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PRIMARY BUDGET SURPLUS
Pakistan budget raises defence spending, squeezes development to meet IMF goalsFinance Minister Muhammad Aurangzeb told parliament the government would allocate 3 trillion rupees for defence in the fiscal year starting...- RBI declares record Rs 2.87 lakh crore dividend to cushion war shockThe Reserve Bank of India announced a record surplus transfer to the government for FY26, though it falls short of budget estimates. This s...
- Governments worldwide shield households from rising energy costsNations globally are taking action to protect citizens from rising energy prices. Countries are introducing subsidies, tax cuts and fuel co...
- From India to China, a look at what governments worldwide are doing to shield households from rising energy costsGovernments globally are implementing diverse strategies to mitigate soaring energy costs stemming from the U.S.-Israeli war on Iran. Measu...
- India has 60 days of crude oil, 60 days of Natural Gas & 45 days of LPG rolling stock: CentreIndia is launching a national mission to conserve fuel amid global energy market turmoil. The government assures citizens of robust energy ...
- Delhi eco survey cites rising per capita income, GSDP: CM Rekha Gupta says evidence of rapid economy growthThe Chief Minister asserted that the survey report was "clear evidence" of Delhi's "rapidly growing" economy, "robust" infrastructure, and ...
- Pakistan falls short of 3 key IMF targets, missing revenue benchmarks for $7 billion bailout package's 2nd reviewPakistan has missed three key IMF fiscal targets due to provincial overspending and federal tax collection shortfalls, jeopardizing the USD...
- BJP slams AAP over 'revenue deficit'; Atishi claims none of states ruled by saffron party in profitAAP and BJP are disputing over Delhi's financial health. The first deficit budget in Delhi's history is expected in 2024-25, with a revenue...
- Egypt says land sale, IMF accord will ease budget problemsEgypt agreed in February to sell the development rights to Ras al-Hikma, a prime Mediterranean resort destination, to Abu Dhabi for $24 bil...
- Surplus land of PSUs to be shaved off by governmentThe government is now planning to hive off surplus land in an attempt to ramp up asset monetisation. Cabinet approval will also be sought i...
- Govt expects Rs 69,000 crore dividend from RBI in FY20The government has projected to mobilise Rs 82,911.56 crore as dividend or surplus from the RBI, nationalised banks and financial instituti...
- Gujarat government presents a revenue surplus Budget; 48% of plan expenditure to be spent on social sectorThe Gujarat government today presented a revenue surplus Budget of Rs 1,33,465 crore setting aside 48 per cent of plan expenditure to the s...
- Focus on social sector in Gujarat BudgetThe Gujarat govt today presented a revenue surplus Budget of Rs 1,33,465 crore setting aside 48 per cent of plan expenditure to the social ...
- Fading Eurozone crisis coloured by wishful thinking"The eurozone is bathing in a post-crisis climate and everyone wants to see the bright side," commented economist Ludovic Subran.
- Greece has 1.05 bn euro primary budget surplus in Jan-Apr, beats targetGreece's central government posted a primary budget surplus of 1.05 billion euros ($1.44 billion) in the first four months of the year.
- Centre's welfare plans may strain finances of states: RBI StudyStates could bear the brunt of Centre’s policies such as National Food Security Act, a Reserve Bank of India study on the finances of state...
- Budget 2013: How tax rates & budgets of other emerging economies compareIndia’s huge dependence on fuel imports is what differentiates it from most other emerging market economies.
- Scrap these taxesPenalising farmers to benefit industry is anti-poor and economically irrational.
- Service loans out of revenues: RBI tells statesRBI has advised state governments to service their loans out of their own revenues . Besides, it has made other sweeping suggestions to hel...
- Brazil to cut spending, raise taxes to cover gapBrazil will slash spending and raise taxes on credit transactions and banks to cover a revenue shortfall caused by the defeat of a key tax ...
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