The government is on track to meet the fiscal deficit and capital expenditure (CAPEX) targets for the current financial year, supported by strong non-tax revenue inflows and front-loaded spending across key sectors, according to Ranen Banerjee, Partner and Economic Advisory Leader at PwC
According to assessments by Crisil, ICICI Bank Research and Emkay Global, the merchandise deficit expanded as gold imports surged nearly 150% quarter-on-quarter, touching USD 19 billion in Q2, while goods exports declined on a sequential basis following the rollout of higher US tariffs on In
The Central government is expected to meet its fiscal deficit target for FY26 by cutting back on capital expenditure to offset potential shortfalls in income tax and GST collections, according to a report by Goldman Sachs.
The merchandise trade deficit moderated to US$ 87.4 billion in Q2, marginally lower than USD 88.5 billion in the corresponding period last year. Exports and imports both grew, but the increase in exports helped contain the deficit.
Pakistan's economy faces renewed strain as its current account deficit widens, with GDP growth expected to stagnate at 2.4%, The Express Tribune reported. An LSE study warns that without structural reforms, rising deficits, inflation, and weak external stability will continue to hinder econo
After Proteas put up a gigantic 489 on the board in the first innings after opting to bat first, India sank to a 288-run deficit after being bundled out for 201 runs. Proteas piled up 260 more runs in 2nd innings for the loss of five wickets before declaring with a lead of 548 runs.
India's merchandise trade deficit widened to an all-time high of $41.7 billion in October 2025, driven by a sharp increase in gold and silver imports and a renewed contraction in exports, according to the Reserve Bank of India's (RBI) State of the Economy report in the November 2025 Bulletin
India's current account deficit (CAD) is expected to rise to 1.7 per cent of GDP in the current financial year FY26, higher than the bank's earlier projection of 1.2 per cent, according to a report by Union Bank of India.
India's widening goods trade deficit in October has raised concerns among analysts, with Nuvama Research highlighting that the country's rising gold imports must be closely watched to assess the future trade deficit trajectory.
The net revenue shortfall arising from the recent Goods and Services Tax (GST) rationalisation, estimated at around 0.1 per cent of GDP for the current fiscal, is expected to be offset by the higher dividend transfer from the Reserve Bank of India (RBI), noted a report by CareEdge Ratings.
Achieving the full-year Financial Year 2026 (FY26) fiscal targets appears challenging amid subdued growth in corporate and income tax revenues, according to a report by the Union Bank of India.
Post tariffs, trade deficit of United States declined by USD 42 billion but during the same period it has gone up by USD 9 billion with top five trading partners including India, noted a research report by the State Bank of India (SBI).