Page 4 - Latest Updates on Fiscal Deficit
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")
Govt aims to bring down fiscal deficit to 4.5% in FY26: Finmin report
Finance Minister Nirmala Sitharaman is schedule to present the Budget for 2025-26 in Parliament on February 1
 "Govt aims to bring down fiscal deficit to 4.5% in FY26: Finmin report")
States' sops may divert resources away from infra development: RBI article
The report said that several states have announced sops in their 2024-25 Budgets; such spending may divert resources away from critical social and economic infra development
 "States' sops may divert resources away from infra development: RBI article")
State govt fiscal situation improves; sops may crowd out resources
Market borrowing surged 32.8% in FY24, RBI report says
 "State govt fiscal situation improves; sops may crowd out resources")
Govt likely to target FY26 fiscal deficit at 4.4% of GDP to support growth
Looks to ensure enough financial headroom amid global headwinds
 "Govt likely to target FY26 fiscal deficit at 4.4% of GDP to support growth")
CII urges govt to stick to fiscal deficit target of 4.9% of GDP for 2024-25
CII also highlighted the announcement in the Union Budget 2024-25 to keep the fiscal deficit at levels that help reduce the debt-to-GDP ratio
 "CII urges govt to stick to fiscal deficit target of 4.9% of GDP for 2024-25")
Trade gap, FPI outflows push banking liquidity into deficit after 2 months
The liquidity in the banking system stood at a deficit of Rs 6,956 crore on Monday, according to the latest data from the Reserve Bank of India
 "Trade gap, FPI outflows push banking liquidity into deficit after 2 months")
Fiscal deficit at 46.5% of full-year target at Oct-end, shows govt data
In absolute terms, the fiscal deficit -- the gap between government's expenditure and revenue -- was at Rs 7,50,824 crore during April-October period
Fiscal deficit likely to be at 4.75% in FY25; capex at Rs 62K cr: IndRa
The revenue expenditure, excluding subsidies, will be 0.12 per cent of GDP, lower than the budget estimate
 "Fiscal deficit likely to be at 4.75% in FY25; capex at Rs 62K cr: IndRa")
Impacting growth, liquidity management: Shifting sands of fiscal policy
There is a very high chance that the actual fiscal deficit target will undershoot even 4.9 per cent of GDP as there was a decline in government expenditure during the general elections
 "Impacting growth, liquidity management: Shifting sands of fiscal policy")
