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Fiscal deficit touches 31.1% of annual target at end-August
The government estimates a deficit of 6.8% of GDP, or Rs 15,06,812 crore, in the current fiscal year.
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Govt to borrow Rs 5.03 lakh crore in the second half of FY22
Gross borrowings includes repayments of past loans. For the next financial year, repayment for past loans has been pegged at Rs 2.80 lakh crore
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ADB forecast India’s economic growth to 10%
The revised forecast showed a 1% decline due to the ill effects of the second wave of the Covid-19 pandemic.
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Fiscal deficit of state’s to moderate to 4.1% of GDP
The agency mentioned in the report that it expects the aggregate fiscal deficit of Indian states to moderate to 4.1% of the gross domestic product.
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India's GDP growth expected to be 8.8-9%: Care Ratings
GDP growth for the year (FY22) is expected to be 8.8-9% with GVA (gross value added) growth of 7.8%.
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India Inc trimmed employee cost by 3% in FY21: SBI report
Corporate tax collections helped the Centre contain fiscal deficit to only Rs 1.2 lakh cr in April-May 2021 in place of Rs 3.5 lakh cr last year
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"Choose fixed income assets for safety, liquidity"
It would be extremely difficult for the RBI to keep interest rates low if inflation remains elevated
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Draft cabinet note floated for 100% FDI in oil PSUs approved for disinvestment: Sources
The move, if approved by the union cabinet, would facilitate privatisation of India's second biggest oil refiner Bharat Petroleum Corp Ltd.
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Should govt print money to finance an expanded deficit?
Borrowing directly from the RBI, bypassing the market, to finance expanded deficit is best avoided, despite some influential calls to the contrary
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Fiscal deficit for 2020-21 at 9.3% of GDP: Govt data
The government in the revised estimates in the Budget for 2021-22 forecast a higher fiscal deficit of 9.5% of the GDP or Rs 18,48,655 crore for the fi
