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
Infographic: Services trade surplus in past 5 yrs
Services trade surplus climbed to $84.4 billion in H1 FY25, from a small $51.4 billion in H1 FY22, buoyed by healthy services exports. The trade has grown by a CAGR of 13.91%.
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.
Infographics
Infographic: Services trade surplus in past 5 yrs
Services trade surplus climbed to $84.4 billion in H1 FY25, from a small $51.4 billion in H1 FY22, buoyed by healthy services exports. The trade has grown by a CAGR of 13.91%.
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.