Search For "fiscal deficit"
Capex cuts to offset tax shortfalls, Govt on track for fiscal targets of F
Updated : 3 months, 1 week ago IST
The Central government is expected to meet its fiscal deficit target for FY26 by cutting back on capital expenditure to offset potential shortfalls in income tax and GST collections, according to a report by Goldman Sachs.
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Higher dividend by RBI is likely to offset revenue loss due to GST rationa
Updated : 4 months, 1 week ago IST
The net revenue shortfall arising from the recent Goods and Services Tax (GST) rationalisation, estimated at around 0.1 per cent of GDP for the current fiscal, is expected to be offset by the higher dividend transfer from the Reserve Bank of India (RBI), noted a report by CareEdge Ratings.
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Meeting FY26 fiscal targets may be challenging amid weak tax growth: Union
Updated : 4 months, 1 week ago IST
Achieving the full-year Financial Year 2026 (FY26) fiscal targets appears challenging amid subdued growth in corporate and income tax revenues, according to a report by the Union Bank of India.
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Decades of fiscal mismanagement push Pakistan toward economic collapse
Updated : 4 months, 4 weeks ago IST
Pakistan's fragile economy faces deep-rooted structural challenges that threaten long-term stability, warned the State Bank of Pakistan (SBP) in its Annual Report on the State of the Economy 2024-25. The report highlights how persistent fiscal deficits, dwindling domestic savings, weak produ
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IMF Chief calls for private sector reforms, fiscal discipline, and global
Updated : 4 months, 4 weeks ago IST
The International Monetary Fund (IMF) has urged governments across the world to intensify efforts to strengthen private-sector growth, restore fiscal and monetary resilience, and address widening global imbalances amid an era of high economic uncertainty.
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Pakistan govt admits floods to worsen inflation, disrupt food supply chain
Updated : 5 months, 1 week ago IST
Pakistan's Finance Ministry warned that ongoing floods may temporarily push inflation to 3.5-4.5% in September by disrupting food supply chains, Dawn reported. Despite this, large-scale manufacturing, remittances and exports showed resilience, helping the economy maintain stability with an e
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Medium-term outlook for Rupee weaker, to depreciate 3-4% annually over thr
Updated : 5 months, 1 week ago IST
The medium-term outlook for the Indian rupee remains tilted to the downside unless there is relief from the persistent twin deficit, current account and fiscal deficit, according to a report released by Union Bank of India.
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Last 20 years' data shows states spending increases post elections due to
Updated : 5 months, 1 week ago IST
The last two decades have shown that states' spending usually picks up after elections, with revenue expenditure turning out to be the most prominent driver, according to a report by Emkay Research.
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Fiscal Deficit target of 4.4% in FY26 is achievable despite GST 2.0 revenu
Updated : 5 months, 1 week ago IST
India is likely to meet its fiscal deficit target of 4.4 per cent of GDP in FY26 despite anticipated revenue loss from the implementation of GST 2.0, according to a report by CareEdge Ratings.
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GST rate cuts could push India's FY26 fiscal deficit above target: JM Fina
Updated : 5 months, 1 week ago IST
The tax revenue foregone due to GST rate cuts will eventually push India's fiscal deficit above the government's target of 4.4 per cent of GDP in FY26, unless the gap is absorbed by slowing down capital expenditure intensity, according to a report by JM Financial.
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Confident we will stick to fiscal deficit target: DEA Secretary
Updated : 5 months, 1 week ago IST
Department of Economic Affairs (DEA) Secretary Anuradha Thakur on Saturday expressed confidence that India will meet its fiscal deficit target of 4.4 per cent for 2025-26, despite the first quarter showing a wider deficit than last year.
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Q1 GDP numbers reflect India's resilience, outlook remains positive: Econo
Updated : 5 months, 1 week ago IST
Robust Q1 GDP growth underlines the basic resilience and the strengthening of the momentum in the economy, which is anchored in strong macro-economic fundamentals, a senior government official said on Saturday.
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