Fiscal Deficit

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...

Not Vote On Account But Account For Votes: P Chidambaram

India News | Indo-Asian News Service | Friday February 1, 2019

The senior Congress leader claimed that the government had missed the fiscal deficit target, as warned by him earlier.

Government Misses Fiscal Deficit Target; Pegs At 3.4% For Current Fiscal

Business | Press Trust of India | Friday February 1, 2019

Deficit target: The goals for the current financial year and the coming financial year are both estimated at 3.4 per cent. From the high of almost 6 per cent seven years ago, the government has said it has brought fiscal deficit down to 3.4 per cent in 2018-19 (Revised Estimate).

Government To Breach Fiscal Deficit Target For 2018-19

Business | Thomson Reuters | Friday February 1, 2019

The deficit was widely expected to be higher than targeted due to a combination of revenue shortfalls and increased spending ahead of the election.

Minister Of State Railways Expects More Investment

Business | ANI | Friday February 1, 2019

Minister of State for Railways Manoj Sinha on Friday morning said that he was expecting more investment in railways from the Interim Budget for 2019-20.

Interim Budget Copies Reach Parliament

Business | ANI | Friday February 1, 2019

Finance Minister Piyush Goyal, who examined the final copy of the interim budget document on Thursday evening here, will present the budget in the Lok Sabha at 11 am.

"Narendra Modi Government To Take Care Of All": Shiv Pratap Shukla Hits At Populist Measures Ahead Of Budget

Business | NDTV Profit Team | Friday February 1, 2019

The interim budget is widely expected to feature big announcements ahead of the national election, due by May. It is the last chance for the ruling BJP to win over the masses, especially sections like farmers and the middle class, after it lost three major states - Madhya Pradesh, Rajasthan and Chhattisgarh -- in last month's elections.