NEW DELHI: The Union government is confident of achieving the fiscal deficit target of 4.9% of the gross domestic product (GDP) or below in the current financial year, and may strive to bring fiscal deficit below 4.5% of GDP in the upcoming Union Budget through prudent expenditure management and buoyant revenue receipts, two officials aware of the matter said.
Adhering to the fiscal "glide path", the upcoming budget may continue to focus on high capital expenditure to attract private investments and adequately provide resources for vulnerable sections of the society since macroeconomic fundamentals are strong and there are enough resources for all key programmes, the people said, asking not to be named.
Bu hikaye Hindustan Times Bengaluru dergisinin January 01, 2025 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Hindustan Times Bengaluru dergisinin January 01, 2025 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
Sebi May Allow IPO Trade Pre-Listing To Cut Grey Market: Buch
To curb grey market activity, the Securities and Exchange Board of India (Sebi) is considering introducing a \"when-listed\" trading period for securities between the closure of an initial public offering (IPO) and their formal listing on exchanges.
Hiding in labour data, a tale of economic distress
The recent statements by the Union labour minister Mansukh Mandaviya rightly suggest that the labour force participation rate is up and the unemployment rate is down based on data from the Periodic Labour Force Survey (PLFS).
India v England: T20I series to provide a fresh narrative
The hosts will look to shake off negativity around the team after recent Test losses
Modi Likely to Visit Kumbh on February 5
Prime Minister Narendra Modi is likely to visit the Mahakumbh on February 5, a top bureaucrat aware of the matter told HT over a phone call from Prayagraj.
Street at 7-month low as Trump rattles investors
FII selling in Jan hits ₹52,317 crore; more pressure likely as liquidity stays tight
Shares, Salary Impasse at ISL Debutants Mohammedan SP
The issue of pending salaries for players and staff at Mohammedan Sporting took a new turn on Tuesday when their investor said the memorandum of understanding with the club has expired and that shares have yet to be transferred.
For America, why India is not China
Ten reasons why the Trump Administration should hold off on tariff hikes for India
Trump-shaped climate disaster
Orders by US president threaten to undermine global battle against the climate crisis
Darshan surrenders gun after temporary revocation of licence
Actor Darshan Thoogudeepa surrendered his gun on Tuesday, a day after his license was temporarily suspended pending the court's verdict in the Renukaswamy murder case, a senior police officer said on Tuesday.
BJP MLA RAZES HOMES OF DAILY WAGERS, BOOKED
A 36-year-old man, an accused in Kotekar Agricultural Cooperative Society robbery case, was shot at after assaulting police personnel while trying to flee custody on Tuesday, police said.
