Now in terms of contribution of agriculture it still remains around 15% so while that section of the economy benefits from monsoons for the...

At 22% of overall spending, capital expenditures would be at record high and aid achieving over 6% GDP growth next year

Nepal'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...

In 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...

The nation’s 28 states, which account for about 60% of total government expenditure on infrastructure and asset creation, are hamstrung by ...

I 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...

Moody’s reduced the long-term foreign-currency credit rating to Baa3 from Baa2.

This year, India is in the middle of a slowdown in growth that has divided economists and worried politicians. Thus, even more is hoped for...

First advance estimates pegged nominal GDP growth at 7.5%, substantially lower than 12% projected in Budget.

So far that pressure is barely registering in borrowing costs.

What 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...

"If that fiscal position were to improve -- we do not expect it to -- that would be positive for the credit profile and the rating."

Britain posted its largest annual budget deficit since World War II on Thursday as campaigning for a tight national election intensified.

The UK has produced notable economists over the years, but John Maynard Keynes, the guru of government intervention, was one of truly globa...

Returning to path of fiscal consolidation will be challenging for govt if global recession becomes protracted. India Inc's wishlist | Key p...

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's government said it plans to spend $20.5 billion Singapore dollars ($13.6 billion) this year, causing a budget deficit blowout, ...