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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...

US Fed Chair Powell calls on Congress to cut budget deficit

Washington, Feb 12 | US Federal Reserve Chair Jerome Powell has called on the Congress to reduce the federal budget deficit, which is expected...

RBI rules out monetising deficit of Central govt

Mumbai, Feb 6 | RBI Governor Shaktikanta Das on Thursday ruled out any step by RBI to bail out the government from fiscal deficit...

US trade deficit declines for 1st time in 6 yrs

Washington, Feb 6 | For the first time in six years, the US trade deficit in goods and services has declined in 2019, falling...

Fiscal deficit for FY20 at 3.8%: FM

New Delhi, Feb 1 | The fiscal deficit for the current fiscal will be 3.8%, up from the earlier estimated 3.3%, Finance Minister Nirmala...

India’s Apr-Dec fiscal deficit at 132.4% of budgetary target

New Delhi, Jan 31 | India's budgetary fiscal deficit for the April-December period was Rs 9.31 lakh crore, or 132.4 per cent of the...

Focus on export boosting services to mitigate trade deficit: Economic Survey

New Delhi, Jan 31 | India should focus on export boosting services during bilateral trade negotiations to mitigate deficit with trading partners, the Economic...

Survey pins hope on GST revenue to rein in fiscal deficit

New Delhi, Jan 31 | The Economic Survey on Friday pinned its hope on uptick in growth of cumulative GST collections in October 2019...

DBS Bank’s Radhika Rao expects govt to miss fiscal deficit target...

By Ravi Dutta MishraNew Delhi, Jan 30 | The Central government may miss the fiscal deficit target of 3.3 per cent for FY20 by...

India’s Apr-Nov fiscal deficit at 114.8% of budgetary target (Lead)

New Delhi, Dec 31 | India's budgetary fiscal deficit for the April-November period was Rs 8.07 lakh crore, or 114.8 per cent of the...

India’s Q2 current account deficit narrows to $6.3 bn

Mumbai, Dec 31 | Lower trade deficit, along with higher remittances, aided in narrowing India's current account deficit to $6.3 billion in Q2 of...

HK likely to record first budget deficit in 15 years

Hong Kong, Dec 2 | Hong Kong could record a budget deficit for the first time in 15 years, Financial Secretary Paul Chan announced...

Centre’s fiscal deficit to be about 3.7% in FY20: Moody’s

New Delhi, Nov 27 | Ratings agency Moody's Investors Service has projected Centre's fiscal deficit to be about 3.7 per cent of the gross...

High revenue deficit stares at new Maha incumbent post floor test

New Delhi, Nov 27 | If the Sena-NCP-Congress government makes it after the floor test on Thursday, they will have to take steps to...

High revenue deficit will be issue for new Maharashtra govt

New Delhi, Nov 27 | The Sena-NCP-Congress government, set to take power on Thursday, will have to take steps to check the widening revenue...

Govt will miss fiscal deficit target of 3.3%: Bibek Debroy

New Delhi, Oct 11 | Bibek Debroy, Chairman of the Prime Minister's Economic Advisory Council, has said in an interview to Karan Thapar that...

Jharkhand witnesses 19% deficit rainfall

Ranchi, Oct 1 | Jharkhand has witnessed 19 per cent less rainfall in this monsoon season till September 30, the Meteorological Department said. "The rainfall...

India’s Q1 current account deficit narrows to $14.3 bn

Mumbai, Sep 30 | Lower crude oil prices, along with higher earnings from invisible trade such as services, aided in narrowing India's current account...

Fiscal deficit may remain at 3.5-3.6% post-corp tax cuts

Mumbai, Sep 26 | The risks of a large fiscal slippage in the current year are expected to be addressed through larger non-tax revenues...

Business

RBI proposals to restrict land financing by NBFCs: Report

New Delhi, Jan 26 | The Reserve Bank's proposals on restricting specific real estate funding by NBFCs will significantly affect land financing by them,...