Search For "fiscal deficit"
Government should come up with a clear roadmap to contain fiscal deficit:
Updated : 1 year, 2 months ago IST
Montek Singh Ahluwalia, former Deputy Chairman of the Planning Commission, has raised concerns about India's high fiscal deficit, stating that it is much more than other developing countries and hampering private investments.
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"Go for growth", "shun protectionism": Uday Kotak lists out musings ahead
Updated : 1 year, 2 months ago IST
As the curtains come down to the calendar year 2024, Uday Kotak, Founder and Director of Kotak Mahindra Bank, has listed ten-point priority areas for the overall growth of the Indian economy in the year that knocks our doors.
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India's fiscal deficit will be 4.8 pc in FY25, below budget estimate of 4.
Updated : 1 year, 2 months ago IST
The fiscal deficit of the central government is projected to be 4.8 per cent of GDP for FY25, slightly below the budgeted estimate of 4.9 per cent, according to a report by Care Edge Ratings. The marginal improvement is attributed to healthy tax collections, despite certain shortfalls.
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India continues to hold steady despite global uncertainties: CareEdge Rati
Updated : 1 year, 2 months ago IST
CareEdge Ratings expects the central government to continue on the path of fiscal consolidation and projects India's GDP growth to moderate but remain healthy at 6.5 per cent in the current financial year.
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CII suggests Centre stick to 4.9% fiscal deficit in Budget 2025
Updated : 1 year, 3 months ago IST
Chandrajit Banerjee, Director General, CII, elaborating on the suggestions for the forthcoming Union Budget also pointed out that overly aggressive targets beyond the ones mentioned could adversely affect growth.
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India's fiscal deficit on track, but spending challenges persist, govt. ha
Updated : 1 year, 3 months ago IST
The central government fiscal deficit stands at 46.5 per cent of its budget estimates in the first seven months of the current financial year 2025, highlights a report by Union Bank of India.
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India likely to attract USD 20-25 billion FPI inflows in FY25, recent outf
Updated : 1 year, 3 months ago IST
Foreign portfolio investment (FPI) inflows into India are projected to remain positive in FY25, with an expected inflow of USD 20-25 billion, according to a report by Bank of Baroda.
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Rupee hits all time low, dollar appreciates amid possibility of Trump retu
Updated : 1 year, 4 months ago IST
Amid the rising possibility of Donald Trump returning to White House, the dollar on Wednesday strengthened while the Indian rupee hit all-time low of 84.25 against US dollar.
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With enhanced revenue collections, government is confident of meeting the
Updated : 1 year, 5 months ago IST
"Aided by buoyant revenue generation, restrained revenue expenditure growth and healthy economic activity, the fiscal deficit is estimated to decline further from 5.6 per cent of GDP in FY24 (provisional actuals) to 4.9 per cent in FY25," she said.
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Private sector will have to invest more to keep growth momentum of India:
Updated : 1 year, 5 months ago IST
India's private sector will have to shoulder more investment responsibility for the country's growth because India's fiscal settings are constrained and the government might not be able to provide as much financial support as before, says global rating agency S&P.
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Despite increased Capex, Government on the path of fiscal prudence says An
Updated : 1 year, 6 months ago IST
The central government is continuously moving on the path of fiscal prudence with the fiscal deficit of the government on July 24 declining to Rs 1.41 lakh crore as compared to Rs 1.54 lakh crore in the corresponding period last year, as per a report by Anand Rathi, a financial services comp
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Rural economy is driving India's growth, Govt capex in infra will stimulat
Updated : 1 year, 7 months ago IST
The Rural economy of India has emerged as a significant driver of economic growth, outpacing urban areas largely due to increased government spending in the recent quarters, highlighted a report by Anand Rathi, a financial service company.
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