facebook-page-view
Advertisement

fiscal deficit

Govt may seek $4.3 bn interim dividend from RBI to bridge fiscal gap

Economy

30 September, 2019

Govt may seek $4.3 bn interim dividend from RBI to bridge fiscal gap

The Indian government may request an interim dividend of around 300 billion rupees ($4.3 billion) from the Reserve bank of ......

Why PM Modi's corporate tax cut is unlikely to spur job bonanza

Economy

25 September, 2019

Why PM Modi's corporate tax cut is unlikely to spur job bonanza

With one eye on flagging demand, businesses in India are likely to bank the government's $20.4 billion corporate tax windfall ......

Govt says no plans to revise fiscal deficit target or cut spending now

Economy

23 September, 2019

Govt says no plans to revise fiscal deficit target or cut spending now

India will not revise its fiscal deficit target immediately and is not planning any spending cuts at this stage, the ......

Rating firm S&P Global says India's corporate tax cuts are 'credit negative'

Economy

20 September, 2019

Rating firm S&P Global says India's corporate tax cuts are 'credit negative'

Rating firm S&P Global said on Friday India’s move to cut corporate tax rates was a “credit negative development” despite ......

Govt gives companies $20.5 bn tax break in bid to revive growth

Economy

20 September, 2019

Govt gives companies $20.5 bn tax break in bid to revive growth

The Indian government on Friday slashed corporate taxes in a bid to pump up the flagging fortunes of the economy, ......

Fiscal deficit under threat if oil surge continues: RBI Governor

Finance

16 September, 2019

Fiscal deficit under threat if oil surge continues: RBI Governor

India's current account and fiscal deficit might take a hit if oil prices continue to rise after an attack on ......

India likely to miss fiscal deficit target amid pressure for more stimulus

Economy

04 September, 2019

India likely to miss fiscal deficit target amid pressure for more stimulus

India is likely to miss its fiscal deficit target for the current financial year, despite receiving an additional dividend from ......

Fiscal deficit crosses 77% of budgeted target in first four months of FY20

Economy

30 August, 2019

Fiscal deficit crosses 77% of budgeted target in first four months of FY20

India’s fiscal deficit in the four months through July stood at 5.48 trillion rupees ($76.65 billion), or 77.8% of the ......

Fiscal deficit crosses 61% of budgeted target in first three months of 2019-20

Finance

31 July, 2019

Fiscal deficit crosses 61% of budgeted target in first three months of 2019-20

India’s fiscal deficit in the three months ending in June stood at 4.32 trillion rupees ($62.80 billion), or 61.4% of ......

Govt aims to raise $2.18 bn by cutting stakes in 18 firms to 75%

Finance

08 July, 2019

Govt aims to raise $2.18 bn by cutting stakes in 18 firms to 75%

India’s government aims to raise up to 150 billion rupees ($2.18 billion) by reducing its stake in 18 state firms ......