Search For "fiscal deficit"
CII president R Dinesh welcomes government's push for infrastructure, CapE
Updated : 2 years, 1 month ago IST
"The immediate reaction would be the consolidation of the fiscal deficit. Our recommendation initially was a 5.4% fiscal deficit, but it's now 5.1%, which is a very significant step forward, but at the same time, does not sacrifice the focus on growth. So the capex spend has increased by
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Budget 2024: Fiscal deficit target pegged at 5.1%
Updated : 2 years, 1 month ago IST
Presenting the Union Budget 2023, Union Finance Minister Nirmala Sitharaman on Thursday pegged the fiscal deficit target for 2024-25 at 5.1 per cent of gross domestic product (GDP).
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BOB FY25 budget preview: Government focuses on fiscal consolidation and ru
Updated : 2 years, 1 month ago IST
According to Bank of Baroda economist Sonal Badhan, the fiscal deficit target for FY24 is expected to be achieved at 5.9 per cent, with potential risks from lower-than-anticipated nominal GDP growth and higher expenditure.
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SBI report projects fiscal deficit at 5.5 per cent of GDP for FY25; gross
Updated : 2 years, 1 month ago IST
The Economic Research Department of the State Bank of India (SBI) has released a comprehensive research report forecasting the fiscal scenario for the upcoming financial years.
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Congress accuses Modi government of mismanaging economy, says vast majorit
Updated : 2 years, 4 months ago IST
The Congress has accused the Modi government of mismanaging the economy saying that RBI's October 2023 bulletin shows "extremely concerning economic trends" including a 47-year low in the savings growth rate, "ballooning fiscal deficit" and slowing credit growth to the industrial sector
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Pakistan govt’s fiscal deficit expected to narrow in FY24: Report
Updated : 2 years, 7 months ago IST
The report attributed the reason “largely due to a 12 per cent reduction in non-markup spending”.
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World Bank suggests Pakistan end subsidies amid "dangerous" fiscal deficit
Updated : 2 years, 11 months ago IST
To improve Pakistan's economy, the World Bank, in its review report, has recommended several suggestions to the country to counter the problem -- starting with the end of subsidies.
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Petroleum products can be brought under GST once states agree: Sitharaman
Updated : 3 years ago IST
The 49th meeting of the GST Council is scheduled to be held here in the national capital on February 18, to be chaired by finance minister Sitharaman.
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Kerala's economy posted strong recovery in 2021-22: State Economic Review
Updated : 3 years, 1 month ago IST
Kerala's economy posted a strong recovery rate in 2021-22, with an increase in the Gross State Domestic Product (GSDP) from (-)8.43 per cent in 2020-21 to 12.01 per cent in 2021-22.
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Brought down wasteful, unproductive expenditures for macroeconomic stabili
Updated : 3 years, 1 month ago IST
The Union Budget has been prepared to aim to increase the GDP growth, bringing economic stability and supporting the weaker sections of the society, the Union Finance Secretary TV Somanathan said on Thursday.
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India's continued capital expenditure push will give fillip to growth: Fit
Updated : 3 years, 1 month ago IST
Fitch Ratings says India is well-placed to sustain higher rates of growth in the medium-term than many of its peers.
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Union Budget 2023-24 presents vision for Amrit Kaal, proposes changes inco
Updated : 3 years, 1 month ago IST
Sitharaman noted that the world has recognised the Indian economy as a 'bright star' which is expected to grow in the current year at seven per cent - the highest among all the major economies.
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