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FISCAL PRESSURE ON EXCHEQUER
Rs 10.9 lakh crore burden: Iran shock can take a load off India's backRising oil prices triggered by the Iran conflict are pushing India to accelerate its shift away from fossil fuels, with the government fast...- Taxes and Trump leave UK in a worse state than Starmer found itBritain's Prime Minister Keir Starmer faces a tough economic climate. Inflation is rising, and living standards are not improving. Economic...
- Spicier than jhalmuri: The Rs 1.7 lakh crore fiscal bite hidden in state election resultsWhat looked like a light-hearted campaign moment during PM Narendra Modi’s West Bengal trail has now turned into a major fiscal concern aft...
- Crude shock: Ajay Bagga on how $90 oil could dent India Inc's earnings and test government's fiscal nerveIndia is bracing for a major energy cost shock. Soaring crude oil prices are set to impact corporate profits, consumer spending, and govern...
- Women may cheer, but free bus ride a risk to Kerala’s robust transport ecosystemKerala elections: The UDF’s manifesto is anchored on five key guarantees, including free bus travel for women on Kerala State Road Transpor...
- Arunachal rolls out Rs 6,519-crore plan to transform state's power sectorArunachal Pradesh government has launched a Rs 6,519-crore plan to overhaul its power sector, focusing on reducing losses and modernising t...
- Britain set to overshoot borrowing forecastsGovernment revenue exceeded spending by £15.4 billion ($19.5 billion), the Office for National Statistics said Friday. It was the largest J...
- Kwasi Kwarteng brings forward UK debt-cutting plan to October 31On Monday morning, the Treasury confirmed that it would be in the public domain on October 31. The publications of OBR forecasts will also ...
- No-deal Brexit may prolong UK austerity, says HammondHammond is facing pressure to end almost a decade of spending cuts that have limited public services and spurred support for the opposition...
- RBI warns govt against a loose fiscal policy to drive growthWith combined deficit of 6 per cent, fiscal stance is hardly tight, says Urjit Patel.
- Urjit Patel warns of adverse impact of fiscal slippages on inflation“The state and central govt’s accounts combined, given that is already in the region of 6% of GDP, the national fiscal stance can hardly be...
- Government may miss fiscal target again, gap seen at 4.1%: India RatingsThe final fiscal deficit number for the ongoing fiscal is likely to come in at 4.1 per cent of GDP as against the government's own relaxed ...
- Pay hikes for govt employees to raise inflation, hit exchequerThe setting up of the Seventh Pay Commission comes ahead of the Assembly elections in 5 states including Delhi, Rajasthan and MP in Novembe...
- Food security prog to put pressure on exchequer: EconomistsThe food security programme to provide cheaper food grains for BPL families will put pressure on the exchequer, and government's expenditur...
- P Chidambaram confident of meeting Rs 30,000 crore disinvestment targetFinance Minister P Chidambaram today expressed confidence that the government will meet Rs 30,000 crore disinvestment target for this fisca...
- Govt counting on PSU dividends to improve finances: Arun YadavThe government today said it is counting on payouts by public sector units, particularly in the petroleum sector, to improve its finances.
- Experts see possibility of cut in sovereign rating to junkConcerned over the growing fiscal deficit of India, experts today said downgrading the country's sovereign rating to the junk grade from th...
- Government could have done more, feel economistsSeveral economists,expressing discontent over stimulus package, said the govt could have done more to boost the sagging growth and restorin...
- State agencies to intervene in market to contain pricesGovernment today said it proposes to involve state-run agencies and consumer federations in containing price rise by augmenting supplies in...
- Duty cuts to cost around Rs 4K cr, fiscal deficit may go upThe government's recent decision to cut duties on food commodities to combat price rise will cost the exchequer up to Rs 4,000 crore.
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