fiscal deficit

The central government's fiscal deficit at the end of May stood at 12.3 per cent of the annual budget target for 2022-23, mainly due to higher expenditure, as per the official data released on Thursday. The fiscal deficit was at 8.2 per…

NEW DELHI/MUMBAI: The government will not be able to cut its budget deficit this fiscal year as previously projected, officials said, but will seek to cap the shortfall at last year's level to prevent a major deterioration in public…

India's government will not be able to cut its budget deficit this fiscal year as previously projected, officials said, but will seek to cap the shortfall at last year's level to prevent a major deterioration in public finances. Efforts…

NEW DELHI: India faces nearterm challenges which need to be managed carefully without sacrificing hard-earned macro-economic stability, the finance ministry said in its monthly economic report. It asserted that the country faces a low…