fiscal deficit

Mumbai, March 22 Amid concerns over a surge in import bills due to rising commodity prices in the wake of the Middle East conflict, Larsen & Toubro is hoping that the government will continue with its capital expenditure, even if it means a widening of the fiscal deficit.The engineering...

Shimla, March 21 Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Saturday presented a budget of Rs 54,928 crore for 2026-27, with a revenue deficit of Rs 6,577 crore and a fiscal deficit of Rs 9,698 crore.Presenting his fourth budget, Chief Minister Sukhu, who also holds the finance...

Shimla, March 21 – Former Himachal Pradesh Chief Minister and Leader of the Opposition, Jai Ram Thakur, on Saturday described the state's budget as "the most disappointing and directionless in the state's history," offering absolutely nothing to the people.He stated that the budget...

Shimla, March 21 Leader of the Opposition in the Himachal Pradesh Assembly, Jai Ram Thakur, on Saturday said the budget presented by Chief Minister Sukhvinder Singh Sukhu is the most tedious, disappointing, and directionless budget in the state's history.Speaking to the media here, the former...

In Hyderabad, on March 20, the Telangana government presented a budget of Rs 3.24 trillion for the fiscal year 2026-27, an increase of nearly Rs 20,000 crore over the previous year. This budget prioritizes key programs such as the beautification of the Musi Riverfront and Phase 2 and 3 of the...

Jaipur, March 17 – Rajasthan Chief Minister Bhajanlal Sharma launched a sharp attack on former Chief Minister Ashok Gehlot over his remarks questioning Sharma’s visits to Delhi on Tuesday, triggering a fresh political confrontation in the state.Speaking at an event at Tagore International...

New Delhi, March 13 – Finance Minister Nirmala Sitharaman informed the Lok Sabha on Friday that the country currently holds a robust fertiliser stock of 163 lakh metric tonnes (LMT) for April.This represents a significant 26 per cent increase over the previous year's stock of 128.54 LMT.The...

New Delhi, March 13 Finance Minister Nirmala Sitharaman said on Friday that the Rs 1 lakh crore Economic Stabilization Fund will help in dealing with the impact of an unanticipated crisis like the ongoing conflict in West Asia.Responding to a debate on the second batch of supplementary demands...

New Delhi, March 13 – The Lok Sabha on Friday approved the second batch of Supplementary Demands for Grants, which will enable the government to spend an additional ₹2.01 lakh crore in the current financial year.The government had sought approval to spend a gross additional amount of ₹2.81...

New Delhi, March 13 The Lok Sabha passed the second batch of supplementary demands for grants on Friday, allowing the government to spend an additional ₹2.01 lakh crore in the current fiscal year.Through the second batch of supplementary demands, the government sought approval from the Lok...

New Delhi, March 13 Finance Minister Nirmala Sitharaman on Friday said the Rs 1 lakh crore Economic Stabilization Fund will provide fiscal space for India to respond to global challenges.Responding to the debate on the second batch of supplementary demands for grants in the Lok Sabha, she said...

Amaravati, March 11 YSRCP supremo Y S Jagan Mohan Reddy accused the Andhra Pradesh government led by N Chandrababu Naidu of accumulating debts equivalent to 97% of the borrowing during his 5-year tenure in just two years.Reddy claimed that the TDP-led government had already borrowed Rs 3.2...

Amaravati, March 11 YSRCP supremo YS Jagan Mohan Reddy accused the N Chandrababu Naidu-led NDA government in Andhra Pradesh of accumulating debts equivalent to 97 per cent of the amount borrowed during his entire 5-year tenure, over a period of two years.Reddy stated that the TDP-led NDA...

New Delhi, March 11 The government think tank, Niti Aayog, urged state governments on Wednesday to adhere to fiscal deficit norms under the FRBM Act through disciplined expenditure management, expanding the GST base, and enhancing their own tax capacity.The Fiscal Responsibility and Budget...

Mumbai, March 11 Maharashtra Chief Minister Devendra Fadnavis acknowledged financial pressures on the state economy on Wednesday, while asserting that the state's debt-to-GSDP ratio is lower than several other states, and rejected allegations that allocations to the social sector have been cut...

Itanagar, March 10 – Arunachal Pradesh Deputy Chief Minister Chowna Mein said on Tuesday that the state possesses the largest hydropower potential in the country, estimated at around 58,000 MW, and the government aims to harness this resource to accelerate green energy generation and economic...

New Delhi, March 10 The fiscal deficit as a percentage of GDP for the three financial years up to 2024-25 has been revised upwards following the revision in the base year for calculating GDP, the government informed Parliament on Tuesday.According to the new GDP series published on February...

Bengaluru, March 10 – Karnataka’s Leader of the Opposition, R. Ashoka, launched a scathing attack on the State Budget for 2026-27 on Tuesday, alleging that it had plunged the people of Karnataka into a “debt vortex” and had been unjust to backward classes, Scheduled Castes, and other sections of...

Gairsain, March 9 Uttarakhand Chief Minister Pushkar Singh Dhami presented the state's budget for the financial year 2026-27 on Monday, with an outlay of Rs 1.11 lakh crore, 10 per cent higher than the current fiscal year.This was Dhami's first budget after taking over the finance portfolio...

While Pune district has received the highest overall allocation in the District Annual Plan (DAP) for the 2026-27 financial year, Nagpur – the district where Chief Minister Devendra Fadnavis resides – has seen the most significant increase in funding.According to the Maharashtra Budget...