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GROSS PRIMARY DEFICIT
CAG report flags fall in Delhi’s contribution to national GDPA CAG report shows Delhi's GSDP growth was slower than the national economy. Revenue receipts grew, driven by tax collections, while non-ta...
Global Market: Euro zone current account surplus widens in May; market impact likely limitedThe euro zone's current account surplus increased in May, driven by stronger primary income. This rise offset a narrower trade surplus, acc...
Food inflation projected to average 6% in FY27 amid rainfall deficit concerns: CareEdge RatingsIndia faces a challenging economic outlook with food inflation projected at 6% and CPI at 5% in FY27, largely due to a severe monsoon defic...
India's wholesale inflation at 9.68% in May under revamped series as Iran war-driven oil costs biteIndia’s wholesale inflation stood at 9.68% in May under a new series, with food and fuel prices remaining high amid ongoing US-Iran conflic...
US current account deficit contracts sharply in the fourth quarterThe Commerce Department's Bureau of Economic Analysis said on Wednesday the current account deficit, which measures the flow of goods, serv...
US current account deficit contracts sharply in the third quarterAmerica's current account deficit saw a significant drop in the third quarter. Tariffs impacted imports, while primary income saw a surge. ...
US current account deficit hits record high in the third quarterAmerica's trade deficit hit a new high. Imports surged, and income from abroad dipped. This widened the current account deficit to a record...
Egypt says land sale, IMF accord will ease budget problemsEgypt agreed in February to sell the development rights to Ras al-Hikma, a prime Mediterranean resort destination, to Abu Dhabi for $24 bil...
US current account deficit narrows in second quarterThe Commerce Department said the current account deficit, which measures the flow of goods, services and investments into and out of the co...
Arun Jaitley to address RBI board on MondayThe government expects Rs 28,000 crore from the RBI as interim dividend for 2018-19 based on the financial position of the central bank.
RBI board meeting deferred to February 18The meeting of the Reserve Bank of India's (RBI) central board, which was slated to take a call on interim dividend, has been deferred to F...
Govt expects Rs 69,000 crore dividend from RBI in FY20The government has projected to mobilise Rs 82,911.56 crore as dividend or surplus from the RBI, nationalised banks and financial instituti...
We might end up 2018-19 with 3.3% fiscal deficit: DEA SecretaryHe also said the government has maintained the glide path towards achieving the fiscal deficit target of 3 per cent by 2020-21 and eliminat...
Government to reduce fiscal deficit to 3% in 2020-21, eliminate primary deficitThe government Friday came out with a roadmap to reduce the fiscal deficit, the gap between total expenditure and revenue, to 3 per cent of...
- What is Budget at a Glance?
This document exhibits broad break-up of expenditure - Plan and Non-Plan, allocation of Plan outlays by sectors as well as by Ministries/De...
- Services sector contributes Rs 2.98 lakh crore to Delhi's GDP
The services sector contributed a whopping Rs 2.98 lakh crore to Delhi's GDP of Rs 3.65 lakh crore in 2012-13.
- Japan must plug over 20 tn yen hole to meet FY 2020 austerity goal
The Japanese government said that it will have to plug a revenue shortfall of more than $241 billion to achieve a key goal for Japan's fisc...
- Revenue deficit to be at its highest level ever: RBI
The Reserve Bank today said that revenue deficit would be at its highest-level ever while primary deficit would both be at its highest in I...
- Budget Glossary 4
We concluded the previous instalment of the glossary with a discussion of central plan. We now take up concepts of plan and non-plan expend...
- The ABC of Budget
Here's a glossary of all those Budget jargon you always wanted to know.