India‘s 2023-24 fiscal deficit seen slightly better than projected

[ad_1] With better-than-expected tax collection, fiscal deficit is expected to be lower than revised estimate for Fiscal Year 2023-24 (FY24), a senior government official said on Thursday. The Controller General of Accounts (CGA) will make fiscal deficit number of last...

Real GDP growth to moderate to 7% and 6.8% in FY25 and FY26, respectively: UBS

[ad_1] This is due to global (weaker growth) and local factors (softness in public capex) The growth momentum of the first three quarters of FY24 is expected to continue as cyclical recovery and structural improvements remain in play, UBS said...