Search For "fiscal deficit"
Maharashtra to grow at 7.9% in FY26, driven by services and industry: Eco
Updated : 1 week, 1 day ago IST
Maharashtra's economy is expected to grow at 7.9 per cent in 2025-26, up from 7.3 per cent in 2024-25, according to the Economic Survey of Maharashtra 2025-26 tabled in the State Assembly on Thursday. The survey projects steady expansion driven mainly by the services and industrial sectors,
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Despite downward revision in nominal GDP, India's fiscal dynamics remain c
Updated : 1 week, 4 days ago IST
Despite a downward revision in nominal GDP following a change in the base year, India's overall fiscal dynamics remain very comfortable, with the fiscal deficit contained at 63 per cent of the revised estimates (RE) during April-January FY26, according to a report by Union Bank of India.
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Gujarat, Odisha fare well on fiscal front; Punjab under pressure amid high
Updated : 1 week, 4 days ago IST
Gujarat and Odisha have emerged relatively better placed in terms of fiscal performance, with manageable levels of debt and deficits, while Punjab continues to face pressure due to elevated debt and interest burden, according to a report by CareEdge Ratings.
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Supreme Court slams freebies by political parties, urges planned schemes f
Updated : 3 weeks, 1 day ago IST
The Supreme Court on Thursday strongly criticised the distribution of "freebies" by political parties of all states and expressed concern over its impact on public finances.
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Madhya Pradesh undergoing serious economic crisis, says MP Congress Presid
Updated : 3 weeks, 2 days ago IST
Madhya Pradesh Congress President Jitendra (Jitu) Patwari on Wednesday said that Madhya Pradesh is undergoing a major economic crisis because the venter did not allocate the demanded Rs. 50,000 crore in the previous financial year, leading the state to borrow approximately Rs. 72,000 cror
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Chidambaram slams Union Budget as "parsimonious, forgetful", asks if key m
Updated : 1 month ago IST
Congress leader P Chidambaram on Monday slammed the government over the Union Budget 2026, saying it is "parsimonious, forgetful of the past year" and will vanish from memory of people.
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A growth-oriented budget focused on structural reform and inclusive develo
Updated : 1 month, 1 week ago IST
The Budget outlines a comprehensive roadmap to sustain India's growth momentum through higher capital expenditure.
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Slower fiscal consolidation pace, higher market borrowings in Budget are d
Updated : 1 month, 1 week ago IST
The Union Budget's continued focus on capital expenditure and manufacturing is a positive, but a slower pace of fiscal consolidation and higher market borrowings are disappointing, according to investment bank Nomura.
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FY27 Budget balances fiscal consolidation with growth push: Jefferies
Updated : 1 month, 1 week ago IST
The Union Budget for FY27 has adopted a calibrated approach to fiscal consolidation while prioritising higher government spending and sector-specific incentives, according to a report by Jefferies.
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Good efforts but no special allotment for Andhra Pradesh: YSRCP leader YV
Updated : 1 month, 1 week ago IST
"The central government has not given any special grant for any project... They should have given some special preference and special allotment for Andhra Pradesh...," he said.
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"Underwhelming Budget, not enough money in Aam Aadmi's pocket...": Shashi
Updated : 1 month, 1 week ago IST
"One thing that I will say as an MP from Kerala is my profound disappointment that even in an election year, the BJP did not see fit, the government did not see fit to give my state what its fair share," he said.
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"What is govt doing about it?": Chidambaram slams Union Budget 2026, flags
Updated : 1 month, 1 week ago IST
Senior Congress leader P. Chidambaram on Sunday raised concerns over the Union Budget 2026, questioning the government's approach on trade, investment, and defence expenditure.
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