Randeep Surjewala slams Centre over rising govt debt

Congress MP Randeep Singh Surjewala on Wednesday flagged the rise in the Union Government's debt as compared to...

India's tax-to-GDP ratio mirrors major economies: Report

A report from Bank of Baroda highlights that this gap represents a significant policy opportunity, as India...

Banks, NBFCs to remain key growth drivers

However, despite the steady growth, India's retail credit penetration remains far below global standards, the report...

Cash transfer schemes should be stopped in states with high debt

Congress MP Manish Tewari raised concerns in the Lok Sabha over the growing trend of cash transfer schemes being...

Pakistan’s “fake tax boom” exposes broken system

Despite higher tax filings and a 15.7% tax-to-GDP ratio, Pakistan's taxation system remains weak. Many returns...

General govt capex-to-GDP likely to stay around 5% in FY26

The general government capital expenditure (capex) as a share of GDP in FY26 is likely to remain around 5 per cent,...

India’s external debt rises to USD 747.2 billion at end-June 2025

India's external debt stood at USD 747.2 billion at the end of June 2025, marking an increase of USD 11.2 billion...

India may emerge as second-largest economy by 2038 in PPP terms

Among the largest economies, India stands out with a median age of 28.8 years in 2025, the second-highest savings...

India set to become world’s most sought-after consumer market

India is set to become the world's most sought-after consumer market, undergo a major energy transition, witness a...

India Inc’s corporate profits reach 17-year high in FY25: Motilal

Corporate profits in India reached a significant milestone in FY25, with the profit-to-GDP ratio for the Nifty-500...

'Fiscal pressure on states to increase because of freebies'

The report says that the states are likely to spend less in the Financial Year (FY) 2025, to check the fiscal...

Centre likely to stay committed to fiscal consolidation

Sachin Gupta, Chief Rating Officer, CareEdge Ratings, stated, "The budget is likely to focus on supporting...