India's GDP beats estimate, fiscal deficit target in focus
India's nominal GDP for FY25 estimated at Rs 357.14 lakh crore, slightly above budget projection. Fiscal deficit target of 4.4% hinges on spending control. Read the full analysis.
India's nominal GDP for FY25 estimated at Rs 357.14 lakh crore, slightly above budget projection. Fiscal deficit target of 4.4% hinges on spending control. Read the full analysis.
Karnataka's fiscal deficit hits the legal 3% ceiling due to rising borrowings for welfare schemes. Officials say borrowing may touch Rs 93,000 crore. Read more on the state's budget challenges.
India's economy grew at a robust 7.6% in real terms for FY24, yet low inflation significantly narrowed nominal GDP growth, impacting budget calculations. Economists weigh in on the implications.
Official data projects India's economy to grow 7.4% this fiscal, powered by strong manufacturing and household spending. Key drivers and expert insights revealed.
Karnataka plans India's biggest quarterly state borrowing of Rs 93,000 crore in Q4 FY26, averaging Rs 31,000 crore monthly. ICRA data shows modest borrowing till December. Read more.
As India's fiscal devolution faces scrutiny, a prudent balance is critical for mending strained Centre-state ties. Expert analysis on the path forward. Read more.
India's economy is projected to expand 6.9% in FY27, driven by reforms and trade pacts. Retail inflation may average 3.8%. Read the full forecast.
India Ratings and Research forecasts India's GDP growth at 6.9% for FY27, citing a persistent 'Goldilocks' economic scenario. Key drivers include robust investment and controlled inflation. Read the full analysis.
Leader of Opposition Tikaram Jully accuses BJP govt of fiscal mismanagement, rising debt, and failing law & order ahead of Rajasthan's budget session. Read the full story.
Across Indian states and the Centre, outsourcing is now the go-to solution for unfilled posts and fiscal pressure. Explore the implications for jobs and governance.
Delhi government signs a historic MoU with RBI for financial reforms. Funds to focus on Yamuna rejuvenation, water supply, and infrastructure. A new era of fiscal discipline begins.
Analysis reveals state capital expenditure doubled to Rs 8.4 trillion in 5 years, driven by central loans & borrowing flexibility. The 16th Finance Commission's recommendations will be crucial for future spending space. Read more.
Former FM P Chidambaram states Tamil Nadu's new pension scheme TAPS is feasible with strict financial management. He urges focus on boosting state's own tax revenue. Read more.
GST rate reductions impact tax revenues, pushing Centre's fiscal deficit to 62.3% of target. States face higher borrowing costs. A year of tough expenditure cuts ahead to meet deficit goals. Read the full analysis.
India's fiscal discipline is acting as preventive medicine for the economy, creating buffers against global shocks. Learn how this strategy ensures stability and growth.
New York City's new Mayor Zohran Mamdani promises aggressive taxation and redistribution, but inherits a budget set for deep deficits. Analysis of the fiscal challenge ahead. Read more.
India's fiscal deficit for April-November FY25 widened to Rs 9.77 lakh crore, marking a 15.4% year-on-year surge. Explore the key drivers and government's fiscal roadmap.
Former FM P Chidambaram counters AICC's Praveen Chakravarthy, says debt-to-GSDP ratio is the true fiscal health indicator. TN's liabilities within limits. Read the full debate.
Carmen Reinhart warns the US dollar's 'exorbitant privilege' is under threat as nations hedge bets. Rising deficits & trade uncertainty fuel a slow but steady diversification from dollar assets. Read analysis.
The US Federal Reserve's independence faces unprecedented political pressure, risking inflation control and global dollar trust. Key analysis on AI boom, deficits, and market risks.
Recent changes to India's rural job scheme highlight deep fiscal fault lines. States argue their autonomy is eroding as the Centre pushes co-financing. Explore the data on tax shares, cesses, and political penalties.
India aims to stick to its medium-term fiscal deficit target of 4.3% in FY26, buoyed by a record RBI dividend. However, rising subsidy costs and lower nominal GDP growth present significant challenges to consolidation. Explore the details.
Himachal Pradesh grapples with a massive ₹1.14 lakh crore debt. Discover the state's revival plan involving central assistance, fiscal discipline, and new revenue sources. Can these measures pull HP out of the red?
Punjab's debt crisis escalates to Rs 3.73 lakh crore, consuming 46% of revenue. This fiscal emergency threatens development and demands urgent policy action. Read the full analysis.
CAG report reveals Indian states face mounting fiscal stress with rising debt and rigid spending, limiting investment capacity. Key findings on revenue, deficits, and liquidity concerns.
India's fiscal deficit for April-November hits ₹9.76 lakh crore, cushioned by strong non-tax revenue. Tax collections lag, impacted by rebates and GST changes. Read the full analysis.
India's fiscal deficit for April-November FY26 reached 62.3% of the annual target, impacted by GST rate cuts. Tax revenue lags while expenditure rises. Key details inside.
Punjab's AAP government grapples with fiscal strain, debt burden, and GST compensation loss in 2024. Can it navigate the economic headwinds? Read our analysis.
India's fiscal deficit reached Rs 9.76 lakh crore by November 2025, covering 62.3% of the full-year target. Explore the details on revenue and expenditure trends shaping the economy.
Government data reveals India's fiscal deficit touched 62.3% of the full-year target by November 2025. The Centre's budget aims for a 4.4% GDP deficit in FY26. Read the full analysis.