Page 88 - Budget 2022 News

Fiscal deficit hits 115% of Budget estimate at Rs 8.07 trillion till Nov

The fiscal deficit or the gap between expenditure and revenue was at Rs 8,07,834 crore as on November 30, 2019

Govt cuts expenditure limit for March quarter as revenue collection falls

The government has asked all departments to restrict the expenses to 25 per cent of the Budget Estimate (BE) in January-March

Fiscal deficit at 3%: A sensible target despite questions about its origin

The number wasn't imported from the Maastricht Treaty, but is a synthesis of the experiences of various countries within and outside the accord

Don't see fortunes of mid- and small-caps changing soon, says Samir Arora

Market experts believe 2020 could be the comeback year for mid- and small-caps.

Best of BS Opinion: Budget 2020 expectations, setback for Tatas, and more

Business Standard brings to you best of BS Opinion for the day

Budget 2018: FinMin may tweak Minimum Alternate Tax norms to boost industry

There is a need to revisit the corporate tax rate in Union Budget 2018-19, to be presented to Parliament on February 1: Expert

Govt to scrap distinction between plan & non-plan expenditures in Budget

It would increase the focus on reducing the revenue deficit and enhancing capital spending

Infra spotlight: Little help from govt rejig of plan, non-plan expenditure

Despite wanting to, the government has managed to spend very little on capital account

Govt sees nominal GDP at 12.2% till FY25; assuming average inflation of 4%

The Centre's budgetary support as a percentage of nominal GDP is expected to grow from 0.74% in 2019-20 to 1.11% in 2024-25

Push for infrastructure

Financing projects will be the biggest challenge

Slowdown set to worsen in 2020, but Budget may help turn the tide: CEO poll

Budget wish list: Income-tax cut, blueprint for investment push

What may lie ahead in 2020

Nobody can anticipate, let alone predict, what Mr Modi will do in 2020.

India Inc wants Centre to take more steps on ease of doing business

Industry representatives asked officials to "create more freedom for industry to perform"

Modi says India will emerge stronger from slowdown, urges investments

India, once the poster child of economic growth in the developing world, grew at the slowest pace in six years during the July-September quarter.

Telecom lobby meets Sitharaman, seeks help in meeting SC-ordered dues

Telecom companies owe the government Rs 92,642 crore in unpaid licence fee, and another Rs 55,054 crore in outstanding spectrum usage charges.

India should maintain fiscal deficit; needs revenue mobilisation: Gopinath

India's consolidated deficit (the Centre and states combined) is the highest among the G20 nations, she added.

Do not want businesses to shut, will help revive: Sitharaman to India Inc

Addressing industry representatives, Sitharaman said India's macro-economic indicators were on a solid footing

MGNREGS wages to go up? Scheme likely to get Rs 10,000-cr push

To boost rural income, the government could raise the total MGNREGA Budget for 2020-21 to Rs 70,000 crore. In 2019-20 (FY20), it was Rs 60,000 crore

Quality mid-caps can outperform next year: Mirae Asset's Swarup Mohanty

As economic growth bottoms out, liquidity stays benign, corporate earnings pick up and risk aversion diminishes, we expect the valuation discount of mid-caps to narrow vis a vis large-caps in CY20

PM Modi chairs first meeting of Cabinet Committee on Investment & Growth

The panel has four other members -- Home Minister Amit Shah, Highways and MSME Minister Nitin Gadkari, Finance Minister Nirmala Sitharaman and Commerce & Railways Minister Piyush Goyal