Fiscal deficit breaches FY18 target at November-end
During the same period of 2016-17, the deficit stood at 85.8 percent of that year's target.
Dec 29, 2017, 16:16 PM IST
Modi govt likely to miss fiscal deficit target after additional borrowing
Analysts said the additional borrowing was a "negative" that could raise the fiscal deficit to 3.5 percent of gross domestic product, against Finance Minister Arun Jaitley's stated target of 3.2 percent.
Dec 27, 2017, 19:34 PM IST
Fiscal deficit crosses 96% of FY18 target at Oct-end
For 2017-18, the government aims to bring down the fiscal deficit to 3.2 percent of GDP.
Nov 30, 2017, 21:20 PM IST
Exports down 1.12% in October; trade deficit balloons
Trade deficit widened to USD 14 billion during the month under review as against USD 11.13 billion in October 2016.
Nov 14, 2017, 17:52 PM IST
Govt likely to stick to deficit target, may step up bank reform
Growth slipped to its lowest level in three years in the first quarter, logging an annual rate of 5.7 percent, but Bhalla said there were signs of recovery in the economy.
Oct 17, 2017, 15:00 PM IST
Economic slowdown is real, not just technical: SBI Research
The report said continuing slowdown has "raised the spectre of whether slowdown is temporary or not" but stopped short of answering the question.
Sep 19, 2017, 15:45 PM IST
India eyes spending cuts as glitches in GST hit revenue
Tax receipts were about USD 7.8 billion in July - a little over half the monthly target - mostly because millions of firms failed to comply with the new Goods and Services Tax (GST) system that harmonises all state and central sales taxes but is still a work in progress.
Sep 18, 2017, 18:44 PM IST
Fiscal deficit touches 92.4% of budget estimates at July-end
For 2017-18, the government aims to bring down the fiscal deficit to 3.2 percent of the GDP.
Aug 31, 2017, 17:27 PM IST
States may gain Rs 350-450 billion in revenue post GST: StanChart
States can look at a higher revenue of Rs 350-450 billion after GST implementation in mid-2017, says a Standard Chartered report.
May 30, 2017, 13:26 PM IST
'Credit profile to improve if India sticks to fiscal path'
Moody's Investors Service on Friday said India's credit profile would improve if it follows the fiscal discipline path and set up a fiscal council as recommended by the FRBM panel.
Apr 14, 2017, 13:55 PM IST
Keep fiscal deficit at 3% till March 2020, says FRBM panel
The government should target a fiscal deficit of 3 percent of the GDP in years up to March 31, 2020, the Fiscal Responsibility and Budget Management (FRBM) Committee has recommended.
Apr 12, 2017, 19:38 PM IST
Fiscal deficit overshoots full-year target in January
India's fiscal deficit touched Rs 5.64 lakh crore at the end of January, 105.7 percent of the full-year target, mainly due to lower realisation of non-tax revenue.
Feb 28, 2017, 20:01 PM IST
Budget 2017 maintains fiscal prudence sans spending cuts: FM Jaitley
Constrained by the need for fiscal prudence, Budget 2017-18 continues on the path of fiscal consolidation without compromising on India's public expenditure, Finance Minister Arun Jaitley said on Friday.
Feb 03, 2017, 17:42 PM IST
New income disclosure scheme to fund Pay Commission, PSU banks' recapitalisation: BofA-ML
The government is expected to raise Rs 1,00,000 crore of additional taxes under the Income Disclosure Scheme II (IDS II), which in turn will help in containing the 2017-18 fiscal deficit, says a report.
Dec 29, 2016, 13:41 PM IST
Fiscal deficit in April-October at 79.3% of full year estimate
India's fiscal deficit during the seven months to October was Rs 4.24 trillion (USD 61.91 billion), or 79.3 percent of the budgeted target for the fiscal year ending in March 2017, government data showed on Wednesday.
Nov 30, 2016, 16:30 PM IST
India's April-July fiscal deficit at Rs 3.93 lakh crore
Fiscal deficit in the first four months of the current financial year stood at Rs 3.93 lakh crore, or 73.3 percent of the Budget estimates for 2016-17.
Aug 31, 2016, 18:10 PM IST
Govt achieves 3.9% fiscal deficit target in 2015-16
Government on Tuesday said it has achieved the fiscal deficit target of 3.9 percent of GDP in 2015-16.
May 31, 2016, 20:06 PM IST
Economic Survey: Containing fiscal deficit a challenge next fiscal
Government will be able to achieve the fiscal deficit target of 3.9 percent in the current fiscal, but containing it in 2016-17 will be a challenge on account of additional outgo towards 7th Pay Commission and a slowing global economy.
Feb 26, 2016, 14:48 PM IST
Fiscal deficit target likely to be 3.7% for FY17: DBS
The pace of fiscal tightening is likely to slow down next fiscal, with the government's deficit target expected to be higher at 3.7 percent of GDP, says a DBS report.
Feb 23, 2016, 19:35 PM IST
'Govt can breach fiscal deficit target to fund infrastructure'
The fiscal consolidation roadmap laid out by Jaitley had estimated fiscal deficit to come down to 3.9 percent in current fiscal and further to 3.5 percent next fiscal.
Feb 12, 2016, 22:00 PM IST
