Fiscal deficit zooms to 61% of BE in April-June quarter
The state of public finances showed some deterioration with the fiscal deficit crossing 61 percent of the Budget Estimates in the first quarter of 2016-17, on higher expenditure and subdued realisation of non-tax revenues.
Jul 29, 2016, 18:00 PM IST
Weak public finances strain India's rating upgrade: Fitch
Government's reform initiatives have unlocked Indian "economy's dynamism" but weak public finances continue to remain a strain on any rating upgrade, global ratings firm Fitch said on Monday.
Jun 22, 2015, 20:55 PM IST
