The setback comes at a time when chief minister Sukhvinder Singh Sukhu met Union finance minister Nirmala Sitharaman thrice ...

As Finance Minister Nirmala Sitharaman prepares to present her ninth straight Budget after calling on President Droupadi ...

Revenue deficit is a key indicator of the governments fiscal health. A high revenue deficit suggests that the government is borrowing not to invest, but to fund routine consumption.

Nine months into the fiscal year, the Centre’s finances appear well-balanced, with healthy capital expenditure and a fiscal deficit under control, although tax collections may be lower than ...

As of November 2025, the Centre had utilised 62.3% of its budgeted fiscal deficit and 68.2% of the revenue deficit, indicating it is on track to meet the FY26 target without slippage, the Economic ...

The state budget deficit widened in November amid declining revenue and a year-end spending push. During the monthly press conference on the state budget on Thursday, the Finance Ministry said state ...

A very high ratio of fiscal deficit to GDP has several negative implications. For starters, it tends to weaken the rupee and ...

The Mid Year Review of State Finances, which was presented in the legislative assembly on Wednesday, showed that weaker tax inflows and rising welfare costs, among other factors, threatened to push ...

HP CM's media adviser Naresh Chauhan slammed the discontinuation of the revenue deficit grant as 'grave injustice,' warning ...

In the Budget for 2025–26, the Centre committed to calibrating annual fiscal deficits in a manner that ensures a steady ...