
Zee Media Bureau
Sep 28, 2015, 18:15 PM IST
Indian economy to outpace 7.3% growth of last fiscal: FM Jaitley
Aiming to reap significant benefits from continuing reforms, Finance Minister Arun Jaitley on Monday said all macroeconomic parameters including fiscal deficit and inflation appear positive and hoped that GDP growth would outperform 7.3 per cent rate of last year.
Sep 21, 2015, 12:54 PM IST
Govt to continue reforms, will contain fiscal deficit: Finance Minister Arun Jaitley
Implementation of GST is very high on the priority list of the government, Finance Minister Arun Jaitley on Sunday said while expressing commitment to continuing reforms and containing fiscal deficit.
Sep 20, 2015, 22:55 PM IST
OROP payout unlikely to scuttle fiscal deficit target: Nomura
Financial services major Nomura Monday said though the implementation of 'One Rank, One Pension (OROP)' is going to put fiscal burden to the tune of around Rs 10,000 crore, the government is unlikely to miss the fiscal deficit target this year.
Sep 07, 2015, 18:51 PM IST
OROP no threat to fiscal arithmetic: Jayant Sinha
Government Monday ruled out the possibility of additional financial burden of Rs 8,000-10,000 crore on account of OROP scheme hurting the fiscal consolidation programme, saying there was "space" to absorb it.
Sep 07, 2015, 18:06 PM IST
OROP to cost Rs 16,000 crore in FY16; to impact fiscal math: HSBC
One Rank One Pension (OROP) will have a significant impact on the country's fiscal bill and the overall cost will be around Rs 16,000 crore in the current financial year, says an HSBC report.
Sep 07, 2015, 17:11 PM IST
April-July fiscal deficit at 69.3% of Budget estimates
The fiscal deficit in the first four months of current financial year stood at Rs 3.85 lakh crore, or 69.3 of Budget estimates for 2015-16, as government stepped up its plan expenditure.
Aug 31, 2015, 19:26 PM IST
Govt can spend Rs 37,200-cr more and still meet deficit target
The government can spend an additional Rs 37,200 crore more this fiscal year in infra investments or bank recapitalisation and still not miss the 3.9 percent fiscal deficit target, the domestic ratings agency India Ratings said in a report Wednesday.
Aug 26, 2015, 22:49 PM IST
Fiscal deficit, inflation under control; economy in revival mode: FM Jaitley
Enthused by increase in indirect tax collections, Finance Minster Arun Jaitley Monday said that the economy is in a revival phase and expected that it will clock a growth rate in excess of 8 percent in 2015-16.
Aug 24, 2015, 16:48 PM IST
Fiscal deficit, inflation under control, eco in revival mode: FM Jaitley
The Economic Survey presented by Jaitley in February had projected a growth rate of 8.1 to 8.5 per cent for the current financial year.
Aug 24, 2015, 16:00 PM IST
April-June fiscal deficit at 51.6% of Budget estimates
The fiscal deficit in the first three months of current fiscal stood at Rs 2.86 lakh crore or 51.6 per cent of Budget estimates for 2015-16.
Aug 01, 2015, 00:32 AM IST
Keeping fiscal deficit at 3.9% challenging: Deutsche Bank
Foreign brokerage Deutsche Bank Monday said there are a plenty of challenges in terms of maintaining the fiscal deficit at the targetted 3.9 percent of GDP for this fiscal.
Jul 06, 2015, 23:59 PM IST
Govt can borrow more to revive investment cycle: Report
The government can borrow more to revive investment cycle even at the cost of marginally slipping from the projected fiscal deficit, as that will lead to higher-than-expected growth in the medium-term, says a report.
Jul 02, 2015, 20:06 PM IST
April-May fiscal deficit at 37.5% of Budget estimates
The fiscal deficit in the first two months of current fiscal stood at Rs 2.08 lakh crore or 37.5 percent of Budget estimates for 2015-16.
Jun 30, 2015, 20:42 PM IST
Weak monsoon to be credit negative for India: Moody's
A weak monsoon is likely to be credit negative for India as it is expected to push up food inflation as well as government deficits, global rating agency Moody's said Monday.
Jun 08, 2015, 17:33 PM IST
Govt contains fiscal deficit to 3.99% of GDP in FY15
According to national accounts data released by Central Statistics Office (CSO), the Gross Domestic Product at current prices is estimated at Rs 125.41 lakh crore in the last financial year ended March 31, 2015.
May 31, 2015, 11:21 AM IST
Fiscal deficit in April stands at Rs 1.27 lakh crore
The fiscal deficit in the first month of 2015-16 was Rs 1.27 lakh crore or 23 percent of Budget Estimates for the whole financial year.
May 29, 2015, 21:41 PM IST
CEA pitches for rate cut by RBI, competitive rupee
Citing low inflation and under control fiscal deficit, Chief Economic Advisor Arvind Subramanian on Tuesday pitched for a rate cut by the Reserve Bank at its monetary policy review meeting next week.
May 26, 2015, 18:32 PM IST
Higher tax collections to help improve fiscal deficit: Jaitley
Finance Minister Arun Jaitley on Monday said direct tax collections for the current financial year were likely to increase by 14-15 percent, enabling the government to improve upon its fiscal deficit target of 3.9 percent.
May 25, 2015, 18:30 PM IST
