The Indian government will target a narrower fiscal deficit of 4.4% of gross domestic product for fiscal year 2025-26, down from a revised 4.8% for the current year, Finance Minister Nirmala ...

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India's government proposed some tax cuts aimed at boosting consumption and reviving an anemic economy ahead of upcoming national elections, while saying it would still be able to narrow its ...

Experts said India's fiscal position showed a marked improvement in the first two months of FY26. The Union government's ...

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A budget deficit is an issue for many economies, including India. However, it's important to remember that a country's fiscal imbalance does not automatically indicate its economy is in bad shape.

For India’s budget, a tightrope walk between jobs and gov’t deficit Growth is slowing but there is ‘no room for fiscal leniency’ if India is to meet fiscal deficit targets, economists say.

India will present 2023/24 budget on Feb. 1 Gov't may lower 2023/24 fiscal deficit to 5.8%-5.9% It has little room for tax concessions Growth in capital expenditure is likely to fall ...

Budget seeks to spur domestic demand as Trump tariffs loom Cuts taxes for middle-class yet narrows deficit as capex slowed Consumer stocks climb, infrastructure shares decline Plans higher-than ...

As India awaits the Union Budget for 2025-26, it's an apt time to explore key terms associated with this highly anticipated event. This article breaks down the concept of fiscal deficit and its ...

India will unveil its budget Wednesday, testing Prime Minister Narendra Modi’s fiscal mettle seen as key to boosting investor sentiment even as it will likely leave less room for handouts a year ...

India's budget deficit has steadily narrowed from a peak of over 9% in 2020-21. The switch in focus to debt-to-GDP, the government said, is in line with the current global thinking.