Fiscal deficit

RBI says 'reasonably comfortable' with current account deficit

The Reserve Bank of India is "reasonably comfortable" with the current account deficit because of lower oil prices, deputy governor H. R. Khan said.

Dec 03, 2014, 15:14 PM IST

Weekly review: Sensex, Nifty continue record-breaking run

Interest rates related shares from realty, banking and auto were in keen demand on hopes of rates cut.

Nov 29, 2014, 16:25 PM IST

Fiscal deficit at 90% of Budget Estimates in end Oct

Net tax receipts in the first seven months (April-October) of the current fiscal stood at over Rs 3.68 lakh crore, or 37.7 per cent of the BE

Nov 28, 2014, 16:10 PM IST

Fiscal deficit target of 4.1% challenging but achievable: Citi

As per the official data, fiscal deficit has touched 82.6 percent of budget estimates for 2014-15 to cross Rs 4.38 lakh crore at the end of September.

Nov 03, 2014, 15:03 PM IST

Higher tax refunds putting pressure on fiscal deficit: Jaitley

"It would be challenging to achieve indirect tax aim. Direct tax target would be achievable. We would strive to achieve fiscal deficit aim for this fiscal," Jaitley said.

Oct 31, 2014, 16:50 PM IST

Fiscal deficit nears 83% of Budget estimates in end Sept

Fiscal deficit touched 82.6 percent of the Budget Estimates for 2014-15 to cross Rs 4.38 lakh crore at the end of September.

Oct 31, 2014, 15:52 PM IST

Fiscal deficit target 'challenging' but 'achievable': Citigroup

Government's fiscal deficit target of Rs 5.31 lakh crore is 'challenging' but 'achievable' thanks to lower crude oil prices and their impact on the subsidy bill, says a Citigroup report.

Oct 02, 2014, 21:47 PM IST

Fiscal deficit touches 75% of Budget Estimates in August

Fiscal deficit touched 74.9 percent of the Budget Estimates for 2014-15 to cross Rs 3.97 lakh crore at the end of August.

Sep 30, 2014, 21:38 PM IST

Softening crude prices to help meet fiscal deficit target

Moderating crude oil prices in the international market will help the government in meeting the current year's fiscal deficit target of 4.1 percent of GDP which was earlier described as a 'very difficult task' by Finance Minister Arun Jaitley.

Sep 22, 2014, 18:19 PM IST

India pitches for rating upgrade, says will keep fiscal in check

Pitching for the country's rating upgrade, Finance Ministry officials on Monday informed credit ratings agency Moody's that the Budget 2014-15 has provided an impetus to growth and the government is taking steps to keep the fiscal deficit under check.

Sep 08, 2014, 17:19 PM IST

High fiscal deficit, inflation cap rating upgrade: Moody's

Rating agency Moody's on Wednesday said high fiscal deficit and sticky inflation limit chances of an upward revision in the country's sovereign ratings.

Sep 03, 2014, 15:08 PM IST

Current account deficit narrows sharply to 1.7% in Q1

India's Current Account Deficit narrowed sharply to 1.7 percent of GDP in the April-June quarter of this fiscal mainly on account of reduction in trade deficit, and a steep decline in gold imports.

Sep 01, 2014, 18:39 PM IST

April-July fiscal deficit at $53.7 billion

During the April-July period of 2013-14 fiscal, the deficit was 62.8 percent of Budget Estimates (BE) of that year.

Aug 29, 2014, 17:13 PM IST

India Ratings ups GDP growth estimate to 5.7%, predicts fiscal slippage

The agency said industrial growth will improve to 5.1 percent as against the earlier estimate of 4.1 percent.

Aug 07, 2014, 16:01 PM IST

Spending cut may not adversely impact growth: Goldman Sachs

Experts have for long been arguing about a possible re-allocation of resources for capital spending rather than current spending, to boost the growth.

Aug 06, 2014, 22:12 PM IST

Fiscal deficit of 4.1% an ambitious target: Rajan

Reserve Bank Governor Raghuram Rajan on Wednesday said 4.1 percent fiscal deficit goal set by the government for the current fiscal is an "ambitious target".

Aug 06, 2014, 16:25 PM IST

Meeting fiscal deficit target of 4.1% a tough task: Mayaram

After remaining at sub-5 percent in last two fiscal years, economic growth in the ongoing fiscal year is estimated to be between 5.4 and 5.9 percent.

Aug 04, 2014, 14:05 PM IST

Fiscal deficit in Q1 at 56.1% of Budget estimates for FY'15

During the April-June period of 2013-14 fiscal, the deficit was 48.4 percent of Budget Estimates.

Jul 31, 2014, 19:31 PM IST

India's April-June fiscal deficit stands at $49.2 billion

The deficit was 48.4 percent during the comparable period in the previous fiscal year.

Jul 31, 2014, 17:49 PM IST

Finance secretary Mayaram defends 4.1% fiscal deficit target

Finance Secretary Arvind Mayaram said that plans announced in this week`s budget to stick to a fiscal deficit target of 4.1 percent of GDP are "very credible", despite criticism from ratings agencies that the number is optimistic.

Jul 12, 2014, 17:46 PM IST