The Indian government is looking at shifting its spending priorities. This is to manage new expenditure needs arising from supply chain iss...

Today emphasizes mastering deep transformations and intense responsibilities through disciplined resilience. With the Moon continuing in Sc...

The government plans to enhance financial discipline and align budget allocations to reduce the debt ratio by seven percentage points by FY...

The Senate confirmed Russell Vought as Director of the Office of Management and Budget, solidifying his role in shaping federal spending. H...

Nirmala Sitharaman has delivered beyond what was expected. The budgetary allocation for infrastructure investment has been raised by an imp...

The committee, headed by Lok Sabha member K V Thomas, suggested that the ministries and departments should find effective ways for obtainin...

The finance ministry has enforced expenditure cuts across government departments at the RE stage, in an effort to achieve the fiscal defici...

Home Ministry has asked its officials to ensure expenditure in the current fiscal in no case exceeds the Revised Expenditure ceiling fixed ...

Gross fiscal deficit widened in the first eight months of the current fiscal, but the government maintained it will meet the budgetary targ...

Recent economic turmoil is due to a neglect of inflation and 'serious' fiscal adjustments are needed to fix the problem.

The CAG report of the fiscal 2010-11 also found railways at fault for not presenting any of the statements of fiscal policy in Parliament a...

The European Commission backed the introduction of jointly issued eurobonds, coupled with stricter budgetary discipline.

A decade after the euro’s birth, Greece revealed glaring defects in the design of the common currency. Existing rules failed to prevent the...

The Public Accounts Committee has pulled up the finance ministry for incurring excess expenditure and asked it to overhaul the budgetary me...

A resource crunch may leave poor labourers, higher educational institutes, railways and the power sector high and dry.

India has been elected to the newly established Independent Audit Advisory Committee, a five-member body which is expected to contribute to...

The Planning Commission argued that not much budgetary resources will be available with it and with the Centre to spend in 2007-08 if FRBM ...