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2023 BUDGET DEFICIT
Govt fast-tracks disinvestment process to shore up revenues, garners 31% of budget aim in Q1 FY27The government is accelerating its disinvestment and asset monetisation drive, achieving 31% of its full-year target in just the first quar...- Charting the global economy: US spending rises, weather loomsUS consumer spending remains robust despite rising prices, though new home sales dipped. President Trump is scrutinizing gasoline costs. Eu...
- Pakistan budget raises defence spending, squeezes development to meet IMF goalsFinance Minister Muhammad Aurangzeb told parliament the government would allocate 3 trillion rupees for defence in the fiscal year starting...
- Science at scale: India’s journey from food security to global leadershipToday, India is the world’s largest producer of milk, pulses, and spices; the largest exporter of rice; and among the leading producers of ...
- 100 days of Iran war: India must brace for broad-based economic shockIn a volatile turn of events, escalating strikes between Iran and Israel are sending shockwaves that may reach India’s economy. As the spec...
- RBI MPC: A challenge Shaktikanta Das contained may be resurfacing againIndia's central bank, the RBI, confronts a new inflation challenge. Rising oil prices and supply disruptions threaten to undo recent progre...
- Over 60% of pharma MSMEs yet to comply with updated manufacturing normsPharma industry officials say the revised Schedule M regulations could require Rs 10-15 crore per facility in upgrades, while talent shorta...
- A ₹3 lakh crore rain check? India’s monsoon now comes with a Hormuz fine printIndia’s fertiliser supply chain is under strain as the West Asia conflict disrupts shipping through the Strait of Hormuz, a critical route ...
- India's gold import: How it impacts our economy | An explainerIndia's gold imports are at an all-time high, reaching $71.98 billion in 2025-26. This surge is driven by increased prices and trade agreem...
- US Stock Market: US Treasury Bond Yields near 5% again as inflation fears shake Wall StreetWall Street is abuzz as investors debate if US 30-year Treasury bond yields will remain above 5 percent. Rising oil prices and a robust US ...
- Spicier than jhalmuri: The Rs 1.7 lakh crore fiscal bite hidden in state election resultsWhat looked like a light-hearted campaign moment during PM Narendra Modi’s West Bengal trail has now turned into a major fiscal concern aft...
- India’s state election results are out. Is cash inflow next? Here’s a warningIndia’s state elections: New election wins in Indian states bring populist promises that could strain finances. Economists warn of wider fi...
- India's fiscal deficit to drop to 4.5% or lower by fiscal 2026: Economic SurveyIndia's fiscal deficit is set to decrease to 4.5% of GDP or lower by fiscal 2026, per the Economic Survey 2023-2024. Finance Minister Nirma...
- Budget 2023: Economic good, political goodIt has stayed course on fiscal consolidation. The increases in expenditures and reductions in revenues, forced by the pandemic, has left In...
- Budget 2023, a precision targeted dose for long-term cure!The government has yet again been fiscally disciplined and maintained the fiscal deficit target of 6.4% in the revised estimate for FY 2022...
- Budget 2023-24: Sitharaman sticks to the fiscal glide path, lowers FY24 deficit target to 5.9%Union Budget 2023: The lower fiscal deficit target for 2023-24 was expected as a possible moderation in global commodity prices and less sp...
- US pharma industry seeks R&D policy for India's pharmaceutical sectorBased out of Boston, the USAIC for the last 16 years has been organising the India-US health care summit which is attended by the who's who...
- Budget to support growth and shun populism, economist says“There will be some temptation to go for populist measures,” Bhanumurthy, vice chancellor of Bengaluru-based Dr. BR Ambedkar School of Econ...
- India to speed up deficit reduction as fiscal target loomsGovernment officials had already flagged steep cuts to food and fertiliser subsidies that helped households and businesses weather the pand...
- Govt underlines need for a flexible Budget in view of external shocks, global turmoil"Effective management of the exogenous shocks and global uncertainties requires the additional flexibilities in terms of expenditure manage...
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