Fiscal deficit

Fiscal deficit target of 4.1% GDP likely to be met: Citi

The fiscal deficit target of 4.1 percent of GDP for 2014-15 is likely to be met though the fiscal trends are "weak", it said.

Feb 01, 2015, 11:20 AM IST

Fiscal targets likely to be met: Arun Jaitley

Finance Minister Arun Jaitley on Tuesday said fiscal deficit targets for current year are likely to be met and manufacturing sector is showing turnaround signs.

Jan 27, 2015, 13:11 PM IST

Jalan panel for cut in fiscal deficit to 3.6% in 2015-16

Ahead of the Budget, the Expenditure Management Commission, headed by Bimal Jalan, has recommended to the government that it cut fiscal deficit to 3.6 percent of the GDP during 2015-16.

Jan 21, 2015, 23:58 PM IST

Industry, govt officials for fiscal benefits to boost manufacturing

To boost manufacturing growth under 'Make in India' programme, industry leaders and top government officials have suggested duty cuts, easier land acquisition norms and fiscal incentives for research and development especially in sectors like defence.

Jan 04, 2015, 13:20 PM IST

Fiscal deficit position to improve in Jan-Mar quarter: Finance Ministry

The Finance Ministry is expecting an improvement in the fiscal position in January-March quarter on a likely pick up in tax revenue realisation, receipts from spectrum auction and stake sale of PSUs.

Jan 01, 2015, 20:59 PM IST

'Meeting fiscal deficit target of 4.1% looks challenging'

Meeting the budgeted fiscal deficit target of 4.1 percent of GDP for the current financial year looks "challenging", says Japanese brokerage firm Nomura.

Jan 01, 2015, 14:48 PM IST

Govt committed to meet 4.1% fiscal deficit target: CEA

The government is committed to containing fiscal deficit at 4.1 percent of the GDP this fiscal, Chief Economic Advisor Arvind Subramanian said on Friday.

Dec 19, 2014, 19:04 PM IST

CAD at comfortable level, but there are risks: Raghuram Rajan

Reserve Bank Governor Raghuram Rajan on Thursday said the current account deficit (CAD), which has widened to USD 10.1 billion or 2.1 percent of GDP in July- September period, is still at comfortable level although there are risks.

Dec 11, 2014, 18:12 PM IST

'RBI to ease rates by 50 bps in 2015, first cut likely in Feb'

The RBI is expected to lower policy rates by 50 basis points in 2015 with the first rate cut likely as early as February next year on the back of slowing inflation, global brokerage firm Morgan Stanley said.

Dec 07, 2014, 10:54 AM IST

RBI says 'reasonably comfortable' with current account deficit

The Reserve Bank of India is "reasonably comfortable" with the current account deficit because of lower oil prices, deputy governor H. R. Khan said.

Dec 03, 2014, 15:14 PM IST

Weekly review: Sensex, Nifty continue record-breaking run

Interest rates related shares from realty, banking and auto were in keen demand on hopes of rates cut.

Nov 29, 2014, 16:25 PM IST

Fiscal deficit at 90% of Budget Estimates in end Oct

Net tax receipts in the first seven months (April-October) of the current fiscal stood at over Rs 3.68 lakh crore, or 37.7 per cent of the BE

Nov 28, 2014, 16:10 PM IST

Fiscal deficit target of 4.1% challenging but achievable: Citi

As per the official data, fiscal deficit has touched 82.6 percent of budget estimates for 2014-15 to cross Rs 4.38 lakh crore at the end of September.

Nov 03, 2014, 15:03 PM IST

Higher tax refunds putting pressure on fiscal deficit: Jaitley

"It would be challenging to achieve indirect tax aim. Direct tax target would be achievable. We would strive to achieve fiscal deficit aim for this fiscal," Jaitley said.

Oct 31, 2014, 16:50 PM IST

Fiscal deficit nears 83% of Budget estimates in end Sept

Fiscal deficit touched 82.6 percent of the Budget Estimates for 2014-15 to cross Rs 4.38 lakh crore at the end of September.

Oct 31, 2014, 15:52 PM IST

Fiscal deficit target 'challenging' but 'achievable': Citigroup

Government's fiscal deficit target of Rs 5.31 lakh crore is 'challenging' but 'achievable' thanks to lower crude oil prices and their impact on the subsidy bill, says a Citigroup report.

Oct 02, 2014, 21:47 PM IST

Fiscal deficit touches 75% of Budget Estimates in August

Fiscal deficit touched 74.9 percent of the Budget Estimates for 2014-15 to cross Rs 3.97 lakh crore at the end of August.

Sep 30, 2014, 21:38 PM IST

Softening crude prices to help meet fiscal deficit target

Moderating crude oil prices in the international market will help the government in meeting the current year's fiscal deficit target of 4.1 percent of GDP which was earlier described as a 'very difficult task' by Finance Minister Arun Jaitley.

Sep 22, 2014, 18:19 PM IST

India pitches for rating upgrade, says will keep fiscal in check

Pitching for the country's rating upgrade, Finance Ministry officials on Monday informed credit ratings agency Moody's that the Budget 2014-15 has provided an impetus to growth and the government is taking steps to keep the fiscal deficit under check.

Sep 08, 2014, 17:19 PM IST

High fiscal deficit, inflation cap rating upgrade: Moody's

Rating agency Moody's on Wednesday said high fiscal deficit and sticky inflation limit chances of an upward revision in the country's sovereign ratings.

Sep 03, 2014, 15:08 PM IST