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Fiscal Deficit
India  /  Published 27.10.20

Jobs: better but long way to go

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By Basant Kumar Mohanty in New Delhi

Business  /  Published 27.10.20

Fiscal deficit alert to states

The Reserve Bank of India (RBI) on Tuesday warned the additional outgo of states to combat the impact of Covid-19 will significantly erode their hard won fiscal prudence achieved over the past three y...
By Our Special Correspondent in Mumbai

Business  /  Published 13.10.20

GST: borrowing door opened

The Centre on Tuesday permitted 20 states to raise additional Rs 68,825 crore through open market borrowings to bridge the revenue shortfall caused by the Covid-19 pandemic. The decision comes a day ...
By Our Special Correspondent in New Delhi

Business  /  Published 30.09.20

Centre sticks to borrowing limit

The fiscal deficit has touched 109.3 per cent of the annual target estimated in the budget during April-August. In absolute terms, the fiscal deficit was at Rs 8,70,347 crore. It stood at 78.7 per ce...
By Our Special Correspondent in New Delhi

Business  /  Published 22.09.20

Ministry to suspend spending forecasts

Parliament on Tuesday passed amendments to the Banking Regulation Act to bring co-operative banks under the supervision of the RBI, a move aimed at protecting the interest of depositors. The bill repl...
By Our Special Correspondent in New Delhi

Business  /  Published 04.09.20

Finance panel mulls fiscal deficit range

The economic advisory panel of the 15th Finance Commission on Friday suggested providing a range rather than a number as fiscal deficit targets for both the Centre and states in a report, the commissi...
By Our Special Correspondent in New Delhi

Business  /  Published 31.08.20

Deficit overshoots budgeted target

The country’s fiscal deficit overshot the budgeted target for the current financial year within four months (April-July), mainly on account of the impact of lockdown on revenue collections. Acc...
By Our Special Correspondent in New Delhi

Business  /  Published 30.08.20

Forecast of 7% fiscal deficit

India’s fiscal deficit is expected to touch 7 per cent of GDP in the 2020-21 fiscal against the budget estimate of 3.5 per cent, with revenue collections being hit amid disruptions in economic a...
By PTI in New Delhi

Business  /  Published 28.07.20

Viral Acharya slams RBI funding of govt deficit

Viral Acharya, the former deputy governor of the Reserve Bank of India (RBI), has warned against the central bank monetising the government’s budget deficit, citing risks to inflation and extern...
By Our Special Correspondent in Mumbai

Business  /  Published 01.07.20

Fiscal deficit widens to Rs 4.66 lakh crore

Fiscal deficit during the first two months of the current financial year widened to Rs 4.66 lakh crore, or 58.6 per cent of the budget estimates, mainly on account of poor tax collection during the lo...
By Our Bureau in New Delhi


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