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government expenditure News
How will RBI read the upcoming Budget?
Tue, Jan 23, 2018
Finance Ministry remains firm on its borrowing and fiscal deficit targets for this financial year.
India's GDP growth: Economists cut their forecasts
Tue, Dec 05, 2017
Fitch alone is not disappointed by the country's current growth rate, CRISIL too has projected India's GDP at 6.8% with downside bias from previous 7% for FY18.
Can the government ‘substantially cut’ expenditure to meet fiscal deficit target?
Mon, Oct 23, 2017
SBI said the fiscal deficit of 3.2% in FY18 does not seem difficult to meet. However government will have to reduce expenditure drastically.
What will India's FY18 GDP growth look like?
Fri, Jun 02, 2017
Demonetisation may have impacted India's GDP growth for the fourth quarter ended March 31, 2017 but its effects may not be over so soon.
Assocham explains why Union Budget on Feb 1 is a good idea
Mon, Jan 16, 2017
Industry body Assocham appealed to the Opposition Parties to led the government present the Union Budget 2017 on February 1, as planned.
India's fiscal deficit reaches 79% of Budget Estimates in October
Wed, Nov 30, 2016
Data published by Controller General of Accounts showed that fiscal deficit in October was negative Rs 24,481 crore, compared to Rs 32683 crore a year ago same month. Year-to-date, the fiscal deficit stood at Rs 4,23,507 crore, a rise of 2.81% from Rs 4,11,246 crore in the corresponding period of the previous year.