Search For "public spending"
Focus on long-term growth: Industry hails capex push and fiscal discipline
Updated : 1 month, 1 week ago IST
The industry has reacted with notable optimism, particularly regarding the scale of public spending. Amisha Vora, Chairperson & Managing Director of PL Capital - Prabhudas Lilladher, highlighted that the 24 Per cent rise in government capex is "huge" and noted the strategic importance
Read More
Capex stays king as Budget FY27 balances growth with deficit control: EY R
Updated : 2 months, 3 weeks ago IST
Real GDP grew 8.2% in Q2 FY26, driven by balanced expansion in manufacturing and services, while inflation has fallen to a near-record low of 0.7%, giving policymakers room to prioritise growth without stoking price pressures.
Read More
CII lays out investment roadmap for Budget 2026-27
Updated : 3 months ago IST
India's next phase of economic growth will depend on steady and strong investment across public, private, and foreign channels, according to the Confederation of Indian Industry (CII). CII, in a release, laid out a detailed plan for the Union Budget 2026-27, saying that the Budget needs to a
Read More
IMF flags deep corruption risks, urges urgent reforms to lift Pakistan's e
Updated : 3 months, 3 weeks ago IST
The IMF's new assessment warns that Pakistan faces deep corruption and governance weaknesses and must enact urgent reforms. It says improving transparency, oversight and tax systems could raise GDP by up to 6.5 per cent, while political influence and weak institutions continue to undermine p
Read More
3 dead in Morocco as protests intensify
Updated : 5 months, 1 week ago IST
As per Al Jazeera, the Moroccan Interior Ministry said that the three people were killed during an attempt to seize weapons from them; however, no witness confirmed the development.
Read More
IMF urges Pakistan to improve budget transparency, oversight of lawmakers'
Updated : 6 months, 3 weeks ago IST
The International Monetary Fund (IMF) has called on Pakistan to bring greater transparency and discipline to its public spending, urging the government to route parliamentarians' development schemes through formal approval mechanisms and limit mid-year budget changes without parliamentary ov
Read More
Efficiency, transparency and financial discipline should be the mantra in
Updated : 8 months, 3 weeks ago IST
Underscoring the importance of financial discipline in ensuring greater transparency, accountability and efficiency in public spending, Birla said that governance must remain focused on the needs of the people, ensuring that financial oversight mechanisms are not only effective but also i
Read More
Despite global turbulence Increased public spending is likely to drive eco
Updated : 12 months ago IST
However, external risks will require close monitoring, the global economy is facing significant turbulence due to an ongoing tariff war, causing fluctuations in growth, inflation, and financial markets, however, despite these challenges, Indian firms have shown improvement in sales and profi
Read More
Public finance of GCC countries witnessed significant financial surplus in
Updated : 1 year, 2 months ago IST
The GCC countries reported significant financial surpluses in 2022 and 2023, totaling USD 134 billion and USD 2 billion, respectively, according to GCC-Stat. Public debt stabilised at 28 per cent of GDP and is projected to remain steady through 2025. Credit rating agencies highlighted improv
Read More
European Commission warns Belgium about rising public spending
Updated : 1 year, 3 months ago IST
Without changed policies, Belgium risks its budget deficit rising to 4.9 per cent of GDP in 2025, the European Commission has warned in its new economic growth forecast.
Read More
Trump 2.0 may see increased bond yields and volatile equity and bond marke
Updated : 1 year, 4 months ago IST
The second term of Donald Trump, often referred to as "Trump 2.0," could bring heightened volatility to global stock and bond markets, highlighted a report by LLama Research.
Read More
Ministry of Defence achieves milestone with Rs 1 lakh crore orders on Gove
Updated : 2 years ago IST
According to a press release by the Ministry of Commerce and Industry, this milestone, also known as Gross Merchandise Value (GMV), underscores MoD's commitment to streamlining public spending in the Defence sector, setting a precedent as the first central government entity to achieve this f
Read More