 "What is Fiscal Deficit")
Fiscal Deficit
What is Fiscal Deficit
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Latest Updates on Fiscal Deficit
India's state finances face headwinds in FY26, says CareEdge report
The report suggests that growth in aggregate revenue receipts slowed to 7.2 per cent year-on-year during April-November 2025
 "India's state finances face headwinds in FY26, says CareEdge report")
Indian economy faces five headwinds that leave no margin for error
Markets look calm, but five forces-rising debt, slowing revenues, weak savings, geopolitics and populism-signal a tougher growth phase for India
 "Indian economy faces five headwinds that leave no margin for error")
Govt to meet fiscal deficit target of 4.4% in FY26, may even better it: PwC
The revision in the nominal GDP growth target from 10.1 per cent to 8 per cent by the National Statistical Office recently raised concerns about the government's ability to meet the fiscal deficit tar
 "Govt to meet fiscal deficit target of 4.4% in FY26, may even better it: PwC")
Pre-Budget meet: States push for equitable funds, higher deficit limits
The Telangana government has appealed to the Centre to enhance the fiscal deficit target to at least four per cent of the GSDP from the ideal levels of around 3.5 per cent
 "Pre-Budget meet: States push for equitable funds, higher deficit limits")
FY27 fiscal deficit likely to overshoot target to touch 4.6%: BMI
BMI said that the fresh spending needs would not necessarily entail greater public deficits if the government could generate more revenue
 "FY27 fiscal deficit likely to overshoot target to touch 4.6%: BMI")
Datanomics: Lower tax buoyancy, not GDP, weighs on Centre's finances
Slower nominal GDP growth in FY26 may not hurt deficit math, but weak tax buoyancy and a slipping tax-to-GDP ratio signal rising stress on revenue collections
 "Datanomics: Lower tax buoyancy, not GDP, weighs on Centre's finances")
Fiscal deficit target in reach despite lower nominal GDP growth estimate
The Budget estimates for this year had assumed a nominal GDP growth of 10.1 per cent
Centre's fiscal deficit at 62.3% of FY26 BE in April-November; capex up 28%
CGA data showed the Centre's fiscal deficit rose to Rs 9.77 trillion, or 62.3 per cent of FY26 Budget estimates, in April-November as capex surged and net tax revenue slipped
 "Centre's fiscal deficit at 62.3% of FY26 BE in April-November; capex up 28%")
Expect our state's share in tax devolution to rise to 20%: UP FM Khanna
UP's finance minister Suresh Khanna says disciplined spending, revenue surpluses and rising capex have helped India's most populous state maintain fiscal stability while expanding infrastructure
 "Expect our state's share in tax devolution to rise to 20%: UP FM Khanna")
Yearender 2025: The economy sailed through, but the waters are uncertain
Real GDP growth surprised on the upside in 2025, but weaker nominal growth, trade uncertainty, and soft demand signal a bumpier road ahead
 "Yearender 2025: The economy sailed through, but the waters are uncertain")
States' debt burden and fiscal gaps persist, leaving capital spending muted
10 states with the highest debt to GSDP ratio have debt levels above 30% of GSDP
 "States' debt burden and fiscal gaps persist, leaving capital spending muted")
Economy may grow at 7% in FY27 despite trade tensions: CareEdge Ratings
CareEdge Ratings expects 7% growth in FY27, citing a possible US-India trade deal, low inflation and strong capex, while warning US tariffs could weigh on goods exports
 "Economy may grow at 7% in FY27 despite trade tensions: CareEdge Ratings")
Datanomics: Resource crunch remains major concern in Bihar's finances
Weak tax collections in October pushed Bihar's fiscal deficit to three times the FY26 budget estimate in seven months, with pre-poll spending adding pressure
 "Datanomics: Resource crunch remains major concern in Bihar's finances")
Nominal GDP growth slowdown raises concerns despite strong real growth
Despite strong real growth, slowing nominal GDP and a sharply weaker deflator raise fiscal concerns, challenging Budget assumptions for FY26
 "Nominal GDP growth slowdown raises concerns despite strong real growth")
Rupee hits fresh low against dollar, nears 90/$-mark amid rising pressures
Indian Rupee touched a new record low of 89.97 against the US dollar on December 1, 2025, amid delays in the India-US trade agreement, and limited RBI intervention
 "Rupee hits fresh low against dollar, nears 90/$-mark amid rising pressures")
India's current account deficit narrows to $12.3 bn in July-Sept: RBI data
In the preceding quarter, the current account had recorded a deficit of $2.4 billion ot 0.2 per cent of GDP
 "India's current account deficit narrows to $12.3 bn in July-Sept: RBI data")
Govt's fiscal deficit touches 52.6% of BE till Oct, capex increases 32%
Experts said meeting the gross tax revenue budget target of ₹42.7 trillion would be difficult as it would require a Y-o-Y expansion of 22 per cent in the November-March FY26 period.
India's fiscal deficit during Apr-Oct reaches 52.6% of FY26 target
Capital expenditure, or spending on building physical infrastructure, at ₹6.18 trillion against ₹4.7 trillion a year ago
Jharkhand at 25: Unfulfilled potential of tribal heartland remains
Twenty-five years after its creation, Jharkhand continues to struggle with slow economic growth, high multidimensional poverty and persistent tribal welfare gaps despite fiscal improvements
 "Jharkhand at 25: Unfulfilled potential of tribal heartland remains")
Bihar voters have spoken, the new government must now keep its promises
As things stand, Chief Minister Nitish Kumar is expected to lead the government again and, having been mostly at the helm since 2005, is well aware of where the state stands
 "Bihar voters have spoken, the new government must now keep its promises")