Search For "fiscal deficit"
Government on track to meet fiscal deficit target of 4.8 pc for FY25: Bank
Updated : 1 year ago IST
The central government is on course to meet its fiscal deficit target of 4.8 per cent of GDP for the financial year 2024-25 (FY25), according to a report by Bank of Baroda.
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Budget proposals on agriculture, fiscal consolidation commitment positive
Updated : 1 year ago IST
The budget proposals on agriculture and the commitment to fiscal consolidation, among others, are positive for price stability and would help to anchor inflation expectations over the medium term, RBI Governor Sanjay Malhotra said, as per the minutes of the latest monetary policy review meet
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Gujarat achieves lowest debt-to-GSDP ratio of 4.5 percent among 21 largest
Updated : 1 year ago IST
The National Council of Applied Economic Research (NCAER) has released a report highlighting Gujarat's exemplary fiscal management, positioning it as one of the financially strongest states in India. As per report, Gujarat has reduced its public debt-to-GSDP ratio in last 10 years by 4.5 per
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Government to use about 99 pc of borrowed resources to finance effective c
Updated : 1 year, 1 month ago IST
Noting that capital budget outlays have not come down, Finance Minister Nirmala Sitharaman on Tuesday said that the government is using almost the entire borrowed resources for financing effective capital expenditure.
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Focus on fiscal consolidation, growth supports India's credit profile: Car
Updated : 1 year, 1 month ago IST
The Union Budget for 2025-26, presented on February 1, reinforces credibility in India's fiscal consolidation roadmap while emphasizing boosting the economy's overall growth potential, CareEdge Global Ratings said in a report.
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India's debt to decline to 50-51% if it maintains a nominal growth rate of
Updated : 1 year, 1 month ago IST
If India maintains a nominal growth rate of 10.5 per cent its fiscal deficit is expected to reduce to 4 per cent of GDP in the next financial year (FY26), according to a report by SBI Funds.
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Tax relief to boost financial savings, consumption for urban Indians: Gold
Updated : 1 year, 1 month ago IST
Multinational investment banking company Goldman Sachs said that the mega tax relief provided for in Budget 2025 will help the urban consumers boost their net household financial savings, besides partly boosting their consumption.
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India's current account deficit to widen in FY26, GDP to grow by 6.5 per c
Updated : 1 year, 1 month ago IST
India's economy is expected to grow at 6.5 per cent in the financial year 2025-26 (FY26), slightly higher than the 6.4 per cent growth estimated for the ongoing fiscal year (FY25), according to a report by Crisil.
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Govt plans to use borrowings for capex, it is non-inflationary, says Finan
Updated : 1 year, 1 month ago IST
As announced in union budget on February 1, the Indian government plans to borrow Rs 15.4 lakh crore from the market
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"Jealous of Bihar": Piyush Goyal hits out at opposition questioning alloca
Updated : 1 year, 1 month ago IST
Reiterating the words of Prime Minister Narendra Modi, he said that the development of eastern and northeastern states has been the policy of the Modi government since 2014.
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Union Budget FY25-26: A prudent approach to fiscal discipline and sustaina
Updated : 1 year, 1 month ago IST
New Delhi [India], February 1: The Union Budget for FY25-26 strikes a balance between fiscal discipline and the need for sustained economic growth. The government's decision to reduce the fiscal deficit target from 4.8% to 4.4% is an important step towards long-term financial stability. Alth
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Budget 2025: Pulses Atmanirbharta mission announced, KCC loan limit raised
Updated : 1 year, 1 month ago IST
Aimed at diversifying crops and attaining self reliance or Atmanirbharta, the government is set to launch a six-year pulses mission, with particular focus on tur, urad, and masoor.
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