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Budget to focus on fiscal consolidation; cap fiscal gap at 5.9% : Report

The previous budget had pencilled in a fiscal deficit -- the money the government will have to borrow from the market to meet its expenditure -- of 6.4 per cent.

COVID-19 impact | Government looking to raise Rs 10,000 crore via tax-free bonds: Report

The Ministry of Finance is looking to raise money in multiple instalments and is reportedly in talks with bankers.

Editor's Take | Economic Survey Highlights

Moneycontrol's Sakshi Batra talks to Gaurav Choudhury to understand the growth and fiscal targets highlighted in the survey and the economic challenges.

Privatization a better bet than divestment: Kotak Sec

According to a Kotak report titled â€˜Strategy: Divestment versus privatization‘, it may not be the best idea. â€œWe believe it is important for the government‘s divestment imperative to include a longer-term plan to improve the performance of public sector entities,â€ it said.

FY14 fiscal deficit expected to be lower than 4.8% target

Government believes that fiscal gap for FY14 is likely to come in at 4.65 percent, lower than the projected 4.8 percent of the GDP.

Fiscal situation likely to be better in 2012: SBI Head

While every macro economic parameter is looking difficult, perhaps the most important one will be growth. CNBC-TV18 catches up with the chairman of the country's biggest bank, Pratip Chaudhury of SBI to get a sense of where the economy is headed in 2012.

India surprises with higher borrowing; yields surge

India increased its bond sale target for the financial year to make up for a shortfall in a government scheme for small savers, spooking investors already girding for extra borrowing to fill an anticipated fiscal gap.