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‘Global fiscal deficit tripled in 2020 to $6.5 trillion’

Mumbai, April 13 | As governments across the world raised their spending amid the pandemic to support economies along with the healthcare system, the...

India’s Q3FY21 current account deficit at $1.7 bn

Mumbai, March 31 | India's current account deficit stood at $1.7 billion in Q3FY21 from a surplus of $15.1 billion reported for the second...

India’s trade deficit normalises to pre-Covid levels: Report

New Delhi, March 21 | Positive annualised growth in exports and imports for three straight months has taken India's trade deficit figures to pre-Covid...

IMF loan to cover 46% of Afghan budget deficit

Kabul, March 18 | The International Monetary Fund (IMF) would give a payable loan of $225 million to Afghanistan which is expected to cover...

NZ’s current account deficit widen over rise in imports

Wellington, March 17 | New Zealand's current account deficit widened by 1.6 billion NZ dollars ($1.15 billion) to 2.1 billion NZ dollars in the...

Final instalment of revenue deficit grant released to 14 states

New Delhi, March 10 | The Finance Ministry on Wednesday released the 12th and final monthly instalment of Post Devolution Revenue Deficit (PDRD) grant...

Karnataka estimates Rs 15,134 cr revenue deficit in 2021-22 (Ld, correcting...

Bengaluru, March 9 | Reeling under the impact of the Covid-induced lockdowns and stringent restrictions to contain the pandemic spread, Karnataka is estimated to...

Israel’s annual budget deficit hits record $52.2bn

Tel Aviv, March 8 | Israel's annual budget deficit reached a record of 173.9 billion new shekels ($52 billion), according to a report issued...

Fiscal figures point towards lower than estimated FY21 deficit

New Delhi, March 4 | Latest revenue as well as expenditure figures point towards a lower than estimated fiscal deficit for FY21, said the...

Pakistan’s trade deficit deteriorates further

By Hamza AmeerIslamabad, March 4 | Pakistan's economic situation continues to worsen with each passing month as the country's exports have plunged for a...

India’s Feb YoY merchandise exports slips but trade deficit widens (Roundup)

New Delhi, March 2 | India's February merchandise exports slipped by 0.25 per cent on a year-on-year basis, preliminary data showed on Tuesday.Accordingly, the...

Pandemic, investment curbs help India reduce trade deficit with China

New Delhi, Feb 23 | The disruptions caused by Covid pandemic and additional checks on investment helped India to reduce its widening trade deficit...

India’s delivery deficit to neighbours, rising China footprints major concerns: Army...

New Delhi, Feb 12 | Indian Army Chief General M.M. Naravane said on Friday that the country's failure to keep its promises on connectivity...

Govt to return to pre-COVID fiscal deficit path in 3 yrs:...

New Delhi, Feb 10 | The government, which announced higher spending in key sectors to propel economic growth after a COVID-triggered contraction, intends to...

Cutting off-budget borrowings has raised fiscal deficit guidance

New Delhi, Feb 8 | Government's more transparent stand in terms of its accounts has resulted in country's fiscal deficit taking a longer glide...

Disinvestment aimed at growth, not to plug fiscal deficit: DIPAM Secy...

By Rituraj Baruah & Subhash NarayanNew Delhi, Feb 7 | As the Budget 2021 comes up with major thrust on privatisation of public sector...

US trade deficit surged to 12-year high in 2020

Washington, Feb 6 | The overall US trade deficit surged to a 12-year high in 2020 as the Covid-19 pandemic weighed on both exports...

Balancing Act: Fiscal expansion to cost 6% deficit in FY22

New Delhi, Feb 1 | Centre's fiscal expansion during the ongoing Covid-19 pandemic induced revenue constraint is set to cost India a fiscal deficit...

Fiscal deficit of states to hit peak of Rs 8.7 lakh...

New Delhi, Jan 20 | The Covid pandemic-induced lockdown and consequent slump in economic activity will hit tax collections of states and result in...

4th Test: Thakur, Sundar help India cut down deficit to 33

Brisbane, Jan 17 | India on Sunday were bowled out for 336 in the first innings, conceding a lead of 33 on Day Three...

India’s Apr-Nov fiscal deficit at over 135% of budgeted target (Lead)

New Delhi, Dec 31 | India's budgetary fiscal deficit for the April-November 2020-21 period stood at Rs 10.75 lakh crore, or 135.1 per cent...

India’s Apr-Nov fiscal deficit at over 135% of budgeted target

New Delhi, Dec 31 | India's budgetary fiscal deficit for the April-November 2020-21 period stood at Rs 10.75 lakh crore, or 135.1 per cent...

Israel’s annual budget deficit hits record $46.2bn

Tel Aviv, Dec 7 | Israel's annual budget deficit reached a record of $46.2 billion, said a report published by the Ministry of Finance.The...

Trade deficit might widen as Covid dents exports: Experts

New Delhi, Dec 5 | The overall trade deficit is likely to widen as rising coronavirus cases and subsequent lockdowns in key export markets...

India’s Apr-Oct fiscal deficit at around 120% of budgeted target (Lead)

New Delhi, Nov 27 | India's budgetary fiscal deficit for the April-October 2020-21 period stood at Rs 9.53 lakh crore, or 119.7 per cent...

India’s Apr-Oct fiscal deficit at around 120% of budgeted target

New Delhi, Nov 27 | India's budgetary fiscal deficit for the April-October 2020-21 period stood at Rs 9.53 lakh crore, or 119.7 per cent...

India’s Apr-Sep fiscal deficit at around 115% of budgetary target

New Delhi, Oct 29 | India's budgetary fiscal deficit for the April-September 2020-21 period stood at Rs 9.13 lakh crore, or 114.8 per cent...

States’ fiscal deficit to almost double in FY21, suggests RBI report

New Delhi, Oct 27 | The states' finances are going deeper into a crisis situation with a new Reserve Bank of India report now...

US budget deficit hits record high

Washington, Oct 17 | The US federal budget deficit has increased to a record $3.1 trillion in the 2020 fiscal year, as the Covid-19...

9 holistic ways to manage Attention Deficit Disorder

New Delhji, Oct 10 (IANSlife) "The true art of memory is the art of attention," wrote Samuel Johnson. Wise words, indeed, but how exactly...

Consolidated Centre, state fiscal deficit may touch 13% of GDP: SBI...

New Delhi, Oct 1 | The FY21 consolidated fiscal deficit of the Centre and state governments might touch 13 per cent of GDP, said...

India’s Apr-Aug fiscal deficit at over 109% of budgetary target (Lead)

New Delhi, Sep 30 | India's budgetary fiscal deficit for the April-August 2020-21 period stood at Rs 8.70 lakh crore, or 109.3 per cent...

India’s April-July fiscal deficit at 103.1% of budgetary target (Lead)

New Delhi, Aug 31 | India's budgetary fiscal deficit for the April-July 2020-21 period stood at Rs 8.21 lakh crore, or 103.1 per cent...

India’s April-July fiscal deficit at 103.1% of budgetary target

New Delhi, Aug 31 | India's budgetary fiscal deficit for the April-July 2020-21 period stood at Rs 8.21 lakh crore, or 103.1 per cent...

COVID-19 fallout: Fiscal deficit may rise 6.8 pc of GDP in...

New Delhi, Aug 3 | With economic disruptions set for a long haul due to COVID-19 pandemic, India could see its fiscal deficit this...

April-June fiscal deficit at 83.2% of budgetary target (Ld)

New Delhi, July 31 | India's budgetary fiscal deficit for the April-June 2020-21 period stood at Rs 6.62 lakh crore, or 83.2 per cent...

Australia announces record high budget deficit

Canberra, July 23 | The Australian government on Thursday announced the country's biggest budget deficit since World War II.Treasurer Josh Frydenberg and Finance Minister...

India faces power deficit despite low demand on Covid-19

New Delhi, July 14 | The Covid-19 pandemic and slowdown in demand across sectors has not eased the country's power supply deficit situation which...

Fiscal deficit may rise 6.8% of GDP in FY21: Report

New Delhi, July 1 | With economic disruptions set for a long haul due to Covid-19 pandemic, India could see its fiscal deficit this...

April-May fiscal deficit at 58.6% of budgetary target

New Delhi, June 30 | India's budgetary fiscal deficit for the April-May 2020-21 period stood at Rs 4.66 lakh crore, or 58.6 per cent...

India’s FY20 fiscal deficit at 4.5% of GDP, higher than revised...

New Delhi, May 29 | India overshot the revised fiscal deficit target for 2019-20, as it came in at 4.59 per cent of GDP,...

Baghel urges PM to keep credit limit at 6%, fiscal deficit...

Raipur, May 1 | Citing financial problems amid the coronavirus-induced lockdown, Chhattisgarh Chief Minister Bhupesh Baghel on Friday requested Prime Minister Narendra Modi on...

US agency forecasts budget deficit of $3.7tn, 16% unemployment

Washington, April 25 | The Congressional Budget Office (CBO), a federal agency within the legislative branch of the US government, forecast that the country's...

Saudi predicts 2020 budget deficit to be 7-9%

Riyadh, March 21 | Saudi Arabia predicted that the deficit of the 2020 state budget will range between 7 to 9 per cent amid...

Pawar presents Rs 9,511 cr deficit Maha budget for 2020-21

Mumbai, March 6 | Focussing on health, education and farmers, Maharashtra Deputy Chief Minister Ajit Pawar on Friday presented a Rs 9,511 crore deficit...

India’s Apr-Jan fiscal deficit at 129% of revised target

New Delhi, Feb 28 | India's budgetary fiscal deficit for the April-January period was Rs 9.85 lakh crore, or 128.5 per cent of the...

1st Test: Williamson helps NZ cut deficit at Tea on Day...

Wellington, Feb 22 | Skipper Kane Williamson made sure New Zealand didn't let the efforts of the bowlers go in vain as the hosts...

Fiscal deficit as GDP percentage touched 4.56% in Dec: FinMin data

New Delhi, Feb 21 | Fiscal deficit as a percentage of GDP touched 4.56 per cent as of December 2019 with total receipts pegged...

Fiscal deficit may dip to 3.5% on AGR dues payment: SBI

New Delhi, Feb 17 | The fiscal maths of the government will change significantly if it is able to recover Rs 1.20 lakh crore...

Business

IIIT-H develops unique charging solution for e-bikes

Hyderabad, April 21 | Researchers at the International Institute of Information Technology, Hyderabad (IIIT-H) have designed a unique charging solution for e-scooters.Dr. Aftab Hussain,...