Lower-than-expected nominal GDP growth may have pushed the Centre's debt ratio to 57.85 per cent in FY26, making its fiscal consolidation path steeper ahead
The government is wary of increasing borrowing beyond budgeted levels because additional debt issuance could push bond yields higher, officials familiar with the matter said
From fresh US tariff threats and fiscal policy constraints to the future of television broadcasting and the legacy of Shastri Bhawan, here are today's top Opinion insights
If India had created more fiscal space in the three good years following the end of the Covid crisis in 2022-23, it would have more options to deal with the current one
India's fiscal deficit may widen to 4.7 per cent of GDP in FY27 as higher oil prices, subsidy costs and revenue risks from the West Asia conflict weigh on finances, writes Aditi Nayar of ICRA
Expenditure by 50 ministries and departments came in below revised estimates, helping the Centre contain the fiscal deficit despite lower-than-projected receipts
In FY26, while revenue expenditure was cut by Rs 26,636 crore, capital expenditure was reduced by Rs 33,055 crore, leading to a dip in total expenditure by Rs 59,691 crore to Rs 49 trillion
An expected ₹3.05 trillion handover, the midpoint of the poll, would be the highest share of expected government revenue in more than two decades, excluding the fiscal year 2019-2020
The multilateral institution has urged governments to avoid broad-based subsidies and instead adopt targeted fiscal measures to manage inflation and protect vulnerable households
From Bharti Airtel's succession planning and AI-driven cyber risks to the economic fallout of the West Asia conflict and India's investment needs - here are today's top opinion pieces
Higher fuel prices and limited gas availability are affecting economic activities, which could result in lower overall tax collection and add further pressure on the Budget
The party, which is set to return to power in the state, has also pledged to set up one university in each district and appoint more teachers to strengthen the education sector
A similar trend is visible in the revenue deficit, as the revised estimates suggest a revenue deficit of 1.94 per cent of GSDP in FY26, up from 1.47 per cent in FY25
The BJP's commitments are expansive, ranging from ₹3,000 monthly transfers for women and unemployed youth to implementing the 7th Pay Commission and raising dearness allowance
The most humbling lessons of anti-incumbency, however, came from West Bengal, where the BJP finally fulfilled its ambition of ousting Mamata Banerjee's TMC after the latter's 15 years in power
