India's Budget Deficit

Centre may cut fiscal deficit target slightly in Budget after revenue boost

Modi returned to power only with the support of coalition partners, who have been seeking more money for their states, already putting demands on the table for more than $15 bn in financial aid

Govt eyes Rs 1 trillion in dividend from RBI to meet budget deficit target

A big surplus transfer will help the government in meeting any shortfall in disinvestment receipts and create room for funding welfare programmes after the elections

Disinvestments slow, but govt keeps earning dividends from state-run firms

It has never happened that the budget estimate for dividends from such companies has failed

Centre expected to maintain fiscal discipline in Interim Budget 2024

Interim budget likely to prioritise fiscal consolidation over populist spending, anticipating fiscal deficit at 4.5% of GDP by FY26

Govt to scale back on investment as it curbs budget deficit: Goldman Sachs

This move will give the private sector scope to pick up the slack in the coming years

Rising India rates to upset PM Modi's Budget math on small savings

Bonds have since pared their gains, with the budget math increasingly looking daunting as commercial interest rates soar tracking a tight monetary policy

States do Centre a good turn

A sharp reduction in states' deficit augurs well for the Centre's fiscal planning

Centre may spend less on fertiliser subsidy to narrow its budget deficit

The lower fertilizer allocation will help with India's goal of cutting its budget deficit. Food and energy costs have jumped after Russia's invasion of Ukraine

India seeks to shrink budget deficit by 50bps as global headwinds loom

What complicates matters for Sitharaman is that her food and energy bills are inflated by the war in Ukraine and given India runs a current-account deficit as well, the rupee has been weakening

FM Sitharaman seeks to shrink budget deficit as global headwinds loom

A longstanding plan aims to shrink the shortfall to below 4.5% of GDP by 2025-26

India estimates wider budget gap at over 7% vs 6.8% aim: Report

The government has a target of raising 1.75 trillion rupees this year but progress on plans to sell insurance behemoth LIC or privatize oil refiner Bharat Petroleum have been slow

Proper monetisation of assets can wipe off Budget deficits

Refreshingly, both in healthcare and infrastructure, the FM has talked about a plan that stretches well beyond a year. Along with education, these form the foundation for an inclusive society

Bright days ahead for India, emerging market equities in 2021 and beyond

The performance of Indian equities will mirror a larger trend of EMs doing better than developed markets

Financing the vaccine

Any cess or surcharge should be one-time

Not worried about budget deficit as spending up to support economy: FM

The government will ensure that state-owned enterprises continue with capital expenditure, she said

Sovereign Indian bonds reverse losses on talk of help from RBI

Yields on 10-year bonds slid as much as eight basis points to to 6.08 per cent after surging by as much as 12 basis points earlier.

Stay the course

FC's final report should mirror the interim award

Tax evasion may derail India's fiscal deficit goal as demand wanes

Poorer tax compliance adds to the government's revenue collection woes amid a broader slowdown in the economy

Budget deficit fear looms as BJP plans to woo rural vote after K'taka loss

India will post bigger budget deficits than previously forecast