Search For "consolidation"
Budget 2024: Fiscal deficit target reduced to 4.9% with focus on consolida
Updated : 1 year, 8 months ago IST
Presenting the Union Budget for 2024-25, Union Finance Minister Nirmala Sitharaman on Tuesday pegged the fiscal deficit target at 4.9 per cent of gross domestic product (GDP)
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Fiscal consolidation with welfare measures, budget may see a mild increase
Updated : 1 year, 8 months ago IST
The fiscal buffer from the Reserve Bank of India's (RBI) excess dividend, amounting to 0.4 per cent of GDP, is likely to be disproportionately allocated towards the rural, farm, and welfare sectors, with a slight increase in capex.
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The government will continue on the path to fiscal consolidation in FY25:
Updated : 1 year, 8 months ago IST
The SBI report adds that the various avenues of income for the government such as corporate tax, income tax, customs duty, excise duty, Goods and Services Tax, Net tax revenue, and non-tax revenue have shown a better than estimated revenue collections not only in FY24 but also in the first t
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Goldman Sachs expects India to stick to 5.1 pc fiscal deficit announced in
Updated : 1 year, 8 months ago IST
Investment banking company Goldman Sachs expects the central government to stick to the announced fiscal deficit target of 5.1 per cent of GDP for 2024-25 in the upcoming Budget to be tabled on July 23 and announce further consolidation to a deficit of below 4.5 per cent in 2025-26.
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Reforms in pension scheme, tax on deposits, PSBs' consolidation must be on
Updated : 1 year, 8 months ago IST
The key reforms brought in over the past decade were Jan Dhan; Digitization, financial inclusion; recapitalisation of PSBs; API-based banking; Insolvency and Bankruptcy Code; GST; and platform business models, among others.
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Centre must target 4.9% fiscal deficit in 2024 and continue consolidation,
Updated : 1 year, 8 months ago IST
The government under Prime Minister Narendra Modi should focus on adherence to fiscal prudence and continue on the fiscal consolidation path, suggested SBI Research ahead of the much-awaited full Budget for 2024-25 to be tabled on July 23 - the first Budget under Modi 3.0.
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Modi 3.0 will have policy continuity amid fiscal challenges: Moody's
Updated : 1 year, 9 months ago IST
However, the NDA's slim margin of victory and the BJP's loss of an outright majority in parliament may slow down more extensive economic and fiscal reforms, potentially impeding fiscal consolidation efforts.
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Consolidation to continue in cement sector; operational efficiency will re
Updated : 1 year, 9 months ago IST
According to ICRA, forecasts suggest this trend will continue, with expectations of a further surge to 55 per cent by March 2025, indicating a notable consolidation within the sector.
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RBI's dividend transfers to ease near-term deposit accretion woes; Medium-
Updated : 1 year, 10 months ago IST
This transfer, coupled with the subsequent government spending, will bolster the central government's fiscal position, enabling potential additional spending or fiscal consolidation.
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Government's thrust on capex, fiscal consolidation paint bright picture fo
Updated : 1 year, 10 months ago IST
he outlook for the Indian economy remains bright, backed by a sustained strengthening of various macroeconomic fundamentals, robust financial and corporate sectors, said Reserve Bank of India in its annual report published on Thursday.
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Maiden Forgings Acquires 4 Acres of Land for Consolidation and Expansion,
Updated : 1 year, 11 months ago IST
Mumbai (Maharashtra) [India], April 2: Maiden Forgings Limited (MFL) is one of the leading manufacturers of wide range of Bright Steel bars and wires from past 35 years has successfully acquired land nearly double the size of its current facilities, spanning about 4 acres. This aims to combi
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Maiden Forgings buys 4 acres land for its consolidation and expansion plan
Updated : 1 year, 11 months ago IST
New Delhi [India], April 2: Maiden Forgings Limited, based out of Delhi, NCR recently signed an agreement in the last week of March 2024 and made payment for the acquisition of new land at another location in Ghaziabad. The land is almost double the size of its existing facilities spanning a
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