Fiscal Deficit
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SBI report: Govt's FY26 market borrowings well-placed, but alternative funding needed
Business | Feb 05, 2025, 12:58 PM ISTSBI's latest report stated that the govt's FY26 market borrowings are well-structured but highlighted need for alternative funding sources. With Rs 14.8 lakh crore in gross borrowing and a projected rise in total borrowing to Rs 18.7 lakh cr, the report suggested diversifying financial stability.
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Budget 2025: From GDP to fiscal deficit to GST, here are key numbers to be watched
Budget | Jan 30, 2025, 04:51 PM ISTUnion Budget 2025: Finance Minister Nirmala Sitharaman to present her 8th consecutive budget. Key updates on fiscal deficit, GDP growth, tax relief for the middle class, capex, and disinvestment targets.
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Budget 2024: Modi govt reduces fiscal deficit target to 4.9 per cent of GDP for FY25
Budget | Jul 23, 2024, 01:16 PM ISTFinance Minister Nirmala Sitharaman presented the Union Budget for the fiscal year 2024-25, outlining the government's economic priorities and financial plans. One of the key highlights of the budget is the fiscal deficit target, which has been set at 4.9 per cent of gross domestic product (GDP).
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Sitharaman to present Budget 2024: Here are key numbers to be watched | DETAILS
Budget | Jul 22, 2024, 04:29 PM ISTFinance Minister Nirmala Sitharaman is set to present the Union Budget 2024-25 on Tuesday. Key expectations include populist measures to boost the rural economy and create jobs.
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Budget 2024: Nominal GDP growth seen at 10.50 per cent, FY24 fiscal deficit revised down
Budget | Feb 01, 2024, 12:33 PM ISTThe fiscal deficit target for the financial year 2024-2025 has been set at 5.10 per cent of GDP.
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Budget 2024: Government likely to maintain momentum on increasing capital expenditure
Business | Jan 21, 2024, 03:44 PM ISTThe government has allocated a record-high provision of Rs 10 lakh crore for capital expenditure in FY24, a significant increase from Rs 4.39 lakh crore in FY21.
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Budget 2024: Key terms you should know before the announcement
Budget | Feb 01, 2024, 10:27 AM ISTUnion Budget 2024: The budget is expected to include various financial indicators, including inflation, fiscal deficits, capital expenditures, revenue receipts, bad loans, and more.
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Budget 2024: Here's what you can expect from this year's interim budget announcement
Business | Jan 12, 2024, 06:50 PM ISTThe interim budget to be presented by Union Finance Minister Nirmala Sitharaman is expected to feature fiscal measures, including potential tax reductions, aimed at tackling rising prices and addressing ongoing inflationary trends.
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Govt will adhere to fiscal deficit target of 5.9% for FY 24
Business | Aug 18, 2023, 07:10 PM ISTThe government has already got a higher dividend from the Reserve Bank of India and expects higher dividends from public sector banks and other PSUs than estimated in the Budget.
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Centre's fiscal deficit at 11.8 pc of annual target at May-end: CGA data
Business | Jun 30, 2023, 10:17 PM ISTA fiscal deficit is the difference between the total expenditure and revenue of the government. It is an indication of the total borrowings that are needed by the government.
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Centre's fiscal deficit for 2022-2023 narrows to 6.4 pc of GDP | DEETS inside
Business | May 31, 2023, 06:35 PM ISTCentre's fiscal deficit: The Centre's fiscal deficit narrowed to 6.4 per cent of the GDP in 2022-23 from 6.71 per cent in FY22, as anticipated by Finance Minister Nirmala Sitharaman in her Budget in February this year.
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Banks raise record Rs 91,500 crore in debt capital in FY23 so far: Report
Business | Jan 09, 2023, 06:50 PM ISTGross bond issuances by banks is estimated to reach Rs 1.3-1. 4 lakh crore this fiscal as debt sales have already hit record high of Rs 0.915 lakh crore, surpassing the previous high of Rs 0.8 lakh crore in FY17, Icra Ratings said.
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Centre's fiscal deficit touches 58.9 percent of full year target at end-January
Business | Feb 28, 2022, 06:59 PM ISTThe fiscal deficit was 66.8 percent of the Revised Estimate (RE) of 2020-21 during the corresponding period of the last fiscal.
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Budget 2022: Govt pegs fiscal deficit at 6.9% for FY22; 6.4% for FY 23
Business | Feb 01, 2022, 02:43 PM ISTThe fiscal deficit or the gap between expenditure and revenue was estimated at 6.8 per cent of the gross domestic product (GDP) in the current financial year ending March 31, 2022.
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Fiscal deficit widens to 7-year high of 4.6 per cent in FY20 as revenue collection falls
Business | May 29, 2020, 09:54 PM ISTThe country's fiscal deficit soared to a seven-year high of 4.6 per cent of the Gross Domestic Product (GDP) in 2019-20 mainly on account of poor revenue realisation.
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Fiscal deficit touches 128.5 per cent of budget estimate at Jan-end: Govt data
Business | Feb 28, 2020, 06:41 PM ISTIndia's fiscal deficit touched 128.5 per cent of the whole year budget target at January-end, said the Controller General of Accounts (CGA) on Friday. The deficit during the same period during 2018-19 was 121.5 per cent of that year's Revised Budget Estimate (RE).
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AGR dues' payment by Telcos to bring down fiscal deficit to 3.5% in FY20
Business | Feb 17, 2020, 05:21 PM ISTPayment of adjusted gross revenue dues of Rs 1.20 lakh crore by telcos will reduce the fiscal deficit for 2019-20 to 3.5 per cent of the GDP from the revised estimate of 3.8 per cent of the GDP, economists at SBI said on Monday. However, one will have to wait till March 16 - the payment deadline - before the picture gets clear, they said.
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Budget 2020: Fiscal deficit at 3.8 % for FY20, estimation of 3.5% for FY21, says FM Sitharaman
News | Feb 01, 2020, 08:31 PM ISTWhile presenting Union Budget 2020-21 in Parliament, Finance Minister Nirmala Sitharaman announced that the fiscal deficit for year 2019-20 was 3.8. She said,"We estimate a fiscal deficit of 3.8% in RE 2019-20 and 3.5% for BE 2020-21." She further added,"We have estimated nominal growth of GDP for the year 2020-21 on the trends available, at 10%."
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Fiscal deficit pegged at 3.8% in current fiscal, 3.5% in next: Sitharaman
Business | Feb 01, 2020, 01:14 PM ISTFiscal deficit is pegged at 3.8 percent in current fiscal and 3.5 percent in the next, Union Finance Minister Nirmala Sitharaman said as she presented Budget 2020 in Parliament.
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Better to focus on growth than on fiscal deficit in current situation: CEA
Business | Jan 31, 2020, 11:36 PM ISTAhead of Finance Minister Nirmala Sitharaman's second Budget, Chief Economic Adviser K V Subramanian on Friday suggested the government should focus on growth rather than being rigid on fiscal deficit in times of the slowing economy.