Household finances in distress — worsening
After household (net) financial savings dipped to 47-year low of 5.3% of GDP in FY23, household debt has risen sharply to 40% of GDP in Q3 of FY24
fiscal deficit
April 2024
March 2024
February 2024
January 2024
Black And White Economy Paper War Misses Shades Of Grey
NDA government and Congress report cards on economy skip uncomfortable truths. Both are aimed at scoring points ahead of general elections.
RBI firm on taming inflation under 4%: Shaktikanta Das
The Indian economy continues to sustain the momentum achieved in the first half of 2023-24, going by high-frequency indicators, write RBI economists
'Fiscal deficit makes no difference to voters, but it shows our commitment to prudence'
Nirmala Sitharaman in an interview with OPEN Magazine's Rajeev Deshpande and PR Ramesh talks about welfare and growth
Ratings agencies should see India bettered fiscal consolidation target: FM
Fiscal deficit for the current financial year has been revised to 5.8% of GDP, in comparison with 5.9% earlier.
Budget 2024: 5 Key takeaways from Modi govt's interim budget
FM Sitharaman's Interim Budget 2024-25, as remarked by PM Modi, seems to carry "confidence of continuity'
Budget 2024: Govt reduces fiscal deficit target to 5.8% in FY24
FM Sitharaman says the fiscal deficit in 2024-25 is estimated to be 5.1% of GDP
Budget 2024: Centre likely to cut fiscal deficit target in FY25
As govt hopes to meet fiscal deficit target of 5.9% in 2023-24; experts call for striking balance between fiscal consolidation & incremental capex
Budget 2024: Fiscal Deficit Continues To Fall Since FY21
Has been on a steady decline since the peak in Covid year
Tax to GDP ratio at 15-yr high in FY23; could be even better in FY24
Gross tax revenue could be at the “highest ever” in the last 2 decades in FY24, says latest note by SBI Research
