"The Interim Budget has stuck to the winning formula that I think the current government has figured out - fiscal restraint with welfarism and growth...So, overall it is a 10/10 budget. It is just an interim budget, the actual budget will be presented after the election but they want to sti
As expected and in relief for the citizens, the central government neither tweaked nor put any additional tax burden on citizens, in the interim Budget for 2024-25 tabled by Union Finance Minister Nirmala Sitharaman.
"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
Presenting the Union Budget 2023, Union Finance Minister Nirmala Sitharaman on Thursday pegged the fiscal deficit target for 2024-25 at 5.1 per cent of gross domestic product (GDP).
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.
The Economic Research Department of the State Bank of India (SBI) has released a comprehensive research report forecasting the fiscal scenario for the upcoming financial years.
The brain's immune cells, known as microglia, have been shown to cause cognitive abnormalities following radiation exposure. As such, microglia may be a crucial target for mitigating these symptoms, according to research from the University of Rochester's Del Monte Institute for Neuroscience
A current account deficit is when a country's total value of imports exceeds the total value of exports. The CAD numbers are a key indicator for any economy.
Japan's Prime Minister Fumio Kishida is in the process of reshuffling his cabinet in response to the resignation of many ministers, including government spokesman and close ally Hirokazu Matsuno, due to a significant corruption scandal inside the ruling party, Al Jazeera reported.
Sharmistha Mukherjee, the daughter of former President Pranab Mukherjee, said that her father was dropped from the cabinet because former Prime Minister Rajiv Gandhi had some 'trust deficit' over him rising as a challenge to his authority.
Bernardo Silva and Jack Grealish inspired Manchester City to return to winning ways as the treble winners came back from a goal deficit to clinch a 2-1 victory over Luton Town on Sunday.