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Fiscal deficit

FISCAL DEFICIT NEWS

Is the door still open? Musk’s X posts hint at possible Trump reconciliation

June 06, 2025 11:23 pm

The feud erupted publicly on Thursday after Trump criticised Musk in the Oval Office. The two then traded barbs via their platforms: Trump on Truth Social, Musk on X.

Trump 2026 budget blueprint: Deep cuts to social programmes, major boost to defence

May 02, 2025 11:14 pm

The budget, released Friday, includes a sweeping 7.6 per cent cut to discretionary domestic programmes but a 13 per cent increase in national security spending.

India’s fiscal balancing amid global economic uncertainties

May 01, 2025 12:54 pm

Amid US President Donald Trump’s tariff regime looming over global trade, India’s fiscal deficit remains a key concern. But what exactly is the fiscal deficit and how does the government balance it to maintain growth and stability?

With eye on rising fiscal deficit, Maharashtra govt tightens rules on foreign funding

April 09, 2025 6:26 am

MITRA consultation must before moving with proposal

Tavleen Singh writes: Fiscal ruin in near future

October 06, 2024 5:12 pm

As a taxpayer when I see our political leaders spend recklessly on populist schemes in the name of welfare, I fear the worst. They appear bent on taking us backwards to a time when the world saw India as an economic basket case or, as foreign friends said to my face, a ‘land of starving millions.’

Budget may retain fiscal deficit target at 5.1%; job creation, social spending, capex to be key themes: Morgan Stanley

July 11, 2024 8:46 am

The fiscal deficit target which was 5.6 per cent of GDP in F24 is expected to be on track to attain the target of 4.5 per cent of GDP by FY26, Morgan Stanley report said.

Apr-Feb fiscal deficit at 86.5% of FY24 aim, net tax revenue falls in Feb

March 29, 2024 10:13 am

Net tax revenue turned negative during February primarily on account of a contraction in corporate tax revenue and due to the impact of transfer of tax devolution instalments to states, economists said.

Fiscal deficit at Jan-end touches 63.6% of full year target: Govt data

February 29, 2024 9:31 pm

In the corresponding period last year, the fiscal deficit or gap between the expenditure and revenue was 67.8 per cent of Revised Estimates of the Union Budget 2022-23.

Centre's fiscal deficit at 55 pc full-year target at Dec-end 2023: CGA

January 31, 2024 9:22 pm

In the corresponding period last year, the deficit was 59.8 per cent of the budget estimate of 2022-23.

States are spending. The economy is waiting

January 20, 2024 9:52 am

Increasing allocation by state governments for capital expenditure will boost growth

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