Search For "deficits"
16th Finance Commission proposals long-term positive for states: CRISIL Ra
Updated : 2 months, 1 week ago IST
The recommendations of the 16th Finance Commission (FC), which emphasise reducing revenue deficits and boosting growth-oriented capital spending, are expected to support the fiscal health of states in the long term, according to a report by CRISIL Ratings. However, the rating agency noted th
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India's macroeconomic outlook resilient despite West Asia conflict: Report
Updated : 2 months, 1 week ago IST
India's macroeconomic outlook remains resilient despite heightened global risk conditions and escalating military tensions in West Asia. According to a report by Shriram Wealth, while immediate market volatility persists, India's strong foreign exchange reserves of over USD 700 billion and m
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Gujarat, Odisha fare well on fiscal front; Punjab under pressure amid high
Updated : 2 months, 1 week ago IST
Gujarat and Odisha have emerged relatively better placed in terms of fiscal performance, with manageable levels of debt and deficits, while Punjab continues to face pressure due to elevated debt and interest burden, according to a report by CareEdge Ratings.
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''If he wants sweeping tariffs, he should go to Congress'': Indian-America
Updated : 2 months, 1 week ago IST
Neal Katyal, a prominent Indian-American lawyer and former Acting Solicitor General of the United States, questions Trump's 15% global tariff under Section 122, citing DOJ's past stance that trade deficits differ from balance-of-payments issues. After Supreme Court struck down earlier tar
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"AI a huge multiplier" for talent deficits but "jobs will get redefined" t
Updated : 2 months, 1 week ago IST
AI is a critical tool for solving India's talent shortages in essential public sectors rather than a threat to the overall labour market, argues Neeraj Aggarwal, Managing Director and Senior Partner at BCG. He believes that for a country facing a lack of professionals in key areas, the te
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Pakistan's road lifeline sinks deeper into debt despite higher tolls
Updated : 2 months, 1 week ago IST
Pakistan's highway authority has become the federal government's largest financial burden, with losses exceeding PKR 2 trillion and liabilities nearing PKR 3.1 trillion, Dawn reported. Despite higher toll revenues and fresh government loans, deficits persist as rising interest costs, expense
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India progressed on fiscal consolidation, however concerns remain at certa
Updated : 3 months, 3 weeks ago IST
"Our deficit has only fallen with time, so there is consolidation. However, there is some degree of concern when it comes to the state deficits. There is a need to look at why some states are moving away from the Fiscal Responsibility and Budget Management (FRBM) or the kind of gains they ha
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Experts back simultaneous polls, say ONOE could bring in "significant macr
Updated : 5 months, 1 week ago IST
Gita Gopinath highlighted that election years see delayed private investment (approximately 5% decline), higher primary deficits, and reduced capital expenditure. Sources said that Gopinath estimated that the election reform could lead to a 1.5% GDP increase (₹4.5 lakh crore additional GD
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Pakistan's misguided policies push fragile economy back into deficit: LSE
Updated : 5 months, 3 weeks ago IST
Pakistan's economy faces renewed strain as its current account deficit widens, with GDP growth expected to stagnate at 2.4%, The Express Tribune reported. An LSE study warns that without structural reforms, rising deficits, inflation, and weak external stability will continue to hinder econo
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RBI announces results of government securities auction; Rs 30,000 crore ac
Updated : 7 months, 1 week ago IST
The Reserve Bank of India (RBI) on Friday announced the results of the auction of two Government of India securities (G-Secs), the 6.01 per cent GS 2030 and the 7.09 per cent GS 2074.
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Decades of fiscal mismanagement push Pakistan toward economic collapse
Updated : 7 months, 1 week ago IST
Pakistan's fragile economy faces deep-rooted structural challenges that threaten long-term stability, warned the State Bank of Pakistan (SBP) in its Annual Report on the State of the Economy 2024-25. The report highlights how persistent fiscal deficits, dwindling domestic savings, weak produ
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IMF Chief calls for private sector reforms, fiscal discipline, and global
Updated : 7 months, 1 week ago IST
The International Monetary Fund (IMF) has urged governments across the world to intensify efforts to strengthen private-sector growth, restore fiscal and monetary resilience, and address widening global imbalances amid an era of high economic uncertainty.
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