Page 17 - Fiscal Deficit

Domestic cyclicals key gainers from the infra push in the Budget

Street is bearish on exporters while there is a mixed opinion on the consumption basket

India to see challenges in meeting fiscal glide path, says Fitch analyst

The government is targeting a budget deficit of 5.9% of GDP for 2023/24, while the deficit was 6.4% in 2022/23, according to revised estimates

Union Budget 2023 augments capex without sacrificing fiscal consolidation

The quality of the fiscal deficit is also set to improve in FY24, with capex accounting for a much larger share of the same vis-a-vis FY23

Budget 2023 ticks all checkboxes; Adani group stocks played spoilsport

It is typical of markets to rally ahead of the budget proposals and see some profit taking once the measures are announced. This time, however, the Adani group stocks played spoilsport

Budget 2023 delivers on all counts; pushes hard on capex, growth

Budget 2023 has more or less maintained the ratio of size of the budget to GDP to around 15 per cent.

Budget likely to push spending to support growth, while lowering deficit

Although the government faces elections in key states this year and a national vote in 2024, the budget is unlikely to offer major relief to households due to fiscal constraints

Eco Survey is assuring; believes we have completely regained lost ground

The Economic Survey 2023-24 is assuring and it affirms that we have completely regained lost ground, says Madan Sabnavis

India's April-Dec fiscal deficit touches 60% of full-year target: Govt data

Net tax receipts rose to Rs 15.56 trillion while total expenditure was Rs 28.18 trillion, the data showed

Indian economy to grow 6.5% in FY24; CAD may widen further: Economic Survey

It added that India is third-largest economy in the world in PPP (purchasing power parity) terms and fifth largest in terms of exchange rate

From capex to taxation, four things to look out for in Union Budget 2023

This is the last full budget before the 2024 Lok Sabha elections, and will be tabled amidst a global slowdown and unprecedented geopolitical uncertainty

Road map for India as an economic superpower

This Budget will also continue the weighty task of sustaining social welfare schemes

Budget 2023-24: Centre to target higher capex but lower fiscal deficit

Budget 2023-24: The Centre is expected to peg the fiscal deficit target for FY24 below 6 per cent, and the capex is likely to jump 20-30 per cent

Will Budget 2023-24 be populist or pragmatic? Brokerages weigh in

Budget to focus on rural India, capex, and manufacturing push, as well as prioritising macro stability

Budget 2023: FM may bring fiscal deficit target down to less than 6% of GDP

Fiscal deficit helps in assessing macroeconomic stability of a nation, which also impacts inflation

Three points for the Budget

Of the many things to watch in the Budget, three things-growth, fiscal deficit and stance on trade-will receive special attention from analysts. Getting the tone right will be crucial

Fiscal deficit target for FY24 to be kept at 5.8-5.9% in Budget: Report

The fiscal deficit is expected to remain much larger than the 4-4.5 per cent of the GDP that was usual for decades

Best of BS Opinion: Deficient regulation, structural strength, and more

Here is the best of Business Standard's opinion pieces for today

Building resilience for the long game

The Budget should focus on keeping the domestic house in order. If it manages to do so, then India could attract large capital inflows once the global shocks fade

Budget must focus on lowering fiscal deficit: EY India's Rajiv Memani

In an interview with Ruchika Chitravanshi, Rajiv Memani, chairman and managing director of EY India, said that there is a strong enabling environment for private sector investment

Prioritising stability over growth

The backdrop of the Budget augurs well for the government, but a closer look calls for a cautious approach