New Delhi [India], Feb 1 (ANI): The fiscal deficit target for next financial year beginning on April 1 has been pegged at 3.5 per cent of the gross domestic product (GDP), down from 3.8 per cent in the current fiscal 2019-20.
London [Britain], Nov 27 (ANI): Indian states face difficulties in reducing deficits, challenging the country's ability to meet medium-term fiscal consolidation goals as economic growth slows, Moody's Investors Service said in a new report released on Wednesday.
Mumbai (Maharashtra) [India], Oct 10 (ANI): India is experiencing a pronounced slowdown in economic growth which Moody's Investors Service has assessed to be partly related to long-lasting factors.
New Delhi (India), July 12 (ANI) Finance Minister Nirmala Sitharaman said on Friday that the Budget 2019 would boost investments without compromising on fiscal consolidation roadmap and hit out at former Finance Minister P. Chidambaram for his jibe at government's call for making India a fiv
New Delhi (India), July 10 (ANI): Union Finance Minister Nirmala Sitharaman said on Wednesday that the Budget 2019 gives a "big picture" of the newly elected government which has received a strong mandate from the people of India and asserted that it was committed to the path of fiscal conso
New Delhi [India], July 10 (ANI): Finance Minister Nirmala Sitharaman on Wednesday said that the government was committed to the path of fiscal consolidation without compromising on requirements of public expenditure and there was an increase in tax receipts of the government.
New Delhi [India], July 4 (ANI): As the Centre and states continue to be on the path of fiscal consolidation and discipline, revenue augmentation and expenditure rationalisation continue to be integral to fiscal reforms, the Economic Survey said on Thursday.
London [Britain] May 27 (ANI): The victory of Bharatiya Janata Party (BJP) in India's general election reduces policy uncertainty in the near term and gives the party a mandate to continue its economic reform efforts, according to Fitch Ratings.
New Delhi [India], May 23 (ANI): Moody's Investors Service said on Thursday that India's credit rating will depend on the policies of the new government and expressed the hope that the country will continue with its fiscal consolidation plan.
Mumbai (Maharashtra) [India], June 26 (ANI): Prime Minister Narendra Modi on Tuesday said the government is firmly committed to the path of fiscal consolidation.
New York [United States], June 7 (ANI): Credit ratings agency Moody's on Thursday said that it expects India to meet its fiscal deficit target of 3.3.percent of GDP for fiscal 2018-19, based on the incumbent government's commitment towards fiscal consolidation as well as its "achievable" bud
New Delhi [India], May 17 (ANI): The permissible limits on borrowings under the fiscal consolidation roadmap need to be equally applicable to the Centre and States in the context of overall macroeconomic framework, opined the leading economists in a meeting with the 15th Finance Commission,