"fiscal-deficit"

Economist Pinaki Chakraborty says RBI should not print money to finance the fiscal deficit

In FY21, India's real GDP contracted 7.3 per cent marking the worst fall in the past seven decades.

As per the CGA data for fiscal 2020-21, the tax revenue collection was 105.9 per cent of the Revised Estimates (RE) presented in the budget.

Instead of selling off public sector assets, government should choose expansionary fiscal policy partially financed by monetisation for reviving demand

He hoped that the global rating agencies would retain India's sovereign rating at the existing levels.

Sitharaman defends accounting of govt expenditure while stressing that revenue statements have become a lot more transparent.

This would be a 100 per cent jump from the Budget estimate of 3.5 per cent of GDP pegged for the current fiscal

The lockdown imposed to curb the spread of coronavirus had significantly impacted business activities and, in turn, contributed to sluggish revenue realisation

Measures should support economic rebound over the coming quarters, says Fitch Solutions

The 30-share BSE index was trading 173.47 points or 0.43 per cent lower at 40,512.03, and the broader NSE Nifty slipped 47.20 points or 0.40 per cent to 11,883.15.