Search For "fiscal"
Activist criticize PoJK budget amid financial strain, development concerns
Updated : 1 year, 8 months ago IST
Amjad Ayub Mirza, an activist from Pakistan-occupied Jammu and Kashmir (PoJK), expressed serious concerns regarding the budget for the fiscal year 2024-25 presented by the PoJK government.
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Pakistan passes tax-heavy budget; experts condemn reforms amid crisis
Updated : 1 year, 8 months ago IST
Pakistan's parliament on Friday passed a tax-heavy finance bill for the upcoming fiscal year amid ongoing negotiations for a new International Monetary Fund (IMF) bailout.
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India's current account turns surplus in Q4 2024, from deficit in Q3 2024:
Updated : 1 year, 8 months ago IST
This is a significant shift from the USD 8.7 billion deficit (1.0 per cent of GDP) reported in the third quarter, and a notable improvement compared to the USD 1.3 billion deficit (0.2 per cent of GDP) in the fourth quarter of the previous fiscal year.
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Pak government's borrowings exceed two previous fiscal years combined
Updated : 1 year, 8 months ago IST
This hefty borrowing, amounting to PKR 7.39 trillion from July 2023 to June 7, 2024, surpasses the government's collective borrowings of PKR 7.16 trillion in the previous two fiscal years (FY23 and FY22).
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Pakistan Tehreek-e-Insaf, JUI-F show strong dissent to federal budget 2024
Updated : 1 year, 8 months ago IST
Pakistan Tehreek-e-Insaf Asad Qaiser and Jamiat Ulema-e-Islam (F) chief, Maulana Fazl-ur-Rehman on Sunday showed strong opposition to the federal budget for the fiscal year 2024-25, reported ARY News.
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India's downstream oil and gas profits to fall; upstream to remain strong:
Updated : 1 year, 8 months ago IST
Fitch projects a 3 per cent-4 per cent increase in India's petroleum product demand for the fiscal year ending in March 2025 (FY25), buoyed by rising consumer, industrial, and infrastructure needs.
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Domestic demand for steel soars in India, country turns net importer in fi
Updated : 1 year, 9 months ago IST
India's imports of finished steel reached 8.3 MT in fiscal 2024, marking a substantial 38 per cent increase year-on-year. The primary contributors to this surge in imports were China, South Korea, Japan, and Vietnam. Chinese steel imports alone accounted for 2.7 MT, while South Korea and Jap
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Pakistan: Bilawal Bhutto to meet PM Shehbaz today to convey concerns about
Updated : 1 year, 9 months ago IST
Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto Zardari will meet Pakistan Prime Minister Shehbaz Sharif on Thursday, to lay his party's reservations on the proposed budget for the fiscal year 2025, Geo News reported.
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Economists suggest continuing capital expenditure, controlling fiscal defi
Updated : 1 year, 8 months ago IST
Finance Minister Nirmala Sitharaman chaired the first pre-budget meeting with leading economists in Delhi on Wednesday as part of pre-budget consultations for the General Budget 2024-25.
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With moderation in inflation India will see higher consumer spending: Fitc
Updated : 1 year, 9 months ago IST
The rating agency has elevated India's growth forecast by 20 basis point to 7.2 per cent for fiscal year 2024-25. Earlier in March Fitch has forecasted India's growth at 7 per cent.
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CRISIL forecasts India's GDP growth at 6.8 pc in fiscal 2025
Updated : 1 year, 9 months ago IST
While retaining its position as the fastest-growing large economy, India's real gross domestic product (GDP) growth will moderate to 6.8 per cent in fiscal 2025 from 8.2 per cent in fiscal 2024, CRISIL observed in its recent report, citing high interest rates and lower fiscal impulse.
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Pakistan: Sindh government to table its budget 2024-25 today
Updated : 1 year, 9 months ago IST
The Sindh government is set to announce its budget for the fiscal year 2024-25 on Friday, which is expected to be (PKR) 33 trillion, according to ARY News.
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