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Economists warn Rahul Gandhi's poll promises can ruin India's fiscal health

Economists warn Rahul Gandhi's poll promises can ruin India's fiscal health
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Mazars in India's latest report: India's M&A activity soars in Q1 2024 with 197 deals totalling US$9.4bn

Mazars in India's latest report: India's M&A activity soars in Q1 2024 with 197 deals totalling US$9.4bn
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Fiscal deficit for Apr-Feb hits 86.5% of FY24 target

Fiscal deficit for Apr-Feb hits 86.5% of FY24 target
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Revised-estimates

India fiscal deficit: India's April-February fiscal deficit at Rs 15.01 lk cr, hits 86.5% of FY24 target

India s fiscal deficit for April-February FY24 reached Rs 15.01 lakh crore, 86.5% of the annual target, compared to Rs 14.53 lakh crore in the same period the previous year. The government aims to narrow the deficit to 5.8% of GDP this year and 5.1% in the next. Total expenditure increased to Rs 37.47 lakh crore, while net tax revenues reached Rs 18.5 lakh crore.

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