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India Fiscal Deficit

List of factors to surround RBI decision on monetary policy

List of factors to surround RBI decision on monetary policy

Wed, Feb 07, 2018

RBI has kept policy repo rate unchanged at 6% in the past two monetary policy meetings along with accommodative stance due to fear of higher inflation and macro-economic data.

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Is ‘rate hike’ on the table for RBI in FY18's last policy meet?

Is ‘rate hike’ on the table for RBI in FY18's last policy meet?

Wed, Feb 07, 2018

RBI has kept policy repo rate unchanged at 6% in the past two monetary policy meetings along with accommodative stance due to fear of higher inflation and macro-economic data.

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Budget FY19 ties RBI’s hand for rate cut in its last FY18 policy

Budget FY19 ties RBI’s hand for rate cut in its last FY18 policy

Mon, Feb 05, 2018

 Analysts have already predicted that inflation is going to shoot higher than the RBI’s trajectory for FY18.

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Budget 2018: Jaitley raises fiscal deficit target to 3.5% for FY18

Budget 2018: Jaitley raises fiscal deficit target to 3.5% for FY18

Thu, Feb 01, 2018

India's fiscal deficit stands at Rs 6,12,105 crore in just eight months of FY19, overshooting the budgeted estimate (BE) target by 112% for the current financial year.

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Govt borrowings not necessarily reflect fiscal deficit, says Economic survey

Govt borrowings not necessarily reflect fiscal deficit, says Economic survey

Mon, Jan 29, 2018

India's fiscal deficit stands at Rs 6,12,105 crore in just eight months of FY18, overshooting the budgeted estimate (BE) by 112% for the current financial year.

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How will RBI read the upcoming Budget?

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.

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Rising crude hits petrol, diesel prices in India

Rising crude hits petrol, diesel prices in India

Tue, Jan 16, 2018

 Petrol and diesel are the mainstay for Oil Marketing Companies (OMCs), accounting for about 51% of the total petroleum product consumption in India as of FY17.

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Moody's upgrade for India positive, but short-term reality, risks remain

Moody's upgrade for India positive, but short-term reality, risks remain

Tue, Nov 21, 2017

 After more than a decade, India witnessed first upgrade by Moody's Investor service on its economic outlook. This is expected to be followed by another two major rating agencies.

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India's fiscal deficit reaches 91.3% of full-year target in September

India's fiscal deficit reaches 91.3% of full-year target in September

Tue, Oct 31, 2017

India reported fiscal deficit of 4.99 trillion rupees ($77.09 billion) for April-September or 91.3% of the budgeted target for the current fiscal year that ends in March 2018. The deficit was 83.9% of the full-year target during the same period a year ago.

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India's fiscal deficit in August crosses 96% of budget estimates

India's fiscal deficit in August crosses 96% of budget estimates

Fri, Sep 29, 2017

The government has estimated fiscal deficit of Rs 546,532 crore for FY18 - out of which it has reached at a deficit of Rs  525,045 crore by end of August. 

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Debt continues to be key constraint for India, Moody's says

Debt continues to be key constraint for India, Moody's says

Thu, Jun 01, 2017

Moody's said, "India (Baa3 positive) is implementing a number of wide-ranging reforms and measures that, if effective, will broaden the tax base and anchor fiscal consolidation. Under such outcomes, the government's debt burden, a key constraint on India's credit profile, would ease gradually."

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Limited room to reduce fiscal deficit to 3% in FY18: Moody's

Limited room to reduce fiscal deficit to 3% in FY18: Moody's

Mon, Jan 16, 2017

The government is likely to achieve its fiscal deficit target of 3.5% of GDP in the current fiscal but higher infrastructure spending will limit the room to reduce it further to 3% in 2017-18, Moody's said on Monday.

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India's fiscal deficit crossed 85.8% of the budget estimates in November

India's fiscal deficit crossed 85.8% of the budget estimates in November

Fri, Dec 30, 2016

In the month of November 2016,  the fiscal deficit reached at Rs 34,489 crore compared to Rs 72277 crore in the similar month of the previous year, as per data published by Controller General of Accounts.

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India's fiscal deficit reaches 79% of Budget Estimates in October

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. 

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Fiscal deficit in first half of FY17 hits nearly 84% of budget estimate

Fiscal deficit in first half of FY17 hits nearly 84% of budget estimate

Tue, Nov 01, 2016

Fiscal deficit in the first half of the current fiscal stood at Rs 4.47 lakh crore, or 83.9% of the budget estimate (BE) for the whole year. The fiscal situation in April-September deteriorated over the year ago as the deficit then stood at 68.1% of the budget estimate of 2015-16.

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