Government's total liabilities rise 2.6% to ₹150.95 lakh crore in Q3 FY23: Report
1 year, 8 months ago

Government's total liabilities rise 2.6% to ₹150.95 lakh crore in Q3 FY23: Report

The Hindu  

The government's total liabilities rose to ₹150.95 lakh crore in December quarter from ₹147.19 lakh crore in the three months ended September 2022, according to the latest public debt management report. In absolute terms, the total liabilities, including liabilities under the 'Public Account' of the government, jumped to ₹1,50,95,970.8 crore at the end of December 2022. The report released by the Finance Ministry on April 1 said public debt accounted for 89% of the total outstanding liabilities in December quarter, compared to 89.1% at the end of September. “The net daily average liquidity absorption by RBI under Liquidity Adjustment Facility including Marginal Standing Facility and Special Liquidity Facility was at ₹39,604 crore during the quarter,” the report said.

Crore Quarter 2022 Fy23 Liabilities Dated Securities  report  2022  fy23  26  q3  rate  lakh  total  crore  quarter  rise  securities  liabilities  governments

History of this topic

India’s fiscal deficit on track, but spending challenges persist, govt. has only five months left in FY25 to spend: UBI report
3 weeks, 1 day ago

India’s fiscal deficit on track, but spending challenges persist, govt. has only five months left in FY25 to spend: UBI report

Live Mint  

New Delhi, December 2 : The central government fiscal deficit stands at 46.5 per cent of its budget estimates in the first seven months of the current financial year 2025, highlights a report by Union Bank of India. The report also noted that the capital expenditure of the government in the first seven months of the current fiscal stands at …

India’s April-October fiscal deficit narrows to ₹7.51 trillion, driven by RBI dividend and lower capex
3 weeks, 4 days ago

India’s April-October fiscal deficit narrows to ₹7.51 trillion, driven by RBI dividend and lower capex

Live Mint  

India’s fiscal deficit for the April-October period stood at ₹7.51 trillion, 46.5% of the estimate for 2024-25, according to the data released by the Controller General of Accounts on Friday. During the April-October period, while non-tax revenue stood at ₹3.99 trillion or 73.2% of the annual budget estimates, total revenue receipts stood at ₹17.23 trillion, or 53.7% of the estimates …

FII selling crosses ₹2 trillion in FY25, may cross FY22 record
3 weeks, 6 days ago

FII selling crosses ₹2 trillion in FY25, may cross FY22 record

Live Mint  

Investors exiting India have net-sold over ₹2 trillion worth of shares this fiscal, setting the stage for what could be the worst year for foreign portfolio outflows on NSE's secondary market. As US bond yields rose and quarterly earnings disappointed amid lofty valuations, foreign institutional investors net-sold a record ₹1.17 trillion in the secondary market in NSE's cash segment in …

Government may ease quarterly capex limits to achieve record ₹11.11 trillion spending goal for FY25: Report
1 month, 1 week ago

Government may ease quarterly capex limits to achieve record ₹11.11 trillion spending goal for FY25: Report

Live Mint  

India is considering the relaxation of quarterly spending limits to ensure it does not fall short of its capital expenditure target for the financial year 2024/2025, according to a government source. Capital expenditure, or spending on building physical infrastructure, was at 4.15 trillion rupees during April-September, or 37% of the annual target, against 4.9 trillion rupees a year earlier. The …

NSE Q2 Results: Net profit rises 57% to ₹3,137 crore, total income up 25% YoY
1 month, 2 weeks ago

NSE Q2 Results: Net profit rises 57% to ₹3,137 crore, total income up 25% YoY

Live Mint  

New Delhi, Nov 4 The National Stock Exchange on Monday reported a 57 per cent year-on-year surge in consolidated net profit to ₹3,137 crore for the September quarter. The exchange posted a total income of ₹5,023 crore during the July-September period of the current financial year, up 25 per cent on a year-on-year basis. For the half-year ended September 30, …

U.P govt’s revenue earnings up by ₹1725.83 crore in August
3 months, 2 weeks ago

U.P govt’s revenue earnings up by ₹1725.83 crore in August

Hindustan Times  

The Uttar Pradesh government on Thursday claimed an increase of ₹1725.83 crore in tax and non-tax revenue earnings in August 2024 with the total collections going up to ₹15,969.65 crore vis-a-vis ₹14,243,82 crore earned in the same month in 2023. The state government’s tax collections in the first five months of 2024-2025 are 76 per cent of the target going …

SBI Q1 2024-25 results: Net profit up 5.04%, net NPAs down by 6.26%, ₹25,000 crore bond fundraise approved
4 months, 3 weeks ago

SBI Q1 2024-25 results: Net profit up 5.04%, net NPAs down by 6.26%, ₹25,000 crore bond fundraise approved

Hindustan Times  

State Bank of India Ltd has announced its first quarter results for the financial year 2024-25 on Saturday, August 3, 2024 and its board has also approved a ₹25,000 crore fundraising through bonds. SBI recorded a net profit of ₹19,680.80 crore in Q1 2024-25, an increase of 5.04% or ₹944.85 crore, compared to ₹18,735.95 crore during Q1 2023-24 or the …

Indian Bank plans to recover bad debts of ₹7,000 cr. in FY25
4 months, 3 weeks ago

Indian Bank plans to recover bad debts of ₹7,000 cr. in FY25

The Hindu  

Indian Bank is planning to recover bad debts of ₹7,000 crore in FY25 against ₹8,800 crore recovered in the year ago period, said its top executive. We will be making a recovery of around ₹7,000 crore,” MD & CEO Shanti Lal Jain said at the press meet. To a question, how much they are planning to recover through Asset Reconstruction …

Central government debt set to double to ₹185 trillion by FY25 amid fiscal challenges and policy shifts
4 months, 3 weeks ago

Central government debt set to double to ₹185 trillion by FY25 amid fiscal challenges and policy shifts

Live Mint  

India's central government debt is projected to escalate to ₹185.27 trillion, or 56.8% of GDP, by the financial year 2024-25, up from ₹93.26 trillion, or 49.3% of GDP, in 2018-19, the minister of state for finance Pankaj Chaudhary said in a written reply to the Lok Sabha on Monday. This projected increase in debt follows a significant rise over the …

Govt Estimates Centre's Debt To Rise To Rs 185 Lakh Cr In FY25
4 months, 3 weeks ago

Govt Estimates Centre's Debt To Rise To Rs 185 Lakh Cr In FY25

News 18  

The government estimates its debt, including external borrowing, valued at current exchange rate and public account and other liabilities will increase to Rs 185 lakh crore, or 56.8 per cent of the GDP, during the current fiscal year. The total debt stood at Rs 171.78 lakh crore, or 58.2 per cent of the gross domestic product, at the end of …

ICICI Bank Q1 net profit grows 14.6% to ₹11,059 crore
4 months, 3 weeks ago

ICICI Bank Q1 net profit grows 14.6% to ₹11,059 crore

The Hindu  

ICICI Bank Ltd. reported Q1 FY25 net profit grew 14.6% year-on-year to ₹11,059 crorebeating estimates led by treasury gains and other income. Net interest income of the private sector bank for June quarter rose 7.3% YoY to ₹19,553 crore, the bank said in a filing. “We are comfortable with the asset quality andour strategy is to grow in a risk …

Federal Bank Q1 net profit grows 18.25% to ₹1,010 crore
4 months, 4 weeks ago

Federal Bank Q1 net profit grows 18.25% to ₹1,010 crore

The Hindu  

Federal Bank Ltd. reported Q1 FY25 net profit rose 18.3% year-on-year to ₹1,009.53 crore. Net advances rose to ₹2,20,806.41 crore, from ₹1,83,487.41 crore in the year-earlier period. Gross NPA at the end of Q1 FY25 was ₹4738.35 crore, which as a percentage to Gross Advances was 2.11%, while net NPA and as a percentage to net advances was ₹1330.44 crore …

FPIs invest ₹30,772 crore in equities so far in July
5 months ago

FPIs invest ₹30,772 crore in equities so far in July

The Hindu  

Foreign Portfolio Investors injected ₹30,772 crore into Indian equities so far this month, driven by hopes of continued policy reforms, sustained economic growth and a better-than-expected earnings season. “Additionally, the anticipation of a reform-oriented Budget has also lifted investor sentiment,” Himanshu Srivastava, Associate Director - Manager of Research at Morningstar Investment Research India, said. “Additionally, the better-than-expected earnings season so …

Dividend bounty: Finance Minister Nirmala Sitharaman receives record SBI dividend cheque of ₹6,959.29 crore for FY24
6 months ago

Dividend bounty: Finance Minister Nirmala Sitharaman receives record SBI dividend cheque of ₹6,959.29 crore for FY24

Live Mint  

Finance Minister Nirmala Sitharaman received a dividend cheque of ₹6,959.29 crore for FY 2023-24 from SBI Chairman Dinesh Kumar Khara, the finance minister's office announced on Friday. “Smt@nsitharaman receives a dividend cheque of ₹6959.29 crore for FY 2023-24 from@TheOfficialSBI Chairman Shri Dinesh Kumar Khara,” the finance minister's official handle, @nsitharamanoffc, posted on X. According to a February report in Mint, …

FPIs Dump Indian Equities Worth Rs 25,586 Crore In May, Remain Bullish On Debt Market
6 months, 3 weeks ago

FPIs Dump Indian Equities Worth Rs 25,586 Crore In May, Remain Bullish On Debt Market

ABP News  

Foreign Portfolio Investors continued to withdraw equities worth Rs 25,586 crore from Indian equities in May amidst the uncertainty surrounding the general elections outcome and the outperformance of the Chinese markets. During the same period, the investors poured in Rs 8,761 crore in the Indian debt market and Rs 4,283 crore via debt-VRR, official data from the depositories revealed. This …

RBI's Balance Sheet Rises 11 pc to Rs 70.47 Lakh Cr in FY24
6 months, 3 weeks ago

RBI's Balance Sheet Rises 11 pc to Rs 70.47 Lakh Cr in FY24

Deccan Chronicle  

In actual terms, the increase was Rs 7,02,946.97 crore over Rs 63.45 lakh crore as of March 2023. The central bank's net income stood at Rs 2.11 lakh crore at end-March 2024 after making a provision of Rs 42,819.91 crore, significantly down from Rs 1,30,875.75 crore in the preceding fiscal. Last week, the RBI approved the highest-ever dividend payout of …

LIC Q4 net rises 2.5% to ₹13,763 crore; wage arrears, benefits hit growth
6 months, 3 weeks ago

LIC Q4 net rises 2.5% to ₹13,763 crore; wage arrears, benefits hit growth

The Hindu  

Life Insurance Corporation of India reported fourth quarter standalone net profit grew marginally by 2.49% to ₹13,763 crore as compared with ₹13,428 crore in the year ago period due to the impact of sharply higher employee remuneration arrears and welfare expenses. During the quarter the corporation earmarked ₹13,750 crore towards employee remuneration and welfare as compared with ₹10,381 crore in …

RBI board approves transfer of ₹2,10,874 crore surplus to Centre for FY24
7 months ago

RBI board approves transfer of ₹2,10,874 crore surplus to Centre for FY24

The Hindu  

In a windfall gain for the Centre, the Central Board of Directors of the Reserve Bank of India on Wednesday approved the transfer of a record ₹2,10,874 crore as surplus to the Union government for the accounting year 2023-24. “The Board also discussed the working of the Reserve Bank during the year April 2023 – March 2024 and approved the …

Reliance Industries quarterly profit stays flat; annual earnings hit record at ₹69,621 crore
8 months ago

Reliance Industries quarterly profit stays flat; annual earnings hit record at ₹69,621 crore

Hindustan Times  

New Delhi, Reliance Industries Ltd on Monday reported an almost flat March quarter net profit, while its annual earnings hit a record high on the back of a recovery in its core oil and petrochemicals business and sustained momentum across the consumer-facing telecom and retail businesses. Reliance Industries quarterly profit stays flat; annual earnings hit record at ₹ 69,621 crore …

Direct Tax Collections Grow 18 Per Cent To Rs 19.58 Lakh Crore In FY24, Beat Revised Estimates
8 months ago

Direct Tax Collections Grow 18 Per Cent To Rs 19.58 Lakh Crore In FY24, Beat Revised Estimates

ABP News  

The direct tax collections for the 2023-24 fiscal year increased almost 18 per cent against the funds collected in the previous fiscal year, official data from the Ministry of Finance revealed on Sunday. ➡️Net Direct Tax collections for FY2023-24 exceed the Budget Estimates by ₹ 1.35 lakh crore i.e by 7.40% & Revised Estimates by 0.67% ➡️Gross Direct Tax collections …

Govt’s FY24 tax collection target broadly met on back of robust economic activity: Report
8 months, 3 weeks ago

Govt’s FY24 tax collection target broadly met on back of robust economic activity: Report

Live Mint  

The central government’s tax collection target of over ₹34.37 lakh crore for fiscal year 2023-24 has been broadly met on the back of robust economic activity and improved compliance, according to a report by PTI. The net direct tax collection grew 19.88 per cent to over ₹18.90 lakh crore till March 17 on higher advance tax mop-up. Advance tax collections …

Fiscal deficit for Apr-Feb hits 86.5% of FY24 target
8 months, 3 weeks ago

Fiscal deficit for Apr-Feb hits 86.5% of FY24 target

New Indian Express  

NEW DELHI: India’s fiscal deficit for April to February of FY24 reached Rs 15.01 lakh crore, representing nearly 86.5% of the target set for the full financial year, according to the government data. During the corresponding period in the previous year, the fiscal deficit was recorded at Rs 14.53 lakh crore. As of February 2024, the Government of India has …

Punjab FM flays Centre for withholding funds, as he presents budget
9 months, 2 weeks ago

Punjab FM flays Centre for withholding funds, as he presents budget

The Hindu  

Punjab Finance Minister Harpal Singh Cheema on Tuesday presented the Aam Aadmi Party government’s budget proposal for the year 2024-25 with a total outlay of ₹2,04,918 crore, focusing on education, health and agriculture. “Withholding of the rightful share of the State, totaling ₹8,000 crore approximately, on account of National Health Mission, Rural Development Fund, Mandi Development Fund, and Special Assistance …

Fiscal deficit at Jan-end touches 63.6 pc of full year target, says govt data
9 months, 3 weeks ago

Fiscal deficit at Jan-end touches 63.6 pc of full year target, says govt data

Hindustan Times  

The government's fiscal deficit at ₹11 lakh crore at January end touched 63.6 per cent of the revised annual target, according to the official data released on Thursday. The government's total receipts stood at ₹ 22.52 lakh crore as of January 2024 In the corresponding period last year, the fiscal deficit or gap between the expenditure and revenue was 67.8 …

Ajit Pawar presents interim budget, state debt reaches ₹7.82 lakh crore
9 months, 3 weeks ago

Ajit Pawar presents interim budget, state debt reaches ₹7.82 lakh crore

Hindustan Times  

MUMBAI: Finance minister Ajit Pawar on Tuesday presented a ₹6 lakh crore interim budget with a revenue deficit of ₹9,734 crore. While the government is aiming for a $1trillion state economy, its debt burden has reached ₹7.82 lakh crore after a net borrowing of ₹72,000 crore. The PM has announced welfare schemes for youth, women, the poor and farmers, which …

Chennai Corporation Budget 2024 | Fiscal deficit at lowest in five years, revenue receipts up
10 months ago

Chennai Corporation Budget 2024 | Fiscal deficit at lowest in five years, revenue receipts up

The Hindu  

The Greater Chennai Corporation presented its budget for the fiscal year 2024-25, with the lowest deficit in five years. According to the Budget estimate documents from FY2020-21 until now, net deficit was at its lowest in FY 2024-25 compared to the past five years. Although revenue receipts are at their highest now over the past five years at ₹4,464.60 crore, …

Yes Bank Q3 net profit surges to Rs 231 crore, NII soars to Rs 2,017 crore
10 months, 3 weeks ago

Yes Bank Q3 net profit surges to Rs 231 crore, NII soars to Rs 2,017 crore

India TV News  

Yes Bank reported a net profit of Rs 231 crore for the October-December quarter of 2023-24, 349.70 per cent higher Rs 52 crore figure in the same period the previous year, which was significantly impacted by provisions made for the transfer of sour loans to an asset reconstruction company. In the preceding September quarter, Yes Bank's net profit stood at …

Paytm Q3 loss declines to Rs 220 crore, revenue surges 38 per cent
11 months ago

Paytm Q3 loss declines to Rs 220 crore, revenue surges 38 per cent

India TV News  

One 97 Communications, the parent company of the fintech firm Paytm, announced a 38 per cent increase in third-quarter revenue attributed to the strong performance of its payments business and robust loan growth in the financial services segment. In Q3 FY24, Paytm reported a significant improvement in its net payment margin, which increased by 63 per cent to Rs 748 …

Bandhan Bank Q2 profit jumps over 3-fold to ₹721 cr
1 year, 2 months ago

Bandhan Bank Q2 profit jumps over 3-fold to ₹721 cr

Hindustan Times  

Bandhan Bank on Wednesday reported over three- fold jump in net profit at ₹721 crore for the second quarter ended September 30, 2023. Bandhan Bank The Kolkata-headquartered private sector lender had posted a profit of ₹209.30 crore for the same quarter a year ago. On the asset quality front, the lender reported deterioration as gross non-performing assets rose to 7.32 …

Bandhan Bank Q2 net profit up 245% YoY to ₹721 crore
1 year, 2 months ago

Bandhan Bank Q2 net profit up 245% YoY to ₹721 crore

Live Mint  

Bandhan Bank for the quarter ending September'2023 saw its net profit rise 245% YoY to ₹721 crore compared to ₹209 Crore in the year ago quarter. Bandhan Bank's Net Interest Income improved to ₹2,443 crore in Q2 FY24 from ₹2,193 crore in Q2 FY23. Bandhan Bank Net NPA stood at around ₹2360 Crore at the end of Q2FY24 compared to …

Credit card default rises to Rs 4,072 crore in FY23
1 year, 4 months ago

Credit card default rises to Rs 4,072 crore in FY23

India TV News  

Credit card default rose to Rs 4,072 crore or 1.94 per cent at the end of March 2023, Parliament was informed on Tuesday. "As per the inputs received from RBI, in respect of defaults in credit cards, the gross non-performing assets in credit cards was Rs 3,122 crore in March-2022 and Rs 4,072 crore in March-2023, while credit card outstanding …

Govt meets 6.4% fiscal deficit target for FY23
1 year, 6 months ago

Govt meets 6.4% fiscal deficit target for FY23

Hindustan Times  

The Union government met its fiscal deficit target of 6.4% of the gross domestic product for 2022-23 on the back of robust tax revenue despite higher revenue expenditure, particularly on account of subsidies and interest payments, official data released on Wednesday showed. Fiscal deficit indicates government’s borrowing to meet the gap between revenue receipts in a particular financial year and …

India Q4 GDP LIVE: GDP Grew By 6.1% In Jan-Mar Quarter; FY23 GDP Stands At 7.2%
1 year, 6 months ago

India Q4 GDP LIVE: GDP Grew By 6.1% In Jan-Mar Quarter; FY23 GDP Stands At 7.2%

News 18  

India GDP Q4 Growth LIVE Updates: The National Statistical Office has released the gross domestic product growth rate for the fourth quarter of fiscal year 2022-23, along with the growth rate clocked during the entire FY23. The country’s gross domestic product or GDP grew by 6.1 percent in the fourth quarter of fiscal year 2022-23, as per the official data. …

Foreign Portfolio Investment in Indian equities drop 11% to $542 bn in January-March quarter
1 year, 7 months ago

Foreign Portfolio Investment in Indian equities drop 11% to $542 bn in January-March quarter

The Hindu  

The value of Foreign Portfolio Investment in Indian equities was at $542 billion in the March quarter of 2023, a decline of 11% from the preceding year, largely due to the exodus of foreign money from the domestic market, according to a Morningstar report. On a quarter-on-quarter basis, the value of FPI in Indian equities fell by 7% from $584 …

Kerala-based CSB Bank posts 20% rise in Q4 net profit to Rs 156 crore
1 year, 7 months ago

Kerala-based CSB Bank posts 20% rise in Q4 net profit to Rs 156 crore

Business Standard  

Kerala-based private sector lender CSB Bank has posted a 20 per cent rise in net profit during the fourth quarter of 2022-23 to Rs 156 crore, as compared to Rs 131 crore during the same period the previous financial year, owing to rise in income and dip in bad loans. Its net interest income also increased by 15 per cent …

ICICI Bank Q4: From interest income, provisions, key highlight of the quarter
1 year, 8 months ago

ICICI Bank Q4: From interest income, provisions, key highlight of the quarter

Live Mint  

Private sector lender ICICI Bank recorded healthy growth in its fourth quarter results for FY23. Net profit: In Q4FY23, ICICI Bank core operating profit grew by 36.4% year-on-year to ₹ 13,866 crore. Retail loans: The lender’s retail loan portfolio grew by 22.7 percent YoY and comprised 54.7 percent of the total loan portfolio at March 31, 2023. ICICI Bank's rural …

Yes Bank Q4FY23 results: Net profit dips 45% despite 25% rise in total income
1 year, 8 months ago

Yes Bank Q4FY23 results: Net profit dips 45% despite 25% rise in total income

Live Mint  

Yes Bank has announced its Q4FY23 results on Saturday reporting dip in net profit from 367.46 crore to ₹202.43 crore in Q4FY23, logging near 45 per cent decline in year-on-year basis. However, on quarter-to-quarter basis, Yes Bank reported around 293 per cent rise against Q3FY23 net profit of ₹51.52 crore. In FY23, Yes Bank posted 19.46 per cent rise in …

Direct tax receipts after refunds in FY23 grow 18%
1 year, 8 months ago

Direct tax receipts after refunds in FY23 grow 18%

Live Mint  

New Delhi: The government collected ₹16.61 trillion in direct taxes after refunds in FY23, a 17.6% improvement over takings in the preceding year, the Central Board of Direct Taxes said on Monday, quoting provisional figures. Gross direct tax collections for FY23 before adjusting for tax refunds stood at ₹19.68 trillion, a growth of 20.33%, CBDT said. Gross collections of direct …

Delhivery Q3 earnings: Loss widens to ₹196 crore on-year basis, revenue falls
1 year, 10 months ago

Delhivery Q3 earnings: Loss widens to ₹196 crore on-year basis, revenue falls

Live Mint  

Logistics company Delhivery announced its third quarter earnings today. The company widened its consolidated loss for the quarter ended December 31, 2022 to ₹195.7 crore in the third quarter of the financial year 2023 compared to ₹126.5 crore during the same period last year. Total income also came in lower at ₹1,918 crore for the third quarter of financial year …

Indian Companies Raise Rs 5 Lakh Crore Via Equity, Debt In April-November
1 year, 10 months ago

Indian Companies Raise Rs 5 Lakh Crore Via Equity, Debt In April-November

News 18  

Indian companies mobilised Rs 5.06 lakh crore through the equity and debt routes during April-November 2022, a drop of 8.5 per cent from the year-ago period, according to the latest Economic Survey 2022-23. Funds totalling Rs 3.92 lakh crore were mopped up from the debt market and Rs 1.14 crore came in through the equity route, as per the data …

Budget 2023 | No separate mention of disinvestment proceeds
1 year, 10 months ago

Budget 2023 | No separate mention of disinvestment proceeds

The Hindu  

The Budget for 2023-24 has not separately mentioned the amount that the government plans to raise from disinvestment or privatisation of state-owned companies. As per the 2023-24 Budget document, the revised estimate for miscellaneous capital receipts for the current fiscal has been pegged at ₹60,000 crore, lower than the ₹65,000 crore projected in Budget estimates for 2022-23. For the next …

Budget 2023 | Govt to borrow record ₹15.4 lakh crore in FY24 to bridge revenue gap
1 year, 10 months ago

Budget 2023 | Govt to borrow record ₹15.4 lakh crore in FY24 to bridge revenue gap

The Hindu  

The government plans to borrow a record ₹15.4 lakh crore from dated securities in FY24 to meet its expenditure requirement to prop up the economy. Finance Minister Nirmala Sitharaman while presenting the Budget on February 1 said the net market borrowings from dated securities are estimated at ₹11.8 lakh crore to finance the fiscal deficit in 2023-24. The gross market …

Budget 2023 may peg gross borrowing under ₹16 trillion: Report
1 year, 10 months ago

Budget 2023 may peg gross borrowing under ₹16 trillion: Report

Live Mint  

India's federal government is likely to keep its gross market borrowing below ₹16 trillion for 2023/24 as it does not want to destabilise the bond market with any negative surprises, two sources close to the deliberations said. The government has so far raised ₹12.93 trln up to Jan. 27, which is 91% of the overall gross borrowing target of ₹14.21 …

Budget likely to cap fiscal deficit at 5.8% for FY24; Centre's borrowings to rise
1 year, 11 months ago

Budget likely to cap fiscal deficit at 5.8% for FY24; Centre's borrowings to rise

The Hindu  

The Centre and States are likely to budget for higher market borrowings to the tune of ₹2.3 lakh crore next fiscal even though the Union budget may peg a lower-than-expected fiscal deficit for the Centre at 5.8% of GDP, says a report. She also expects the forthcoming budget to enhance the Centre's capex to Rs 8.5-9 lakh crore and target …

Market Borrowings of Centre, States Seen At Rs 24.4 Lakh Crore In FY2024: ICRA
1 year, 11 months ago

Market Borrowings of Centre, States Seen At Rs 24.4 Lakh Crore In FY2024: ICRA

News 18  

The government will peg its fiscal deficit in the FY2024 Budget Estimates at 5.8 per cent of the GDP, a healthy moderation from the 6.4 per cent of GDP projected for FY2023, according to a report by ratings agency ICRA. Aditi Nayar, chief economist and head of ICRA, said, “With a global growth slowdown looming large, the FY2024 Union Budget …

Banks raise record Rs 91,500 crore in debt capital in FY23 so far: Report
1 year, 11 months ago

Banks raise record Rs 91,500 crore in debt capital in FY23 so far: Report

India TV News  

Amid tight liquidity condition, banks have issued a record quantum of bonds, with gross issuances hitting an all-time high of Rs 91,500 crore so far this fiscal, and are likely to close the financial year with around Rs 1.4 lakh crore. 4 lakh crore this fiscal as debt sales have already hit record high of Rs 0.915 lakh crore, surpassing …

India's April-November 2022 Fiscal Deficit Hits 58.9% Of Full-FY23 Target; Details Here
1 year, 11 months ago

India's April-November 2022 Fiscal Deficit Hits 58.9% Of Full-FY23 Target; Details Here

News 18  

India’s fiscal deficit during April-November 2022 stood at Rs 9.78 lakh crore, or 58.9 per cent of the full-financial year target, according to the latest official data released on Friday. According to the latest data from the Controller General of Accounts, the Centre’s total expenditure during April-November 2022 stood at Rs 24,42,787 crore, which is 61.9 per cent of the …

Total govt debt rises to Rs 147 lakh cr in Q2: FinMin Report
1 year, 11 months ago

Total govt debt rises to Rs 147 lakh cr in Q2: FinMin Report

Deccan Chronicle  

NEW DELHI: The total liabilities of the government increased to Rs 147.19 lakh crore at September-end from Rs 145.72 lakh crore at the end of June this fiscal year, according to the latest data on public debt. Public debt accounted for 89.1 per cent of total gross liabilities at September-end 2022, up from 88.3 per cent as on June 30, …

Govt Rakes In Rs 13,63,649 Crore As Direct Tax In FY23, Collection Up By 26% Over Last Fiscal Year
2 years ago

Govt Rakes In Rs 13,63,649 Crore As Direct Tax In FY23, Collection Up By 26% Over Last Fiscal Year

ABP News  

New Delhi: India's gross direct tax collections stood at Rs 13,63,649 crore, recording a 25.90 per cent growth, in the financial year, as against ₹10,83,150 crore in the same period for the preceding year. 9,47,959 Cr in the corresponding period of the preceding Financial Year, representing an increase of 19.81%: Ministry of Finance pic.twitter.com/TYrUFhKmCm — ANI December 18, 2022 Notably, …

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