Search For "fis"
FY27 budget to prioritise capex, fiscal prudence; limited upside surprises
Updated : 3 months, 3 weeks 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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Ehime Fish Festival 2026 Brings Japan's Iconic Yellowtail to Mumbai in a L
Updated : 3 months, 3 weeks ago IST
Mumbai (Maharashtra) [India], January 31: Mumbai has embarked on an extraordinary culinary and cultural journey with the launch of the Ehime Fish Festival 2026, currently underway at Robata Kuuraku, located at Gourmet Village, Phoenix Palladium Mall, Lower Parel. The festival, which begins t
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Barclays sees government meeting FY26 fiscal deficit target, projects 4.2%
Updated : 3 months, 3 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 : 3 months, 3 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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India-Bangladesh facilitate safe repatriation of fishermen and fishing boa
Updated : 3 months, 4 weeks ago IST
The Indian Coast Guard on Thursday shared that the safe repatriation of 23 Indian fishermen and 2 fishing boats and the handing over of 128 Bangladeshi fishermen with 5 fishing boats to Bvangladesh Coast Guard was facilitated.
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Eco survey raises concern of States fiscal situation, revenue surplus stat
Updated : 3 months, 4 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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Economic Survey 2025-26: Industry experts hail India's GDP growth driven b
Updated : 3 months, 4 weeks ago IST
India's economy is projected to expand at a rate of 6.8 to 7.2 per cent in the fiscal year 2027, according to the Economic Survey 2025-26 tabled in Parliament today. Industry leaders across the financial, insurance, and manufacturing sectors reacted to the findings, noting that the docume
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With better fiscal health, fresh borrowings now used for past interest obl
Updated : 3 months, 4 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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"We've built an AI business larger than some of our biggest franchises tha
Updated : 3 months, 4 weeks ago IST
Microsoft Corp. has announced its financial results for the quarter ended December 31, 2025, reporting revenue of USD 81.3 billion, a 17 per cent increase compared to the same period last fiscal year.
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Cigarette volumes expected to fall as new duty takes effect: Crisil Rating
Updated : 3 months, 4 weeks ago IST
Crisil Ratings reports that the domestic cigarette industry is preparing for a 6-8 per cent volume reduction in the next fiscal year. This follows the imposition of additional excise duties and an increase in GST rates effective February 1. Under the new tax structure, the compensation ce
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Reducing fiscal deficit without weakening growth to be key focus for Budge
Updated : 4 months 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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Budget Session 2026-27 to commence today with President Murmu's address
Updated : 4 months ago IST
The Economic Survey document, prepared by the Economic Division of the Department of Economic Affairs in the Ministry of Finance and formulated under the supervision of the chief economic adviser, provides insights into the state of the economy and various indicators for 2025-26 (April-Ma
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