Page 21 - Fiscal Deficit

Fertiliser stks prey to subsidy withdrawal risk, high input costs: Analysts

The risk of a breach of the government's fiscal deficit target could play a spoilsport for the sector as it could prompt the Centre to cut back on subsidy support, analysts believe.

IMF has warned that a long downturn is happening. But is anyone listening?

The IMF has not minced any words when it comes to fiscal policy. It has always advocated tight control over the political inclination to spend now and let someone else worry about the future

A makeover for North Block

The Indian economy faces tough challenges, but the pressure today is more on Mint Road

Govt committed to 6.4% fiscal deficit target for FY23, says report

India's macroeconomic fundamentals are strong to deal with challenges and the central government is committed to stick to the fiscal deficit target of 6.4 per cent of the GDP for the current fiscal

Twin deficit problem: What does it mean and how does it affect an economy?

The finance ministry recently said that India is at low risk of stagflation. But it also cautioned about a twin deficit problem that India may face. This report tells us what it means

Centre's fiscal deficit hits 12.3% of full-year target in April-May period

Non-tax revenue came in at Rs 49,251 crore, or 18.3 per cent of the full year target of Rs 2.69 trillion, compared with 48 per cent for the same period last year

Top headlines: Shinde next Maha CM; cryptos a clear danger, says RBI's Das

Business Standard brings you the top headlines on Thursday

Centre's fiscal deficit at 12.3% of full-year target in May: Govt data

The fiscal deficit was at 8.2 per cent of the Budget Estimate (RE) of 2021-22 during the corresponding period

Dept of Expenditure warns against extending the free food scheme: Report

In an internal note, the FinMin's Dept of Expenditure has warned that extension of the free food scheme beyond September or any more tax cuts will have consequences for the Centre's fiscal situation

India aims to keep FY23 fiscal deficit at last year's level: Report

Efforts to maintain some fiscal discipline reflect New Delhi's concern around risks to its sovereign credit rating, but will likely limit the govt's firepower

TMSEp200: Single-use plastic, IT workers, Nilesh Shah, twin deficit problem

Will Frooti packs go off the shelves? Can an IT employee be classified as a workman? What is Nilesh Shah's take on investors' approach to markets? What is a twin deficit problem? All answers here

Indian economy: Not just a twin but a triple-deficit problem looms

While the twin deficit problem of widening fiscal and current account deficits has been spoken about, a third problem of widening deficit in the states also stares the Indian economy in the face

India facing twin deficit problem due to commodity prices, subsidy: FinMin

Ministry's report urges rationalising non-capex spend not only for protecting growth supportive capex but also to avoid fiscal slippages

India faces near-term challenges; better placed to deal with them: FinMin

India's medium-term growth prospects remain bright as pent-up capacity expansion in the private sector is expected to drive capital formation, employment generation in rest of this decade, says report

Pakistan steeply hikes fuel prices up to 29% to secure IMF funding

The new petrol price has been fixed at Rs 233.89 per litre, HSD at Rs 263.31 per litre and kerosene oil at Rs 211.47 per litre.

Stories during stagflation: How India fares on 'modified' misery index?

Misery is the highest in countries known for economic mismanagement: Turkey, Argentina, South Africa. Next come Russia, Brazil, Pakistan and Egypt. And then India, notes T N Ninan

Centre chose expenditure switch to contain widening fiscal deficit

Robust revenue collection and higher nominal GDP, however, led to an improved fiscal deficit at 6.7 per cent in FY22 against the 6.9 per cent estimated

Govt leans heavily on nominal revenue growth to beat fiscal blues

If the burden does hit Rs 2.5 trillion, that would mean extra spending of around Rs 35,000 crore

Policy tightening to pressure FY23 numbers, deficit seen at 6.7%: Report

The government has pegged the combined fiscal shortfall at 9.8 per cent of which the central deficit is seen at 6.4 per cent (down from 6.7 per cent in FY22) and states' at 3.4 per cent for FY23.

Centre's FY22 fiscal deficit at 6.7% vs revised estimates of 6.9%

April saw revenue surplus of Rs 591 crore