Page 2 - Latest Updates on Fiscal Deficit
Best of BS Opinion: How policy moves can trigger a cascading effect
Our editorials and columns look at the consequences of policy actions, and how they can have far-reaching impacts
 "Best of BS Opinion: How policy moves can trigger a cascading effect")
Prudent fiscal management likely to soften G-sec yields: DEA secretary Seth
The government has reduced its borrowings estimate for next financial year to Rs 11.54 trillion on net basis as it expects an improvement in tax collection
 "Prudent fiscal management likely to soften G-sec yields: DEA secretary Seth")
Budget non-inflationary, focuses on fiscal prudence: Finance secy Pandey
The Secretary said the economy would reap a lot more benefits with monetary easing and keeping inflation under control
 "Budget non-inflationary, focuses on fiscal prudence: Finance secy Pandey")
Best of BS Opinion: Union Budget 2025 aims to clear multiple hurdles
From nuclear power generation to agri reforms, from a noisy middle class to central bank's moves on interest rates, the government must jump over many obstacles to achieve its objectives
 "Best of BS Opinion: Union Budget 2025 aims to clear multiple hurdles")
Budget 2025: Focused on fiscal discipline, growth, and tax relief
Overall, the government has taken a disciplined approach in this Budget, keeping long-term benefits in mind
 "Budget 2025: Focused on fiscal discipline, growth, and tax relief")
Budget ready reckoner: Mkt borrowings' share declines, Centre's capex up
Reduction in sovereign debt-to-GDP ratio requires a decline in fiscal deficit in proportion to GDP
 "Budget ready reckoner: Mkt borrowings' share declines, Centre's capex up")
A pro-growth Union Budget 2025-26 marked by coherence and consistency
The Budget represents a continuation and an acceleration of the government's multi-pronged economic development strategy
 "A pro-growth Union Budget 2025-26 marked by coherence and consistency")
Union Budget 2025-26: Fiscal deficit broadly in line with expectations
Revenue spending growth of 6.7 per cent is somewhat higher than our forecast
 "Union Budget 2025-26: Fiscal deficit broadly in line with expectations")
Budget 2025 Highlights: Here's the latest on capex, fiscal deficit and debt
India's Union Budget for FY26 has set total government expenditure at ₹50.65 trillion, marking an increase from ₹47.16 trillion in the revised estimates for 2024-25
 "Budget 2025 Highlights: Here's the latest on capex, fiscal deficit and debt")
Market Today: Budget 2025; Fiscal Deficit; Trump tariffs; Gold; SMID stocks
Finance Minister Nirmala Sitharaman will present her eighth consecutive budget today. This will also be the second budget under the third term of the Modi administration
 "Market Today: Budget 2025; Fiscal Deficit; Trump tariffs; Gold; SMID stocks")
Fiscal deficit for April-Dec at 56.7% of full-year target, shows data
Net tax receipts for the first nine months of the current financial year were at Rs 18.43 trillion
 "Fiscal deficit for April-Dec at 56.7% of full-year target, shows data")
Economic Survey 2024-25: Key highlights and challenges the CEA presents
India's economy is expected to grow between 6.3 per cent and 6.8 per cent in FY26. Chief Economic Adviser believes India is on a steady growth path while globalisation is slowing down
 "Economic Survey 2024-25: Key highlights and challenges the CEA presents")
Budget may project 20% capex growth, 4.4% fiscal deficit: EY report
The EY Economy Watch January 2025 report anticipates that the government may continue on its fiscal deficit glide path, reducing the fiscal deficit for FY26 to 4.4 per cent of GDP
 "Budget may project 20% capex growth, 4.4% fiscal deficit: EY report")
Govt to tighten fiscal purse despite slowing economic growth: Reuters poll
An expected fiscal deficit of 4.5% of gross domestic product represents a slight tightening of the purse compared with the fiscal year about to end, at 4.8%
 "Govt to tighten fiscal purse despite slowing economic growth: Reuters poll")
Explained: What is fiscal deficit and what it means for economic stability
As of January 2025, India's fiscal deficit for FY25 is projected at 4.9 per cent of GDP, amounting to approximately Rs 16.1 trillion
Govt may forecast stronger growth next FY while sticking to fiscal targets
It is likely to forecast nominal economic growth of 10.3 per cent-10.5 per cent. That's higher than the forecast of 9.7 per cent for the current year
 "Govt may forecast stronger growth next FY while sticking to fiscal targets")
FY26 profit growth hinges on revenue trajectory: UTI AMC CIO Subramaniam
There may not be any major changes in direct taxation, given that simplification has already been carried out in recent years
 "FY26 profit growth hinges on revenue trajectory: UTI AMC CIO Subramaniam")
Govt's fiscal deficit target in reach despite lower GDP estimate
The Budget had assumed nominal GDP to grow 10.5 per cent for FY25
 "Govt's fiscal deficit target in reach despite lower GDP estimate")
Next steps in fiscal management: Road map needed for debt, deficit targets
The Central government debt is projected to decline from 58.1 per cent of GDP in 2023-24 to 56.8 per cent in 2024-25
 "Next steps in fiscal management: Road map needed for debt, deficit targets")
April-Nov fiscal deficit at 52.5% of full-year target, shows govt data
Total government expenditure for the eight months was 27.41 trillion rupees, or about 57% of the annual goal. The government spent 26.52 trillion rupees in the same period last year
 "April-Nov fiscal deficit at 52.5% of full-year target, shows govt data")
