Fiscal Deficit

Rupee Loses 81 Paise Against US Dollar In Early Trade

Business | NDTV Profit Team | Monday September 17, 2018

In a key economic review meeting chaired by PM Narendra Modi over the weekend, the government announced several steps to control the fall in the rupee amid high crude oil prices.

States Set To Miss Fiscal Targets In FY19, Says ICRA

Business | Press Trust of India | Sunday September 16, 2018

Icra also estimates that Rs 1.3 trillion of SDLs are scheduled to be redeemed in FY19, much higher than Rs 0.8 trillion redeemed in FY18.

PM Happy With Economy, Says Finance Minister Arun Jaitley After Meeting

India News | Press Trust of India | Saturday September 15, 2018

The government will stick to the fiscal deficit target of 3.3 per cent this fiscal as it expects buoyant tax revenues and exceeding disinvestment target, Finance Minister Arun Jaitley said on Saturday.

Centre Confident Of High Growth, Meeting Fiscal Deficit Target: 10 Points

Business | Saturday September 15, 2018

Assuring that the effects of GST (Goods and Services Tax) are settling down and that consumption is picking up, Finance Minister Arun Jaitley said on Saturday that the economy will post a high growth or gross domestic product (GDP) this fiscal year. The comments from the finance minister came at a time when the rupee has been sinking to multiple lo...

Rupee To Breach 73 Mark By March 2019: UBS

Business | Press Trust of India | Monday September 10, 2018

Expecting pressures on BoP to continue till FY20, it revised its year-end rupee level estimate to 73 against the dollar, compared with the earlier 66.

GDP Growth To Surpass 7.5% In 2018-19: Finance Ministry

Business | Press Trust of India | Friday August 31, 2018

The fiscal deficit will not exceed 3.3 per cent of the GDP in 2018-19, said Economic Affairs Secretary S C Garg.

April-July Fiscal Deficit At 86.5% Of FY19 Target

Business | Thomson Reuters | Friday August 31, 2018

India expects to trim the deficit to 3.3% of GDP this fiscal year, after meeting an upwardly revised fiscal deficit target of 3.5% of GDP in 2017/18.

GDP Data For Q1 To Be Released Today: 5 Things To Expect

Business | NDTV Profit Team | Friday August 31, 2018

India GDP: Reports are expecting the GDP growth to be 7.6 per cent.

April-June Fiscal Deficit At Nearly 69% Of 2018-19 Target

Business | Thomson Reuters | Tuesday July 31, 2018

The government expects to trim the deficit to 3.3 per cent of GDP this fiscal year, after meeting an upwardly revised fiscal deficit target of 3.5 per cent of GDP in 2017-18.

Market Outlook: Monetary Policy, Macro-Data, Monsoon To Set Equity Indices' Course

Business | Indo-Asian News Service | Sunday July 29, 2018

Besides monetary policy, investors will look out for macro-economic data points such as the eight core industries' output and fiscal deficit numbers.

Government To Meet FY19 Fiscal Deficit Target: Piyush Goyal

Business | Indo-Asian News Service | Monday July 2, 2018

Piyush Goyal said this would be achieved on the back of robust revenue collection under the Goods and Services Tax (GST).

April-May Revenue Collection Stands At Rs 1.27 Lakh Crore

Business | NDTV Profit Team | Friday June 29, 2018

Out of the total expenditure, Rs.4,09,163 crore is on revenue account and Rs 63,791 crore on capital account

Government Committed To Meet Fiscal Deficit Target: Piyush Goyal

Business | Press Trust of India | Monday June 18, 2018

Fiscal deficit stood at 3.53% of the GDP, broadly in line with the government's revised estimates for 2017-18.

Piyush Goyal Says Government Committed To Meet Fiscal Deficit Target

India News | Press Trust of India | Monday June 18, 2018

The government is committed to meet the fiscal deficit target of 3.3 per cent for the current fiscal, interim Finance Minister Piyush Goyal said.

Fiscal Deficit Of States Falls By 25 Percent In Fiscal 2018: ICRA

Business | Press Trust of India | Sunday June 17, 2018

Fiscal deficit of 13 states sharply fell by 25.1 per cent to Rs 3.2 trillion in FY18 from Rs 4.3 trillion in FY17, partly on account of the contraction in capital spending