Searched for
SUBSIDY OUTGO
Fiscal deficit widens to 9.6% of FY27 target on higher spendingIndia's fiscal deficit surged to 9.6% of the annual target in the first two months of the financial year, a significant jump from last year...- Banks NPA at multi-decadal low of 1.8%, Indian financial system remains resilient: RBI reportIndia's financial system remains robust, with bank NPAs hitting a multi-decade low of 1.8%. Despite global uncertainties and rising oil pri...
- US-Iran thaw to provide tailwinds for growth: RBIIndia's economic growth could get a boost from the Iran-US peace deal, according to the Reserve Bank's latest report. While the economy sho...
- Finmin to engage with states over looming El Nino falloutThe Finance Ministry will soon meet with states and central ministries to assess the economic and fiscal impact of El Nino. This review wil...
- A ₹3 lakh crore rain check? India’s monsoon now comes with a Hormuz fine printIndia’s fertiliser supply chain is under strain as the West Asia conflict disrupts shipping through the Strait of Hormuz, a critical route ...
- Behind the petrol pump: Why fuel retailers losing Rs 7-8 per litre need $85 crude oil to stop bleeding cashOil companies face continued losses of Rs 7-8 per litre on petrol and diesel, with a breakeven point only at crude prices of $85-87 a barre...
- Fertiliser subsidy may surpass budgeted estimates by Rs 70k crIndia imports over 80% of its DAP requirements and for urea domestic production covers only 30-35% of total demand. India is among top fert...
- The economy’s next adjustment will come at the pumpIndia faces rising fuel prices to manage its trade deficit. Foreign investors are selling Indian stocks, pressuring the rupee. Higher fuel ...
- El Niño and geopolitical tensions cloud India’s rural economy: A somber 2026 outlookIndia’s rural economy faces pressure in 2026 from a likely El Niño-driven weak monsoon and rising input costs due to US-Iran tensions. Lowe...
- Fiscal deficit may fall below revised estimate of 5.8%The Indian government's fiscal deficit could be slightly lower than revised estimates of 5.8% of GDP due to robust revenues and lower subsi...
- India braces for a Rs 50,000 crore rise in its subsidy bill for FY24Subsidy outgo for FY24 had been budgeted at ₹4.03 lakh crore, but may shoot up to ₹4.53 lakh crore. However, even this stretched welfare sp...
- To reduce fertilizer use, govt eyes direct subsidy transferThe plan to move to DBT will be a fundamental change in the manner in which fertilizer subsidies are administered in India as funds have be...
- Non-plan spending to show savings on back of lower subsidy outgoFood Security Act will be implemented only from next year after the new government deferred it for the second time by another six months.
- Subsidy outgo hitting new investment in ageing fields: ONGCONGC cannot make new investments needed to arrest falling oil production from ageing fields as its net price realisation has sharply fallen...
- Government to cut subsidies outgo to 1.5 per cent of GDP by 2016-17The Finance Ministry has pegged the overall fiscal deficit in 2013-14 at 4.8% lower than the estimated 5.2% of GDP in current financial yea...
- Limiting fiscal deficit to 5.3% of GDP is challenging: GovernmentThe government today said restricting fiscal deficit to 5.3% of GDP is a challenging task given the uncertainty on disinvestments, higher s...
- Cut fuel, fertiliser subsidies, says Amartya SenThe govt should lower its fuel and fertiliser subsidies and channelise the money to ensure food security, Nobel laureaute Amartya Sen said.
- GAIL net profit dips 38% in January-March quarterState gas utility GAIL India Ltd today reported 38 per cent drop in its March quarter net profit because of higher fuel subsidy outgo.
- ONGC Q4 net profit more than doubles to Rs 5,644 croreState-owned Oil and Natural Gas Corp (ONGC) today reported more than doubling of its net profit in March quarter as rupee depreciation help...
- Subsidy outgo rises to Rs 2.16 lakh crore in FY12The subsidy outgo is estimated to have risen by over Rs 1.59L cr during the last 6 yrs ending 2011-12 due to higher outgo on food, fertilis...
Load More
