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Searched Tag: fy25
Govt’s fiscal deficit at 52.5 pc of FY25 target in 8 months

Govt’s fiscal deficit at 52.5 pc of FY25 target in 8 months

January 1, 2025, 02:31 PM - 2 min read

In the Union Budget, the government projected to bring down the fiscal deficit to 4.9 per cent of gross domestic product (GDP) in the current 2024-25 financial year. The deficit was 5.6 per cent of the GDP in 2023-24.

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India May Overshoot Capex Target for FY25, Inflation Is No Challenge.

India set to overshoot capex target of ₹11.1 Tn for FY25

November 21, 2024, 05:49 PM - 3 min read

India's economy has been facing various challenges in recent months, but the government remains optimistic about its growth prospects for the fiscal year 2024-25.

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Indian Exports Remain Resilient in Q1 FY25, Core Goods Show Positive Growth.

Indian exports show strength in Q1 FY25

July 17, 2024, 08:51 PM - 2 min read

In the first quarter of the fiscal year 2025, Indian exports demonstrated resilience, according to a recent report. Key sectors such as pharmaceuticals, engineering goods, organic and inorganic chemicals, and readymade garments showed positive growth. This trend highlights the strength of core export goods despite challenges in other areas.

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India Could Raise FY25 Capex By 10 Percent From Rs 11.11 Lakh Crore.

India plans 8 to 10 pc increase in FY25 capex

July 16, 2024, 05:17 PM - 2 min read

India is considering an 8-10 per cent increase in its FY25 capital expenditure from the previously allocated Rs 11.11 lakh crore. This potential rise is attributed to higher-than-expected tax revenue and a record surplus transfer by the Reserve Bank of India (RBI), according to a recent report by the Pantomath Group, a homegrown financial conglomerate.

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