Page 6 - Latest Updates on Fiscal Deficit
Interim Budget 2024-25: A confident and optimistic report
In a Budget celebrating the achievements in the last decade, there are few announcements with any fiscal magnitude attached
 "Interim Budget 2024-25: A confident and optimistic report")
Prudence first
Interim Budget sticks to fiscal glide path
 "Prudence first")
Interim Budget: Infra focus, fiscal prudence are positives for street
While overall capex has increased, some analysts had expected higher outlays for road, defence and railways
 "Interim Budget: Infra focus, fiscal prudence are positives for street")
Interim Budget 2024-25: Banks likely to see heavy trading gains in Q4
The yield on the benchmark 10-year government bond declined by 12 basis points (bps) in 2024 from 7.17 per cent to 7.05 per cent on February 1, 2024
 "Interim Budget 2024-25: Banks likely to see heavy trading gains in Q4")
On path to achieving fiscal deficit target of 4.5% by FY26: FM Sitharaman
Interim Budget: Revenue Secretary Sanjay Malhotra said that the removal of tax old tax disputes is likely to cost the Centre around Rs 3,500 crore
 "On path to achieving fiscal deficit target of 4.5% by FY26: FM Sitharaman")
Interim Budget: Improved fiscal resilience amid modest tax buoyancy
The Interim Budget had assumed nominal GDP growth of 10.5 per cent of GDP, but First Advance Estimates placed it at 8.9 per cent
 "Interim Budget: Improved fiscal resilience amid modest tax buoyancy")
No adverse policy changes in the interim budget was a boon: Rahul Arora
The focus on fiscal consolidation led by moderation in government capex aims to reduce the risk of the government crowding out the private sector
 "No adverse policy changes in the interim budget was a boon: Rahul Arora")
FM delivers a prudent, pragmatic and progressive budget, says Sundeep Sikka
From an equity market perspective, some of the positives appear to be considered in valuations and therefore return expectations in the near-term perspective should be moderate
 "FM delivers a prudent, pragmatic and progressive budget, says Sundeep Sikka")
Strong emphasis on fiscal consolidation and public investment: Sujan Hajra
Given the robust tax buoyancy seen in recent years and the govt's modest expenditure plans, it is conceivable that the actual fiscal outcomes next year may surpass the budget's projections
 "Strong emphasis on fiscal consolidation and public investment: Sujan Hajra")
Govt to borrow Rs 14.13 trn from market in FY25 to meet revenue shortfall
Finance Minister Nirmala Sitharaman on Thursday proposed to borrow Rs 14.13 lakh crore by issuing dated securities to meet revenue shortfall in the next financial year starting on April 1
 "Govt to borrow Rs 14.13 trn from market in FY25 to meet revenue shortfall")
Interim Budget: FM sticks to fiscal consolidation path in Budget speech
Interim Budget: FM Sitharaman said that the fiscal deficit in 2023-24 is expected to be 5.8%, lower than the earlier estimates of 5.9%
 "Interim Budget: FM sticks to fiscal consolidation path in Budget speech")
Global affairs becoming more complex, challenging with wars: FM Sitharaman
Finance Minister Nirmala Sitharaman on Thursday said the global situation is becoming more complex and challenging due to wars and conflicts in different parts of the world
Interim Budget 2024 highlights: Capex from govt will continue, says FM
Union Budget 2024 LIVE updates: FM Sitharaman in her Interim Budget speech stated the Centre is working towards making India 'viksit' by 2047. Catch the latest updates here
 "Interim Budget 2024 highlights: Capex from govt will continue, says FM")
At Rs 9.82 trillion, April-Dec fiscal deficit 55% of govt's annual target
The fiscal deficit was marginally lower at Rs 9.9 trillion, recorded during the corresponding period last year
 "At Rs 9.82 trillion, April-Dec fiscal deficit 55% of govt's annual target")
April-Dec fiscal deficit at Rs 9.82 trn, 55% of annual target: Govt
Total expenditure during the period was 30.54 trillion rupees, or about 68% of the annual goal, compared with 28.18 trillion rupees in the same period last year
Govt spending must pursue evidence-based policy for best outcomes
It's important to see the quality of spending and missing gaps in resource provision
 "Govt spending must pursue evidence-based policy for best outcomes")
Budget 2024 highlights: All eyes on last Budget before Lok Sabha elections
A resolution praising Prime Minister Narendra Modi for the consecration of Ram temple in Ayodhya will be introduced during the budget session of the Gujarat assembly beginning February 1
 "Budget 2024 highlights: All eyes on last Budget before Lok Sabha elections")
Expect no drama in the Budget
But over the medium term, India's fiscal health needs attention
 "Expect no drama in the Budget")
Budget Highlights: Space industry seeks PLI scheme, liberal FDI policy
LIVE updates: The central government focus is likely to be on controlling inflation and adjusting the fiscal deficit ahead of the Lok Sabha polls. Catch all the budget-related live updates here
Budget 2024 LIVE updates: Govt raises import duty on gold, silver jewellery
Union budget 2024: Govt will table the interim budget where focus will likely be on controlling fiscal deficit and supporting agri ahead of the elections. Catch all the budget-related live updates
 "Budget 2024 LIVE updates: Govt raises import duty on gold, silver jewellery")
