Monday, Mar 30, 2020 | Last Update : 01:04 PM IST

fiscal deficit

Economy close to collapse, fear in country: Chidambaram

Fiscal deficit was targeted to shrink to 3.3 per cent of the GDP but ended at 3.8 pc and in the next fiscal it is being targeted at 3.5 pc.

11 Feb 2020 10:03 AM

Fiscal deficit target raised to 3.8 pc from 3.3 pc for FY20

This fiscal path commits us to the path of fiscal consolidation without compromising the needs of investment out of public funds.

01 Feb 2020 2:48 PM

Govt likely to fund some USD 28 bn of expenditure via off-budget borrowings: sources

India’s committed spending, excluding capital spending, could be targeted at near 27 trillion rupees for the next fiscal year.

24 Jan 2020 10:50 AM

RBI to hold rates on inflation concerns, fiscal boost likely: report

The RBI was forecast to next cut rates by 25 basis points to 4.90 per cent in the October-December quarter.

23 Jan 2020 1:14 PM

Indian bonds gain as RBI widens special open market operation

Market participants broadly expect the government to announce a 0.4 per cent-0.6 per cent slippage in fiscal deficit.

04 Jan 2020 12:29 PM

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Fiscal deficit hits 102 per cent of Budget estimate till Oct

The government has pegged its total expenditure for 2019-20 at Rs 27.86 lakh crore.

29 Nov 2019 7:41 PM

Govt will be forced to slash spending this year too: Crisil

GDP growth slipped to 5 per cent in the first quarter, is expected to be worst in the second quarter- sub 5 per cent.

16 Nov 2019 10:43 AM

Fitch raises India's FY20 fiscal deficit forecast to 3.6 pc of GDP

The move is estimated to result in Rs 1.45 lakh crore in revenue loss for the government during FY2019-20.

06 Nov 2019 12:20 PM

Govt says no plans to revise fiscal deficit target or cut spending now

Govt cut corporate tax rates in a surprise move designed to woo manufacturers, revive private investment and lift growth from a 6-year low.

23 Sep 2019 10:58 AM

Fiscal deficit crosses 77 pc of budgeted target in first 4 months of 2019-20

The government has set a fiscal deficit target of 3.4 per cnet for 2019-20, same as 2018-19.

30 Aug 2019 4:23 PM

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As Imran completes a yr in power, Pak's fiscal deficit on 3-decade high

The deficit increased to 8.9 per cent of Pakistan's gross domestic product in the year that ended in June.

28 Aug 2019 10:50 AM

India bonds at three-week high, rupee gains after RBI payout to govt

The surplus transfer has assured investors and markets that there is unlikely to be any fiscal slippage.

27 Aug 2019 2:05 PM

Govt announces raft of measures to boost economy; more steps on anvil

The government has set fiscal deficit target of 3.3 per cent of the GDP for the current fiscal.

24 Aug 2019 12:03 PM

India's fiscal scene has never been better in 300 years: Narayana Murthy

According to the Forbes magazine, the number of billionaires in India is increasing.

23 Aug 2019 11:36 AM

India's bond rally fizzles on government spending fears

Indian banks have been reluctant to fully pass on the benefit of the policy rate cuts to their borrowers.

14 Aug 2019 12:19 PM

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RBI capital transfer: Jalan panel likely to get extension to finalise report

As per various estimates, the RBI has over Rs 9 lakh crore of surplus capital with it.

01 Aug 2019 10:11 AM

Govt committed to fiscal consolidation, boost investment in social sector: Sitharaman

She said that the amount of money spent on central government schemes was higher two years after the implementation of GST.

10 Jul 2019 4:45 PM

India aims to cut stake in state-run firms to minimum in FY20: Source

Government seeks to shore up 1.05 trillion rupees (USD 15.30 billion) through stake sales in the current fiscal year.

08 Jul 2019 12:21 PM

Govt duty bound to achieve fiscal deficit of 3 pc as per law: FM

In Budget presented on Friday, government lowered the fiscal deficit target to 3.3 pc of the GDP for 2019-20.

07 Jul 2019 6:00 PM

Budget 2019 puts onus on RBI to spur growth

In the fourth quarter of the fiscal year to last March 31, economic growth slumped to 5.8 per cent, the slowest pace in 20 quarters.

06 Jul 2019 12:24 PM

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