Search For "public finances"
India's macro fundamentals strong, show notable improvement in recent year
Updated : 2 weeks, 3 days ago IST
Most of India's key macroeconomic indicators have remained in a healthy range over the last four decades with notable improvement in recent years, said Poonam Gupta, Deputy Governor, Reserve Bank of India.
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Largesse hampering economic growth: SC censures freebie schemes on Tamil N
Updated : 3 weeks, 1 day ago IST
The Court, on Wednesday, said that instead of distributing resources through freebie schemes, political parties should frame planned and structured policies aimed at long-term welfare, such as unemployment schemes and other development-oriented measures.
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Supreme Court slams freebies by political parties, urges planned schemes f
Updated : 3 weeks, 1 day ago IST
The Supreme Court on Thursday strongly criticised the distribution of "freebies" by political parties of all states and expressed concern over its impact on public finances.
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Japan Cabinet approves record JPY 122.31 trillion budget for FY2026
Updated : 2 months, 2 weeks ago IST
Japan's Cabinet on Friday approved a record initial budget of JPY 122.31 trillion (approximately USD 783 billion) for fiscal 2026, underscoring the newly appointed Prime Minister Sanae Takaichi's expansionary fiscal approach aimed at stimulating economic growth and strengthening defence capa
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Growth rate of Russian economy should outpace dynamics of global economy:
Updated : 5 months, 1 week ago IST
During the meeting, Putin stated that stability of public finances, the implementation of planned projects and programs directly depend on the state of affairs in the Russian economy.
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"Sovereign rating upgrade was much required," says PM EAC member Sanjeev S
Updated : 7 months ago IST
In a major move, ratings agency S&P Global on Thursday raised its sovereign credit ratings on India to 'BBB' from 'BBB-'. According to the ratings agency, India is prioritising fiscal consolidation, demonstrating the government's political commitment to deliver sustainable public fina
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IMF to provide USD 1.2 billion in funding to strengthen public finances in
Updated : 1 year, 2 months ago IST
The International Monetary Fund (IMF) has announced an agreement with Egypt to unlock approximately USD 1.2 billion in funding to support the country's struggling finances, Al Jazeera reported on Wednesday.
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World Bank expects UAE's non-oil economy to grow by 4.8 pc in 2023
Updated : 2 years, 10 months ago IST
In a press conference held today in Dubai to announce the new World Bank Gulf Economic Update (GEU) titled, "The Health and Economic Burden of Non-Communicable Diseases in the GCC", the bank officials said that the current account balance in the UAE is expected to rise to 11.7 per cent in 20
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Recent vaccination rise may ease pandemic risks in Asia: Fitch
Updated : 4 years, 9 months ago IST
Hong Kong, June 9 (ANI): The recent acceleration of vaccinations in parts of Asia can reduce risk of setbacks to economic recoveries and public finances associated with further waves of Covid-19 pandemic provided that it is sustained, Fitch Ratings said on Wednesday.
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Rise in sovereign debt to end in 2023: S&P
Updated : 5 years, 1 month ago IST
Singapore, February 5 (ANI): Reflecting increased public spending to deal with the Covid-19 crisis, S&P Global Ratings has projected that median general government debt for all rated 135 sovereigns will rise by end-2021 to a record 62.6 per cent of GDP.
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India's stimulus 3.0 supportive for growth, fiscal impact unclear: Fitch S
Updated : 5 years, 3 months ago IST
New Delhi [India], November 16 (ANI): Fitch Solutions on Monday said the schemes recently announced by the Centre to boost the employment, credit and manufacturing sectors would be supportive to India's economic rebound over the coming quarters, however, the actual impact on public finances
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Fiscal space limited for many sovereigns, including India: Fitch Ratings
Updated : 6 years ago IST
London [UK], Mar 13 (ANI): All the G7 plus India are among the three weakest sovereigns in terms of public finances in their rating categories, according to Fitch Ratings.
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