Search For "fiscal deficit"
Fitch revises India's outlook to negative, affirms IDR at BBB-minus
Updated : 5 years, 8 months ago IST
Hong Kong, June 18 (ANI): Fitch Ratings on Thursday revised the outlook on India's long-term foreign currency issuer default rating (IDR) to negative from stable and affirmed the rating at BBB-minus.
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Pakistan unveils Rs 7.13 trillion budget, defence gets around 1.3 trillion
Updated : 5 years, 9 months ago IST
Islamabad [Pakistan], June 13 (ANI): Pakistan on Friday unveiled Pakistani Rs 7.14 trillion budget for the fiscal year 2020-21 with defence allocations amounting to around Rs 1.3 trillion, which is almost 12 per cent higher than last year, Samaa News reported.
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States' deficit, market borrowings to increase to 4.5 pc of GDP: Ind-Ra
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], May 26 (ANI): India Ratings and Research (Ind-Ra) expects the aggregate fiscal deficit of states to now rise to 4.5 per cent of gross domestic product (GDP) in FY21 as against the agency's earlier forecast of 3 per cent.
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Credit limit should be relaxed to 6 pc of GSDP: Chhattisgarh CM to PM Modi
Updated : 5 years, 10 months ago IST
Raipur (Chhattisgarh) [India], May 1 (ANI): Chhattisgarh Chief Minister Bhupesh Baghel on Friday wrote to Prime Minister Narendra Modi, seeking consent to relax this year's credit limit up to 6 per cent of GSDP and keep fiscal deficit at 5 per cent.
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UP govt presents Rs 5,12,860 Cr budget for 2020-21
Updated : 6 years ago IST
Lucknow (Uttar Pradesh) [India], Feb 18 (ANI): The Yogi Adityanath government presented a budget of Rs 5,12,860.72 crore for the financial year 2020-21 on Tuesday.
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Sitharaman hits back at Chidambaram over 'incompetent doctors' jibe
Updated : 6 years, 1 month ago IST
New Delhi [India], Feb 11 (ANI): Finance Minister Nirmala Sitharaman on Tuesday targeted Congress leader P Chidambaram for his remarks that 'incompetent doctors' in the government were managing the economy.
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Disinvestment in PSUs to raise capital for infrastructure building: Sithar
Updated : 6 years, 1 month ago IST
Mumbai (Maharashtra) [India], Feb 7 (ANI): The government is pursuing disinvestment to inject greater transparency and discipline in loss-making public sector companies, Finance Minister Nirmala Sitharaman said on Friday.
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PM Modi says India has kept fiscal deficit, price rise in check
Updated : 6 years, 1 month ago IST
New Delhi [India], Feb 6 (ANI): Fiscal deficit and price rise are under check, said Prime Minister Narendra Modi on Thursday, adding that enhancing the investor confidence is also in view of the government in a bid to further strengthen the country's economy.
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Budget targets slide amid growth slowdown: Fitch Ratings
Updated : 6 years, 1 month ago IST
Hong Kong, Feb 5 (ANI): The Union Budget for fiscal year ending March 2021 (FY21) implies a modest degree of slippage from previous targets to consolidate public finances, Fitch Ratings said on Wednesday.
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India sets ambitious fiscal deficit targets, but challenges remain: Moody'
Updated : 6 years, 1 month ago IST
Singapore, Feb 4 (ANI): The Indian government will face challenges in achieving its deficit target for the fiscal year ending March 2021 amid persistent structural and cyclical headwinds to growth, Moody's Investors Service said on Tuesday.
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Govt very transparent in setting new fiscal deficit target: Nirmala Sithar
Updated : 6 years, 1 month ago IST
New Delhi [India], Feb 3 (ANI): Union Finance Minister Nirmala Sitharaman on Monday said the government has been very transparent in setting the new fiscal deficit target, which has been pegged at 3.5 per cent for the next financial year beginning April 1.
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Govt committed to fiscal consolidation without compromising on investment:
Updated : 6 years, 1 month ago IST
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.
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