Search For "fiscal"
India's economic resilience stands out amidst uncertain global environment
Updated : 5 months, 1 week ago IST
Union Finance Minister Nirmala Sitharaman has said that India's resilience stands out amidst an uncertain global environment and several favourable factors, including a young demography and domestic demand, provide core strength to the Indian economy to withstand global spillovers and gro
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Companies likely to share the H1B visa incremental cost with clients at a
Updated : 5 months, 1 week ago IST
The US decision to impose a USD 100,000 fee on new H1-B visas for foreign workers will snip just 10-20 basis points from the operating margins of Indian information technology (IT) services companies next fiscal, with the pass-through estimated at 30-70 per cent, as per a Crisil Intelligence
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Punjab Finance Minister approves arrears release for Zilla Parishad, Panch
Updated : 5 months, 2 weeks ago IST
Punjab Finance Minister Advocate Harpal Singh Cheema on Tuesday announced a significant decision to ensure the financial security of retired employees of the state's Zilla Parishads and Panchayat Samitis. He directed that pensions for these employees will now be credited directly into their
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Britain faces £2 trillion Palestinian reparations demand after its recogni
Updated : 5 months, 1 week ago IST
Palestinian Authority President Mahmoud Abbas cites international law, seeking compensation for land and perceived injustices during British rule. The £2 trillion demand dwarfs previous UK compensation settlements, sparking concerns about fiscal stability.
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US wants oversight of Pak defence budgets, seeks more accountability
Updated : 5 months, 1 week ago IST
The US State Department's 2025 Fiscal Transparency Report urged Pakistan to place defence and intelligence budgets under parliamentary or civilian oversight, Dawn reported. It also called for timely budget publication and fuller debt disclosure, while noting progress in audit independence
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Index Inclusion Impact: How Foreign Funds Are Reshaping India's ₹226 Trill
Updated : 5 months, 2 weeks ago IST
New Delhi [India], September 18: India's bond market stands at an unprecedented inflection point in 2025, having reached a staggering size of ₹238 trillion (approximately $2.69 trillion) by March 2025, representing a remarkable 10.2% growth from the previous fiscal year. This monumental achi
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Bandhan Life Reports 99.73% Claim Settlement Ratio, Setting Industry Bench
Updated : 5 months, 2 weeks ago IST
Kolkata (West Bengal) [India], September 18: Bandhan Life Insurance, the life insurance arm of Bandhan Group, reported a claim settlement ratio of 99.73% for the fiscal year 2024-2025, positioning itself as one of the most dependable insurers in the country. This figure represents the propor
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Delhi HC upholds property tax on star hotels, dismisses pleas on arbitrari
Updated : 5 months, 2 weeks ago IST
The petitioners, including several hotel associations, had challenged the levy of a uniform Use Factor (UF-10) and the maximum 20 per cent tax rate, arguing that the classification of hotels on the basis of voluntary star ratings lacked statutory backing and unfairly burdened establishments
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Failure to publish the IMF report exposes Pakistan's governance gaps
Updated : 5 months, 2 weeks ago IST
Pakistan missed the IMF deadline to release its Governance and Corruption Diagnostic Report, delaying key judicial and governance reforms. While most fiscal targets were met, issues with SOEs, tax collection, and provincial cash surpluses remain. Despite shortcomings, the IMF programme is se
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Despite tariff, geo-political challenges, India's CAD to remain under 1%
Updated : 5 months, 2 weeks ago IST
India's current account deficit (CAD) is expected to remain under control at 1 per cent of gross domestic product (GDP) in the current financial year, even as the economy faces challenges from higher tariffs and global geopolitical headwinds, according to a report by Crisil.
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"Revenue Deficit Grant should be kept at minimum level of Rs 10,000 crore
Updated : 5 months, 2 weeks ago IST
Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu met Chairman of the 16th Finance Commission Arvind Panagariya at New Delhi on Thursday and discussed various issues related to the state's fiscal health.
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Himachal CM Sukhu calls the Chairman of 16th Finance Commission, urges for
Updated : 5 months, 2 weeks ago IST
Himachal Pradesh Chief Minister Thakur Sukhvinder Singh Sukhu met Chairman of the 16th Finance Commission Arvind Panagariya at New Delhi on Thursday and discussed the various issues related to the state's fiscal health.
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