Page 42 - Fiscal Deficit

Infra spend has to grow, fiscal deficit can be raised: CII prez Kirloskar

When it comes to putting equity in business versus putting debt, equity should be more important, he said

Fiscal deficit may slip to 3.5-3.8% in FY20; govt set to miss 3.3% target

The FRBM Act, after its amendment in 2018, allows a fiscal deficit slippage of not more than 0.5% for any given year, provided there are justifications

Statsguru: Ball in the fiscal court as RBI keeps lending rates unchanged

The MPC underlined the rising consumer price inflation as one of the reasons

Fixing the GST

Fundamental improvements to the flawed structure needed

Markets expect govt to borrow Rs 80,000 cr more to bridge fiscal deficit

RBI waiting for Budget numbers has surprised the bond market

CII calls for GST cut, expansionary policy to pull economy out of slowdown

The Centre's fiscal deficit has crossed the Budget FY20 projection of Rs 7.04 trillion by October itself

Rescuing India's PSU behemoths coming at the cost of fiscal restraint

Modi has received more than $28 billion from state firms since he came to power in 2014, by extracting dividends or getting PSUs to buy out the government's stake

S&P reaffirms India's sovereign rating at BBB- with a stable outlook

S&P's reiteration of India's rating and outlook is good news for the government as it fights multiple fires on the economic front

Markets at a high, economy at a low

The markets are clear 5 per cent growth is not the new normal

Fiscal deficit for April-Oct touches Rs 7.2 trillion, exceeds FY20 target

This was 102.4% of the full-year target, compared with 103.9% for the same period last year

India's April-October fiscal deficit at 102.4% of full-year target

Net tax receipts in the April-October period was Rs 6.83 trillion, while total expenditure was Rs 16.55 trillion, the data showed

How should the government revive demand?

What happens when, with government expenditure unchanged at Rs 65 trillion, the FM decides to reduce the tax rate, mobilise less revenue and let the deficit widen by Rs 1 trillion?

Rising fiscal fears

A comprehensive review is needed

For states, balancing fiscal maths and capex will be challenging: CRISIL

The rating agency - in its Infrastructure Yearbook 2019, released on Tuesday - said most of the sub-sectors in infrastructure have shown stress this year, compared to the previous year

There is economic slowdown, but no signs of recession: FM Sitharaman

The finance minister touched upon the difficulties in meeting the fiscal deficit, and indirectly signalled a fiscal slippage for the year

States' fiscal health falling apart over shortfalls in GST compensation

States are indeed facing shortage in cash flow to run the administration and finance their schemes, as well as capital spending

No plan to cut spending on welfare schemes despite low revenues, says FM

The government has high expenditures on such welfare schemes which are aimed at poorer sections and agriculture

To meet fiscal deficit target, govt may pare its IOC stake to under 51%

The government can sell as much as 26.4% its holding in Indian Oil -- valued at about Rs 330 billion -- and still retain indirect control

Slowdown: Indian GDP growth may slip further to 5% in FY20, says CLSA

Analysts at CLSA believe India's fiscal deficit may worsen to 4.3% in FY20

Why economists watered down India's July-Sept growth estimate to 4.2-4.7%

State Bank of India (SBI) joins global agencies such as the ADB, World Bank, OECD, RBI and the IMF in downgrading India's FY20 growth rates