Deficit

Govt may close FY23 with Rs 50,000 cr shortfall in direct tax mop up

Deficit in overall indirect tax receipts likely due to contraction in customs and excise collections

Pakistan's current account deficit shrank 90% in January, says SBP

SBP said the country's current account deficit shrank by 90 % in January from the same month last year as the government continued with its strategy to restrict imports

S&P affirms Kerala's 'BB-/B' rating, gives outlook stable to state

Deficits resulting from spending on socio-economic programmes constrain ratings for the state: Agency

Many states are seeing a steep fall in cost of their debt, finally

Large borrowing states not coming to the market or drawing down less than indicated amounts

In second term as Kerala CM, Pinarayi Vijayan stares at a Rs 3-trn debt

The state has negotiated a series of crises in the form of natural disasters to the Covid pandemic with a great amount of resilience since 2017

Covid may force govt to borrow more; monetising deficit last resort: Report

Revenue shortfalls in India, the major economy hardest hit by the pandemic, are likely to force the government to borrow more, but it will only consider monetising its deficit as a last resort

Monetary policy for exceptional times

Monetisation of deficit is unlikely to spark inflation

Is more debt the way out for a world economy that already owes $250-trn?

Fiscal hawks argue such proposals will merely sow the seeds for more trouble. But the needle seems to be shifting on how much debt an economy can safely carry

With $230 mn deficit, UN may run out of money by end of the month: Guterres

To cut costs, Guterres mentioned postponing conferences and meetings and reducing services, while also restricting official travel to only essential activities

US current account deficit narrows in Q4 to $125 billion

Economists forecast fall up to $118.9 billion in fourth quarter. For 2015, it totaled $484.1 billion, largest since 2008