January 21, 2020 12:44 PM IST Infra, agriculture, rural economy, automobiles, Make-in-India thrust, more on ease of doing business, employment generation thrust could gain focus from the Budget.
January 18, 2020 09:13 AM IST Given that elections are behind, the Budget would focus on reforms and means to increase demand. The infrastructure sector would be one of the biggest beneficiaries, personal income tax tweaks could be on the cards to revive consumption.
January 17, 2020 12:51 PM IST Markets have factored in a slip in fiscal deficit and will be comfortable with slippage of around 50 bps, says Pankaj Bobade of Axis Securities.
January 16, 2020 05:22 PM IST Tune in to this special podcast to know all about fiscal deficit.
January 16, 2020 11:57 AM IST Agriculture and allied primary activities, infrastructure, banking, and financial services, especially the non-banking sector, and auto are the sectors that may receive attention in the Budget, says Dr Joseph Thomas of Emkay Wealth Management.
January 16, 2020 09:02 AM IST Opinion is divided on how the government should nurse the economy back to health
January 15, 2020 02:00 PM IST While the recently announced National Infrastructure Pipeline is a step in the right direction, there are a few other areas which need to be addressed on a priority basis given the global experiences in PPPs.
January 15, 2020 10:39 AM IST A slippage in the fiscal deficit beyond 4 percent will come as a shock, says Vinay Pandit of IndiaNivesh.
January 10, 2020 12:10 PM IST I would not be surprised if the government sets a target of more than Rs 1 trillion for disinvestment proceeds, says Nikhil Gupta, chief Economist, Motilal Oswal Financial
January 09, 2020 10:15 PM IST Fiscal deficit is the difference between total revenue (or income) of the government in comparison to the total expenditure.
January 09, 2020 02:50 PM IST Weakness in the manufacturing sector, poor tax collections and an unprecedented lull in consumer demand have been a drag on the economy. Government’s policy flip-flops in some key sectors and worsening global conditions have made the situation worse
January 08, 2020 01:25 PM IST The government should invoke the escape clause under the Fiscal Responsibility and Budget Management Act but stay within the prescribed 0.5% wiggle room allowed in an extraordinary year under the guidelines, said the official, who spoke on condition on anonymity.
January 08, 2020 11:25 AM IST Slowing growth means more companies coming under stress. That is bad news for banks that are still fighting the ghost of bad loans that have originated in the past. Banks may see fresh bad loans emerging from small and medium-sized companies (the large ones are already accounted for through NCLT courts).
January 08, 2020 08:55 AM IST Growth in GDP at current prices at 7.5 percent is the lowest since 1975-76
January 06, 2020 07:47 PM IST In October and November, government spending increased by Rs 1.6 lakh crore, nearly half the Rs 3.1 lakh crore it spent in September. The fiscal year starts April 1 and ends March 31.
January 04, 2020 10:00 AM IST Fiscal deficit is the difference between total revenue (or income) of the government in comparison to the total expenditure.
January 02, 2020 10:20 AM IST Gross tax collections till November this fiscal year have gone up by a mere 0.8 percent, the lowest since 2009-10
December 30, 2019 05:34 PM IST According to Dun & Bradstreet's Economy Forecast, the need for fiscal stimulus has increased even as the government finances remain "strained".
December 17, 2019 07:54 PM IST The comments weeks after official data indicated that the government has exhausted 107 per cent of the budgeted deficit gap of 3.4 per cent with five months to go for the fiscal end.
December 11, 2019 12:39 PM IST As of October-end, the fiscal deficit stood at 102.4 percent of this target. To achieve the 3.3 percent target, nominal GDP has to grow at 12 percent of GDP, a tough ask given that GDP growth in Q2 came in at 6 percent
December 02, 2019 09:07 PM IST "Economic growth in FY20 is likely to be 5.6 percent and this does not instill confidence in achievement of 3.3 percent fiscal deficit target unless there is steep expenditure reduction, which in the present scenario looks unlikely," said Devendra Pant, Chief Economist at India Ratings.
November 29, 2019 05:02 PM IST Net tax receipts in the April-October period was Rs 6.83 lakh crore, while total expenditure was Rs 16.55 lakh crore, the data showed.
November 19, 2019 03:50 PM IST "No sir," Minister of State for Finance Anurag Thakur said in a written reply in the Rajya Sabha to a query if the government intends to revise fiscal deficit in view of the economic slowdown.
November 05, 2019 06:34 PM IST The government has pegged the fiscal deficit for the current financial year at Rs 7.03 lakh crore, aiming to restrict the deficit at 3.3 percent of the gross domestic product (GDP).
November 04, 2019 08:52 AM IST This is the right time for aggressive privatisation
