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Indonesia plans to embed AI in key programmes, including $15 billion free-meal drive, document showsIndonesia's progress on AI has been slow when compared with Singapore and Malaysia. They are pushing to establish themselves as developme...
India, Russia prevented global economy from collapsing: IMEMO chiefRussia and India have forged a new global economic model, preventing global collapse and aiding the Global South with affordable resources....
UP, Gujarat, Jharkhand, 10 other states record revenue surplus in FY25: CAG reportFifteen Indian states faced revenue deficits in the fiscal year 2024-25. Thirteen states, however, reported revenue surpluses. The Comptrol...
Northeast’s rise under PM Modi is one of India’s biggest success stories: Sarbananda SonowalThe Northeast region of India has transformed into a major economic growth hub; significant investments in infrastructure, digital connecti...
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...
Corporate India gets a call of duty and it's raring to goIn a dynamic shift, India's defence industry is witnessing a groundbreaking transformation where private corporations are spearheading pivo...
Cost of America’s ‘Golden Dome’ dream jumps from $185 billion to $1.2 trillion with 7,800 satellites that might not work when neededA new CBO analysis estimates President Trump's "Golden Dome for America" missile defense initiative could cost $1.2 trillion over 20 years,...
Observe and shock absorb: To ride out this oil crisis, focus should be on well-targeted support, not broad price suppressionIndia is navigating a critical oil import challenge. The government's approach of keeping fuel prices steady faces fiscal and equity questi...
Explained: What is the new VB-G RAM G Act and how will it replace MGNREGA?A new rural employment law, VB-G RAM G Act, will replace MGNREGA on July 1. It guarantees 125 days of work annually, focusing on infrastruc...
Jan Suraksha revamp: PMJJBY, PMSBY, APY may see increase in sum insuredThe government is contemplating a substantial expansion of insurance benefits within its renowned Jan Suraksha initiatives. This strategy i...
Fertiliser subsidy bill set to overshoot budget estimate of Rs 1.71 lakh cr amid West Asia crisisIndia's fertiliser subsidy bill for fiscal 2026-27 is set to surpass its budget. Rising costs of imported urea and other fertilisers are dr...
Something is going seriously wrong with the US Navy: After the USS Gerald Ford fire comes another crisis — Navy warship Higgins goes dark for hoursAfter the Gerald Ford Fire, the USS Higgins goes dark, and the US Navy's crisis deepens. A guided-missile destroyer loses all power and pro...
EU approves a $106 billion loan package to help Ukraine after Hungary lifts its vetoThe European Union has approved a substantial loan for Ukraine to support its economy and military. This comes after Hungary ended its oppo...
NHAI surpasses target; constructs 5313 km in 2025-26In a statement issued by the ministry of road transport and highways on Wednesday, it said that the National Highways Authority of India’s ...
India's fiscal deficit improves to 5.6% of GDP in FY24, lower than target of 5.8%India's FY24 fiscal deficit hit Rs 16.54 lakh crore, 95.3% of target. Central government's FY24 fiscal deficit stood at at 5.6% GDP, below ...
FY18 divestment receipts exceed revised budgetary target of Rs 1 lakh crore: Arun Jaitley“Disinvestment receipts for FY 2017-18 exceeded Rs 1 lakh crore which is higher than the figure of last year at Rs 46, 250 crore,” he tweet...
Fiscal consolidation with quality focus crucial: RBIGross fiscal deficit widened in the first eight months of the current fiscal, but the government maintained it will meet the budgetary targ...
- FM concerned about poor growth in excise duty collection
Expressing concern over sluggish excise duty collection, Finance Minister P Chidambaram admitted that meeting the budgetary target of Rs 1,...
- Planning Commission meet on fiscal discipline
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 ...
- FM likely to revise fiscal deficit to below 5% of GDP
This is something every economist and analyst worth his spreadsheets will be looking at closely.