Page 2 Fiscal Deficit: Latest News and Updates, Top Stories, Videos, Photos About Fiscal Deficit

External Challenges Could Increase As Trade Deficit Widens: Emkay Global

Going ahead, external sector challenges could increase and import growth exceeding export growth, while higher losses in oil-led terms of trade imply a CAD-to-GDP ratio of 1.7% in FY22E, Emkay Global has said. "With oil sustaining above USD100/bbl and ...

Q4Fy22 GDP Data: Key Points And Highlights

India's Gross Domestic Product which is a measure of the country's economic growth during the last quarter witnessed growth at 4.1%. Thus taking the annual growth of the country to 8.7%. The January- March quarter had been though lower than October-December ...

India's April-January Fiscal Deficit Came In At $124.6 Bn

The government data on Monday revealed that the country's fiscal deficit between April-January surged to Rs 9.38 trillion or $124.6 billion. During the period, the net tax receipts were at Rs. 15.47 trillion, while expenses stood at Rs. 28.09 trillion. ...

Revenue Secretary: Growing Revenues Will Lower Fiscal Deficit

Union Revenue Secretary Tarun Bajaj on Friday said that the country's fiscal deficit will come down once revenues start to grow. Speaking at a webinar organised by the Bengal Chamber of Commerce and Industry (BCCI), Bajaj said that the government had ...

Budget 2022: Rupee Sees A Decline; Bond Yields Surge On Fiscal Deficit Numbers

Rupee in trade today has moved lower and last at 1:48 pm was down at 74.71 per US dollar. This is after the equities have also shed immense gains post the budget announcements. The budget has been all inclusive, covering all ...

Union Budget, 2022: Fiscal Deficit Targeted At 6.4% Of GDP

In the Union Budget 2022-2023, FM Nirmala Sitharaman announces that the government's fiscal deficit is targeted at 6.4% of the country's GDP. Earlier, in the Economic Survey 2022, the government stated, "On account of a sustained revenue collection and a targeted ...

Fiscal Deficit In FY22 To Come An At 6.6% of GDP: India Ratings

India Ratings and Research's estimation shows that higher tax and non-tax revenue collections this fiscal are expected to more than offset the shortfall in disinvestment revenue, leading to the fiscal deficit coming in at 6.6% of GDP in FY22, 20bp lower ...

Government Second Half Borrowing Calendar Sticks To The Script

The 2HFY22 borrowing throws no surprises, with gross at 5.03tn (41.7% of total FY22 borrowing pf Rs 12.1 trillion) and net at 3.77 trillion, says Madhavi Arora, Lead Economist, Emkay Global Financial Services. In a note, she highlighted the following ...

RBI Should Not Print Money To Offset Fiscal Deficit: Pinaki Chakraborty

The RBI should not print money to finance the fiscal deficit as it will lead to fiscal profligacy, eminent economist Pinaki Chakraborty said on Sunday, expressing hope that India will see a faster economic recovery if there is no major third ...

Fiscal Deficit Stands at 8.2% for April - May Following Increase in Tax Collections

The Fiscal Deficit of India for April and May was recorded at 8.2% of the budget estimates (BE) as against 59 per cent during the same period during last year. The deficit was 30 per cent less than the previous year's ...

Pandemic Package To Boost Fiscal Deficit By 60 bps, Opens Rs 70,000-cr New Loan Window: Report

The latest credit push for the pandemic-hit sectors and other relief supports will have an additional 60 bps impact on the fiscal deficit, and can offer an additional liquidity window of Rs 70,000 crore to banks, says a report. Finance minister ...

Fiscal Math Of Central Government To Be Disturbed: Report

The Centre's FY22 fiscal math is likely to get disturbed by 0.5% to 7.3% of GDP, Emkay Global Financial Services has said in a report as the vaccination budget of the government swells. "The fiscal hit in the form of lower ...

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