India's April-July Fiscal Deficit Rises To Rs 6.06 Lakh Crore
In July, the monthly fiscal deficit was Rs 1.54 lakh crore, while during the corresponding period of last year, the government recorded a fiscal surplus of Rs 11,040 crore.
Aug 31, 2023, 20:22 PM IST
Going for growth, India set to borrow more: Economists
The median forecast in the series from the June 28-July 2 poll of over 45 economists showed the government will revise its fiscal deficit target up to 3.5% of gross domestic product (GDP) for the current fiscal year and 3.3% for 2020-21.
Jul 03, 2019, 10:44 AM IST
Govt will meet fiscal deficit target of 3.4 percent in FY'19: SC Garg
As per the interim Budget 2019-20, the government has pegged fiscal deficit target of 3.4 percent for the current fiscal year ending March 31.
Mar 08, 2019, 18:08 PM IST
Farm-loan waivers to hit states fiscal deficit targets: Report
India Ratings expects the states' revenue account on aggregate to clock a deficit of 0.5 percent of GDP in FY20 due to a higher growth in revenue spends than revenue receipt.
Jan 22, 2019, 12:21 PM IST
Don't need RBI's reserves to meet fiscal deficit: Arun Jaitley
India`s fiscal deficit for the eight months till November stood at Rs 7.17 lakh crore, which is 114.8 percent of the budgeted Rs 6.24 lakh crore.
Dec 31, 2018, 18:09 PM IST
Fiscal deficit touches 115% of FY target during April- November
The fiscal deficit, or gap between expenditure and revenue, stood at Rs 7.16 lakh crore during April-November of the current financial year, reflecting deterioration in public finances.
Dec 28, 2018, 13:04 PM IST
Fiscal deficit widens in H1 of FY19
The fiscal deficit target for 2018-19 is Rs 6.24 lakh crore.
Oct 25, 2018, 16:59 PM IST
Govt determined to contain fiscal deficit at 3.3%
The government has targeted 3.3 percent fiscal deficit for the current financial year ending March 2019.
Sep 13, 2018, 11:23 AM IST
India's April-June fiscal deficit at 68.7% of FY target
Net tax receipts in the first quarter of 2018/19 fiscal year that ends in March 2019 were 2.37 trillion rupees, government data showed.
Jul 31, 2018, 16:29 PM IST
India's April-May fiscal deficit at 55.3% of full year's target
The data furnished by the Comptroller General of Accounts (CGA) showed that fiscal deficit during the like period of the previous fiscal had stood at 68.3 per cent.
Jun 29, 2018, 18:24 PM IST
High govt debt burden constrains India's sovereign rating: Fitch
The 2018-19 Union Budget unveiled yesterday contains a number of policy measures with the potential to support economic demand and social well being.
Feb 02, 2018, 11:05 AM IST
India's fiscal deficit reaches 96% of FY target in October
The deficit was 79.3 percent of the full-year target during the same period a year ago.
Nov 30, 2017, 14:56 PM IST
India's half-year fiscal deficit crosses 91% of full year target
The data revealed that total expenditure during the April-September period was Rs 11.49 lakh crore, or at 53.5 per cent of the entire fiscal`s estimate.
Oct 31, 2017, 16:44 PM IST
Fiscal deficit touches 96.1% of budget estimate at Aug-end
In the comparable period last fiscal, revenue receipts comprising taxes and other items were 28 per cent of the target.
Sep 29, 2017, 18:20 PM IST
Sensex ends steady, but posts weekly loss
Both the Sensex and the Nifty suffered weekly losses for the third time this month, down 638.72 points, or 2 per cent, and 175.80 points, or 1.76 per cent, respectively.
Sep 29, 2017, 17:16 PM IST
Govt eyes extra $7.7 billion spending to halt economic slowdown: Sources
The official said that the economy was passing through a "transitory phase" after the government`s decision late last year to outlaw old high-value banknotes and after the launch of a nationwide goods and services tax in July.
Sep 21, 2017, 17:16 PM IST
High govt debt limits room for quick deficit reduction: Moody's
Days ahead of the budget, Moody's on Thursday said its positive outlook on India reflects expectations of continued policy reforms reducing government debt even as it feels that the high debt level limits room to cut fiscal deficit quickly.
Jan 26, 2017, 11:10 AM IST
FY18 fiscal deficit target may be set at 3-3.5% than 3%: BofA
Government's fiscal deficit target for next fiscal could be changed to a 'range' and set at 3-3.5 percent of the GDP, rather than 3 percent, says a Bank of America Merrill Lynch (BofA-ML) report.
May 20, 2016, 16:00 PM IST
'Government can opt for longer route to 3% fiscal deficit target'
New Delhi, Feb 21 (PTI) Government can change its fiscal targets and instead go for a longer route to the 3 percent target to support demand till the time private sector recovers, a survey of tax a
Feb 21, 2016, 12:22 PM IST
Tax collection to fall short of target: Finance Ministry
Finance Ministry shared concerns that revenue collection will fall short by Rs 50,000 crore, but sounded optimistic in meeting fiscal deficit target for 2015-16.
Oct 05, 2015, 14:39 PM IST
