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  • here s what the common man gets from budget 2015

    Here's what the common man gets from Budget 2015

    February 28, 2015 20:14 IST

    New Delhi: Finance minister Arun Jaitley on Saturday unveiled a budget that aims to push up growth, aided by a slowed pace of fiscal deficit cuts and a raft of tax sops to put private

  • budget 2015 government pro poor and pro industry says

    Budget 2015: Government pro-poor and pro-industry, says Jaitley

    February 28, 2015 17:47 IST

    New Delhi: Emphasising the need for a balancing act between infrastructure and welfare spending, Finance Minister Arun Jaitley today said the BJP-led government is “pro-poor and pro-industry”.The Minister, who presented Budget 2015-16 in Parliament today,

  • govt pro poor and pro industry arun jaitley

    Govt pro-poor and pro-industry: Arun Jaitley

    Politics | February 28, 2015 17:22 IST

    New Delhi: Emphasising the need for a balancing act between infrastructure and welfare spending, Finance Minister Arun Jaitley today said the BJP-led government is “pro-poor and pro-industry”.  The Minister, who presented Budget 2015-16 in Parliament

  • what is union budget and why it is important

    What is Union Budget and why it is important

    February 27, 2015 13:12 IST

    New Delhi: Union budget is a comprehensive statement of the government's finances including spending, revenues, deficit or surplus, and debt, for the fiscal year that runs from April 1 to March 31.The budget is the

  • sbi arm for higher fiscal deficit target to boost investment

    SBI arm for higher fiscal deficit target to boost investment

    February 24, 2015 22:53 IST

    Mumbai: Analysts and economists at the nation's largest lender SBI today joined the call for stretching the fiscal deficit target by a few notches so that the government can boost capex without impacting the fiscal

  • fiscal deficit low income constrain india s rating s p

    Fiscal deficit, low income constrain India's rating: S&P

    February 23, 2015 18:45 IST

    New Delhi: Days ahead of the Union Budget, global rating agency Standard & Poor's today warned that India's weak fiscal and debt indicators, coupled with the low income levels, "constrain" the sovereign rating."India's low income

  • major disinvestments before march 31 arun jaitley

    Major disinvestments before March 31: Arun Jaitley

    January 10, 2015 8:28 IST

    Mumbai: The government will go for major disinvestment in the next two-and-a-half months and will strive to stick to the fiscal deficit target of 4.1 per cent in the current year, Finance Minister Arun Jaitley

  • higher tax refunds putting pressure on fiscal deficit

    Higher tax refunds putting pressure on fiscal deficit: Jaitley

    October 31, 2014 17:59 IST

    New Delhi: Finance Minister Arun Jaitley today said increased tax refunds in the current financial year is leading to higher fiscal deficit, which neared 83 per cent of full year target in the April-September period.“Higher

  • fiscal deficit touches 61.2 in april july

    Fiscal deficit touches 61.2% in April-July

    August 29, 2014 22:32 IST

    New Delhi: The fiscal deficit touched 61.2 per cent of full year Budget Estimates or over Rs. 3.24 lakh crore in end July.  During the April—July period of 2013—14 fiscal, the deficit was 62.8 per

  • fiscal deficit in 2013 14 is 4.5 of gdp

    Fiscal deficit in 2013-14 is 4.5% of GDP

    May 30, 2014 21:09 IST

    New Delhi: The fiscal deficit in 2013-14 stood at 4.5 per cent of GDP, lower than 4.6 per cent projected in the revised estimate, mainly on account of curbs on government expenditure.The fiscal deficit, the

  • new govt must focus on gst fiscal deficit for growth montek

    New govt must focus on GST, fiscal deficit for growth: Montek Singh Ahluwalia

    May 11, 2014 17:35 IST

    Mumbai: Rapid implementation of GST and reduction in fiscal deficit should be the thrust areas for the new government that will help the country achieve 7-7.5 per cent growth, Planning Commission Deputy Chairman Montek Singh

  • more spending cuts needed to meet fiscal deficit target

    More spending cuts needed to meet fiscal deficit target: Nomura

    November 29, 2013 23:42 IST

    Mumbai: With fiscal deficit widening to 84.4 per cent of the budgeted target in the first seven months and the revenue collection falling way below the target, the government will have to undertake more austerity

  • gdp grows 4.8 pc in q2 fiscal deficit inflation up

    GDP grows 4.8 pc in Q2; fiscal deficit, inflation up

    November 29, 2013 20:43 IST

    New Delhi: After hitting a four-year low in the first quarter, the economy grew by a higher-than-expected 4.8 per cent in the September quarter on an uptick in agriculture and factory output, although a rise

  • standard chartered bank sees marginal breach in fy 14

    Standard Chartered Bank sees marginal breach in FY'14 fiscal deficit target

    November 07, 2013 22:17 IST

    Mumbai: Standard Chartered Bank today warned of a 0.2 per cent slippage in fiscal deficit at 5 per cent of India's GDP due to slower revenue growth. "Our base case is a fiscal deficit of

  • oil subsidy rupee may push fiscal deficit above 5 percent

    Oil subsidy, rupee may push fiscal deficit above 5 percent

    September 28, 2013 7:30 IST

    New Delhi: Widening oil subsidy and weakness in rupee are likely to push India's fiscal deficit above 5 percent in the current financial year as against the budgetary target of 4.8 percent, a ratings and

  • west bengal s fiscal deficit rises to 97 pc of budget

    West Bengal's fiscal deficit rises to 97 pc of budget estimates

    India | March 28, 2013 18:14 IST

    New Delhi, Mar 28: The government's fiscal deficit, or gap between expenditure and revenue receipts, was at 97.4 per cent of the budget estimates (BE) in the April-February period of the current financial year.In absolute

  • april november fiscal deficit at 76.2 billion hits 80.4 of

    April-November fiscal deficit at $76.2 billion, hits 80.4% of full year target

    December 31, 2012 14:55 IST

    New Delhi, Dec 31: The country's fiscal deficit during the April-November period was Rs 4.13 trillion ($76.2 billion), or 80.4 percent of the budgeted full fiscal year 2012/13 target, government data showed on Monday.During the

  • reduced diesel lpg subsidies will lower fiscal deficit pm

    Reduced diesel, LPG subsidies will lower fiscal deficit: PM

    December 15, 2012 15:51 IST

    New Delhi, Dec 15: Underlining the government's intent to reduce the fiscal deficit to three percent of GDP by 2016-17, Prime Minister Manmohan Singh Saturday said the actions in correcting energy pricing, reducing diesel and

  • foreign investors shying away because of high fiscal

    Foreign investors shying away because of high fiscal deficit, says PM

    India | November 01, 2012 16:43 IST

    New Delhi, Nov 1 :  Holding that “high” fiscal deficit is a deterrent for domestic and foreign investments, Prime Minister Manmohan Singh today said the government will have to overcome constraints to achieve a target

  • will try to restrict fiscal deficit to 5.3 pc chidambaram

    Will try to restrict fiscal deficit to 5.3 pc: Chidambaram

    October 31, 2012 18:19 IST

    New Delhi, Oct 31:  The government will endeavour to maximise revenue collection and contain expenditure to restrict fiscal deficit to 5.3 per cent of the Gross Domestic Product (GDP) in the current financial year, Finance

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