With the Union Budget for FY26 scheduled to be presented on February 1, 2025, a report by Goldman Sachs underlined two key concerns for policymakers, the pace of fiscal consolidation and the government's spending priorities.
"This quarter will be impacted by furloughs; its impact will be similar to that last year. This is not encouraging given furloughs were deeper and longer last time around. Discretionary spend environment continues to be muted. It is restricted to a few pockets still. 3Q performance is, howev
US President-elect Donald Trump has faced severe backlash from several German politicians over his recent suggestion that NATO's European members increase their defence spending to 5 per cent of GDP, more than double the current target, Euronews reported.
Earlier today, Delhi Chief Minister and AAP leader Atishi targeted the BJP, alleging that it doesn't have any agenda other than hurl abuses at AAP Chief Arvind Kejriwal.
Keeping pace with the budgetary allocation, Indian Railways has spent 76 per cent of its budgetary outlay within the first nine months of the current fiscal year 2024-25.
He said that as per his calculations, AAP is likely to spend nearly five crores in cash in the New Delhi assembly constituency alone on paid employees while the expenditure will reach Rs 300 crore for the entire Delhi.
"The CM'S residence is temporary and to what extent is it fair to spend Rs 33 crore of the taxpayers money on it, as reflected by the CAG report. The money that had to be spent on treating the air pollution, water supplies and inflation were spent somewhere else..." she further added.
Indian households have significantly altered their spending patterns over the past 12 years, shifting focus from food to non-food items, according to an analysis by the State Bank of India (SBI).
Addressing a public meeting in Ashok Vihar's Ramlila Ground, PM Narendra Modi said, "A new college in the name of Veer Savarkar is going to be built in Najafgarh... Those who have been in power in Delhi for the last 10 years - have damaged school education. The money that the central govt
Uyghur-American activists have hailed the inclusion of critical measures in the 2025 US defence spending bill, which aims to address the ongoing repression of Uyghurs in China's Xinjiang region, according to a report by Radio Free Asia.
Manchester United head coach Ruben Amorim admitted that the club won't spend in the upcoming January transfer window after their 2-0 defeat against Newcastle United.