India’s Fiscal Deficit Hits 29.4% Of FY25 Target Amid Moderate Revenue Growth
Despite a 15% YoY decline in H1 FY25 capex, capital expenditure in Q2 FY25 showed a 10.3% growth, which may support economic growth in the quarter
Fiscal Deficit For FY25 Pegged At 5.1 Percent Of GDP Against 5.8 percent In Current Fiscal: FM Nirmala Sitharaman
Presenting the interim Budget 2024-25, Sitharaman said tax receipts for 2024-25 projected is projected at Rs 26.02 lakh crore.
World Bank Forecasts India’s GDP Growth to Slow Down to 6.3% in FY24
According to a report by the World Bank, India's GDP growth is predicted to moderate to 6.3% in FY24
Indian Govt’s Fiscal Deficit Reaches Rs. 14.5 Lakh Crore Until Feb
The fiscal deficit amounted to ₹14.54 lakh crore during the first 11 months of FY23 as compared to ₹13.17 lakh crore during the same period the previous year.
