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One Nation, One Election: Streamlining India’s Electoral Process to Save Time and Costs

21 Sep 2024

The "One Nation, One Election" proposal seeks to synchronize national and state elections across India. The objective is to streamline governance, reduce the constant political cycles, and curtail the heavy spending that accompanies separate elections. At present, elections are held at different times, which not only prolongs political uncertainty but...

Finance Minister Nirmala Sitharaman Sets Fiscal Deficit Target at 4.9% of GDP for 2024-25

23 Jul 2024

Union Finance Minister Nirmala Sitharaman presented the Union Budget for the fiscal year 2024-25 on Tuesday, announcing a fiscal deficit target of 4.9% of Gross Domestic Product (GDP). This marks a reduction from the 5.1% target set in the Interim Budget presented on February 1, 2024. In the previous fiscal...

What Is Fiscal Deficit And Its Role In Budget Planning?

21 Jul 2024

The Union Budget 2024 will be presented on July 23rd. Definition: The fiscal deficit is the gap between the government's total revenue and total expenditure. It shows how much the government needs to borrow. When calculating total revenue, borrowings are not included. Description: The gross fiscal deficit (GFD) is the...

Goldman Sachs Projects India To Hold Firm On 5.1% Fiscal Deficit Target From Interim Budget

08 Jul 2024

Investment banking company Goldman Sachs expects the central government to stick to the announced fiscal deficit target of 5.1 per cent of GDP for 2024-25 in the upcoming Budget to be tabled on July 23 and announce further consolidation to a deficit of below 4.5 per cent in 2025-26. Understanding...

India’s Credit Rating Upgraded From ‘Stable’ To ‘Positive’, S&P Indiactes A Positive Uptick

29 May 2024

The Indian economy has been on a bull run and the preceding decade has been a testament to that. There has been an increase in investment in the Indian diaspora which has been at the backdrop of improved infrastructure and better licensing provisions for foreign companies who want to establish...

S&P Ratings Forecasts India’s Growth at 6.8%, Anticipates Inflation To Decrease To 4.5%

26 Mar 2024

S&P Global Ratings has adjusted its forecast for India's growth, revising it upward from 6.4 per cent to 6.8 per cent. Despite the National Statistical Office's projection of a robust 7.6% growth in fiscal year 2024, S&P India anticipates a moderation in real GDP growth to 6.8% in fiscal year...

Fiscal Deficit Gains 33.9% Of Whole Year Target at End July: CGA Data

31 Aug 2023

According to government data released on Monday, the fiscal deficit of the Central government for the initial four months of the 2023-24 fiscal year reached 33.9 percent of the annual target. The data, provided by the Controller General of Accounts (CGA), revealed that the absolute fiscal deficit, which represents the...

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fiscal deficit

One Nation, One Election: Streamlining India’s Electoral Process to Save Time and Costs

Finance Minister Nirmala Sitharaman Sets Fiscal Deficit Target at 4.9% of GDP for 2024-25

What Is Fiscal Deficit And Its Role In Budget Planning?

Goldman Sachs Projects India To Hold Firm On 5.1% Fiscal Deficit Target From Interim Budget

India’s Credit Rating Upgraded From ‘Stable’ To ‘Positive’, S&P Indiactes A Positive Uptick

S&P Ratings Forecasts India’s Growth at 6.8%, Anticipates Inflation To Decrease To 4.5%

Fiscal Deficit Gains 33.9% Of Whole Year Target at End July: CGA Data

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