Last Updated: Saturday, September 12, 2015, 10:17
The budget deficit stood at $64.4 billion in August, 50 percent less than the amount recorded a year ago Xinhua quoted the US Treasury Department as saying on Friday.
Last Updated: Friday, September 11, 2015, 20:03
The June quarter CAD figure is lower than USD 7.8 billion, or 1.6 percent of GDP, in the year-ago period, but higher than 0.2 percent for the March quarter.
Last Updated: Thursday, September 10, 2015, 18:43
Hit by global slowdown, India's exports contracted for the eighth straight month by 10.3 percent in July to USD 23.13 billion, pushing the trade deficit to USD 12.81 billion.
Last Updated: Tuesday, September 8, 2015, 13:51
Sluggish direct tax collection, likely shortfall in disinvestment proceeds and OROP scheme pay out will add to the government's fiscal burden but it will "adhere to" fiscal deficit target by reducing expenditure, says a Standard Chartered report.
Last Updated: Monday, September 7, 2015, 18:51
Financial services major Nomura Monday said though the implementation of 'One Rank, One Pension (OROP)' is going to put fiscal burden to the tune of around Rs 10,000 crore, the government is unlikely to miss the fiscal deficit target this year.
Last Updated: Monday, September 7, 2015, 18:06
Government Monday ruled out the possibility of additional financial burden of Rs 8,000-10,000 crore on account of OROP scheme hurting the fiscal consolidation programme, saying there was "space" to absorb it.
Last Updated: Monday, September 7, 2015, 17:11
One Rank One Pension (OROP) will have a significant impact on the country's fiscal bill and the overall cost will be around Rs 16,000 crore in the current financial year, says an HSBC report.
Last Updated: Thursday, September 3, 2015, 21:33
The US trade deficit fell in July to the lowest level in five months as exports posted a small gain while imports declined, reflecting a big drop in shipments of consumer goods such as cell phones.
Last Updated: Thursday, September 3, 2015, 19:02
The US trade deficit narrowed in July as exports increased and imports fell sharply, led by a decline in consumer goods, the Commerce Department reported Thursday.
Last Updated: Monday, August 31, 2015, 19:26
The fiscal deficit in the first four months of current financial year stood at Rs 3.85 lakh crore, or 69.3 of Budget estimates for 2015-16, as government stepped up its plan expenditure.
Last Updated: Wednesday, August 26, 2015, 22:49
The government can spend an additional Rs 37,200 crore more this fiscal year in infra investments or bank recapitalisation and still not miss the 3.9 percent fiscal deficit target, the domestic ratings agency India Ratings said in a report Wednesday.
Last Updated: Monday, August 24, 2015, 16:48
Enthused by increase in indirect tax collections, Finance Minster Arun Jaitley Monday said that the economy is in a revival phase and expected that it will clock a growth rate in excess of 8 percent in 2015-16.
more videos >>
