Will meet 3.9% fiscal deficit target: Jayant Sinha
Government on Friday said it is on course to meet the fiscal deficit target of 3.9 percent of GDP for 2015-16, and 3.5 percent next fiscal, despite pressure of additional outgo on account of the 7th Pay Commission and OROP.
Dec 18, 2015, 14:48 PM IST
Real possibility of govt delaying fiscal deficit targets: Fitch
Managing fiscal arithmetic after implementing seventh pay panel recommendations will be a challenge and there is a "real possibility" of Finance Minister Arun Jaitley delaying the fiscal consolidation plan again, Fitch said Tuesday.
Dec 08, 2015, 17:53 PM IST
Government not worried about fiscal deficit: Finance Minister Arun Jaitley
Finance Minister Arun Jaitley today said he was not worried about fiscal deficit and government would be able to meet its target despite additional outgo towards the implementation of the 7th Pay Commission.
Dec 04, 2015, 16:43 PM IST
Tax collection to fall short of target: Finance Ministry
Finance Ministry shared concerns that revenue collection will fall short by Rs 50,000 crore, but sounded optimistic in meeting fiscal deficit target for 2015-16.
Oct 05, 2015, 14:39 PM IST
Govt can spend Rs 37,200-cr more and still meet deficit target
The government can spend an additional Rs 37,200 crore more this fiscal year in infra investments or bank recapitalisation and still not miss the 3.9 percent fiscal deficit target, the domestic ratings agency India Ratings said in a report Wednesday.
Aug 26, 2015, 22:49 PM IST
Keeping fiscal deficit at 3.9% challenging: Deutsche Bank
Foreign brokerage Deutsche Bank Monday said there are a plenty of challenges in terms of maintaining the fiscal deficit at the targetted 3.9 percent of GDP for this fiscal.
Jul 06, 2015, 23:59 PM IST
Airtel, Idea, Vodafone partly pay their upfront amount
Successful spectrum bidders, including Bharti Airtel, Idea Cellular and Vodafone, have made over Rs 7,000 crore towards upfront payments -- a move that will help the government narrow its fiscal deficit target for the fiscal ending on Tuesday.
Mar 31, 2015, 17:21 PM IST
Bonds fall on govt's 2015-16 fiscal deficit target
The budget announced a fiscal deficit target of 3.9 percent of gross domestic product for the fiscal year starting in April, higher than an expected 3.6 percent.
Mar 02, 2015, 10:24 AM IST
Budget 2015: Govt likely to meet 4.1% fiscal deficit target, say analysts
As the BJP-led ruling coalition at the Centre gets ready to present its first full-fledged Budget, analysts said the government is most likely to meet its ambitious 4.1 percent fiscal deficit target, helped by lower oil prices.
Feb 23, 2015, 22:53 PM IST
Govt making efforts to stick to fiscal deficit target: Jaitley
He said the overall economic situation in the country is looking better and basic parameters of Indian economy are moving in the right direction.
Feb 09, 2015, 22:25 PM IST
CIL divestment: Trade unions to hold demonstrations
The union leaders said that their future course of action will be decided after discussing the matter with representatives of all central trade unions on this issue.
Jan 30, 2015, 00:24 AM IST
'Meeting fiscal deficit target of 4.1% looks challenging'
Meeting the budgeted fiscal deficit target of 4.1 percent of GDP for the current financial year looks "challenging", says Japanese brokerage firm Nomura.
Jan 01, 2015, 14:48 PM IST
Fiscal deficit in Apr-Nov touches 99% of full-year target
Reflecting tight financial position of the central government, fiscal deficit stood at Rs 5.25 lakh crore as of November-end almost touched 99 percent of the full year target of Rs 5.31 lakh crore.
Dec 31, 2014, 16:22 PM IST
Govt confident of achieving fiscal deficit target of 4.1%
The government is committed to containing fiscal deficit at 4.1 percent of the Gross Domestic Product (GDP) this fiscal, Minister of State for Finance Jayant Sinha said on Friday.
Dec 26, 2014, 16:35 PM IST
Fiscal deficit target 'challenging' but 'achievable': Citigroup
Government's fiscal deficit target of Rs 5.31 lakh crore is 'challenging' but 'achievable' thanks to lower crude oil prices and their impact on the subsidy bill, says a Citigroup report.
Oct 02, 2014, 21:47 PM IST
Meeting fiscal deficit target of 4.1% a tough task: Mayaram
After remaining at sub-5 percent in last two fiscal years, economic growth in the ongoing fiscal year is estimated to be between 5.4 and 5.9 percent.
Aug 04, 2014, 14:05 PM IST
Arun Jaitley promises to narrow fiscal deficit to 4.1%
Jaitley hoped that RBI might cut rates as inflation shows stable slowing down.
Aug 01, 2014, 12:31 PM IST
Union Budget 2014: Finance minister sparks confusion on fiscal deficit target
Traders said the contradiction had created confusion, although they said Jaitley may have misspoken.
Jul 10, 2014, 13:29 PM IST
