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FISCAL DEFICIT BLOWOUT
View: India has 7.4% growth, but where are the taxes?Budget: Should the govt play to the gallery of domestic equity investors by lunging for growth? Or should it choose fiscal restraint to kee...
Bond rally cools just as another index inclusion nearsIndia’s breakthrough into global debt markets needs a second act. Foreign investors have bought a net $20 billion of the nation’s index-eli...
Canada Christmas stimulus, immigration curbs cast more doubt on fiscal targetsCanada's fiscal outlook is precarious due to increased spending pressures, including a recent handout by Prime Minister Trudeau, slowing ec...
RBI may start easing rates in Q1 of next year: Santanu SenguptaNow in terms of contribution of agriculture it still remains around 15% so while that section of the economy benefits from monsoons for the...
Budget 2023: Nirmala Sitharaman went back to basicsAt 22% of overall spending, capital expenditures would be at record high and aid achieving over 6% GDP growth next year
Nepal bans foreign liquor and TVs to avert forex crisisNepal's trade deficit rose by nearly 34.5 percent on-year to $9.35 billion in mid-March, while forex reserves have fallen below $10 billion...
View: The blow-up of Archegos Capital has a few lessons for IndiaIn India, there wasn’t much of a reaction at all. Archegos owner Bill Hwang lost his fortune, and a couple of banks posted a few billion do...
Cash-strapped states threaten India’s double-digit growth goalThe nation’s 28 states, which account for about 60% of total government expenditure on infrastructure and asset creation, are hamstrung by ...
It’s equivalent to Kapil Dev’s 4 sixes in the Lord’s testI normally don’t use superlatives as frivolously as many do, but this Union Budget reminds me of the legendary Kapil Dev’s four sixes off E...
India’s credit rating cut puts it one step away from junkMoody’s reduced the long-term foreign-currency credit rating to Baa3 from Baa2.
India can't spend its way out of a slowdownThis year, India is in the middle of a slowdown in growth that has divided economists and worried politicians. Thus, even more is hoped for...
Worst economy in 42 years needs an honest lookFirst advance estimates pegged nominal GDP growth at 7.5%, substantially lower than 12% projected in Budget.
Bedrock of ultra-low yields may be at riskSo far that pressure is barely registering in borrowing costs.
View: PM Narendra Modi not a shoo-in but will start 2019 with big advantageWhat many people are missing out is that Modi will himself be on the ballot in 2019. Unlike Gujarat or Karnataka, people will be directly v...
Fiscal deficit, poor infrastructure constraints for India’s ratings upgrade: Atsi Sheth"If that fiscal position were to improve -- we do not expect it to -- that would be positive for the credit profile and the rating."
- UK budget deficit at record levels
Britain posted its largest annual budget deficit since World War II on Thursday as campaigning for a tight national election intensified.
- UK may mark the end of Keynesian economics
The UK has produced notable economists over the years, but John Maynard Keynes, the guru of government intervention, was one of truly globa...
- New govt to face tough job among constraints: Moody's
Returning to path of fiscal consolidation will be challenging for govt if global recession becomes protracted. India Inc's wishlist | Key p...
- Market experts views
Markets had previously worried that gains by leftist and smaller regional parties would weigh on the reform agenda and lead to a further bl...
- Singapore unveils $13.6 billion stimulus package
Singapore's government said it plans to spend $20.5 billion Singapore dollars ($13.6 billion) this year, causing a budget deficit blowout, ...