A fiscal crisis – sometimes called a sovereign debt crisis – is a sharp economic shock or downturn caused or sparked by high ...

Union Budget 2026: As the budget approaches on Sunday, 1st February, know how the fiscal deficit shapes government spending.

Economists project India's FY27 fiscal deficit at 4.2-4.3% of GDP, influenced by higher growth and prudent spending.

“We expect the central government to target a FY27 fiscal deficit of 4.2% of GDP while adhering to the FY26 target of 4.4%. The pace of consolidation was much faster from FY23-26 with a consolidation ...