Page 2 - Latest Updates on Fiscal Deficit
Union Budget 2023 augments capex without sacrificing fiscal consolidation
The quality of the fiscal deficit is also set to improve in FY24, with capex accounting for a much larger share of the same vis-a-vis FY23
 "Union Budget 2023 augments capex without sacrificing fiscal consolidation")
Budget 2023 ticks all checkboxes; Adani group stocks played spoilsport
It is typical of markets to rally ahead of the budget proposals and see some profit taking once the measures are announced. This time, however, the Adani group stocks played spoilsport
 "Budget 2023 ticks all checkboxes; Adani group stocks played spoilsport")
Budget 2023 delivers on all counts; pushes hard on capex, growth
Budget 2023 has more or less maintained the ratio of size of the budget to GDP to around 15 per cent.
 "Budget 2023 delivers on all counts; pushes hard on capex, growth")
Budget likely to push spending to support growth, while lowering deficit
Although the government faces elections in key states this year and a national vote in 2024, the budget is unlikely to offer major relief to households due to fiscal constraints
 "Budget likely to push spending to support growth, while lowering deficit")
Eco Survey is assuring; believes we have completely regained lost ground
The Economic Survey 2023-24 is assuring and it affirms that we have completely regained lost ground, says Madan Sabnavis
 "Eco Survey is assuring; believes we have completely regained lost ground")
India's April-Dec fiscal deficit touches 60% of full-year target: Govt data
Net tax receipts rose to Rs 15.56 trillion while total expenditure was Rs 28.18 trillion, the data showed
 "India's April-Dec fiscal deficit touches 60% of full-year target: Govt data")
Indian economy to grow 6.5% in FY24; CAD may widen further: Economic Survey
It added that India is third-largest economy in the world in PPP (purchasing power parity) terms and fifth largest in terms of exchange rate
 "Indian economy to grow 6.5% in FY24; CAD may widen further: Economic Survey")
From capex to taxation, four things to look out for in Union Budget 2023
This is the last full budget before the 2024 Lok Sabha elections, and will be tabled amidst a global slowdown and unprecedented geopolitical uncertainty
 "From capex to taxation, four things to look out for in Union Budget 2023")
Road map for India as an economic superpower
This Budget will also continue the weighty task of sustaining social welfare schemes
Budget 2023-24: Centre to target higher capex but lower fiscal deficit
Budget 2023-24: The Centre is expected to peg the fiscal deficit target for FY24 below 6 per cent, and the capex is likely to jump 20-30 per cent
 "Budget 2023-24: Centre to target higher capex but lower fiscal deficit")
Will Budget 2023-24 be populist or pragmatic? Brokerages weigh in
Budget to focus on rural India, capex, and manufacturing push, as well as prioritising macro stability
Budget 2023: FM may bring fiscal deficit target down to less than 6% of GDP
Fiscal deficit helps in assessing macroeconomic stability of a nation, which also impacts inflation
 "Budget 2023: FM may bring fiscal deficit target down to less than 6% of GDP")
Three points for the Budget
Of the many things to watch in the Budget, three things-growth, fiscal deficit and stance on trade-will receive special attention from analysts. Getting the tone right will be crucial
Fiscal deficit target for FY24 to be kept at 5.8-5.9% in Budget: Report
The fiscal deficit is expected to remain much larger than the 4-4.5 per cent of the GDP that was usual for decades
Best of BS Opinion: Deficient regulation, structural strength, and more
Here is the best of Business Standard's opinion pieces for today
 "Best of BS Opinion: Deficient regulation, structural strength, and more")
Building resilience for the long game
The Budget should focus on keeping the domestic house in order. If it manages to do so, then India could attract large capital inflows once the global shocks fade
Budget must focus on lowering fiscal deficit: EY India's Rajiv Memani
In an interview with Ruchika Chitravanshi, Rajiv Memani, Chairman and Managing Partner of EY India, said that there is a strong enabling environment for private sector investment
 "Budget must focus on lowering fiscal deficit: EY India's Rajiv Memani")
Prioritising stability over growth
The backdrop of the Budget augurs well for the government, but a closer look calls for a cautious approach
 "Prioritising stability over growth")
The bicycle theory of the 2023 Budget
Lowering the fiscal deficit to sustainable levels will be the biggest challenge for the government, but there are enough reasons for it to keep pedalling hard
 "The bicycle theory of the 2023 Budget")
Fiscal consolidation expected on the back of lower subsidy payments
The Central government's fiscal deficit is expected to narrow to 5.9 per cent of GDP in F2024 from 6.4 per cent in F2023, Morgan Stanley said in a report
 "Fiscal consolidation expected on the back of lower subsidy payments")