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Latest Articles in fiscal deficit

States' fiscal deficit at 37 pc for Q1, total capex by govts grows just 2 pc: Motilal Oswal

States' fiscal deficit at 37 pc for Q1, total capex by govts grows just 2 pc: Motilal Oswal

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States may cut FY21 capex by Rs 3 lakh crore due to GST shortfall: ICRA

States may cut FY21 capex by Rs 3 lakh crore due to GST shortfall: ICRA

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Share Of External Financing Of Fiscal Deficit Soars To 4.5% In Q1 This Fiscal: Report

The government has run 83 per cent of its borrowing target as of June, according to official numbers released on July 31, due to the impact of the pandemic that crippled the economy.

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Australia Forecasts Biggest Postwar Fiscal Deficit On Virus-Driven Stimulus

Net debt is expected to be A$488.2 billion, or 24.6% of GDP at 30 June 2020 and jump to A$677.1 billion, or 35.7% of GDP by mid-2021.

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India's Fiscal Deficit Touches 58.6% Of Annual Target In Two Months

India's federal fiscal deficit touched 4.6% of GDP in 2019/20 fiscal year ending March, from initial estimates of 3.3%.

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Fitch revises India's outlook to negative, affirms IDR at BBB-minus

Fitch revises India's outlook to negative, affirms IDR at BBB-minus

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Covid-19 Outbreak To Hit Growth, Widen Fiscal Deficit: Report

According to SBI Research's Ecowrap report, the month of March is severely affected by travel and transport curbs, which will have a spillover effect on growth.

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India's Growth, Fiscal Deficit Projections Challenging To Meet: Moody's Analyst

India's finance minister, Nirmala Sitharaman, set a fiscal deficit target of 3.5 per cent of GDP for the year ending March 2021 and said it expected nominal GDP of 10 per cent.

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Fiscal Deficit Target Raised To 3.8% From 3.3% For FY20

This fiscal path commits us to the path of fiscal consolidation without compromising the needs of investment out of public funds.

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Survey Pins Hope On GST Revenue Collections To Rein In Fiscal Deficit

In 2019-20, the Centre's fiscal deficit was budgeted at Rs 7.04 lakh crore (3.3 per cent of GDP) as compared to Rs 6.49 lakh crore (3.4 per cent of GDP) in 2018-19.

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Indian Bonds Gain As RBI Widens Special Open Market Operation

Market participants broadly expect the government to announce a 0.4 per cent-0.6 per cent slippage in fiscal deficit.

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S&P Reaffirms India's Sovereign Credit Rating At BBB Minus With Stable Outlook

S&P's rating action follows Moody's Investors Service's recent lowering of India's rating outlook to negative from stable.

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GST Mop-Up Crosses Rs 1 lakh Crore

The government, however, said the revenues shot up sharply in November due to festival demand in October.

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Fitch Raises India's FY20 Fiscal Deficit Forecast To 3.6% Of GDP

The move is estimated to result in Rs 1.45 lakh crore in revenue loss for the government during FY2019-20.

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Govt Says No Plans To Revise Fiscal Deficit Target Or Cut Spending Now

Govt cut corporate tax rates in a surprise move designed to woo manufacturers, revive private investment and lift growth from a 6-year low.

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