fiscal deficit
Economy
Govt may seek $4.3 bn interim dividend from RBI to bridge fiscal gap
The Indian government may request an interim dividend of around 300 billion rupees ($4.3 billion) from the Reserve bank of ......
Economy
Why PM Modi's corporate tax cut is unlikely to spur job bonanza
With one eye on flagging demand, businesses in India are likely to bank the government's $20.4 billion corporate tax windfall ......
Economy
Govt says no plans to revise fiscal deficit target or cut spending now
India will not revise its fiscal deficit target immediately and is not planning any spending cuts at this stage, the ......
Economy
Rating firm S&P Global says India's corporate tax cuts are 'credit negative'
Rating firm S&P Global said on Friday India’s move to cut corporate tax rates was a “credit negative development” despite ......
Economy
Govt gives companies $20.5 bn tax break in bid to revive growth
The Indian government on Friday slashed corporate taxes in a bid to pump up the flagging fortunes of the economy, ......
Finance
Fiscal deficit under threat if oil surge continues: RBI Governor
India's current account and fiscal deficit might take a hit if oil prices continue to rise after an attack on ......
Economy
India likely to miss fiscal deficit target amid pressure for more stimulus
India is likely to miss its fiscal deficit target for the current financial year, despite receiving an additional dividend from ......
Economy
Fiscal deficit crosses 77% of budgeted target in first four months of FY20
India’s fiscal deficit in the four months through July stood at 5.48 trillion rupees ($76.65 billion), or 77.8% of the ......
Finance
Fiscal deficit crosses 61% of budgeted target in first three months of 2019-20
India’s fiscal deficit in the three months ending in June stood at 4.32 trillion rupees ($62.80 billion), or 61.4% of ......
Finance
Govt aims to raise $2.18 bn by cutting stakes in 18 firms to 75%
India’s government aims to raise up to 150 billion rupees ($2.18 billion) by reducing its stake in 18 state firms ......