Fiscal Deficit

Iran conflict: How vulnerable is India’s economy?

A spike in crude prices threatens to widen India’s current account deficit, stoke inflation, and put pressure on the rupee

India's current account deficit widened in December quarter on large trade gap

The current account deficit stood at $13.2 billion, or 1.3% of GDP, in the third quarter of fiscal year 2025-26, compared with $11.3 billion, or 1.1% of GDP, a year earlier

India's April-January fiscal deficit at 63% of FY26 target

Capital expenditure was at Rs 8.4 lakh crore as against Rs 7.6 lakh crore a year ago

US trade deficit widens, capping one of biggest since 1960

The December deficit reflected a 3.6% increase in the value of imports. Exports of goods and services declined 1.7%.

Gold imports jump in January, Swiss, UAE inflows lead spike

Overall, gems and jewellery imports, at $15.3 billion in January, drove merchandise imports up 19% from a year earlier

India's trade deficit widens to $34.7 billion in January

Goods imports rose due to gold and silver shipments

FTA partners accounted for a third of India’s goods trade gap at $31 billion in Q2 FY26

India’s exports to its FTA partners amounted to $38 billion during the second quarter of the current fiscal, while imports rose 5 percent year-on-year to $69.8 billion, resulting in a sizeable trade gap.

Private sector responding to govt's capex push in electronics, autos, cement, steel, says DEA secretary Thakur

The government is confident of meeting its capital expenditure target for FY27, supported by diversification across sectors and higher infrastructure loans to states, Anuradha Thakur tells Moneycontrol

China market access remains slow; balancing imports, make in India key to narrowing trade deficit, says FM Sitharaman

On the central government weighing possible changes to Press Note 3 to spur investments, Sitharaman said discussions on this have taken place.

Growth guides consolidation pace; comfortable with 4.3% fiscal deficit target for FY27, says FM Sitharaman

The fiscal deficit target for FY27 is just 10 percentage points lower than the aim for the current financial year.

India's Budget 2026-27: Fiscal discipline meets growth ambition

The STT hike is a short-term headwind for equity markets and bond yields may remain elevated due to higher borrowing

Union Budget 2026: Karnataka CM Siddaramaiah slams retention of 41% tax devolution, says states’ fiscal responsibilities ignored

CM points to Karnataka’s reduced share of divisible taxes-down to 4.131% from 4.71%-saying it could cost the state Rs 10,000-15,000 crore annually; calls budget heavy on vision, light on action.

Was the STT hike necessary from the fiscal perspective?

To discipline excessive speculation by retail investors, the finance minister could have chosen a non-fiscal path

Budget 2026 focuses on long term growth but falls short on reviving private sector investment: Experts

Economists say that the budget clearly resisted any temptation to push growth higher this fiscal, or even fight the global situation.

Budget 2026: Govt has maintained fiscal prudence along with capex push, says FM Sitharaman

Finance Minister Nirmala Sitharaman says public investment drive continues alongside macroeconomic stability

Centre pegs FY27 fiscal deficit at 4.3% of GDP

The fiscal deficit in FY25 stood at 4.8 percent of GDP, which was 80 bps lower than 5.6 percent in FY24.

April-December fiscal deficit at 54.5% of FY26 target

Net tax receipts at Rs 19.4 lakh crore, up from Rs 18.4 lakh crore collected in the same period a year ago

Centre on course to meet 4.4% FY26 fiscal deficit target, says Economic Survey

Conservative fiscal management, higher quality spending and capital expenditure focus strengthened credibility, contributing to sovereign rating upgrades, the survey has said

MC-Deloitte CXO survey: Geopolitics, trade uncertainty, US trade deal delay key global, domestic risks

The CXO survey was conducted by Moneycontrol and Deloitte between December 2025 and January 2026. The survey includes CXOs from across industries, such as, banking and insurance; manufacturing; transport and logistics; energy; life sciences and health; telecom and tech; e-commerce.

Economists see fiscal consolidation on track as deficit expected at 4.2%, debt at 55.2% in FY27: MC Poll

Pre-Budget survey of 20 economists shows confidence in debt stabilisation even as borrowing remains elevated

India's merchandise trade deficit marginally widens to $25 billion in December

India's exports to US increased 9.8% on year during April-December of FY26

OPINION | The scale of borrowing expected in the Budget may keep yields sticky

The Budget will herald a shift to a new fiscal anchor, the debt-to-GDP ratio. Given the indicative glide path to lower the ratio, interest rates are unlikely to decline sharply 

Govt to stick to 4.4% fiscal deficit aim in FY26 but will need to 'manage' expenditure

Economists say Centre will have to cut down on revenue and capital expenditure to achieve 4.4% of fiscal deficit target, as they see a sharp shortfall in tax revenues – more than Rs 1 lakh crore in FY26.