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Fiscal Deficit

Don`t start taking sleeping pills: Jaswant to Pranab


"Do not start consuming sleeping pills," this was the advice of former finance minister Jaswant Sing...
Fiscal deficit may come in at 6.41 percent

Fiscal deficit may come in at 6.41 percent


A change in the base year used to calculate gross domestic product may help reduce fiscal deficit fo...
Obama to call for partial budget freeze

Obama to call for partial budget freeze


President Barack Obama will Wednesday call for a three-year partial freeze on spending that would sa...
Fiscal deficit rises by 73% till Nov

Fiscal deficit rises by 73% till Nov


The fiscal deficit rose by 73 per cent to Rs 3.06 lakh crore in the first eight months of the fisc...
‘China`s fiscal deficit to fall in 2010’

‘China`s fiscal deficit to fall in 2010’


China`s fiscal budget deficit will shrink next year as government spending declines with a paring ba...
Govt to cut fiscal deficit to 3% after FY12: Pranab

Govt to cut fiscal deficit to 3% after FY12: Pranab


The government will bring down its fiscal deficit to 3 percent of gross domestic product after fisca...
Fiscal deficit to remain within target of 6.8%: Pranab

Fiscal deficit to remain within target of 6.8%: Pranab


Buoyed by the robust performance of economy during the second half of the 2009-10, Finance Ministe...
FM says ample liquidity in system, fiscal deficit in line

FM says ample liquidity in system, fiscal deficit in line


The government on Friday said the 65 per cent rise in its borrowings this fiscal would not affect ...
India can`t handle high fiscal deficit for long: Pranab

India can`t handle high fiscal deficit for long: Pranab


Finance Minister Pranab Mukherjee has said that India will not be able to sustain high fiscal defi...
Stimulus effect: Fisc deficit up at Rs 1.97 lakh cr till Sept

Stimulus effect: Fisc deficit up at Rs 1.97 lakh cr till Sept


The government`s fiscal deficit rose 92 percent to Rs 1.97 lakh crore in six months ending September...
Fiscal worries: Govt to focus on priority schemes

Fiscal worries: Govt to focus on priority schemes


Pranab Mukherjee has asked the financial advisors of different ministries to focus on the govt`s pri...
Drought stretches budget; more borrowing unlikely

Drought stretches budget; more borrowing unlikely


A poor monsoon threatens to worsen India`s already steep fiscal deficit as it spends on food imports...
US deficit estimate to be trimmed to $1.58 tr

US deficit estimate to be trimmed to $1.58 tr


The Obama administration will trim its budget deficit forecast for fiscal 2009 to USD 1.58 trillion,...
Britain may default on debt: Opposition

Britain may default on debt: Opposition


Britain`s record level of borrowing during the recession could lead the government defaulting on its...
Narrowing fiscal deficit relevant for stabilisation: RBI

Narrowing fiscal deficit relevant for stabilisation: RBI


At a time when fiscal deficit is burgeoning at 6.8 per cent of GDP, an occasional paper from the R...
Fiscal deficit stands at 31% at the end of Q1

Fiscal deficit stands at 31% at the end of Q1


The finances of the government showed improvement during the first quarter of 2009-10, with the fisc...