As the gap between expenditure and income or fiscal deficit for the Centre registered below 30 per cent during the first six months (April-September) of […]
Tag: fiscal deficit
India confident of achieving fiscal deficit target, on course with glide path: FM Sitharaman
The government is confident of achieving its fiscal deficit target and sticking to the glide path to trim it to 4.5% of the GDP by […]
Union Budget may aim to increase disposable income for individuals, incentives for industry
The Union Budget, to be presented on July 23, is likely to accelerate the virtuous circle with a twin strategy – boosting manufacturing and pushing […]
Full Budget for FY25 likely during second fortnight of July
Full Union Budget for Fiscal Year 2024-25 is likely to be presented during the second fortnight of July, government sources said on Wednesday. Meanwhile, the […]
Equally higher surplus transfer from RBI for FY25 expected, will help in achieving 4.5% fiscal deficit by FY26, says SBI Research
SBI research has projected equally higher surplus transfer for the current fiscal by the Reserve Bank of India (RBI) which will help the Centre’s efforts […]
S&P Global upgrades India’s outlook to ‘positive,’ rating boost possible within 2 years
Taking note of the robust growth and rising quality of government spending, S&P Global Ratings on Wednesday revised India’s outlook to ‘Positive’ from ‘Stable’. However, […]