Try GOLD - Free
Fiscal deficit at 12.3% of target in April-May
Financial Express Mumbai
|July 01, 2022
THE CENTRE'S FISCAL deficit stood at 12.3% of the full-year Budget estimate (BE) in AprilMay of the current financial year compared with 8.2% in the year-ago period, due to a rise in expenditure while non-tax revenues declined substantially on year.
-
The data released by the Controller General of Accounts on Thursday put the Centre's fiscal deficit for April-May of FY23 at ₹2.04 trillion or 65.6% higher than in the first two months of last fiscal.
This story is from the July 01, 2022 edition of Financial Express Mumbai.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Financial Express Mumbai
Financial Express Mumbai
Economists expect a prolonged pause from central bank
Besides ensuring liquidity, RBI may opt for a wait-and-watch policy
1 mins
March 12, 2026
Financial Express Mumbai
AI is driving largest infra buildout in history: Nvidia CEO
The labour required to support this buildout is enormous. These are skilled, well-paid jobs, and they are in short supply
1 mins
March 12, 2026
Financial Express Mumbai
Decoding the charm of OpenClaw in China
OPENCLAW, AN OPEN-SOURCE AI agent framework, has rapidly attracted attention among developers worldwide.
1 mins
March 12, 2026
Financial Express Mumbai
Agri cargoes return to Indian ports
EXPORTERS ON WEDNESDAY said that several consignments of agricultural products destined for West Asia returned midway to Indian ports such as Mundra, Gandhidham and Mumbai's JNPT.
1 min
March 12, 2026
Financial Express Mumbai
Musk unveils joint Tesla-xAI project, eyes software disruption
Elon Musk on Wednesday unveiled a joint project between Tesla and his artificial intelligence startup xAI, which he called “Macrohard” or “Digital Optimus” and said that it was a system capable of emulating the functions of software companies.
1 min
March 12, 2026
Financial Express Mumbai
Hormuz crisis moves beyond disruption to production upheaval
It is in Asia where signs of market duress are most evident. Half of the crude oil processed in Asia in 2025 came from the Middle East Gulf region
2 mins
March 12, 2026
Financial Express Mumbai
CIL pithead stock at 121 MT
INDIA'S COAL INVENTORIES have surged to record levels with pithead stock at Coal India (CIL) mines rising from 106.78 million tonne (MT) on April 1, 2025 to 121.39 MT as of March 9, 2026, reflecting robust production and supply growth across the sector, the ministry of coal said on Wednesday.
1 min
March 12, 2026
Financial Express Mumbai
Reinventing for the new era
EY'S INDIA DELIVERY CENTRES PLAY A KEY ROLE IN ADVANCING ITS GLOBAL AI AGENDA
3 mins
March 12, 2026
Financial Express Mumbai
Restaurant closures deliver a blow to gig workers, food apps
AS THE WAR ENTERS DAY 12, BUSINESSES & CONSUMERS HAVE BEGUN TO FEEL THE HEAT, ALTHOUGH IN VARYING DEGREE
1 mins
March 12, 2026
Financial Express Mumbai
A first: SC allows passive euthanasia for man in coma for over 13 years
THE SUPREME COURT (SC) on Wednesday allowed the withdrawal of artificial life support to a 32-year-old man, in a coma for more than 13 years, saying that the govern “Secondly, it has been conclusively determined that the continued administration of the same is no longer in the ‘best interests’ of the applicant.
2 mins
March 12, 2026
Translate
Change font size