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Fiscal Deficit Touches 21.2% Of Annual Target In Q1: Official Data

Fiscal Deficit Touches 21.2% Of Annual Target In Q1: Official Data

The fiscal deficit is the difference between total expenditure and revenue of the government. It indicates the total borrowing that are needed by the government

29 July 2022
Govt Committed To 6.4% Fiscal Deficit Target For 2022-23: Sources

Govt Committed To 6.4% Fiscal Deficit Target For 2022-23: Sources

The government is taking steps to deal with the spiralling crude oil prices in the international market

04 July 2022

Centre's Fiscal Deficit At 12.3% Of Full Year Target In May: Official Data

The fiscal deficit was at 8.2 per cent of the Budget Estimate (RE) of 2021-22 during the corresponding period

India’s Fiscal Deficit At 12.3% Of Full Year Target In May: Official Data

India’s Fiscal Deficit At 12.3% Of Full Year Target In May: Official Data

Fiscal deficit is the difference between total expenditure and revenue of the government. It is an indication of the total borrowings that are needed by the...

30 June 2022

India Reports CAD Of 1.2% Of GDP In FY22 On Widening Trade Deficit

For the January-March 2022 quarter, the CAD narrowed on a sequential basis to $13.4 billion or 1.5 per cent of GDP against $22.2 billion or 2.6 per cent of GDP...

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20 June 2022
India Faces Near-Term Challenges; Better Placed To Deal With Them: Finance Ministry Report

India Faces Near-Term Challenges; Better Placed To Deal With Them: Finance Ministry Report

Near-term challenges need to be managed carefully without sacrificing the hard-earned macroeconomic stability, the Monthly Economic Review said


02 June 2022
Policy Tightening To Pressure Fiscal Numbers, Deficit Seen At 6.7% In FY23: Report

Policy Tightening To Pressure Fiscal Numbers, Deficit Seen At 6.7% In FY23: Report

As per the report, the central deficit is expected to be at 6.7 per cent and states' at 3.5 per cent in the current fiscal. 


02 June 2022
Why RBI Should Not Increase Interest Rates To Tame Inflation

Why RBI Should Not Increase Interest Rates To Tame Inflation

Retail Inflation jumps to eight years high of 7.79 per cent in April which is much above the RBI comfort zone. Here is why RBI intervention with rate hike will...


25 May 2022
Govt Has No Plan For Additional Borrowing To Manage Fiscal Deficit: Report

Govt Has No Plan For Additional Borrowing To Manage Fiscal Deficit: Report

The tax reduction on petrol and diesel will lead to revenue loss of around Rs 1 lakh crore per year for the government.


31 March 2022
Centre's Fiscal Deficit Touched 82.7% Of Full Year Target At End Of February

Centre's Fiscal Deficit Touched 82.7% Of Full Year Target At End Of February

In the last financial year, the fiscal deficit or gap between the expenditure and revenue was 76 per cent of the Revised Estiamate (RE) of 2020-21.


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18 February 2022
Fiscal Deficit Of States To Stand At 3.65 In FY23, Says India Ratings

Fiscal Deficit Of States To Stand At 3.65 In FY23, Says India Ratings

The agency had earlier forecast the fiscal deficit of the states to print in at 4.1 per cent. The upward revision is due to the better-than-expected growth in...


15 February 2022
Engineering, Petroleum Sectors Help Exports Jump 25% To $34.5 Billion In Jan

Engineering, Petroleum Sectors Help Exports Jump 25% To $34.5 Billion In Jan

Imports grew by 23.54 per cent to $51.93 billion during the month under review.


10 February 2022
FY22 Fiscal Deficit Estimate A Responsible Target, Says Sitharaman

FY22 Fiscal Deficit Estimate A Responsible Target, Says Sitharaman

In her Budget speech on February 1, Sitharaman had said that the revised fiscal deficit in the current financial year is estimated at 6.9 per cent of GDP as...


01 February 2022
Union Budget Lacks Special Provision For Farmers, Common Man: Rajasthan CM

Union Budget Lacks Special Provision For Farmers, Common Man: Rajasthan CM

He said the announcement to promote organic farming along the Ganga river was only because of the Uttar Pradesh elections.


19 January 2022
Fiscal Deficit For FY23 Could Be In Lower End Of 6-6.5%, Says SBI

Fiscal Deficit For FY23 Could Be In Lower End Of 6-6.5%, Says SBI

SBI has pegged that gross borrowings for the next financial year could be Rs 12 lakh crore and if the LIC share sale via initial public offering (IPO) goes...


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