Search For "deficit"
FY27 budget to prioritise capex, fiscal prudence; limited upside surprises
Updated : 1 month, 1 week ago IST
With the Union Budget for FY27 scheduled for Sunday, expectations are tamed even as markets remain alert to the possibility of selective positive surprises, according to a pre-Budget note by Union Bank of India (UBI).
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Barclays sees government meeting FY26 fiscal deficit target, projects 4.2%
Updated : 1 month, 2 weeks ago IST
"We expect the Centre's fiscal deficit in FY26-27 to be pegged at 4.2% of GDP. We estimate that this would take debt-to-GDP down to 55% in FY26-27. For FY25-26, we expect the fiscal deficit target of 4.4% to be met, despite serious slippage concerns," noted the report.
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India progressed on fiscal consolidation, however concerns remain at certa
Updated : 1 month, 2 weeks ago IST
"Our deficit has only fallen with time, so there is consolidation. However, there is some degree of concern when it comes to the state deficits. There is a need to look at why some states are moving away from the Fiscal Responsibility and Budget Management (FRBM) or the kind of gains they ha
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Eco survey raises concern of States fiscal situation, revenue surplus stat
Updated : 1 month, 2 weeks ago IST
The number of Indian states reporting a revenue surplus has declined sharply over the years, falling from 19 in FY19 to just 11 in FY25 (Provisional Accounts), highlighting rising fiscal stress at the state level, according to the Economic Survey.
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With better fiscal health, fresh borrowings now used for past interest obl
Updated : 1 month, 2 weeks ago IST
The Economic Survey of India tabled in Parliament on Thursday highlighted a steady improvement in the Centre's fiscal position, noting that fresh government borrowings are now increasingly being used to service past interest obligations rather than to finance current spending.
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Reducing fiscal deficit without weakening growth to be key focus for Budge
Updated : 1 month, 2 weeks ago IST
India's fiscal deficit is budgeted at 4.4% of GDP in FY26, and policymakers are expected to signal a further consolidation to around 4.0% in FY27, EY said. However, slower-than-expected nominal GDP growth and subdued tax collections have narrowed the room for manoeuvre.
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States' fiscal deficit increases to 3.3% in 2024-25, after remaining below
Updated : 1 month, 2 weeks ago IST
States' consolidated gross fiscal deficit increased to 3.3 per cent of gross domestic product (GDP) in 2024-25, after remaining below 3.0 per cent during the previous three consecutive years, Reserve Bank's annual publication "State Finances: A Study of Budgets" noted.
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India Inc optimistic about India's growth prospects ahead of Budget: FICCI
Updated : 1 month, 2 weeks ago IST
A survey conducted by the Federation of Indian Chambers of Commerce and Industry (FICCI) found strong optimism across industry in India, with nearly 80 per cent of respondents expressing confidence in the country's growth prospects.
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Budget 2026: FM to refrain further fiscal consolidation, likely to maintai
Updated : 1 month, 2 weeks ago IST
The Finance Minister, in the upcoming Union Budget 2026, is likely to refrain from further fiscal consolidation in FY27, according to a report by Nuvama.
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Centre likely to prioritise debt consolidation, capex push in Budget 2026:
Updated : 1 month, 3 weeks ago IST
The government is likely to prioritise medium-term debt consolidation while sustaining a strong push for capital expenditure in the upcoming Union Budget for 2026-27, according to pre-Budget expectations outlined by rating agency ICRA.
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India's December exports dip marginally, imports rise; deficit stands at $
Updated : 1 month, 4 weeks ago IST
India's overall exports in December 2025 stood at USD 74.01 billion, marginally lower than USD 74.77 billion in December 2024, while imports rose sharply to USD 80.94 billion from USD 76.23 billion a year ago, according to official data released by the Ministry of Commerce and Industry on Th
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"Indian Army fully capable, trust deficit lies with BJP: AAP's Priyanka Ka
Updated : 2 months ago IST
Her remarks came as residents along the LoC in Rajouri reported heightened vigilance following multiple drone sightings over the past few days. Locals said suspected Pakistani drones were seen in the Naushera-Rajouri sector on Tuesday night, prompting increased alertness by both security
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