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Fiscal Deficit
Business  /  Published 30.01.21

Rating norms under fire

India on Friday  slammed the rating agencies of bias and buttressed its arguments with issues relating to defaults and debt that indicate the fiscal deficit for the fiscal is likely to be way off...
By Our Special Correspondent in New Delhi

Business  /  Published 27.01.21

Ficci forecasts higher contraction

The country’s economic growth is expected to contract 8 per cent in the current fiscal and fiscal deficit is likely to be at 7.4 per cent of GDP (gross domestic product) for 2020-21, according t...
By Our Special Correspondent in New Delhi

Business  /  Published 19.01.21

Centre advised to be realistic on fiscal gap

Analysts want the government to give a realistic fiscal deficit target for 2021-22 as the coronavirus has dealt a severe blow to its finances this year. The pandemic  has caused the fiscal defic...
By R. Suryamurthy in New Delhi

Business  /  Published 28.11.20

Fiscal deficit balloons

The fiscal deficit widened to Rs 9.53 lakh crore, which is 119.7 per cent of the Rs 7.96-lakh-crore budgeted target, at the end of October of the current financial year. The deficit widened mainly on...
By Our Special Correspondent in New Delhi

India  /  Published 28.10.20

Jobs: better but long way to go

...
By Basant Kumar Mohanty in New Delhi

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Business  /  Published 28.10.20

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 14.10.20

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 01.10.20

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 23.09.20

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 05.09.20

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


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