Search For "spending"
EU leaders commit to increased defence spending
Updated : 1 year, 1 month ago IST
European Council President Antonio Costa said that strengthening the European security requires a strong and competitive European defence industry.
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White House Press Secretary Karoline Levitt slams USAID for "wasteful spen
Updated : 1 year, 1 month ago IST
White House Press Secretary Karoline Levitt on Monday criticised the US Agency for International Development (USAID) and pointed out projects like USD 1.5 million for Diversity, equity and inclusion programmes (DEI) in Serbia, a transgender opera in Colombia, and a DEI musical in Ireland
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India's Fiscal and Monetary Policies shift towards supporting economic gro
Updated : 1 year, 1 month ago IST
India's fiscal and monetary policies are now focusing more on supporting economic growth, aligning with expectations of a cyclical recovery, according to a report by Morgan Stanley.
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Govt plans to use borrowings for capex, it is non-inflationary, says Finan
Updated : 1 year, 1 month ago IST
As announced in union budget on February 1, the Indian government plans to borrow Rs 15.4 lakh crore from the market
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Govt earns most from borrowings, spends major share of Budget on interest
Updated : 1 year, 1 month ago IST
India's Union Budget 2025-26 revealed a significant reliance on borrowings, accounting for 24 per cent of the government's income, followed closely by income tax, which contributes 22 per cent to the revenue.
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Transformative reforms will strengthen India's journey towards Viksit Bhar
Updated : 1 year, 1 month ago IST
Hemant Jain, President, PHDCCI, said, "The focus on Middle class and MSMEs will enhance consumption and production segments, boost private investments and create employment opportunities. The focus areas of the Budget include accelerating growth, securing inclusive development, invigorating
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"Provides feel good factor, to encourage spending": Union Minister Hardeep
Updated : 1 year, 1 month ago IST
Union Minister Hardeep Singh Puri called this year's Union Budget excellent and highlighted the income tax exemption up to Rs 12 lakhs which he said will increase the middle class spending, giving a fillip to the economy.
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Budget allocates Rs 11.21 lakh crore capex for 2025-26, 0.9% higher than 2
Updated : 1 year, 1 month ago IST
This marks a minor 0.9 per cent increase over last year's Budget Estimate of Rs 11.11 lakh crore, but if compared with revised estimate of 2024-25 at Rs 10.18 lakh crore, the budget estimate of 2025-26 is substantially higher.
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Despite govt capex of Rs 54 Lakh cr over 5 years, concern on pvt investmen
Updated : 1 year, 1 month ago IST
The Indian government has spent over Rs 54 lakh crore on capital expenditure in the past 11 years, according to a report by Systematix Institutional Equities.
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Goa: CM Pramod Sawant lays foundation stone for Center of Excellence Proje
Updated : 1 year, 1 month ago IST
The 214 crore upgrade project at ITIs is a joint project by Tata Technologies and the Goa government in which Tata Technologies will be spending 214 crore, whereas the Goa government will spend 49 crore.
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20 per cent capex growth crucial for boosting India's GDP: EY report
Updated : 1 year, 1 month ago IST
The government is expected to continue on its fiscal deficit reduction path, bringing it down to 4.4 per cent of GDP in FY26. A strategic focus on investment and spending reforms will help balance fiscal prudence with economic expansion.
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India's consumer market to become world's second largest by 2030: Report
Updated : 1 year, 1 month ago IST
Rising incomes, a young workforce, and rapid urbanization are expected to drive consumption growth across the country. According to projections, consumer spending in India will rise to USD 4.3 trillion by 2030, up from USD 2.4 trillion in 2024.
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