India Fiscal Target
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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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"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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'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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Country On Track To Achieve 4.5% Fiscal Deficit, Says Finance Minister
Union Finance Minister Nirmala Sitharaman has said the government is on track to achieve the target of 4.5 per cent fiscal deficit by 2025-26.
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Rupee At All-Time Low, Finance Ministry Sources Say Not Due To Economy
Despite the decision to extend the free ration scheme for the seventh time, the fiscal deficit will still meet the budget target of 6.4 per cent of the GDP for this year, a Finance Ministry official added.
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India's PLI Schemes Reduced Dependency on Mobile Imports by 33 Percent in FY22: Report
India's phased manufacturing programme and the production-linked incentive scheme have helped to cut mobile imports by 33 percent in fiscal 2022, while local production was pushed up by around 26 percent during the year, says Crisil report. India reportedly has negligible share (under 1 percent) in global supplies
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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.
-
"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.
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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
-
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.
-
Country On Track To Achieve 4.5% Fiscal Deficit, Says Finance Minister
Union Finance Minister Nirmala Sitharaman has said the government is on track to achieve the target of 4.5 per cent fiscal deficit by 2025-26.
-
Rupee At All-Time Low, Finance Ministry Sources Say Not Due To Economy
Despite the decision to extend the free ration scheme for the seventh time, the fiscal deficit will still meet the budget target of 6.4 per cent of the GDP for this year, a Finance Ministry official added.
-
India's PLI Schemes Reduced Dependency on Mobile Imports by 33 Percent in FY22: Report
India's phased manufacturing programme and the production-linked incentive scheme have helped to cut mobile imports by 33 percent in fiscal 2022, while local production was pushed up by around 26 percent during the year, says Crisil report. India reportedly has negligible share (under 1 percent) in global supplies
