- FISCAL DEFICIT AT 39% OF ANNUAL TARGET IN FIRST HALF
THE CENTRE'S FISCAL deficit was within a comfortable level at around 39.3% of the Budget Estimate (BE) in the first six months of the current financial year compared with 37.3% of the respective target in the year-ago period.
While net tax revenues, the largest of receipts, rose 15%, nontax revenues expanded 50% thanks to higher RBI dividend. This was amidst a 10% growth in revenue expenditure, and a robust 43% annual expansion in capex.
Revenue expenditure declined 4% to â¹3.3 trillion in September, whereas capex expanded by 29% to â¹1.2 trillion, the highest in any month in H1FY24.
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Murdoch ally helps Ambani build media empire in India
SOHEE KIM PR SANJAI
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India-made Daimler's electric mini truck to hit the road soon
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Samsung eyes â¹10,000 cr from India TV biz this year
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Microsoft AI Copilot speed boost for coding
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US, China debt pose risks for global public finances: IMF
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Language models in consumer tech
This move is designed to ensure better user experience & privacy
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Vi FPO: Foreign players invest big; about â¹5,400 crore raised
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