The Indian government is managing its money well. Right now, the fiscal deficit is Rs 4.35 lakh crore, which is 27% of the total budget […]
Tag: Fiscal Deficit
Goldman Sachs Lowers India’s 2025 GDP Growth Forecast to 6.4% Amid Government Spending Cuts
Goldman Sachs recently revised its forecast for India’s real GDP growth in calendar year (CY) 2025, lowering it by 20 basis points to 6.4% year-over-year. […]
India’s Federal Fiscal Deficit Soars in June
In June, India’s federal fiscal deficit reached ₹1,357.12 billion, a significant increase from the previous month’s deficit of ₹506.15 billion. During the April-June quarter, the […]
Moody’s analysis of the Indian budget indicates that the fiscal deficit is projected to reach 4.5% of GDP by the next fiscal year
Fiscal deficit projection: Moody’s expects India’s fiscal deficit to reach 4.5% of GDP by the next fiscal year. This projection indicates that the government’s fiscal […]
Federal Reserve Chairman Powell Voices Concerns on Unsustainable Fiscal Path as U.S. National Debt Surpasses $34 Trillion
• Federal Reserve Chairman Jerome Powell expressed concern in a recent interview, stating that the U.S. is on an unsustainable fiscal path. • Powell emphasized […]
U.S. Federal Deficit Jumps 52% to $129 Billion in December 2024: Record Outlays and Decreasing Receipts
• In December, the U.S. federal government reported a deficit of $129 billion, reflecting a 52% increase from the prior year, primarily due to higher […]