A fiscal deficit occurs when a government's spending exceeds its income within a specific period, typically a fiscal year. This means the government is spending more money than it is earning.

A trade deficit occurs when a country buys more goods from other nations than it sells to them. Thus the total value of imports is greater than that of exports. A trade deficit can be assessed through ...

Ahead of the Union Budget 2026, NDTV Profit brings you a series of explainers on all the terms you need to catch up with, to stay abreast with all developments. Fiscal deficit refers to the gap ...

For markets and investors tracking the Union Budget, fiscal discipline matters as much as growth push. Beyond headline announcements and tax changes, the Union Budget offers a deeper look into the ...