Search For "deficit"
GST rate cuts could push India's FY26 fiscal deficit above target: JM Fina
Updated : 5 months, 2 weeks ago IST
The tax revenue foregone due to GST rate cuts will eventually push India's fiscal deficit above the government's target of 4.4 per cent of GDP in FY26, unless the gap is absorbed by slowing down capital expenditure intensity, according to a report by JM Financial.
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Amid tariff tensions, India's current account deficit may double to 1.2% o
Updated : 5 months, 2 weeks ago IST
India's current account deficit (CAD) is expected to almost double in the current financial year FY26 to 1.2 per cent of gross domestic product (GDP), compared with 0.6 per cent in FY25, amid rising trade and geopolitical tensions, according to a report by Union Bank of India.
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Without "peace, tranquillity" at border, other aspects of relationship can
Updated : 5 months, 2 weeks ago IST
Former Indian diplomat Veena Sikri has emphasised that peace and tranquillity along the India-China border remain fundamental to any meaningful progress in bilateral relations between the two nations, asserting that the trust deficit created by the 2020 Galwan incident has cast a long shadow
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PM Modi, Xi Jinping underline need to proceed from political, strategic di
Updated : 5 months, 2 weeks ago IST
Prime Minister Narendra Modi and Chinese President Xi Jinping on Sunday emphasised the need to proceed with a political and strategic direction to reduce bilateral trade deficit, said the Ministry of External Affairs, Foreign Secretary Vikram Misri, while adressing the special briefing on
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Confident we will stick to fiscal deficit target: DEA Secretary
Updated : 5 months, 2 weeks ago IST
Department of Economic Affairs (DEA) Secretary Anuradha Thakur on Saturday expressed confidence that India will meet its fiscal deficit target of 4.4 per cent for 2025-26, despite the first quarter showing a wider deficit than last year.
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Q1 GDP numbers reflect India's resilience, outlook remains positive: Econo
Updated : 5 months, 2 weeks ago IST
Robust Q1 GDP growth underlines the basic resilience and the strengthening of the momentum in the economy, which is anchored in strong macro-economic fundamentals, a senior government official said on Saturday.
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Europe to reduce tariffs to zero, we continue global tariffs: Trump aide P
Updated : 6 months, 3 weeks ago IST
Speaking about the trade deal, Novarro said that the EU has agreed to reduce "all their tariffs" to zero, while US continue their global tariff to fight the trade deficit at 15 per cent.
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China's easing of export curbs useful, but self-reliance India's only shie
Updated : 6 months, 3 weeks ago IST
China's recent move to ease export restrictions on fertilizers, rare earths, and tunnel-boring machines to India is a welcome step, but self-reliance remains the only real safeguard for New Delhi against its widening trade deficit with Beijing, the Global Trade Research Initiative (GTRI) sai
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Govt fiscal deficit may widen by 0.2% due to GST changes, but growth gains
Updated : 6 months, 4 weeks ago IST
The government's fiscal deficit could see a short-term increase due to proposed changes in the Goods and Services Tax (GST) structure, but the growth boost is expected to outweigh the temporary slippage, according to a report by Emkay Research.
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India's current account deficit likely to widen to 1.2% of GDP in FY26: Re
Updated : 7 months ago IST
India's current account deficit is expected to nearly double in the Financial Year 2026, rising to 1.2 per cent of GDP from 0.6 per cent in FY25, Union Bank of India said in a report.
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"Challenge for EC is trust deficit," says Congress MP Manish Tewari amid a
Updated : 7 months ago IST
Amid allegations of "voter fraud" on the Election Commission, Congress MP Manish Tiwari outlined that the poll body is facing a challenge of "trust deficit" as it carries "very little conviction" and almost "zero credibility."
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India's trade deficit widens to USD 11.72 bn in July 2025 on increased imp
Updated : 7 months ago IST
India's overall trade deficit (merchandise and services combined) widened to USD 11.72 billion in July 2025, up from USD 10.10 billion in the same month last year, driven by a sharper rise in imports than exports, according to the data released by the Commerce & Industry Ministry.
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