Moreover, revised estimates now show a small job gain in January and a smaller job loss in February than previously reported.

WHITEHOUSE: The White House

The hikes have been higher than the revised estimates for 2012-13, which were anyway lower than what was projected by the previous finance minister, Pranab Mukherjee.

BBC: India's budget: A deft balancing act

"Our revised estimates show that 2008 and 2009 saw the largest drops in giving in more than 40 years as a result of the Great Recession, exceeding previous recessions' impact on giving, " Edith Falk, chair of Giving USA Foundation, said in a statement.

CNN: Black Friday, Cyber Monday and now #GivingTuesday