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Page 9 - Latest Updates on Fiscal Deficit

Centre's fiscal deficit at 11.8% of FY24 Budget target, shows CGA data

The finance ministry has targeted to bring down the fiscal deficit to 5.9 per cent of GDP in FY24 from 6.4 per cent of GDP in the preceding year

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Updated On : 30 Jun 2023 | 7:54 PM IST

Centre's fiscal deficit at 11.8% of full year target, shows CGA data

The fiscal deficit was 12.3 per cent of 2022-23 BE a year ago

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Updated On : 30 Jun 2023 | 4:41 PM IST

States' financial profile better in FY23; debt stays high: RBI report

At a disaggregated level, a few large states have debt-to GSDP ratios exceeding 35 per cent, the report added

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Updated On : 28 Jun 2023 | 8:56 PM IST

Average capital investment in many sectors growing at more than 20%: CEA

On inflation, the CEA said it has been moderate and that it would not be a challenge for households and cost of living in 2024

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Updated On : 15 Jun 2023 | 6:04 PM IST

Fiscal deficit comes marginally lower than 6.36% of FY23 target: Govt data

Non-debt capital receipts, primarily disinvestment receipts, fell short of the FY23 target by 13.5 per cent

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Updated On : 31 May 2023 | 10:11 PM IST

Govt's fiscal deficit narrows to 6.4% of GDP for FY23, meets target

The fiscal deficit for the last financial year narrowed to 6.4% from a year earlier. It also met the budget gap target, aided by buoyant tax receipts and some fiscal headroom from lower payments

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Updated On : 31 May 2023 | 4:26 PM IST

India's fiscal deficit target of 5.9% for FY24 at risk, warns Nomura

A notable increase in RBI's income, which was driven by profits from foreign exchange sales amounting to Rs 1 trillion, reflects active intervention in the foreign exchange market

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Updated On : 30 May 2023 | 6:06 PM IST

PM Modi urges states to maintain fiscal discipline, take prudent decisions

The Prime Minister urged the states to proactively use the Gati Shakti Portal not only for infrastructure and logistics but also for local area development and creation of social infrastructure

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Updated On : 27 May 2023 | 9:45 PM IST

Expect RBI to start rate cuts by end of FY24: HDFC Bank chief economist

Abheek Barua said that the Indian economy is expected to grow at 4.4% in the quarter ended March 31

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Updated On : 19 May 2023 | 2:18 PM IST

Fiscal deficit at 82.8% of Revised Estimates till February: Govt data

Total expenditure of Rs 34.93 trillion for April-February FY23 was 83.4 per cent of the RE

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Updated On : 31 Mar 2023 | 11:33 PM IST

Fiscal deficit touches 82.8% of full-year target in February: Govt data

Out of the total revenue expenditure, Rs 7,98,957 crore was for interest payments and Rs 4,59,547 crore was on account of major subsidies

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Updated On : 31 Mar 2023 | 6:53 PM IST

Fiscal slippage in FY23 likely as govt seeks to spend Rs 1.5 trillion more

The additional spending demands are led by fertiliser subsidy, defence pensions, allocation for Universal Service Obligation Fund (USOF) and GST compensation to states and UTs

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Updated On : 13 Mar 2023 | 10:33 PM IST

Centre to daily monitor revenue receipts, expenses to check fiscal deficit

From March 1 onwards, the finance ministry has begun monitoring of revenue receipts like tax collections and even expenses, to control fiscal deficit in the current fiscal

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Updated On : 05 Mar 2023 | 5:11 PM IST

FY23 fiscal deficit: FinMin starts daily monitoring of receipts, expenses

The finance ministry has started daily monitoring of the revenue receipts, including tax collections, as well as expenditure beginning March 1, with an aim to keep fiscal deficit in check

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Updated On : 06 Mar 2023 | 3:11 PM IST

Centre's fiscal deficit widens to 67.8% of revised full-year target

Govt capex stays strong, 29% higher in 10 months of FY23

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Updated On : 28 Feb 2023 | 10:34 PM IST

Apr-Jan fiscal deficit comes at $144.19 bn; touches 68% of full-year target

India aims to end the current fiscal year with a budget deficit of 6.4 per cent

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Updated On : 28 Feb 2023 | 4:23 PM IST

Top headlines: Adani stcks remain in MSCI indices, TikTok fires India staff

Business Standard brings you the top headlines at this hour

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Updated On : 10 Feb 2023 | 9:28 AM IST

Rs 1.5-trn spending rationalisation helps govt meet FY23 deficit target

Without the expenditure rationalisation, the Revised Estimates (RE) for the Centre's total spending would have been about Rs 43.4 trillion instead of Rs 41.9 trillion

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Updated On : 09 Feb 2023 | 10:57 PM IST

How credible is path of improving quality of fiscal deficit going forward?

Centre's fiscal deficit is projected to come down to 5.9% of GDP next financial year from 6.4% in the current financial year

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Updated On : 07 Feb 2023 | 11:22 PM IST

Govt to meet fiscal target in coming year, capex a longer shot, shows poll

A key government objective is to bring the deficit down to 4.5% of GDP by 2025/26. Respondents were evenly split on whether it would succeed

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Updated On : 06 Feb 2023 | 10:56 AM IST