Prøve GULL - Gratis
Will Stick To Fiscal Deficit Target: DEA
The Business Guardian
|August 31, 2025
Department of Economic Affairs (DEA) Secretary Anuradha Thakur on Saturday expressed confidence that India will meet its fiscal deficit target of 4.4 per cent for 2025-26, despite the first quarter showing a wider deficit than last year.
In an exclusive interview with ANI, Thakur underlined the government's commitment to fiscal discipline while stressing the strength of India's economic fundamentals.
"On the overall year number, we remain confident that we will be able to stick to the fiscal deficit target we had set, and we will be able to maintain that," she stated, responding to concerns over the April-July fiscal data.
India's fiscal deficit for April-July stood at Rs 4.68 lakh crore, or 29.9 per cent of the 2025-26 target, compared to 17.2 per cent during the same period last year.
Thakur, however, dismissed concerns that the quarterly performance would impact annual projections. "Fiscal deficit number for Q1 is not indicator for the full year. Because on monthly or quarterly basis, there could be temporal mismatches between the flow of non-debt receipts and expenditures," she explained.
Denne historien er fra August 31, 2025-utgaven av The Business Guardian.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA The Business Guardian
The Business Guardian
Why India's future depends on how its cities work
India has made its ambition clear: to become a developed nation by 2047, It is a monumental task, and the most important driver of that journey will not be capital or technology, but people.
3 mins
November 04, 2025
The Business Guardian
AMBUJA CEMENTS POSTS 364% SURGE IN PROFIT, SETS NEW Q2 REVENUE RECORD
Ambuja Cements posted a stellar Q2 FY26 performance with a 364% surge in net profit and record revenues, backed by strong volumes, GST-led demand.
2 mins
November 04, 2025
The Business Guardian
Ambuja Cements reports 364% profit jump, highest-ever Q2 revenue
Ambuja Cements, part of the diversified Adani Portfolio, on Monday reported that its consolidated Profit After Tax or net profits during the July-September 2025-26 quarter jumped 364 per cent year-on-year to Rs 2,302 crore. In the year ago quarter, it was Rs 496 crore.
2 mins
November 04, 2025
The Business Guardian
PM Modi launches Rs 1 lakh crore fund for private-sector R&D and innovation
Prime Minister Narendra Modi on Monday launched the Rs 1 lakh crore Research Development and Innovation (RDI) Scheme Fund, which was initially announced in the interim Budget of 2024-25.
1 mins
November 04, 2025
The Business Guardian
DELHI AIR QUALITY IMPROVES SLIGHTLY, AQI RECORDED AT 316
Morning readings show minor AQI drop as Delhi remains under heavy smog.
1 mins
November 04, 2025
The Business Guardian
Shifa-ur-Rehman tells SC no UAPA offence made out against him
Activist Shifa-ur-Rehman, seeking bail in a case under the Unlawful Activities (Prevention) Act (UAPA) linked to the February 2020 Delhi riots, told the Supreme Court on Monday that he was “cherry-picked” and no offence under the anti-terror law was made out against him.
1 min
November 04, 2025
The Business Guardian
The magic of mixed seeds: Tiny nutritional powerhouses
Mixed seeds, a combination of nutrient-dense seeds such as flaxseeds, pumpkin seeds, sunflower seeds, sesame seeds, chia seeds, and watermelon seeds, have become increasingly popular as a superfood addition to modern diets.
2 mins
November 04, 2025
The Business Guardian
SK’s AI Data Center set to become South Korea’s largest by 2027
Dozens of workers and five pieces of heavy equipment busily engaged in foundation work at a construction site of SK AI Data Center in Ulsan in the Ulsan Mipo Industrial Complex late last month, as per a report by Pulse, the English service of Maeil Business News Korea.
1 mins
November 04, 2025
The Business Guardian
Top officials asked to appear over “appalling” lack of sewage in industrial areas
The Delhi High Court has ordered the Chief Secretary of Delhi and other top government officials to appear before it in connection with the “extremely appalling” condition of 27 notified industrial areas that continue to function without basic infrastructure such as sewage lines and stormwater drains.
1 min
November 04, 2025
The Business Guardian
Vaishnaw, Gujarat CM review chip plants nearing production
Union Minister for Electronics and Information Technology, Ashwini Vaishnaw, on Monday held a meeting in Gandhinagar, takinga firsthand review of all four semiconductor chip plants that are under variousstages.
1 mins
November 04, 2025
Listen
Translate
Change font size