Microsoft Corporation will lay off approximately 10,000 employees by the end of the third fiscal quarter of 2023 in response to macroeconomic conditions and changing customer priorities
Kerala Chief Minister Pinarayi Vijayan lashed out at the Central Government saying they are asking the State Government to abolish welfare schemes in Kerala to reduce fiscal deficit.
Kerala Chief Minister Pinarayi Vijayan on Tuesday alleged that the Centre asked the state government to discontinue welfare schemes in order to reduce fiscal deficit.
Rajasthan Food and Civil Supply Minister Pratap Singh Khachariyawas on Monday claimed to have implemented 86 per cent of the budgetary announcements of public welfare schemes and projects in the current fiscal.
The report said that gross fiscal deficit (GFD) is budgeted to decline from 4.1 per cent of gross domestic product (GDP) in 2020-21 to 3.4 per cent in 2022-23.
New Delhi [India], January 11 (ANI/PNN): A net copper exporter since the early 2000s, India is likely to remain a net importer of the metal, now being called as "new oil", for the fifth year in row in 2022-23 fiscal as well, hinted government data. The status reversal happened coinciding wit
Pakistan's economic condition is precarious with low foreign exchange reserves and large fiscal and current account deficits, has further worsened by severe flooding.
Elevated commodity prices, rising government and private sector spending on infrastructure, as well as investments under production-linked incentive (PLI) schemes, have resulted in strong growth.
While responding to a query over the slowdown in clearing visas backlog for Indian tourists, Price admitted that there was a delay but also said, "Our embassy and consulates in India broke their all-time record for the number of student visas issued in a single fiscal year. We have issued
The collections from GST rose 15 per cent year-on-year to over Rs 1.49 lakh crore in December, indicating improved manufacturing output and consumption demand besides better compliance.
According to the economic outlook, Pakistan's overall fiscal deficit stood at 1.5 per cent of GDP during July-October 2022-23 as compared to 0.9 per cent of GDP last year. The Dawn report said the fiscal deterioration was because of higher expenditure growth on the back of higher markup paym