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PUNJAB FISCAL DEFICIT
UP, Gujarat, Jharkhand, 10 other states record revenue surplus in FY25: CAG reportFifteen Indian states faced revenue deficits in the fiscal year 2024-25. Thirteen states, however, reported revenue surpluses. The Comptrol...- Indian bonds draw buyers on RBI measures, softer oilIndian government bonds saw renewed buying on Tuesday. Lower oil prices and Reserve Bank of India measures to attract dollar inflows improv...
- Macro, the Mightiest: Why India’s biggest macro variable still falls from the skyThe 2026 monsoon comes with a clear warning: Rainfall is forecast at 92% of the long-period average, with higher-than-usual probability of ...
- Punjab FM Cheema urges Centre to share RBI’s ‘extraordinary’ dividend with statesPunjab's Finance Minister Harpal Singh Cheema calls for sharing the Reserve Bank of India's large dividend with states. He warns that takin...
- Holding stocks is harder than finding them: 10 mid- and small-caps stocks that may be worth holding on toHolding a stock is not an act of blind faith. It is not refusing to change one’s mind. It is not averaging down because the stock has falle...
- Spicier than jhalmuri: The Rs 1.7 lakh crore fiscal bite hidden in state election resultsWhat looked like a light-hearted campaign moment during PM Narendra Modi’s West Bengal trail has now turned into a major fiscal concern aft...
- India’s state election results are out. Is cash inflow next? Here’s a warningIndia’s state elections: New election wins in Indian states bring populist promises that could strain finances. Economists warn of wider fi...
- Punjab FM presents Rs 1.96 lakh crore budget for 2023-24; agriculture, education health key focus areasPunjab Finance Minister Harpal Singh Cheema presented a Rs 1.96 lakh crore budget for 2023-24 on Friday. The budget has a focus on agricult...
- Punjab to amend FRBM to raise Rs 928 crore in FY20In order to provide relief to the states on account of lower tax devolution during 2019-20, and in view of the hardships being faced by the...
- Punjab budget tackles populism, promisesBadal sought to address farm distress with a tranche of Rs 4,250 crore for debt relief scheme and Rs 8,950 crore for subsidised power to fa...
- Farm loan waivers to raise state deficits by Rs 1.08 trillion: ReportThe combined fiscal deficit of the states--Uttar Pradesh, Punjab, Maharashtra, Rajasthan and Karnataka--for FY18 has been budgeted at 2.7% ...
- RBI warns govt against a loose fiscal policy to drive growthWith combined deficit of 6 per cent, fiscal stance is hardly tight, says Urjit Patel.
- Urjit Patel warns of adverse impact of fiscal slippages on inflation“The state and central govt’s accounts combined, given that is already in the region of 6% of GDP, the national fiscal stance can hardly be...
- Higher tax mop-up has 12 states in Rs 4,000-crore fiscal surplus in Q1These states have, in fact, budgeted a fiscal deficit of whopping Rs 1,14,160 crore for the current fiscal year, says a report by the domes...
- Punjab government’s liquidity woes chronic: India RatingsThe state has also been among the largest borrowers this facility, notes a report by ratings firm India Ratings.
- Biggest driver is going to be the investment cycle: Kanchan Jain, Religare Credit AdvisorsIn a chat with ET Now, Kanchan Jain, CEO & Principal Managing Partner, Religare Credit Advisors LLP, says everbody is waiting for the budge...
- Special status for revenue deficit states done away with by 14th Finance Commission: Jayant SinhaWith Punjab demanding revenue deficit grant, Minister of State for Finance Jayant Sinha has said that the special status to any state has b...
- Former UPA regime contributed to Punjab's debt problem: Parminder Singh DhindsaDhindsa further said a sum of Rs 50 crore has been allocated to PSIDC for financing new industrial projects by way of either equity or loan.
- Punjab's fiscal health "poorer" than Haryana'sDespite Punjab trying "hard" to bring fiscal discipline, its fiscal health when compared with Haryana, the neighbouring state is performing...
- RBI Pre-policy meeting: Cut CRR for lower rates, say bankersA CRR cut would add to lendable resources of banks and reduce their cost of funds thereby giving a downward push to interest rates.
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