January 03, 2024 4:09 pm
Healthy tax collections, lower spending, could ensure that government adheres to the target
November 16, 2023 1:36 am
Concerns have risen about nominal GDP growth not meeting the Budget assumption of 10.5 per cent as wholesale inflation has been negative for seven consecutive months.
October 31, 2023 11:29 pm
Capital expenditure continued to surge, with the government reaching 49 per cent or Rs 4.9 lakh crore during April-September, the first of the half of the financial year, out of its overall Budget target of Rs 10 lakh crore for 2023-24.
October 20, 2023 10:37 am
Earlier, this month, India hiked the cooking gas subsidy for low income households to 300 rupees per cylinder from 200 rupees announced in August.
September 08, 2023 11:15 am
Our plea is to stop trying to envision better ways of Parliament writing a fiscal responsibility law. New ideas are needed
May 07, 2021 2:41 pm
The government is targeting a deficit between revenue it earns and what it spends at 6.8 per cent of the gross domestic product (GDP) in FY22 (April 2021 to March 2022).
December 20, 2019 6:12 pm
Speaking at the 92nd Annual Convention of Ficci, IMF Chief Economist Gita Gopinath said that in the past few quarters, there has been a steep slowdown in private sector demand and there is now weakness in investment.
August 01, 2018 1:06 am
While the government finances have show improvement, analysts note that various fiscal concerns still persist for the central government. The target for fiscal deficit, which is the gap between the total expenditure and receipts, for the full fiscal year is Rs 6.24 lakh crore.
March 01, 2018 3:10 pm
The government has accounted for only 11-month of GST against 12-month of expenses as March GST numbers would come in April. Fiscal deficit has touched Rs 6.77 lakh crore at the end of January 2018, 113.7 per cent of the target for the year, on account of higher expenditure.
February 16, 2018 11:46 am
The IMF noted that India is returning to the path of gradual fiscal consolidation. Last month, the IMF in its World Economic Outlook update released in Davos, Switzerland, projected a 7.4 per cent GDP growth for India in 2018 and 7.8 per cent in 2019.



