Search For "fiscal deficit"
Delhi's GSDP contracts by 3.9 pc to Rs 7.9 lakh crore in FY 21: Eco Survey
Updated : 5 years ago IST
New Delhi [India], March 8 (ANI): The advance estimates show Delhi's gross state domestic product (GSDP) at current prices during 2020-21 at Rs 798,310 crore, marking a contraction of 3.92 per cent over the previous year, the Economic Survey showed on Monday.
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Fiscal deficit to undershoot, may spur cancellation of final two G-sec auc
Updated : 5 years ago IST
New Delhi [India], March 5 (ANI): The yield for the 5.85 per cent government security (GS) 2030 has risen by more than 35 basis points since its introduction to 6.23 per cent intra-day as on Friday with an uptick in recent weeks led by higher-than-expected fiscal deficit, ratings agency ICRA
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Government upfront with fiscal deficit, we have spent, spent, spent: Sitha
Updated : 5 years, 1 month ago IST
New Delhi [India], February 1 (ANI): The government has decided to spend big on infrastructure across a wide variety of sectors to give a greater impetus to the economy which is recovering from the impact of COVID-19, Finance Minister Nirmala Sitharaman said on Monday.
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FY21 fiscal deficit at 9.5 pc of GDP
Updated : 5 years, 1 month ago IST
New Delhi [India], Feb 1 (ANI): Finance Minister Nirmala Sitharaman said on Monday the fiscal deficit for FY21 has been pegged at 9.5 per cent of the GDP and will come down to 6.8 per cent in FY22.
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GDP may rebound to 10.1 pc growth in FY22: ICRA
Updated : 5 years, 2 months ago IST
New Delhi [India], Jan 13 (ANI): After a 7.8 per cent pandemic-driven contraction in the ongoing fiscal year, India's real GDP is projected to record an expansion of 10.1 per cent in FY2022, according to investment information agency ICRA.
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India's fiscal deficit stands at Rs 9.53 lakh crore till October
Updated : 5 years, 3 months ago IST
New Delhi [India], November 27 (ANI): India's fiscal deficit from April-October for the financial year 2020-21 stood at Rs 9.53 lakh crore, which is 119.7 per cent of the budgeted target of the whole year, government data showed here on Friday.
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India's stimulus 3.0 supportive for growth, fiscal impact unclear: Fitch S
Updated : 5 years, 3 months ago IST
New Delhi [India], November 16 (ANI): Fitch Solutions on Monday said the schemes recently announced by the Centre to boost the employment, credit and manufacturing sectors would be supportive to India's economic rebound over the coming quarters, however, the actual impact on public finances
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Fitch Solutions revises India's fiscal deficit forecast to 7.8 per cent fr
Updated : 5 years, 4 months ago IST
New Delhi [India], November 6 (ANI): Fitch Solutions on Friday revised its forecast for central government's fiscal deficit for the financial year (FY) 2020-21 to 7.8 per cent from its earlier projection of 8.2 per cent.
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Centre, state consolidated fiscal deficit may touch 13 pc of GDP: SBI
Updated : 5 years, 5 months ago IST
Mumbai (Maharashtra) [India], Oct 1 (ANI): The consolidated fiscal deficit of the Centre and state governments may touch 13 per cent of GDP in the current financial year, State Bank of India's research report Ecowrap said on Thursday.
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States' fiscal deficit at 37 pc for Q1, total capex by govts grows just 2
Updated : 5 years, 6 months ago IST
Mumbai (Maharashtra) [India], Sep 11 (ANI): The total receipts of 14 states in India declined by 18.2 per cent year-on-year in the first quarter of current fiscal while total spending grew by just 2.7 per cent, Motilal Oswal Financial Services said on Friday.
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States may cut FY21 capex by Rs 3 lakh crore due to GST shortfall: ICRA
Updated : 5 years, 6 months ago IST
New Delhi [India], Sep 10 (ANI): States may have to significantly cut their expenditure by as much as Rs 3.4 lakh crore in the current fiscal if they are not paid full compensation relating to Goods and Services Tax (GST), investment information agency ICRA has said.
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India's fiscal deficit to widen in FY21 to 8.2 pc: Fitch Solutions
Updated : 5 years, 6 months ago IST
Singapore, September 8 (ANI): Fitch Solutions has revised its fiscal deficit forecast for India to 8.2 per cent from 7.2 per cent earlier due to quicker divergence in expenditures and non-debt receipts which saw the deficit exceed the full-year target in only four months.
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