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Indian Budget Deficit

Aug 17, 2016 at 16:17 | Source: Reuters
The airline, a tie-up between Malaysian carrier AirAsia Bhd and India's Tata Sons conglomerate, said it planned to add a seventh A320 jet to its fleet and bring the south Indian city of Hyderabad into its network of destinations by September.
Aug 17, 2016 at 14:28 | Source: PTI
The diesel procurement policy has been reviewed and it has been deciced to import crude oil directly and get it refined at oil marketing companies here, said a senior Railway Ministry official.
Aug 12, 2016 at 19:08 | Source: PTI
Indian economy is showing "bright" near-term prospects, but reducing fiscal deficit to 3.5 percent of GDP in 2016-17 is a challenge because of additional liabilities on account of pay revision, the government said on Friday.
Aug 11, 2016 at 11:19 | Source: Reuters
The government had a deficit of USD 149 billion in July 2015, according to Treasury's monthly budget statement.
Aug 09, 2016 at 21:10 | Source: PTI
The merger should happen in such a way that Railways become a part of overall Budget and the capex, revenue deficit all of this can be taken care of, Prabhu said.
Aug 04, 2016 at 12:00 | Source: CNBC-TV18
"We have done our all our calculations, and spent only where it was necessary social welfare programmes like MNREGA and crop insurance schemes; we are confident of maintaining the fiscal deficit target with these additionalities in expenditure," says Finance Secretary, Ashok Lavasa.
Jul 27, 2016 at 12:34 | Source: PTI
Indian economy grew 7.9 percent in March quarter and recorded a five-year high growth rate of 7.6 percent for the 2015-16 fiscal on robust manufacturing growth.
Jul 22, 2016 at 10:24 | Source: PTI
The firm estimates that the 11-rated PSBs need Rs 1.2 lakh crore capital to shore up their balance sheets, which far exceeds the Rs 45,000-crore budgeted for disbursal to the banks by March 2019.
Jul 22, 2016 at 08:24 | Source: Reuters
The Cabinet Office now forecasts the primary budget deficit will be 1.9 percent of gross domestic product in fiscal 2018 from 1.7 percent it projected in January, NHK said.
Jul 16, 2016 at 09:56 | Source: PTI
The Federal Reserve last month trimmed its GDP forecast from 2.2 percent to 2 percent and economists at JPMorgan Chase are even more pessimistic, expecting the economy to grow by just 1.8 percent this year, down from last year's 2 percent gain.
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