fiscal deficit

Shimla, March 30 The Himachal Pradesh Assembly passed the budget for 2026-27 and the related Appropriation Bill 2026 on Monday, authorizing the government to spend ₹58,830.30 crore from the consolidated fund.The revenue deficit in the budget presented by Chief Minister Sukhvinder Singh Sukhu...

New Delhi, March 30 The central government's fiscal deficit stood at Rs 12.52 lakh crore at the end of February, or 80.4 per cent of the annual budget target for 2025-26, compared to 85.8 per cent in the year-ago period, according to government data released on Monday.The Centre estimates the...

New Delhi, March 30 The Centre's fiscal deficit stood at Rs 12.52 lakh crore at the end of February, or 80.4 per cent of the annual budget target for 2025-26, compared to 85.8 per cent in the previous year, according to government data released on Monday.The central government estimates the...

New Delhi, March 30 Finance Minister Nirmala Sitharaman said on Monday that the country's economic fundamentals are strong, and that the Indian rupee is "doing very well" against the US dollar, compared to other emerging market economies.Since the outbreak of the West Asia conflict on February...

New Delhi, March 27 The Centre is planning to mobilize Rs 8 lakh crore through dated securities during the April-September period of 2026-27 to fund the revenue gap, the finance ministry said on Friday.Gross Market Borrowings in BE 2026-27 were Rs 17.20 lakh crore. Since the Budget...

New Delhi, March 27 There is no possibility of imposing a lockdown in the country, Finance Minister Nirmala Sitharaman said in the Rajya Sabha on Friday, and indicated raising additional resources to compensate for the shortfall arising from the excise duty cut on diesel and petrol.She also...

New Delhi, March 27 The Centre plans to raise Rs 8 lakh crore through dated securities during the April-September period of 2026-27 to bridge the revenue gap, the finance ministry said on Friday.Gross Market Borrowings in BE 2026-27 are estimated at Rs 17.20 lakh crore. Since the Budget...

New Delhi, March 27 – The Parliament on Friday passed the Finance Bill 2026 with the Rajya Sabha returning it to the Lok Sabha by voice vote, completing the legislative process to provide legal backing for the proposals of the Union Budget 2026-27, which will come into effect during the new...

New Delhi, March 27 Finance Minister Nirmala Sitharaman said on Friday that there is no proposal to impose a lockdown in the country in the wake of the West Asia war, and asked politicians to refrain from spreading rumors and creating a sense of fear among the people.The minister also said...

New Delhi, March 27 The Parliament on Friday passed the Finance Bill 2026, with the Rajya Sabha returning it to the Lok Sabha through a voice vote, completing the budgetary exercise for the next fiscal, which begins on April 1.The Lok Sabha had passed the bill on March 25, along with 32...

Jammu, March 26: Chief Minister Omar Abdullah expressed his gratitude to the Government of India for providing ₹5,000 crore as Additional Central Assistance to Jammu and Kashmir.He extended his sincere thanks to Prime Minister Narendra Modi, Union Home Minister Amit Shah, and Union Finance...

Bengaluru, March 26 Due to the increasing trend in subsidies, the Karnataka government was forced to cut down its funds for some of its ongoing schemes, such as nutrition, assistance to local bodies and gram panchayats in rural development programmes, the CAG in its report.The Comptroller &...

Chief Minister Omar Abdullah expressed his heartfelt gratitude to the Government of India, led by Prime Minister Narendra Modi, for providing an additional central assistance of ₹5,000 crore to Jammu & Kashmir. Akashvani Jammu correspondent reports that the Chief Minister conveyed his sincere...

On March 25 in Bengaluru, Karnataka Chief Minister Siddaramaiah defended the State Budget for 2026-27, responding to criticism from the opposition. He stated, "Even when compared to other progressive states in South India, our fiscal deficit remains within the prescribed limits." Opposition...

New Delhi, March 25 – Finance Minister Nirmala Sitharaman stated on Wednesday that the Union Budget includes several "supportive" measures for the middle class and MSMEs, and the government is moving forward with reforms based on conviction and clarity, rather than compulsion.In response to...

New Delhi, March 25 The Lok Sabha passed the Finance Bill 2026, along with 32 government amendments, on Wednesday.With the passage of the Finance Bill 2026, the Lok Sabha has completed its part of the budgetary approval process. The Upper House, the Rajya Sabha, will now consider the Bill...

Kuala Lumpur, March 24. Economists have revised their forecast for the ASEAN-6's gross domestic product (GDP) growth to 4.5 per cent in 2026, down from 4.8 per cent, and to 4.7 per cent in 2027, also down from 4.8 per cent, due to the impact of the conflict in West Asia.The ASEAN-6 countries...

New Delhi, March 23 – According to the 2025-26 economic survey report presented to the Delhi assembly by Chief Minister Rekha Gupta on Monday, Delhi's per capita income at current prices is likely to reach Rs 5,31,610, registering a growth of 7.92 per cent over 2024-25.The Chief Minister...

Gandhinagar, March 23 – Gujarat Finance Minister Kanubhai Desai stated on Monday that the state government is maintaining strict fiscal discipline and meeting all prescribed financial targets, even as it continues to increase capital expenditure for development.Speaking during the Budget...

New Delhi, March 23 According to the 2025-26 economic survey report, presented to the Delhi assembly by Chief Minister Rekha Gupta on Monday, Delhi's per capita income at current prices is likely to reach Rs 5,31,610, registering a growth of 7.92 per cent over 2024-25.The report further stated...