Budget 2025 is a pragmatic balance of consumption and fiscal discipline: Radhika Gupta
Trending News
1 month, 3 weeks ago

Budget 2025 is a pragmatic balance of consumption and fiscal discipline: Radhika Gupta

Live Mint  

Budget 2025 has moved in a path that at once caters to the immediate requirements of the economy, while continuing on the path to investing for future growth, even while ensuring a tight leash on the fiscal deficit. Tax slab rationalisation to boost consumption, ease of taxation via higher thresholds for tax deductions, tax clarity on ULIP investments, and tax-free withdrawals from NSS investments give the middle class much to cheer about. As a remedy to this slowdown, the budget has come with a bunch of goodies on the tax front to give more disposable income to the middle class and to kickstart the consumption story. There is a potential of ₹1.1 lakh to be saved by a person in the new tax regime compared to her current tax burden if her taxable income is ₹24 lakh annually. Tax slabs have also been liberalised in the new tax regime with taxable income starting at ₹4 lakh and tax rates beginning at 5%.

Tax Income Lakh Tds Radhika Gupta Budget 2025 Gupta Budget 2025 Radhika Gupta Budget Gupta Budget  fiscal  pragmatic  discipline  trillion  slabs  tds  consumption  lakh  threshold  income  tax  middle  balance  radhika  gupta  budget  2025

History of this topic

Delhi Budget 2025: Delhi CM Rekha Gupta Presents ₹1 Lakh Crore Budget, Focuses on ‘Sabka Saath, Sabka Vikas’
2 hours, 13 minutes ago

Delhi Budget 2025: Delhi CM Rekha Gupta Presents ₹1 Lakh Crore Budget, Focuses on ‘Sabka Saath, Sabka Vikas’

ABP News  

Delhi Chief Minister Rekha Gupta presented the BJP-led government's first budget on Tuesday, marking the party's return to power in the capital after 27 years. The budget, amounting to ₹1 lakh crore, reflects the BJP’s election manifesto promises and aims to address key public concerns. CM Gupta emphasized that the budget embodies the vision of "Sabka Saath, Sabka Vikas," ensuring …

Haryana Congress leader Hooda picks holes in 2025-26 budget estimates
4 days, 8 hours ago

Haryana Congress leader Hooda picks holes in 2025-26 budget estimates

Hindustan Times  

Former Haryana chief minister Bhupinder Singh Hooda on Thursday picked holes in the 2025-26 budget estimates presented by chief minister Nayab Singh Saini. During the general discussion on the budget estimates, Congress leader Bhupinder Singh Hooda said though the chief minister claimed in his budget address that the revenue deficit, fiscal deficit and debt to GSDP ratio was within prescribed …

Telangana Budget 2025-26: Key takeaways | In charts
Top News
5 days, 3 hours ago

Telangana Budget 2025-26: Key takeaways | In charts

The Hindu  

The Telangana State budget with an outlay of ₹3.05 lakh crores was presented by the Deputy Chief Minister Mallu Bhatti Vikramarka in the Assembly today. Receipts and Expenditure Revenue receipts stand at ₹2.3 lakh crores for 2025-26 budget estimates, up from ₹2.02 lakh crores last year. Revenue expenditure for social services increased from ₹81.1 thousand crores in 2024-25 to ₹1.1 …

Telangana government tables ₹3.04 lakh-crore budget with focus on welfare, industrial growth
5 days, 5 hours ago

Telangana government tables ₹3.04 lakh-crore budget with focus on welfare, industrial growth

Hindustan Times  

Telangana finance minister Mallu Bhatti Vikramarka on Wednesday presented a ₹3.04 lakh crore state budget for 2025-26 in the assembly, announcing a “Mega Master Plan 2050” for industrial development not just in IT hub Hyderabad but across the Telugu state. Telangana Deputy Chief Minister and Finance Minister Bhatti Vikramarka presents the State Budget for 2025-26 in the state Assembly, in …

Telangana presents ₹3.04-lakh-crore budget for 2025-26
Top News
6 days, 2 hours ago

Telangana presents ₹3.04-lakh-crore budget for 2025-26

The Hindu  

The Telangana Government has presented a massive ₹3.04 lakh crore budget for the financial year 2025-26. The budget however reflects the State’s continued dependence on borrowings estimated at close to ₹70,000 crore including open market borrowings of ₹64,539 crore during the next fiscal. On the revenue receipts front, the State estimated the revenue to be at ₹2.29 lakh crore of …

Telangana Rising with Rs 3 lakh cr Budget
Top News
6 days, 4 hours ago

Telangana Rising with Rs 3 lakh cr Budget

Deccan Chronicle  

Hyderabad: Deputy Chief Minister and finance minister Mallu Bhatti Vikramarka on Wednesday presented the state's Budget for 2025-26 with an outlay of Rs 3,04,965 crore. The budget projected a revenue surplus of Rs 2,783 crore in 2025-26, which is lower than Rs 5,888.71 crore projected in revised estimates for 2024-25. The budget projected a fiscal deficit of Rs 54,009 crore …

Telangana Rising with Rs 3 lakh cr Budget
Top News
6 days, 4 hours ago

Telangana Rising with Rs 3 lakh cr Budget

Deccan Chronicle  

Hyderabad: Deputy Chief Minister and finance minister Mallu Bhatti Vikramarka on Wednesday presented the state's Budget for 2025-26 with an outlay of Rs 3,04,965 crore. The budget projected a revenue surplus of Rs 2,783 crore in 2025-26, which is lower than Rs 5,888.71 crore projected in revised estimates for 2024-25. The budget projected a fiscal deficit of Rs 54,009 crore …

Telangana Rising with Rs 3 lakh cr Budget
Top News
6 days, 4 hours ago

Telangana Rising with Rs 3 lakh cr Budget

Deccan Chronicle  

Hyderabad: Deputy Chief Minister and finance minister Mallu Bhatti Vikramarka on Wednesday presented the state's Budget for 2025-26 with an outlay of Rs 3,04,965 crore. The budget projected a revenue surplus of Rs 2,783 crore in 2025-26, which is lower than Rs 5,888.71 crore projected in revised estimates for 2024-25. The budget projected a fiscal deficit of Rs 54,009 crore …

Congress MLAs express concern over declining capital expenditure
6 days, 6 hours ago

Congress MLAs express concern over declining capital expenditure

Hindustan Times  

The opposition Congress on Tuesday expressed concern over the decline in the capital outlay in the 2025-26 budget estimates tabled by chief minister Nayab Singh Saini in Haryana assembly on March 17. Congress leader Bhupinder Singh Hooda Speaking during the general discussion on budget, Congress MLA from Rohtak BB Batra said that the proposed capital outlay in 2025-26 estimates was …

Capex push, fiscal discipline hasn’t come at the cost of social spending cut: Sitharaman
6 days, 18 hours ago

Capex push, fiscal discipline hasn’t come at the cost of social spending cut: Sitharaman

Live Mint  

New Delhi: Finance minister Nirmala Sitharaman on Tuesday said the government’s push for capital expenditure, while maintaining fiscal discipline, has not come at the cost of public spending, emphasizing that allocations for social welfare and education have increased significantly. Speaking at the Rajya Sabha, Sitharaman said the effective capital expenditure for the next fiscal year, 2025-26, is projected to be …

Telangana Budget 2025-26 to be presented in Assembly on Wednesday
6 days, 21 hours ago

Telangana Budget 2025-26 to be presented in Assembly on Wednesday

The Hindu  

The stage is all set for the presentation of Telangana’s annual financial statement, budget, for the financial year 2025-26 in the Legislative Assembly on Wednesday. Deputy Chief Minister Mallu Bhatti Vikramarka, who holds the Finance portfolio, will present the budget in the House around noon on Wednsday even as the Finance department officials initiated efforts to fine tune the annual …

Haryana budget: Focus on women, AI but dip in capex a worry
Trending News
1 week ago

Haryana budget: Focus on women, AI but dip in capex a worry

Hindustan Times  

Proposing an ambitious budget outlay of about ₹2.05 lakh crore for the 2025-26 financial year, Haryana chief minister Nayab Singh Saini on Monday presented his maiden budget estimates in the state assembly. Haryana chief minister Nayab Singh Saini The budget outlay of ₹2.05 lakh crore was about 8% higher than the ₹1.89 lakh crore presented by Saini’s predecessor Manohar Lal …

Haryana CM presents ₹2.05 lakh cr budget with aim to make state ‘future capable’
Trending News
1 week ago

Haryana CM presents ₹2.05 lakh cr budget with aim to make state ‘future capable’

Hindustan Times  

Chief minister Nayab Singh Saini on Monday proposed a ₹2.05 lakh crore state budget for the 2025-26 financial year, 13.7% up from the revised estimates of 2024-25, in the assembly on Monday. Haryana chief minister Nayab Singh Saini, who also holds the finance portfolio, presenting the state budget for 2025-26 in the assembly in Chandigarh on Monday. Presenting his first …

A Federal Dilemma: How The New Income Tax Bill 2025 Threatens State Revenues And Fiscal Autonomy
1 week, 1 day ago

A Federal Dilemma: How The New Income Tax Bill 2025 Threatens State Revenues And Fiscal Autonomy

Live Law  

The New Income Tax Bill 2025 is regarded as a significant reform intended to streamline tax systems and enhance compliance. This article critically examines how the New Income Tax Bill 2025 jeopardizes fiscal federalism, the growing dependence on non-divisible surcharges and levies, and the potential risks states may soon face with diminishing financial strength and reduced fiscal autonomy. Although the …

TN Budget 2025: Fiscal deficit to be 3 per cent of GSDP, says Finance Minister Thangam Thennarasu
1 week, 3 days ago

TN Budget 2025: Fiscal deficit to be 3 per cent of GSDP, says Finance Minister Thangam Thennarasu

New Indian Express  

CHENNAI: Finance Minister Thangam Thennarasu said the fiscal deficit of the state government is estimated to decrease to 3% of the GSDP during 2025-26. This is despite the state falling short of its last year’s target of total revenue receipts, which was revised downwards from Rs 2.99 lakh crore to Rs 2.93 lakh crore in the Revised Estimate 2024-25. The …

Watch: Highlights of the Tamil Nadu Budget 2025
1 week, 3 days ago

Watch: Highlights of the Tamil Nadu Budget 2025

The Hindu  

Tamil Nadu’s Finance Minister Thangam Thennarasu presented the last full-fledged Budget of the DMK government before the Assembly elections, which will be held in 2026, in the Assembly Hall at Fort St. George in Chennai on March 14, 2025. The Budget pegs the State’s nominal GSDP at 14.5% in 2024-25, with real growth projected at 9% and an average inflation …

Outstanding borrowing will be ₹9,29,959 crore, says Finance Minister
1 week, 3 days ago

Outstanding borrowing will be ₹9,29,959 crore, says Finance Minister

The Hindu  

Tamil Nadu Finance Minister Thangam Thennarasu on Friday presented the Medium Term Fiscal Plan, which stated the State government has planned to borrow ₹1,62,096.76 crore during 2025-26 and make repayment of ₹55,844.53 crore. Mr. Thennarasu said Tamil Nadu remains a key growth engine, driven by a robust manufacturing base, rapid expansion in the services sector, and sustained public and private …

TN Budget 2025: State debt to rise to ₹9.29 lakh crore by March 2026
1 week, 4 days ago

TN Budget 2025: State debt to rise to ₹9.29 lakh crore by March 2026

New Indian Express  

CHENNAI: The debt burden of the Tamil Nadu government will burgeon to ₹9,29,959.30 crore by March 31, 2026, according to the budget documents for the year 2025-26. In view of the revenue augmentation measures, including improvement in tax administration and collection efficiency, the revenue deficit is expected to reduce to ₹31,282.23 crore in 2026-27 and subsequently reduce further to ₹18,026.48 …

A State under severe financial stress
1 week, 5 days ago

A State under severe financial stress

The Hindu  

The Andhra Pradesh government presented a Budget of more than ₹3.22 lakh crore for FY2025-26. Public debt, the total amount of money that a government borrows to fund its spending, is estimated to increase to ₹1.02 lakh crore in FY2025-26. According to experts, the surge in public debt is largely due to “freebies, fewer tax revenues, and meagre capital expenditure.” …

India’s GDP growth to surpass 6.5 per cent in FY26, one of the fastest rates among large economies: Moody’s
1 week, 6 days ago

India’s GDP growth to surpass 6.5 per cent in FY26, one of the fastest rates among large economies: Moody’s

Live Mint  

Higher government capex and a boost in consumption will fuel India's economic growth in FY26, exceeding 6.5 per cent in the next fiscal, Moody's ratings said on Wednesday. “Government capital expenditure, tax cuts for middle-class income groups to boost consumption and monetary easing will help India's real GDP growth exceed 6.5% for fiscal 2025-26 from 6.3% in fiscal 2024-25,” Moody's …

Mahayuti avoids populist schemes in the first budget after returning to power
2 weeks ago

Mahayuti avoids populist schemes in the first budget after returning to power

Hindustan Times  

Mumbai: Four months after winning the Maharashtra assembly elections on the back of a slew of populist schemes, the Mahayuti government’s first budget after retaining power reflected an estimated debt of ₹9,32,242 crore for the financial year 2025-26, which is the highest in the state’s history. Populist schemes worth ₹96,000 crore announced in last year’s budget in June, weeks after …

Govt seeks House nod for extra spending of ₹51,400 crore in FY25, mainly for subsidies
2 weeks ago

Govt seeks House nod for extra spending of ₹51,400 crore in FY25, mainly for subsidies

Live Mint  

New Delhi: Finance minister Nirmala Sitharaman on Monday sought Parliament’s approval for a net additional spending of ₹51,463 crore in FY25 to meet funding requirements of mainly fertilizer, food and cooking gas subsidy and defence pension. The government also sought House approval for an extra ₹6.27 trillion spending, mainly for repayment of debt, which does not involve additional cash outgo …

Maharashtra’s economy set to grow at 7.3% in 2024-25, outpacing national growth: Economic Survey
2 weeks, 3 days ago

Maharashtra’s economy set to grow at 7.3% in 2024-25, outpacing national growth: Economic Survey

The Hindu  

Maharashtra’s economy is projected to grow at 7.3% in the financial year 2024-25, surpassing the national growth estimate of 6.5%, according to the state’s pre-Budget Economic Survey tabled in the assembly on Friday. Maharashtra’s nominal Gross State Domestic Product for 2024-25 is estimated at ₹45.31 lakh crore, up from ₹40.55 lakh crore in 2023-24. During the rabi season, sowing covered …

Karnataka Budget 2025 is gift to people: Dy CM DK Shivakumar
2 weeks, 3 days ago

Karnataka Budget 2025 is gift to people: Dy CM DK Shivakumar

Hindustan Times  

Karnataka Deputy Chief Minister DK Shivakumar on Friday lauded the 2025 state budget as a gift to the people of Karnataka. Ahead of this, Karnataka Chief Minister Siddaramaiah, while presenting the Budget, claimed that the state government has maintained the fiscal deficit of the state for the financial year 2025-26. According to the Karnataka government's Budget for the financial year …

Karnataka Budget 2025-26 key highlights: Infographics
Trending News
2 weeks, 3 days ago

Karnataka Budget 2025-26 key highlights: Infographics

The Hindu  

Karnataka Chief Minister Siddaramaiah presented the State budget for 2025-26 in the legislature today, outlining how his government plans to spend around ₹4.09 lakh crore in the coming year. Mr. Siddaramaiah laid out six key focus areas in his budget speech - “people-oriented” welfare initiatives, agriculture and rural development, increased investment in infrastructure, health and education, urban development, job creation …

Karnataka budget 2025 presented by CM Siddaramaiah: Outlay crosses ₹4 lakh crore for the first time
Top News
2 weeks, 4 days ago

Karnataka budget 2025 presented by CM Siddaramaiah: Outlay crosses ₹4 lakh crore for the first time

The Hindu  

Karnataka’s budget outlay has for the first time crossed ₹4 lakh crore. In his 16th budget Chief Minister Siddaramaiah presented on Friday for the fiscal year 2025-26, the total budget outlay has been estimated to be ₹4,09,549 crore. Follow for live updates on Karnataka Budget 2025-26 The budget outlay includes revenue expenditure of ₹3,11,739 crore, capital expenditure of ₹71,336 crore …

Karnataka CM Siddaramaiah presents state Budget
2 weeks, 4 days ago

Karnataka CM Siddaramaiah presents state Budget

Deccan Chronicle  

Bengaluru: Karnataka Chief Minister Siddaramaiah, presenting his record sixteenth budget on Friday, strongly defended the government's five guarantee schemes and targeted the union government for the state's fiscal challenges. It includes revenue expenditure of Rs 3,11,739 crore, capital expenditure of Rs 71,336 crore and loan repayment of Rs 26,474 crore.The chief minister presented the budget in the Assembly sitting due …

Karnataka CM presents Rs 19,000 crore revenue deficit budget with Rs 4.09 lakh crore outlay
2 weeks, 4 days ago

Karnataka CM presents Rs 19,000 crore revenue deficit budget with Rs 4.09 lakh crore outlay

New Indian Express  

BENGALURU: Chief Minister Siddaramaiah, who also holds the Finance portfolio, presented a Rs 19,262 crore revenue-deficit Karnataka Budget for 2025-26 here on Friday, March 7, with a total outlay pegged at Rs 4,09,549 crore as against the revised estimate of Rs 3,65,865 crore for 2024-25. Though it showed commitment to implement the five guarantees, the allocation saw a stagnation as …

Sanjeev Ahluwalia | Shoring up India’s flagging growth: Key govt challenge
2 weeks, 4 days ago

Sanjeev Ahluwalia | Shoring up India’s flagging growth: Key govt challenge

Deccan Chronicle  

The main challenge before the Narendra Modi government is how to balance the onerous investment and institutional demands of high growth, without risking a political blowback. GDP growth higher than comparators: GDP growth in real terms during the third quarter of this fiscal, at 6.2 per cent, is higher than the average of the first two quarters. The IMF estimates …

GDP revision gives govt extra fiscal headroom for FY25 accounts; second supplementary demands next week
2 weeks, 5 days ago

GDP revision gives govt extra fiscal headroom for FY25 accounts; second supplementary demands next week

Live Mint  

New Delhi: The union government, which is preparing to seek Parliament’s approval for additional funding for the current financial year, now has extra fiscal headroom on account of the improvement in the economic growth rate to 9.9% in nominal terms, as forecast last Friday by the statistics ministry. The slight upward revision in the economic growth rate projection – from …

A step backward for Odisha’s economy
2 weeks, 5 days ago

A step backward for Odisha’s economy

The Hindu  

The Bharatiya Janata Party government in Odisha presented the State Budget for 2025-26 in February, with a total Budget size of ₹2,90,000 crore. However, the BJP government’s fiscal performance over the last nine months has been unimpressive, giving an impression that its economic goals are like pie in the sky without an achievable action plan. Although the current borrowing is …

Chhattisgarh presents Rs 1.65 lakh cr budget for FY 2025-26, key focus on growth, infrastructure, welfare
3 weeks ago

Chhattisgarh presents Rs 1.65 lakh cr budget for FY 2025-26, key focus on growth, infrastructure, welfare

India TV News  

Chhattisgarh presents Rs 1.65 lakh cr budget for FY 2025-26, key focus on growth, infrastructure, welfare Chhattisgarh’s Rs 1.65 lakh crore budget for 2025-26 focuses on growth, infrastructure, and welfare under the ‘GATI’ theme. Chhattisgarh’s Finance Minister OP Chaudhary on Monday presented the state’s budget for the financial year 2025-26, amounting to Rs 1,65,000 crore. Welfare and agricultural support The …

Maharashtra Budget 2025: Ajit Pawar’s Strategy to Tackle Debt, Review Schemes, and Spur Growth
Trending News
3 weeks ago

Maharashtra Budget 2025: Ajit Pawar’s Strategy to Tackle Debt, Review Schemes, and Spur Growth

The Hindu  

Published : Mar 03, 2025 21:17 IST - 4 MINS READ In the first three days of March, Maharashtra’s financial situation was revealed: It tops the chart in the country’s State numbers for GST collection for February 2025, with Rs.30,637 crore; the State finance minister, Ajit Pawar, sought a supplementary Rs.6,486 crore on March 3. They spent big money: The …

Bihar govt. tables Budget of ₹3.17 lakh crore for the year 2025-26
3 weeks ago

Bihar govt. tables Budget of ₹3.17 lakh crore for the year 2025-26

The Hindu  

Ahead of the State elections in October-November this year, the Bihar government on Monday tabled estimated Budget of ₹3,16,895.02 crore in the Assembly for the financial year 2025-26. The Deputy Chief Minister Samrat Choudhary who also holds finance department said that the State government would spend ₹60,954 crores on education, ₹20,335 crores on health, ₹16,193 crores on rural development and …

Jharkhand Budget 2025: Government tables ₹1.45 lakh crore Budget for FY 2025-26 in Assembly
Trending News
3 weeks, 1 day ago

Jharkhand Budget 2025: Government tables ₹1.45 lakh crore Budget for FY 2025-26 in Assembly

The Hindu  

The Jharkhand Government on Monday tabled a ₹1.45 lakh crore Budget for the financial year 2025-26 in the State Assembly. The Jharkhand Mukti Morcha -led coalition Government had presented a Budget of ₹1.28 lakh crore for the 2024-25 financial year. Presenting the first budget of the Heman Soren’s government after retaining power in the assembly election last year, Mr. Kishore …

Delhi Government to present 2025-26 budget between March 24-26: Rekha Gupta
Trending News
3 weeks, 1 day ago

Delhi Government to present 2025-26 budget between March 24-26: Rekha Gupta

Hindustan Times  

Chief Minister Rekha Gupta on Monday said the Delhi government will present the 'Viksit Delhi' budget for 2025-26 in the assembly between March 24 and 26. Rekha Gupta reiterated that all promises made in the BJP's 'Sankalp Patra' will be fulfilled Addressing a press conference, she said the budget will be prepared after incorporating suggestions from various sections of society. …

India’s GDP to grow at faster pace in Q4; RBI rate cut and businesses at Mahakumbh could aid recovery: Report
3 weeks, 1 day ago

India’s GDP to grow at faster pace in Q4; RBI rate cut and businesses at Mahakumbh could aid recovery: Report

Live Mint  

New Delhi, March 3 : India's economy is expected to grow at a much better pace in the fourth quarter of FY25, supported by strong government spending, a recovery in the rural economy, and a likely increase in private investment, according to a report by Centrum. The report projects GDP growth for FY25 at 6.5 per cent, with rate cut …

Andhra govt presents annual budget with outlay of ₹3.22L-cr
Trending News
3 weeks, 3 days ago

Andhra govt presents annual budget with outlay of ₹3.22L-cr

Hindustan Times  

Andhra Pradesh finance minister Payyavula Keshav on Friday presented the state’s annual budget for the financial year 2025-26 in the state legislative assembly with an outlay of ₹3.22 lakh crore. They are Thalliki Vandanam, a revised “Amma Vodi scheme” of the previous YS Jagan Mohan Reddy government providing financial assistance to women for sending their children to schools; and Annadata …

Andhra Pradesh Budget: Welfare assured, growth guaranteed
3 weeks, 3 days ago

Andhra Pradesh Budget: Welfare assured, growth guaranteed

New Indian Express  

VIJAYAWADA: Finance Minister Payyavula Keshav on Friday presented the Andhra Pradesh Budget for 2025-26 in the Legislative Assembly with an outlay of Rs 3,22,359 crore. The revenue expenditure has been estimated at Rs 2,51,162 crore, while the capital expenditure has been shown at Rs 40,635 crore. The revised estimates of revenue expenditure for the financial year 2024-25 are Rs 2,24,342 …

India’s fiscal deficit hits ₹11.7 trillion in April-January period, 74.5% of FY25 target
Trending News
3 weeks, 3 days ago

India’s fiscal deficit hits ₹11.7 trillion in April-January period, 74.5% of FY25 target

Live Mint  

India's fiscal deficit for the April-January period of financial year 2024-25 stood at ₹11.70 trillion, 74.5% of the estimate for 2024-25, according to the data released by the Controller General of Accounts on Friday. Receipts and expenditure During the April-January period, net tax receipts stood at ₹19.04 trillion, or 74.4% of the target set in the annual budget, against ₹18.80 …

AP presents Rs 3.2 lakh crore budget for 2025-26, priority to welfare
Trending News
3 weeks, 3 days ago

AP presents Rs 3.2 lakh crore budget for 2025-26, priority to welfare

Deccan Chronicle  

Vijayawada: In a major step towards fulfilling the super-six poll promises made by Chandrababu Naidu, Finance Minister Payyavula Keshav announced substantial allocations for these in the annual budget for 2025-26. Interestingly, the alliance government showed enhanced revenue receipts of Rs 2,17,977 crore, which was Rs 41,946 crore more than the Rs 1,76,031 crore of the 2024-25 revised budget estimates. Further, …

India’s Core Sector Grows 4.6% in Jan; Fiscal Deficit at 74.5%
Trending News
3 weeks, 3 days ago

India’s Core Sector Grows 4.6% in Jan; Fiscal Deficit at 74.5%

Deccan Chronicle  

New Delhi: The output of eight key infrastructure sectors rose by 4.6 per cent in January against a 4.2 per cent expansion in the same month of last year, but it was slower compared to 4.8 percent a month ago, while the Centre's fiscal deficit touched 74.5 per cent of the annual target at the end of January 2025, two …

India’s April-Jan fiscal deficit hits ₹11.7 lakh crore, widens to 74.5% of revised FY25 target
Top News
3 weeks, 3 days ago

India’s April-Jan fiscal deficit hits ₹11.7 lakh crore, widens to 74.5% of revised FY25 target

Live Mint  

The Centre's fiscal deficit touched 74.5 per cent of the annual target at the end of January 2025, according to the data released by Controller General of Accounts on Friday. The CGA data showed that the central government's tax revenue was ₹19.03 lakh crore, or 74.4 per cent of the RE of 2024-25. The total expenditure was at ₹35.7 lakh …

India’s economic growth accelerates to 6.2% in October-December
3 weeks, 3 days ago

India’s economic growth accelerates to 6.2% in October-December

Live Mint  

Feb 28 - India's economy grew by 6.2% in October-December, marginally below expectations but faster than in the previous quarter on the back of increased government and consumer spending, data released on Friday showed. COMMENTS GAURA SEN GUPTA, INDIA ECONOMIST, IDFC FIRST BANK, MUMBAI The Q3 GDP growth is "marginally better than our expectations". MADHAVI ARORA, CHIEF ECONOMIST, EMKAY GLOBAL …

Bihar’s economy increases to ₹8.54 lakh crore in 2023-24: Dy. CM Samrat Choudhary
3 weeks, 4 days ago

Bihar’s economy increases to ₹8.54 lakh crore in 2023-24: Dy. CM Samrat Choudhary

The Hindu  

Bihar Deputy Chief Minister Samrat Choudhary who also holds the Finance portfolio on Friday presented the 2024-25 State Economic Survey Report in the Assembly on the opening day of the month-long Budget session and said size of the State’s economy at current prices has increased 3.5 times from ₹2.47 lakh crore in 2011-12 to ₹8.54 lakh crore in 2023-24. The …

IMF report: Key structural reforms could raise India’s economic growth potential
3 weeks, 4 days ago

IMF report: Key structural reforms could raise India’s economic growth potential

Live Mint  

New Delhi: The International Monetary Fund has said India's robust economic performance presents a crucial opportunity to implement key structural reforms that are essential for achieving its goal of becoming an advanced economy by 2047. In an Article IV Consultation report for 2024, the IMF executive board said deeper implementation of structural reforms could boost private investment and employment in …

India needs 1.2-1.5 tax buoyancy to achieve 6.5-7% growth: EY
3 weeks, 6 days ago

India needs 1.2-1.5 tax buoyancy to achieve 6.5-7% growth: EY

The Hindu  

“India has to maintain a tax buoyancy in the range of 1.2-1.5 to achieve a growth of 6.5-7%,” an EY report said on Wednesday, February 26, 2025. “India’s fiscal strategy must focus on enhancing tax buoyancy, prudent expenditure management, and continued structural reforms to ensure sustainable growth,” EY said. “However, for India to achieve a medium-term growth trajectory of 6.5-7.0% …

UP Budget: Infra, tech push in pursuit of trillion dollar economy target
1 month ago

UP Budget: Infra, tech push in pursuit of trillion dollar economy target

Hindustan Times  

Aimed at giving a push to infrastructure and technology and turning Uttar Pradesh into a trillion dollar economy with the focus on education, entrepreneurship and employment, the Yogi Adityanath government on Thursday presented its ninth annual budget of a projected size of over ₹8.08 lakh crore. Chief minister Yogi Adityanath with state finance minister Suresh Kumar Khanna before the presentation …

UP Budget goes bigger, but fund utilisation remains a challenge
1 month ago

UP Budget goes bigger, but fund utilisation remains a challenge

Hindustan Times  

LUCKNOW Uttar Pradesh government may have increased the allocations for various sectors with the size of the annual budget also going up year after year, but it faces the greater challenge of spending the funds. In 2023-2024, the state government estimated a revenue expenditure of ₹ 5.21 lakh crore, and could use only ₹ 4.29 lakh crore. The government later …

Past capex and robust rural demand will propel India’s economic growth: SBICap
1 month ago

Past capex and robust rural demand will propel India’s economic growth: SBICap

Live Mint  

New Delhi: India’s economic growth over the next 15 months may benefit from the lagged impact of past capital expenditure and strong rural demand amid slowing consumer spending, SBI Capital Markets Ltd said in a report on Wednesday. SBICap added that private final consumption expenditure, or consumer spending, in India, which accounts for more than 60% of India’s real GDP, …

Discover Related