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INDEPENDENT FISCAL COUNCILS
Manipur CM urges NITI Aayog to drive state's recovery and developmentManipur Chief Minister Yumnam Khemchand Singh urged NITI Aayog to spearhead the state's economic recovery and long-term development, emphas...- Curbs on ads by accounting firms lifted: ICAIThe Institute of Chartered Accountants of India has updated its ethics code. This allows chartered accountants and their firms to advertise...
- Smugglers are hard at work as higher duty puts the shine on goldThe recent spike in import duties in India has inadvertently fueled a rise in gold smuggling activities. Traders are noting a marked increa...
- World imbalances trouble G-7 in wake of Trump’s China encounterGlobal finance ministers convene in Paris to address lopsided world growth, focusing on structural misalignments after the US-China trade s...
- 8th Pay Commission: Government staff seek Rs 69,000 minimum pay, DA merger proposalGovernment employees are pushing for major changes in pay and pensions with the Eighth Central Pay Commission. They want a higher basic sal...
- World finance chiefs head to IMF with a sense of déjà vuGlobal economic policymakers convene amid concerns over President Trump's actions impacting Middle East growth. The IMF warns of reduced ca...
- DAC clears proposals worth Rs 2.38 lakh crore, including S-400 missile systems, Su-30 Aero engine overhaulThe Defence Acquisition Council, led by Rajnath Singh, cleared proposals worth Rs 2.38 lakh crore, covering missile systems, aircraft, and ...
- For a 'Viksit Bharat,' strong states & healthy finances are keyIndia's high public debt is notably stable due to domestic financing, but it crowds out private investments and restricts growth resources....
- Why has the Birmingham City Council declared effective bankruptcy with £760m Equal Pay Bill | ExplainedBirmingham City Council has taken a drastic step by essentially declaring insolvency in the face of an enormous £760 million bill stemming ...
- QuickHeal Technologies Q1 Results: Net loss at Rs 12.8 croreSalvi is an independent director for the Data Security Council of India and served as the Chief Information Security Officer at Infosys, be...
- Time for India to Set Up a Fiscal CouncilThe assessment will help GoI evaluate macroeconomic conditions better and articulate the reason for where the fiscal deficit should be, kee...
- IMF urges governments to make fiscal plans to tame pandemic debtGovernments should start planning a return to more sustainable budgets with policies that win the trust of investors, after unprecedented f...
- Countries need to focus on fiscal forbearance amid pandemic, says NK Singh“In the context of the pandemic, we need to focus not on fiscal rectitude but on fiscal forbearance. Fiscal norms designed for normal times...
- Even with GDP slide, GoI must commit to reduce the overhang of borrowings: Viral AcharyaA bipartisan council should be set up and granted authority to enforce a ‘comply or explain’ discipline on budgetary assumptions and attemp...
- ‘Council, curbs on grants by govts to help fiscal consolidation’But we do need a mechanism for enforcement which will be equally applicable for both centre and states.
- IMF suggests India to set up independent fiscal councilGST promises to create a single market in India, to integrate India much further and therefore, from a medium to long term perspective, it ...
- PM Narendra Modi's economic council acknowledges slowdown, identifies 10 priority areasThe PMEAC, which held its first meeting today, acknowledged the slowdown in Indian economy and said that it will examine the causes.
- Finance Commission expects an improvement in macroeconomic conditions, revival of growth and tax reformsThe government has said it will lower the fiscal deficit to 4.1% of GDP in FY15, 3.6% in FY16 and 3% FY17.
- PMEAC pegs GDP growth at 6.7%; scales down original forecastPMEAC has penciled in GDP growth of 6.7% for this fiscal yr, scaling down its original forecasts but refrains from sharply lowering project...
- GJEPC targets $18.5 bn exportsGems and Jewellery Export Promotion Council (GJEPC) is targeting exports of 18.5 billion dollars this fiscal, even as the sector has starte...
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