Search For "fiscal deficit"
FY21 fiscal deficit pegged at 3.5 per cent of GDP
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), Financial Minister Nirmala Sitharaman said on Saturday.
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Survey pins hope on GST revenue collections to rein in fiscal deficit
Updated : 6 years, 1 month ago IST
New Delhi [India], Jan 31 (ANI): The Economic Survey for 2019-20 released on Friday said that drop in fixed investment by households from 14.3 per cent to 10.5 per cent explains most of the decline in overall fixed investment between 2009-14 and 2014-19.
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States' aggregate fiscal deficit to rise to 3 pc of GDP in FY20: Ind-Ra
Updated : 6 years, 2 months ago IST
Mumbai (Maharashtra) [India], Dec 31 (ANI): The aggregate fiscal deficit of states will touch 3 per cent gross domestic product (GDP) in FY20 against the budgeted figure of 2.6 per cent, India Ratings and Research (Ind-Ra) said on Tuesday.
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Pakistan receives second tranche of $452 mn from IMF
Updated : 6 years, 2 months ago IST
Islamabad [Pakistan], Dec 27 (ANI): Pakistan on Thursday received USD 452.4 million as a second tranche of the USD 6 billion loan from the International Monetary Fund (IMF).
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PPRC criticises Kejriwal for distorting CAG figures on Delhi finances
Updated : 6 years, 3 months ago IST
New Delhi [India], Dec 4 (ANI): The Public Policy Research Centre (PPRC) has condemned Delhi Chief Minister Arvind Kejriwal for distorting facts in an audit report by the Comptroller and Auditor General (CAG) of India which said the fiscal deficit of state government improved to a surplus of
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Congress says economy in crisis mode, targets Sitharaman
Updated : 6 years, 5 months ago IST
New Delhi [India], Oct 12 (ANI): The Congress party on Saturday accused the BJP-led Central government of monumental mismanagement of the economy, saying it has moved from "recession to crisis mode" and the fiscal deficit was far more than the estimates.
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Congress slams government, says economy in crisis mode
Updated : 6 years, 5 months ago IST
New Delhi [India], Oct 12 (ANI): The Congress on Saturday accused the BJP-led government of monumental mismanagement of the economy, saying it has moved from "recession to crisis mode" and the fiscal deficit was far more than the estimates.
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Tax cuts may bolster growth eventually but fiscal impact comes sooner: Fit
Updated : 6 years, 5 months ago IST
Hong Kong, Sep 26 (ANI): India's corporate tax cuts support efforts to stimulate investment and GDP growth in the medium term but will cause the fiscal deficit to widen in the near term, Fitch Ratings said on Thursday.
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Disinvestment profits can be used for limiting fiscal deficit to 3.5 pc: A
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Sep 25 (ANI): Acuite Ratings on Wednesday said there is still a significant scope to limit India's fiscal deficit to 3.5 to 3.6 per cent if the government gives high priority to disinvestment and there is a sustainable revival in consumption and market sentiment
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Corporate tax reduction is credit positive for companies, but increases go
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Sep 21 (ANI): The government's decision to reduce the base corporate tax rate to 22 per cent from 30 per cent as part of stimulus measures to revive slowing economic growth is credit positive for companies because it will enable them to generate higher post-t
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As Imran Khan completes one year in power, Pak's fiscal deficit on three-d
Updated : 6 years, 6 months ago IST
Islamabad [Pakistan], Aug 28 (ANI): The annual fiscal deficit of Pakistan rose to the highest in the last three decades at 8.9 per cent for the financial year 2018-19.
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Budget advances economic reform, but fiscal settings unchanged: Fitch
Updated : 6 years, 8 months ago IST
London [Britain], July 10 (ANI): Financial information services major Fitch Ratings said on Wednesday that the Union Budget for 2019-20 outlines some economic reforms that could support the economy but its fiscal stance remains broadly unchanged with no plans for meaningful consolidation.
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