On February 13, 2016 13:18 (IST)
Finance Minister Arun Jaitley should provide more funds for development of infrastructure sector even at the cost of missing the fiscal deficit target of 3.5 per cent in 2016-17, global consultancy firm EY said on Friday.
On February 07, 2016 13:18 (IST)
The government is likely to meet its fiscal deficit target of 3.9 per cent for the current financial year and is expected to set it at 3.8 per cent of GDP for the next fiscal year, according to a report by global financial services major Deutsche Bank.
On February 05, 2016 20:55 (IST)
Finance Minister Arun Jaitley exuded confidence that fiscal deficit will be within target.
On January 30, 2016 21:25 (IST)
The final decision on the fiscal deficit target would be spelt out in Budget, he said.
On January 29, 2016 21:03 (IST)
Dr Rajan said the RBI has "no intent of departing from the inflation framework-.
On January 29, 2016 13:55 (IST)
India's fiscal deficit was Rs 4.9 lakh crore during April-December, or 87.9% of the full-year target, government data showed.
On January 29, 2016 12:51 (IST)
Finance Minister Arun Jaitley would get away with letting his borrowing targets slip when he presents his annual budget next month, according to the overwhelming majority of economists in a Reuters poll.
On January 27, 2016 23:24 (IST)
Implementation of the UDAY scheme and pay revision of government employees will pose a challenge for the states in keeping their fiscal deficit below 3 per cent of GSDP in the coming years, Icra has said in a report.
On January 27, 2016 13:07 (IST)
The deficit numbers are closely tracked by credit rating agencies.
On January 27, 2016 10:31 (IST)
The US-based rating agency expects the current account deficit (CAD), which is the difference between inflow and outflow of foreign exchange, to remain at a modest level of 1.4 per cent at the end of current fiscal and would continue at similar level till 2018.
On January 24, 2016 13:07 (IST)
Ratings agency Moody's has said India's credit profile will be unaffected by a small slippage in fiscal deficit target as it expects the government to continue fiscal consolidation and target lower deficits every year despite headwinds from global slowdown.
On January 22, 2016 17:39 (IST)
"Every effort would be made" to meet the fiscal deficit target, an official source said.
On January 22, 2016 17:17 (IST)
Lower GDP growth is likely to result in the government breaching the FY16 fiscal deficit target of 3.9 per cent by 0.20 per cent, domestic rating agency India Ratings said on Tuesday.
On January 19, 2016 14:49 (IST)
The country should not loosen its fiscal deficit targets in the forthcoming Union Budget, Niti Aayog Vice-Chairman Arvind Panagariya told Reuters, saying a windfall from cheap oil would help the government keep its spending promises.
On January 18, 2016 15:55 (IST)
The Indian economy was expected to grow by 7.9 per cent in the next fiscal and may progress at a similar pace over a couple of years extending beyond 2019, India Ratings & Research (Ind-Ra) said on Monday.
On January 13, 2016 22:22 (IST)
Moody's on Wednesday said a slight upward or downward movement in the targeted fiscal deficit numbers will not make any impact on India's sovereign ratings in the near term.
On January 09, 2016 16:21 (IST)
The government is looking at one more hike in excise duty on petrol and diesel before March with a view to raising more revenue and sticking to the fiscal deficit target of 3.9 per cent of the GDP.
On January 05, 2016 15:48 (IST)
India claims to be the world's fastest-growing major economy, yet the government might break its Budget deficit targets to stimulate demand, potentially undermining the Reserve Bank of India's fight against inflation.
On December 31, 2015 18:23 (IST)
India's fiscal deficit reached Rs 4.84 lakh crore ($73.2 billion) during April-November, or 87 per cent of the full-year target, government data showed on Thursday.
On December 27, 2015 14:43 (IST)
India's current account deficit remains in check and is expected to be lesser than $25 billion this fiscal year, says a report by financial services major Barclays.