استمتع بـUnlimited مع Magzter GOLD
احصل على وصول غير محدود إلى أكثر من 9000 مجلة وصحيفة وقصة مميزة مقابل
يحاول ذهب - حر
Govt sets 4.9% deficit target on fiscal correction path
July 24, 2024
|The New Indian Express
EVEN though political imperatives vastly dominated the first Budget of the PM Modi-led NDA government's third term, Finance Minister Nirmala Sitharaman has walked the talk on her commitment to fiscal prudencemostly due to the whopping 2.11 trillion (2.11 lakh cr) windfall received from the Reserve Bankand has lowered the fiscal deficit target more than anticipated to 4.9% for this year and to 4.5% for the next.
She has walked the fiscal correction path despite expanding the Budget size by a full 1.2 percentage points over the interim budget and 7 percentage points from FY24.
Many expect the fiscal consolidation this year and the next will lead to a sovereign rating upgrade next fiscal-from BBB- with stable outlook to a BBB.
The interim Budget had set a fiscal deficit target of 5.1% but at that time the North Bloc had no hint that the RBI would be surprising everyone with a massive surplus of 2.11 trillion for fiscal 2024. Two other enablers are the spike in tax revenue and higher dividend payouts providing more fiscal space.
هذه القصة من طبعة July 24, 2024 من The New Indian Express.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من The New Indian Express
The New Indian Express
Looking to be positive: TN white-ball coach
WITH Tamil Nadu’s hopes of making the Ranji knockouts coming to an end on Wednesday, the focus will now shift to the white-ball setup where former India off-spinner M Venkataramana will take charge as the head coach. Having already coached the team in the past, he was handed the job on Tuesday.
1 mins
November 20, 2025
The New Indian Express
A Siva temple on the banks of the Thiruvallur temple-tank
HIRUVALLUR is well known as being home to the famous Veeraraghava Perumal temple, which his one of the 108 Divya Desams (places sacred to God Vishnu, praised by the Azhvars or important Vaishnava devotees).
2 mins
November 20, 2025
The New Indian Express
Stalker stabs Class 12 student to death with knife in Rameswaram
A Class 12 student on her way to school was stabbed to death in broad daylight by a 21-year-old stalker on a public road in Rameswaram on Wednesday. Police identified the victim as M Shalini (17) of Cherakot-tai, a student of Rameswaram Government Girls Higher Secondary School.
2 mins
November 20, 2025
The New Indian Express
Don't buy bonds via unregulated platforms: Sebi
A week after warning the public against buying gold through unregulated platforms or digital gold being offered by jewellery player Titan and public sector metals miner and trader MMTC, and over a dozen such platforms, the Sebi has cautioned the public against dealing with bonds through the unregulated online platforms which sell unlisted debt securities.
1 min
November 20, 2025
The New Indian Express
ED gets 13-day custody of Al Falah group chairman
THE Enforcement Directorate (ED), which is investigating the Al Falah group at the centre of the Delhi blast case for alleged money laundering, has uncovered tainted funds amounting to %415 crore, sources said on
1 min
November 20, 2025
The New Indian Express
Doctor held after probe confirms dowry torture caused spouse's suicide
THE Ambattur Estate police on Tuesday arrested a 31-year-old doctor, K Hassarudin, after an inquiry by the revenue divisional officer of Thirumangalam revealed that dowry harassment was the reason behind the death by suicide of his wife M Irul Sameera (29), also a doctor, in August.
1 min
November 20, 2025
The New Indian Express
TN, Rlys plan to turn Tambaram into metro, local & long-distance train hub
SOUTHERN Railway and Chennai Metro Rail Limited (CMRL) along with the Chennai Unified Metropolitan Transport Authority (CUMTA) are preparing for high-level discussions on an ambitious plan to convert Tambaram into a fully-integrated mobility hub, as multiple rapid-transit corridors — including the proposed Regional Rapid Transit System (RRTS) — converge on one of the state’s busiest suburban nodes.
1 mins
November 20, 2025
The New Indian Express
US deports 200 Indians, including Anmol Bishnoi
A special US deportation flight carrying 200 Indians, including Anmo!l Bishnoi, the younger brother and close aide of gangster Lawrence Bishnoi, two other fugitives wanted in Punjab, and 197 undocumented migrants landed in New Delhi on Wednesday.
1 min
November 20, 2025
The New Indian Express
India's chess World Cup campaign over
GRANDMASTER Arjun Erigaisi was knocked out of the FIDE World Cup, losing to Wei Yi of China 1.5-2.5 in the first set of tiebreak games here on Wednesday. It was a shocker for Arjun who ran out of luck in the rapid tiebreak games wherein the Chinese put pressure in the first game before eventually drawing while in the second Arjun just lost control and will have to go back home.
1 mins
November 20, 2025
The New Indian Express
Modi sees 'Bihar winds' at TN meeting
PRIME MINISTER Narendra Modi on Wednesday said that the country is on the path to becoming a global hub for natural farming. Addressing a meeting after inaugurating the three-day South India Natural Farming Summit 2025 at Codissia Hall in Coimbatore, the PM said, “The country’s biodiversity is evolving, and the youth are now viewing agriculture as a modern, scalable opportunity. This major shift will greatly strengthen the rural economy.”
2 mins
November 20, 2025
Listen
Translate
Change font size