Fiscal Targets
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Fiscal Deficit 4.3% Of GDP In FY27, Capex At Rs 12.2 Lakh Crore: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman on Sunday announced that the fiscal deficit for fiscal year 2027 is estimated at 4.3% of India's GDP, in line with the government's plan to bring down the deficit below 4.5% by 2025-26.
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Capex Up, Tax Holiday For Data Centres, Cheaper Cancer Drugs: Nirmala Sitharaman's Budget
In a 124-minute speech - after which the Sensex crashed by over 1,600 points before recovering slightly- Finance Minister Nirmala Sitharaman announced increased capex of Rs 12.2 lakh crore for FY27 and targeted fiscal deficit of 4.3 per cent of GDP.
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Pakistan's Debt Crosses 70% Of GDP As Fiscal Deficit Blows Past Target
Pakistan's finance ministry has admitted that "public debt dynamics remained a key challenge" during the last fiscal year, as the increase in total public debt was "driven mainly by higher interest payments and exchange rate movements".
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"State Splurging On Freebies Important Matter To Examine": Chief Justice
Chief Justice Surya Kant on Wednesday observed that the states splurging on freebies is an "important matter to examine" amid concerns that poorly targeted subsidies could create unsustainable fiscal burdens for future generations.
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Centre's Fiscal Deficit Crosses 62% Of Full-Year Budget Target In November
The Centre's fiscal deficit at the end of November stood at Rs 9.76 lakh crore, or 62.3 per cent of the annual budget target for 2025-26, compared to 52.5 per cent in the year-ago period, according to government data released on Wednesday.
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Apple CEO Tim Cook Forecasts Holiday Quarter iPhone Sales That Top Wall Street Estimates
Apple CEO Tim Cook announced holiday quarter forecasts that beat Wall Street expectations, driven by strong demand for iPhone 17 models despite supply constraints and shipping delays to China. Although iPhone sales missed fiscal Q4 targets, Apple compensated with robust performance in other areas, including AI-powered AirPods that translate languag...
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Nintendo Aims to Make 25 Million Switch 2 Units by March 2026 to Set Gaming History
Nintendo is likely to comfortably surpass analysts’ estimates for sales of 17.6 million devices in the fiscal year ending March, let alone its own much lower public forecast, the people said, asking not to be named discussing private plans. Nintendo can be expected to sell roughly 20 million units of the Switch 2 this fiscal year.
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'Spurt In Consumption To Meet Fiscal Deficit Target Of 4.4%': Nirmala Sitharaman
Finance Minister Nirmala Sitharaman has expressed confidence that revenue buoyancy driven by spurt in consumption will take care of the estimated GST shortfall of Rs 48,000 crore following reduction in tax rates on a host of items
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Pakistan Misses 3 Out Of 5 IMF Targets Before 2nd Review Of $7 Billion Loan
Pakistan has missed three out of the five targets set by the International Monetary Fund (IMF) for the second review of the USD 7 billion bailout package, a media report said on Wednesday.
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Akasa Air To See Over 200 Boeing Deliveries Over The Next Years
Akasa Air expects a pick up in plane deliveries from Boeing over the coming years and to reach its target for a fleet of 226 aircraft by 2032, up from 30 currently, chief financial officer Ankur Goel said on Tuesday.
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Fiscal Deficit 4.3% Of GDP In FY27, Capex At Rs 12.2 Lakh Crore: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman on Sunday announced that the fiscal deficit for fiscal year 2027 is estimated at 4.3% of India's GDP, in line with the government's plan to bring down the deficit below 4.5% by 2025-26.
-
Capex Up, Tax Holiday For Data Centres, Cheaper Cancer Drugs: Nirmala Sitharaman's Budget
In a 124-minute speech - after which the Sensex crashed by over 1,600 points before recovering slightly- Finance Minister Nirmala Sitharaman announced increased capex of Rs 12.2 lakh crore for FY27 and targeted fiscal deficit of 4.3 per cent of GDP.
-
Pakistan's Debt Crosses 70% Of GDP As Fiscal Deficit Blows Past Target
Pakistan's finance ministry has admitted that "public debt dynamics remained a key challenge" during the last fiscal year, as the increase in total public debt was "driven mainly by higher interest payments and exchange rate movements".
-
"State Splurging On Freebies Important Matter To Examine": Chief Justice
Chief Justice Surya Kant on Wednesday observed that the states splurging on freebies is an "important matter to examine" amid concerns that poorly targeted subsidies could create unsustainable fiscal burdens for future generations.
-
Centre's Fiscal Deficit Crosses 62% Of Full-Year Budget Target In November
The Centre's fiscal deficit at the end of November stood at Rs 9.76 lakh crore, or 62.3 per cent of the annual budget target for 2025-26, compared to 52.5 per cent in the year-ago period, according to government data released on Wednesday.
-
Apple CEO Tim Cook Forecasts Holiday Quarter iPhone Sales That Top Wall Street Estimates
Apple CEO Tim Cook announced holiday quarter forecasts that beat Wall Street expectations, driven by strong demand for iPhone 17 models despite supply constraints and shipping delays to China. Although iPhone sales missed fiscal Q4 targets, Apple compensated with robust performance in other areas, including AI-powered AirPods that translate languag...
-
Nintendo Aims to Make 25 Million Switch 2 Units by March 2026 to Set Gaming History
Nintendo is likely to comfortably surpass analysts’ estimates for sales of 17.6 million devices in the fiscal year ending March, let alone its own much lower public forecast, the people said, asking not to be named discussing private plans. Nintendo can be expected to sell roughly 20 million units of the Switch 2 this fiscal year.
-
'Spurt In Consumption To Meet Fiscal Deficit Target Of 4.4%': Nirmala Sitharaman
Finance Minister Nirmala Sitharaman has expressed confidence that revenue buoyancy driven by spurt in consumption will take care of the estimated GST shortfall of Rs 48,000 crore following reduction in tax rates on a host of items
-
Pakistan Misses 3 Out Of 5 IMF Targets Before 2nd Review Of $7 Billion Loan
Pakistan has missed three out of the five targets set by the International Monetary Fund (IMF) for the second review of the USD 7 billion bailout package, a media report said on Wednesday.
-
Akasa Air To See Over 200 Boeing Deliveries Over The Next Years
Akasa Air expects a pick up in plane deliveries from Boeing over the coming years and to reach its target for a fleet of 226 aircraft by 2032, up from 30 currently, chief financial officer Ankur Goel said on Tuesday.
