Gross fiscal deficit has peaked to 9.18% of GDP in FY21 due to covid led lockdown. It reduced to 6.72% in FY22 due to economic recovery after the lockdown, but still remained higher than anything in the past decade. Gross Fiscal Deficit is expected to be 4.4% in FY23.
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Budget 2023: India's Gross Fiscal Deficit Challenge
It reduced to 6.72% in FY22 due to economic recovery after the lockdown, but still remained higher than anything in the past decade.
Infographics
Sensex firms cut costs as income growth slows
Income growth moderated to 6.5% in the quarter ended September 2024, while expenses rose by merely 4.8%
The 10 biggest IPOs/FPO in 2024
Companies have raised over ₹1.25 lakh crore via initial public offerings in 2024 so far
Freight Traffic Growth Hit; Is Slowdown On The Cards?
As railways mirror the pulse of industrial traction, it seems the once-steady drivers of growth are now losing steam.
Education Gets A Leg-Up
Investment in education rises in India’s journey towards a $55 trillion economy by 2047.
Infographics
Sensex firms cut costs as income growth slows
Income growth moderated to 6.5% in the quarter ended September 2024, while expenses rose by merely 4.8%
The 10 biggest IPOs/FPO in 2024
Companies have raised over ₹1.25 lakh crore via initial public offerings in 2024 so far
Freight Traffic Growth Hit; Is Slowdown On The Cards?
As railways mirror the pulse of industrial traction, it seems the once-steady drivers of growth are now losing steam.
Education Gets A Leg-Up
Investment in education rises in India’s journey towards a $55 trillion economy by 2047.