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FISCAL DEFICIT GOAL
India meets FY26 fiscal deficit goal at 4.4% of GDP despite revenue and global pressuresIn a commendable feat, the Indian government has hit its FY26 fiscal deficit goal of 4.4% of GDP, largely due to prudent expenditure manage...
Fuelled by lending boom, DPDzero bets big on AI-led debt recoveryAs India’s unsecured lending boom accelerates, collections are emerging as the next major battleground for fintechs and lenders.
Rs 10.9 lakh crore burden: Iran shock can take a load off India's backRising oil prices triggered by the Iran conflict are pushing India to accelerate its shift away from fossil fuels, with the government fast...
Energy shock strains India’s growth, fiscal outlook: S&P reportIndia faces economic challenges from Middle East conflict. Energy prices and supply constraints strain finances. Rising bond yields, inflat...
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...
W.O.R.R is the worry. A four-way assault pummells Indian macroIndia faces a rare convergence of four macro shocks—war-driven oil surge, a record weak rupee, and a likely poor monsoon—raising inflation ...
Wall Street at record highs! Why US stocks remain a winning betUS equities are defying global market headwinds, with the S&P 500 and Nasdaq hitting record highs. This rally is driven by strong corporate...
Centre may rejig spending to meet FY27 fiscal deficit targetThe Indian government is looking at shifting its spending priorities. This is to manage new expenditure needs arising from supply chain iss...
Rupee likely to stabilise at 92-93 level: EAC-PM chairmanChairman of the Economic Advisory Council to the Prime Minister (EAC-PM), S Mahendra Dev, on Wednesday said that Indian Rupee is expected t...
India weighs austerity steps, sees no immediate risk to FY27 deficit goal, sources sayIndia is maintaining its focus on crucial infrastructure projects like roads and railways. Despite global oil price surges due to the Middl...
India to forecast stronger growth next year while sticking to fiscal deficit goals, sources sayIndia plans to project higher economic growth for the next fiscal year, forecasting nominal economic growth of 10.3%-10.5%, which is higher...
Budget 2024: Fiscal deficit target for FY25 cut to 4.9% of GDP; govt to beat FY26 goal, tooFinance Minister Nirmala Sitharaman announced that the government has reduced its fiscal deficit target for FY25 to 4.9% of GDP, down from ...
Fiscal gap till January shrinksThe central government contained its fiscal deficit in the 2023-24 financial year at 63.6% of the revised target despite a moderation in no...
India cautious of 'unexpected' spike in govt bond yields - officialThe government's receipts and expenditure are on track to meet the 5.9% fiscal deficit goal for the ongoing fiscal year, he added.
Government likely to miss its Budget targets for the current fiscal due to Pandemic: Official“We may not be able to achieve our budget estimate figures,” Economic Affairs Secretary Tarun Bajaj said Thursday, referring to the economi...
India's fiscal deficit goals threatened by tax evasion as demand wanesThere have been many cases of bogus billings, tax evasion and fake invoicing, according to PwC.
Economic Survey cautions on loosening fiscal deficit goalsIndia’s economic experience shows that the fiscal activism embraced by advanced economies- giving a greater role to counter-cyclical polici...