Fiscal Deficit Q1
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Fiscal Deficit Hits 21.2% Of Annual Target In First Quarter Of 2022-23
The central government's fiscal deficit touched 21.2 per cent of the annual target in the June quarter as against 18.2 per cent in the year-ago period, according to official data.
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April-June Fiscal Deficit Reaches 61% Of Budgetary Target
Central government's total expenditure stood at Rs 7.21 lakh crore (25.9 per cent of the budget estimates) and total receipts were Rs 2.89 lakh crore.
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GDP Data For Q1 To Be Released Today: 5 Things To Expect
India GDP: Reports are expecting the GDP growth to be 7.6 per cent.
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April-June Fiscal Deficit At Nearly 69% Of 2018-19 Target
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.
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Brokerages Trim GDP Target to 7.3% on Faltering Q1 Growth
The economics research department of State Bank of India said the dip in growth raises doubts over attaining the fiscal deficit target of 3.9 per cent and the government may have to either cut the spending or increase revenue by Rs 21,192 crore to avoid the target from slipping.
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Current Account Deficit Narrows Sharply to 1.7 Per Cent in Q1
India's current account deficit narrowed sharply to 1.7 per cent of GDP in the April-June quarter of the ongoing fiscal year mainly on account of reduction in trade deficit and a steep decline in gold imports.
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Fiscal Deficit in Q1 Hits 56% of Full-Year Target
The deficit was 48.4 percent during the comparable period in the previous fiscal year.
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Current account deficit seen under 2% in FY14: analysts
While the Q1 CAD, the difference between outflow and inflow of foreign exchange, stood at a high of 4.9 per cent, it improved to 1.2 per cent in Q2 and to 0.9 per cent, or $4.1 billion, in Q3 of the current fiscal from 6.5 per cent a year ago. In FY13, the gap was at a record high of 4.8 per cent, or $88 billion.
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Falling current account deficit to support rupee: Nomura
"The narrowing of the current account deficit in Q1 of FY13 highlights the reduced hurdle for rupee to perform. Indeed, given the ongoing strong momentum in domestic reforms, liberalisation, fiscal measures and global policy stimulus, we expect capital inflows to offset the dollar demand," the report said.
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Fiscal deficit falls 68% in Q1 on 3G money
The Centre's fiscal deficit fell by 68 per cent to Rs 40,196 crore during the April-June period year-on-year, on increased revenue receipts from the auction of 3G spectrum. The fiscal deficit, which represents excess government expenditure over its revenue, for the first quarter of the previous year was Rs 1,24,302 crore. The major fal...
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Fiscal Deficit Hits 21.2% Of Annual Target In First Quarter Of 2022-23
The central government's fiscal deficit touched 21.2 per cent of the annual target in the June quarter as against 18.2 per cent in the year-ago period, according to official data.
-
April-June Fiscal Deficit Reaches 61% Of Budgetary Target
Central government's total expenditure stood at Rs 7.21 lakh crore (25.9 per cent of the budget estimates) and total receipts were Rs 2.89 lakh crore.
-
GDP Data For Q1 To Be Released Today: 5 Things To Expect
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
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.
-
Brokerages Trim GDP Target to 7.3% on Faltering Q1 Growth
The economics research department of State Bank of India said the dip in growth raises doubts over attaining the fiscal deficit target of 3.9 per cent and the government may have to either cut the spending or increase revenue by Rs 21,192 crore to avoid the target from slipping.
-
Current Account Deficit Narrows Sharply to 1.7 Per Cent in Q1
India's current account deficit narrowed sharply to 1.7 per cent of GDP in the April-June quarter of the ongoing fiscal year mainly on account of reduction in trade deficit and a steep decline in gold imports.
-
Fiscal Deficit in Q1 Hits 56% of Full-Year Target
The deficit was 48.4 percent during the comparable period in the previous fiscal year.
-
Current account deficit seen under 2% in FY14: analysts
While the Q1 CAD, the difference between outflow and inflow of foreign exchange, stood at a high of 4.9 per cent, it improved to 1.2 per cent in Q2 and to 0.9 per cent, or $4.1 billion, in Q3 of the current fiscal from 6.5 per cent a year ago. In FY13, the gap was at a record high of 4.8 per cent, or $88 billion.
-
Falling current account deficit to support rupee: Nomura
"The narrowing of the current account deficit in Q1 of FY13 highlights the reduced hurdle for rupee to perform. Indeed, given the ongoing strong momentum in domestic reforms, liberalisation, fiscal measures and global policy stimulus, we expect capital inflows to offset the dollar demand," the report said.
-
Fiscal deficit falls 68% in Q1 on 3G money
The Centre's fiscal deficit fell by 68 per cent to Rs 40,196 crore during the April-June period year-on-year, on increased revenue receipts from the auction of 3G spectrum. The fiscal deficit, which represents excess government expenditure over its revenue, for the first quarter of the previous year was Rs 1,24,302 crore. The major fal...
