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fiscal deficit target

08 Mar 2019

Govt will meet fiscal deficit target of 3.4 percent in FY'19: SC Garg

As per the interim Budget 2019-20, the government has pegged fiscal deficit target of 3.4 percent for the current fiscal year ending March 31.

01 Feb 2018

Fiscal deficit to overshoot to 3.5% from earlier estimate of 3.2% in FY'18

Fiscal deficit has a bearing on sovereign rating of the country as well as the debt market.

29 Dec 2017

Fiscal deficit breaches FY18 target at November-end

During the same period of 2016-17, the deficit stood at 85.8 percent of that year's target.

fiscal deficit target

23 Oct 2017

Fiscal deficit of 3.2% seems not difficult in FY18: Report

The report however noted that to manage the fiscal deficit, the government needs to cut expenditure substantially.

India's fiscal deficit

17 Oct 2017

Govt likely to stick to deficit target, may step up bank reform

Growth slipped to its lowest level in three years in the first quarter, logging an annual rate of 5.7 percent, but Bhalla said there were signs of recovery in the economy.

Excise duty cut

04 Oct 2017

Excise duty cut on petrol, diesel adds to fiscal concerns: Nomura

The government announced a reduction in the central excise duty on petrol and diesel by Rs 2 per litre effective October 4, 2017 amid rising international prices.

India's fiscal deficit

31 Aug 2017

Fiscal deficit touches 92.4% of budget estimates at July-end

For 2017-18, the government aims to bring down the fiscal deficit to 3.2 percent of the GDP.

Larsen & Toubro Ltd

21 Jun 2017

Government sells $619 million stake in Larsen & Toubro

India sold a 2.5 percent stake in engineering and construction group Larsen & Toubro Ltd.

fiscal deficit target

31 May 2017

Govt meets 3.5% fiscal deficit target in 2016-17

The government on Wednesday said it has achieved the fiscal deficit target of 3.5 percent of GDP in 2016-17.

Government Panel

23 Jan 2017

'FRBM panel to relax 2017-18 fiscal deficit target to 3-3.5%'

The government panel set up to review the working of Fiscal Responsibility and Budget Management (FRBM) Act, is expected to relax the fiscal deficit target to 3-3.5 per cent of GDP for 2017-18, says a report.

fiscal deficit target

16 Jan 2017

Limited room to reduce fiscal deficit to 3% in FY'18: Moody's

The government is likely to achieve its fiscal deficit target of 3.5 percent of GDP in the current fiscal but higher infrastructure spending will limit the room to reduce it further to 3 percent in 2017-18, Moody's said today.

30 Nov 2016

Fiscal deficit in April-October at 79.3% of full year estimate

India's fiscal deficit during the seven months to October was Rs 4.24 trillion (USD 61.91 billion), or 79.3 percent of the budgeted target for the fiscal year ending in March 2017, government data showed on Wednesday.

fiscal deficit target

20 May 2016

FY18 fiscal deficit target may be set at 3-3.5% than 3%: BofA

Government's fiscal deficit target for next fiscal could be changed to a 'range' and set at 3-3.5 percent of the GDP, rather than 3 percent, says a Bank of America Merrill Lynch (BofA-ML) report.

29 Feb 2016

Union Budget: FM Jaitley retains fiscal deficit target at 3.9% in FY16

Chief Economic Adviser

27 Feb 2016

Govternment to take balanced view on fiscal deficit target: CEA

Government is open to the idea of going in for higher fiscal deficit to propel growth in the upcoming Budget and will take a balanced view after considering various factors, Chief Economic Adviser Arvind Subramanian said.

21 Feb 2016

'Government can opt for longer route to 3% fiscal deficit target'

fiscal consolidation

18 Feb 2016

Govt to delay fiscal roadmap, project deficit at 3.9%: Goldman

Government may deviate from the fiscal consolidation roadmap and up its deficit target for 2016-17 to 3.9 per cent of GDP to push rural demand and pay higher wages to civil servants, Goldman Sachs said today.

12 Feb 2016

'Govt can breach fiscal deficit target to fund infrastructure'

The fiscal consolidation roadmap laid out by Jaitley had estimated fiscal deficit to come down to 3.9 percent in current fiscal and further to 3.5 percent next fiscal.

07 Feb 2016

Government to meet fiscal deficit target for FY16: Deutsche Bank

The government is likely to meet its fiscal deficit target of 3.9 per cent for the current financial year and is expected to set it at 3.8 per cent of the GDP for the next fiscal, says a Deutsche Bank report.

India's fiscal deficit

19 Jan 2016

Govt may miss fiscal deficit target again, gap seen at 4.1%: Ind-Ra

The lower GDP growth is likely to result in the government breaching the FY16 fiscal deficit target of 3.9 percent by 0.20 percent, domestic rating agency India Ratings said Tuesday.

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