A revenue deficit occurs when a government's total income is not enough to cover its total spending, not counting any loans or debt repayments.

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 ...

From infrastructure spending to interest rates, fiscal deficit influences some of the biggest economic outcomes of the Union Budget. Heres a simple five-question guide to understanding why it matters.