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FISCAL DEFICT
UP Budget 2024 highlights: Quoting Ramayan, FM presents Rs 7.36 lakh cr record budget, says we are no more a Bimaru state; Fiscal deficit at 3.46%UP Budget 2024 Highlights: Uttar Pradesh FM Khanna said that this budget will lay a strong foundation for UP to become a one-trillion-dolla...- FY23 fiscal deficit: FinMin monitoring daily receipts, expenses in MarchAlthough the government is expected to meet the revised tax revenue estimates, meeting the Rs 50,000 crore target from disinvestment receip...
- Economic Survey 2023 Highlights: Growth to remain robust, CAD may widen, loan rates to stay highEconomic Survey 2023 Highlights: The Survey said that the Indian economy has recovered from Covid-induced contraction. It noted that Indian...
- States budgets can help improve India's GDP projections: SBI ResearchThe consolidated fiscal deficit of the Centre and states is thus likely to be around 12.7 per cent of GDP, assuming that the Centre’s fisca...
- Combined fiscal deficit of Centre, States may go up to 14% in this fiscal: Former RBI Governor Rangarajan"We are essentially talking about 13.8 per cent or 14 per cent of the GDP (gross domestic product) as the overall fiscal deficit of the sta...
- Stake sale in LIC, IDBI to do heavy lifting for meeting Rs 2.1 lakh cr divestment targetFor the next financial year, beginning April 1, the government expects a substantial Rs 90,000 crore revenue from disinvestment of governme...
- Government aims to bring down current account deficit to 2.5% by 12th Plan-end: Montek Singh AhluwaliaAhluwalia said the government aims to finance the CAD as much as possible through foreign direct investment and through portfolio inflows.
- Widening trade gap credit negative for India: Moody'sAt present, Moody's has a 'Baa3' (lowest investment grade) rating for India, and any downward revision could pull the country's credit rati...
- Exports in November fall 4.17%; incentives to be announced by week-endhe government is all set to announce the next tranche of export incentives by this week-end as exports tumbled for the seventh straight mon...
- Delay in diesel price hike could make fiscal defict target hard to achieveUnder-recoveries of oil marketing companies are estimated at Rs 2 lakh crore in the current fiscal, more than half of which is on account o...
- Government seeks Parliamentary nod for Rs 34,724 crore extra spend in 2011-12Government is also seeking Parliamentary nod for Rs 1,585.7 crore for additional equity investment in the bonus shares issued by ONGC.
- Rupee falls by 6 paisa, to trade at 49.22 against the dollarThe rupee continues to trade in a small range, and was down 6 paisa at 2.30 pm, to trade at 49.22 against the dollar as against it'a close ...
- Rupee falls by 3 paisa at 12 noonThe rupee was trading in a narrow range, and was down 3 paisa at 12 noon, to trade at 49.19 against the dollar as against it'a close of 49....
- Fiscal deficit target 'encouraging': S&PStandard and Poor's raised India's sovereign credit ratings to investment grade earlier this month.
- RBI supports FM on containing fiscal deficitsReserve Bank on Wednesday came to the rescue of Finance Minister P Chidambaram, virtually supporting his view that resource mobilisation fo...
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