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fiscal deficit

Finance minister unveils last full budget before 2024 election

Finance

01 February, 2023

Finance minister unveils last full budget before 2024 election

Finance minister on Wednesday presented the government's last full budget in parliament before a general election due next year that ......

India goes on a spending spree to boost growth, stokes concern over fiscal deficit

Economy

01 February, 2022

India goes on a spending spree to boost growth, stokes concern over fiscal deficit

India's government will step up spending to 39.45 trillion rupees ($529.7 billion) in the coming fiscal year to build public ......

Highlights: India unveils budget aimed at spurring spending to support growth

Economy

01 February, 2022

Highlights: India unveils budget aimed at spurring spending to support growth

Indian Finance Minister Nirmala Sitharaman on Tuesday unveiled the budget for fiscal 2022-23, that aims to boost growth amid continued ......

India likely to trim fiscal deficit target as Omicron cases rise - sources

Finance

06 January, 2022

India likely to trim fiscal deficit target as Omicron cases rise - sources

India is aiming for a fiscal deficit of 6.3% to 6.5% of gross domestic product for the next financial year, ......

India to use revenue surge to fund welfare drives, not beat fiscal deficit target - sources

Economy

05 November, 2021

India to use revenue surge to fund welfare drives, not beat fiscal deficit target - sources

India will utilise a big bump in revenue collection to fund welfare programmes instead of trying to beat its fiscal ......

India's FY22 fiscal deficit target slightly wider than expected: Moody's analyst

Economy

01 February, 2021

India's FY22 fiscal deficit target slightly wider than expected: Moody's analyst

India's fiscal deficit target for 2021/22 is a little bit higher than expected, a Moody's analyst said on Monday, after ......

India's current account surplus shrinks in July-September

Economy

31 December, 2020

India's current account surplus shrinks in July-September

India's current account surplus shrank to $15.5 billion in the July-September quarter from a record $19.2 billion in April-June as ......

India's Apr-Oct fiscal deficit tops 126% of full-year target

General

27 November, 2020

India's Apr-Oct fiscal deficit tops 126% of full-year target

India's federal fiscal deficit in the seven months to end-October stood at Rs 9.53 trillion ($128.9 billion), or 126.7% of ......

Govt asks state-run firms to consider buybacks in move to bridge fiscal gap

Economy

19 October, 2020

Govt asks state-run firms to consider buybacks in move to bridge fiscal gap

India has asked at least eight state-run companies to consider share buybacks in the fiscal year that runs through March ......

BPCL sale may be delayed until next fiscal year, worsening federal deficit woes

Manufacturing

25 September, 2020

BPCL sale may be delayed until next fiscal year, worsening federal deficit woes

India's efforts to privatise refiner Bharat Petroleum Corp. Ltd. could spill over into the next fiscal year, according to a ......