Amid the staggering economic crisis, Pakistan's biggest challenge now is fiscal consolidation and reforms amid a weak coalition government and political instability stemming from accusations of electoral fraud, the Washington-based Institute of International Finance (IIF) has said, Dawn repo
The two top diplomats discussed the friendship relations between the two countries and the potential for developing cooperation in consolidation of their strategic partnership in several fields, including the economic, commercial, investment, developmental, and energy sectors.
The Supreme Court on Tuesday disposed of the Idgah Committee plea challenging the Allahabad High Court decision to consolidate 15 suits concerning the Krishna Janmabhoomi-Shahi Idgah Masjid dispute.
New Delhi [India], March 14: As the world anticipates the celebration of World Sleep Day on March 15th, the spotlight intensifies on a pivotal theme - 'Sleep Equity for Global Health.' Beyond a routine annual event, this day holds profound significance, casting a crucial light on the often-o
Fitch Ratings highlights that these targets align closely with their assumptions when affirming India's rating at 'BBB-' with a Stable Outlook in January.
Studies conducted by scientists at the University of Queensland revealed the critical function of saturated fatty acids in the brain's memory consolidation process.
India's interim Budget presented last week pointed to a slightly faster pace of consolidation in the next two fiscal years than was previously expected, and it reinforced its commitments to raise capital investment, said Fitch Ratings.
Indian stock indices kicked off a fresh week on a muted note. On Friday, it rose over 500 points after the central government as part of its Budget showed intent that it was aiming for fiscal consolidation even as the General elections are around the corner.
New Delhi [India], February 3: Union Finance Minister Nirmala Sitharaman presented her sixth Budget on February 1. This was an interim budget ahead of the general elections later this year. The Interim Budget 2024 focused on youth and women empowerment, while maintaining fiscal consolidation
Indian stock indices kicked off Friday's session sharply higher, a day after the central government showed its intent that it was aiming for fiscal consolidation even as the General elections are around the corner.
"The immediate reaction would be the consolidation of the fiscal deficit. Our recommendation initially was a 5.4% fiscal deficit, but it's now 5.1%, which is a very significant step forward, but at the same time, does not sacrifice the focus on growth. So the capex spend has increased by
According to Bank of Baroda economist Sonal Badhan, the fiscal deficit target for FY24 is expected to be achieved at 5.9 per cent, with potential risks from lower-than-anticipated nominal GDP growth and higher expenditure.