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India's fiscal deficit target News

India's fiscal deficit target

27 Dec 2017

Modi govt likely to miss fiscal deficit target after additional borrowing

Analysts said the additional borrowing was a "negative" that could raise the fiscal deficit to 3.5 percent of gross domestic product, against Finance Minister Arun Jaitley's stated target of 3.2 percent.

04 Oct 2017

Govt seeks to raise up to $1.7 billion from state-run reinsurer GIC Re's IPO

GIC Re set a price range of Rs 855-912 a share for its IPO that will run from Oct 11-13, according to a public notice on Wednesday.

Government borrowing

28 Sep 2017

Govt plans to borrow Rs 2 lakh crore in H2, FY18

To finance the fiscal deficit for the current financial year, the Budget has pegged gross borrowing at Rs 5.8 lakh crore and net borrowing at Rs 4.25 lakh crore.

25 Sep 2017

Arun Jaitley says planning steps to address growth concerns

Growth in Asia`s third-largest economy slowed to a three-year low of 5.7 percent in the quarter that ended in June, and Jaitley last week said that New Delhi was looking for ways to speed it up.

farm loan waivers

20 Jun 2017

Govt rules out farm loan waivers; will stick to fiscal targets

Finance Minister Arun Jaitley on Tuesday ruled out any waiver of farm loan and said the Centre will adhere to fiscal targets.

India's fiscal deficit target

01 May 2017

Govt to meet 3.5% fiscal deficit target for FY17: CGA

The government is confident of achieving the fiscal deficit target of 3.5 percent for 2016- 17, the newly appointed Controller General of Accounts (CGA), Anthony Lianzuala, said on Monday.

India's fiscal deficit

28 Feb 2017

Fiscal deficit overshoots full-year target in January

India's fiscal deficit touched Rs 5.64 lakh crore at the end of January, 105.7 percent of the full-year target, mainly due to lower realisation of non-tax revenue.

23 Jan 2017

Budget 2017: Govt to set FY18 fiscal deficit target at 3.3-3.4%: Reports

Government is likely to set fiscal deficit target in the range of 3.3-3.4 percent of GDP for the financial year 2017-18 in the upcoming Budget, say research reports.

29 Nov 2016

'Govt likely to meet next financial year's 3% fiscal deficit target'

Government is expected to meet its fiscal deficit target of 3 percent for the next financial year on account of additional revenue from penalty on black money and deposits under the income disclosure, says a report.

India's fiscal deficit

23 Feb 2016

Fiscal deficit target likely to be 3.7% for FY17: DBS

The pace of fiscal tightening is likely to slow down next fiscal, with the government's deficit target expected to be higher at 3.7 percent of GDP, says a DBS report.

30 Jan 2016

FM Jaitley pushes GST, reassures on back taxes

Jaitley reiterated a reassurances that India would not pursue foreign companies with new retroactive tax claims, adding that he would like to see the few remaining disputes resolved "as expeditiously as possible."

Spectrum Auction

26 Mar 2015

Spectrum auction proceeds to help plug fiscal deficit: Moody's

The fiscal deficit target for 2014-2015 is pegged at 4.1 percent of GDP and for the next fiscal at 3.9 percent.

telecom spectrum

27 Jan 2015

Spectrum auction deferred by a week to March 4

Government on Tuesday deferred the telecom spectrum auction by a week to March 4, while the deadline for bidders to submit applications has been extended to February 16.

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