fiscal deficit
High fiscal deficit not good news
India, according to the International Monetary Fund has a fiscal deficit that is among the highest in the G-20 countries.
Fiscal deficit breaches FY18 target at November-end
During the same period of 2016-17, the deficit stood at 85.8 per cent of that year's target.
FPIs' net outflow from equities at Rs 7,300 cr in Dec so far
Fiscal deficit data overshadowed a strong GDP growth of 6.3 per cent for September quarter.
Q2 growth marks reversal of declining trend: Jaitley
Indian economy bounced back from a 3 year low to expand by 6.3 pc in July-Sept compared to 5.7 pc in April-June.
'GDP growth in FY'19 likely to see marginal pick up at 7.2 per cent'
Public investment is also constrained by a strict 3.2 per cent of GDP center's fiscal deficit target in FY18-19.
Intend to move on track on fiscal deficit glide path: Jaitley
Government has budgeted to bring down fiscal deficit to 3.2 per cent of GDP in 2017-18.
Fiscal deficit hits 96 per cent of India's total budget estimate in October
India's fiscal deficit at the end of October hit 96.1 per cent of the budget estimate for 2017- 18. (Photo: PTI/Representational)
Divestment plan, GST to reduce government's fiscal woes
The report said the government's divestment strategy has a potential to generate Rs 1 trillion.
Recapitalisation plan positive for banks' ratings: Fitch
Govt recently announced to infuse Rs 2.1 trillion in state-run lenders over a two-year period.
GST have been biggest growth contributors: Subhash Garg
Government is unlikely to overshoot its target of 3.2 per cent fiscal deficit at the end of the current fiscal year.