Fiscal Deficit

Next Government Seen Relying On RBI Rate Cuts To Spur Growth: Report

Business | Thomson Reuters | Wednesday May 15, 2019

The government has a fiscal deficit target of 3.4 per cent of gross domestic product for 2019-20. While the RBI is likely to be open to more policy easing, provided inflation does not surge, their impact on economic activity may be limited, given debts burdening India's state banking sector.

Crude Oil, Marco Data, Corporate Earnings To Impact Equity Indices: Experts

Business | Indo-Asian News Service | Sunday April 28, 2019

Additionally, investors will look out for upcoming macro-economic data points such as the eight core industries' (ECI) output, the country's fiscal deficit numbers and PMI manufacturing figures which will be released during the week starting April 29.

Government Meets Fiscal Deficit Target Of 3.4% For 2018-19

Business | Press Trust of India | Tuesday April 9, 2019

The interim Budget presented in February revised upward the fiscal deficit target to 3.4 per cent from 3.3 per cent of GDP estimated earlier for 2018-19.

"Modinomics" Is A Flop Says Congress, Claims 134% Fiscal Deficit Rise

India News | Press Trust of India | Saturday March 30, 2019

The Congress on Saturday said the Modi government was set to borrow Rs 7.1 lakh crore and cited that the fiscal deficit had risen to 134 per cent in the first 11 months of the current financial year.

Government To Borrow Rs 4.42 Lakh Crore In First Half Of Next Fiscal: Finance Ministry

Business | Press Trust of India | Friday March 29, 2019

Economic Affairs Secretary Subhash Chandra Garg said gross borrowing will be Rs 4.42 lakh crore during April-September 2019-20.

April-February Fiscal Deficit At 134% Of Financial Year Target

Business | Thomson Reuters | Friday March 29, 2019

Earlier in February, while presenting the annual budget for 2019/20, the government had revised upward its fiscal deficit target to 3.4 per cent of GDP for the current fiscal year from the previously estimated 3.3 per cent budgeted target.

April-January Fiscal Deficit At 121.5% Of Full-Year Target

Business | Thomson Reuters | Tuesday February 26, 2019

Earlier this month, while presenting the annual budget for 2019-20, the government had revised upward its fiscal deficit target to 3.4 per cent of GDP for the current fiscal year.

GDP Data, Derivatives Expiry May Trigger Volatility In Equities: Experts

Business | Indo-Asian News Service | Sunday February 24, 2019

Besides, crucial data points on the country's fiscal deficit, Index of Eight Core Industries and the quarterly GDP growth rate will be keenly watched by the market participants.

Delhi Government's Debt Problem "Well Under Control": Economic Survey

Delhi News | Press Trust of India | Saturday February 23, 2019

The Delhi government's debt burden was "well under control" and the projected fiscal deficit for 2018-19 was Rs 3,164.45 crore, according to the Economic Survey 2018-19 tabled in the Assembly on Saturday.

Piyush Goyal Favours Printing Currency To Finance Deficit

Business | Indo-Asian News Service | Sunday February 10, 2019

The fiscal deficit estimate for the current year has been revised upwards to 3.4 per cent of the gross domestic product (GDP).

Government To Borrow Additional Rs 36,000 Crore In 2018-19

Business | Indo-Asian News Service | Tuesday February 5, 2019

With Rs 36,000 crore additional borrowings, the government will now raise a total of Rs 96,000 crore in the remaining period of the fiscal year.

Rupee Logs Steepest Single-Day Fall In Over A Month

Business | NDTV Profit Team | Monday February 4, 2019

Extending its decline to a second consecutive session, the rupee fell by 56 paise or 0.8 per cent on Monday to end at 71.80 versus the US dollar. The yield on 10-year bond rose 3 basis points to 7.41 per cent from 7.38 per cent on Friday. The rupee and bonds came under pressure after credit rating agency Moody's said that the inability to meet fisc...

April-December Fiscal Deficit At 112% Of Full-Year Target

Business | Thomson Reuters | Monday February 4, 2019

In April-November, the country's fiscal deficit was Rs 7.17 lakh crore, or about 115 per cent of the budgeted target.

Despite Fiscal Target Miss, Foreign Investors To Remain Interested In Equity Market: Report

Business | Indo-Asian News Service | Saturday February 2, 2019

The report cautioned against the trend of maintaining target at 3.4%, as it can revive risk of rising inflation and interest rates in medium term.

Budget 2019: Government Pegs Fiscal Deficit At 3.4% In 2019-20 - 10 Points

Business | NDTV Profit Team | Friday February 1, 2019

Budget 2019: The government has pegged the fiscal deficit target at 3.4 per cent of gross domestic product (GDP) for financial year 2019-20, Union Minister Piyush Goyal said on Friday. "We would have maintained fiscal deficit at 3.3 per cent for year 2018-19 and taken further steps to consolidate fiscal deficit in year 2019-20," Mr Goyal said while...