fiscal deficit

The govt should be able to meet the fiscal deficit target of 6.4 per cent of GDP in 2022-23 without having to cut capital expenditure, Finance Secretary TV Somanathan on Wednesday. The secretary was interacting with the media after the…

NEW DELHI: The central government's fiscal deficit touched 20.5 per cent of the annual target at the end of July 2022-23 against 21.3 per cent a year ago, reflecting improvement in public finance, as per official data released on…

India's fiscal deficit for the first four months of this fiscal year through July stood at 3.41 lakh crore rupees, or 20.5% of annual estimates, government data showed today. The fiscal deficit narrowed from 21.3% reported in the…

India likely recorded strong double-digit economic growth in the last quarter but economists polled by Reuters expected the pace to more than halve this quarter and slow further toward the end of the year as interest rates rise. Asia's…

The report by the Research Ecowrap said that India's fiscal deficit in the current financial year is expected to come around 6.5 per cent, as against the budget estimate of 6.4 per cent. "Furthermore, higher nominal GDP will provide a…

NEW DELHI: India's fiscal deficit for the three months through June rose lower-than expected to Rs 3.5 lakh crore ($44.17 billion), helped by a lower spending on subsidies and higher tax collections, government data showed on Friday. Tax…

India's fiscal deficit for the first three months of this fiscal year through June stood at 3.52 trillion rupees, or 21.2% of annual estimates, government data showed. The fiscal deficit widened from 18.2% reported in the comparable…

The government will closely watch its spending to complement RBI's measures to contain inflation and manage the external account amid capital outflows, officials told ET. The finance ministry will tell ministries and departments not to…

The government is confident of meeting its fiscal deficit target, after the recent measures taken by it including the imposition of a windfall tax on the export of fuels and increase in the import duty on gold. It expects the revenue…

India's macroeconomic fundamentals are strong to deal with global challenges and the central government is committed to stick to the fiscal deficit target of 6.4 per cent of the GDP for the current fiscal, sources said on Monday. The…