Fiscal Deficit

Head-on | India rises in Geopolitical Power Index

Many foreign rankings and indices are arbitrary. They often lack robust methodology. Several are susceptible to bias. It is imperative therefore to construct a credible India-authored ranking template

Union Budget 2023: Discovering opportunities for equitable economic growth and inclusivity

The Union Budget 2023-2024 has made some laudable moves toward increasing personal finance and financial literacy and it will contribute considerably to the nation's overall development and progress

States' capex soars 36% in FY23, fiscal deficit at Rs 8.4 lakh crore, finds ICRA report

According to the agency, 26 large states, excluding Assam, are on course to spend Rs 6.8 lakh crore or 35.8 per cent more this fiscal in capital expenditure over FY22 when it stood at Rs 5 lakh crore

P Chidambaram targets Centre over state of economy

He also questioned the government for 'backsliding' on the fiscal deficit target for the current year

Union Budget 2022 by numbers: Rs 5.25 lakh cr for defence, Rs 7.50 lakh cr capital expenditure

The key takeaways from the fourth Budget of the second Narendra Modi government tabled by Finance Minister Nirmala Sitharaman in Parliament

Union Budget 2022: Important terms you may find handy ahead of Nirmala Sitharaman's speech

Ahead of Finance Minister Nirmala Sitharaman presenting the Union Budget for the year 2022-2023, we try to simplify it for you

Budget 2022: Find out how the financial statement is set to affect the market and economy

With COVID-19 pandemic still wreaking havoc across the globe, market players would want the Centre to take steps to generate demand and revive the economy

How PM Narendra Modi’s calibrated approach has helped turn around Indian economy

India’s economic revival approach has worked far better than the strategy of pushing through huge fiscal stimulus packages, printing money, and indulging in wanton pump priming

Centre releases Rs 40,000 crore to states as back-to-back loan for GST shortfall

The Centre has frontloaded the release of Rs 1.15 lakh crore till date, 72 percent of the total estimated shortfall for the fiscal year. The balance amount will be released in due course, as per a Ministry of Finance statement

India's fiscal deficit for April-August touches 31.1 percent of annual target, data shows

For the current financial year, the government expects the deficit at 6.8 per cent of GDP or Rs 15,06,812 crore.