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REVENUE DEFICIT REFORM
Finance Minister Sitharaman embarks on 4-day official visit to France to bolster economic tiesFinance Minister Nirmala Sitharaman is on a four-day visit to France to bolster the India-France Strategic Partnership and economic ties. A...- SBI Research sees Bengal budget tone most optimistic in 17 yearsWest Bengal's new budget signals a significant policy shift, moving from welfare to investment and industrial growth, according to SBI Rese...
- West Bengal's Rs 4.39 lakh crore Budget under BJP aims to bury 'syndicate raj', woo investorsWest Bengal's new government unveiled a Rs 4.39 lakh crore budget prioritizing fiscal restructuring and job creation. Finance Minister Swap...
- India eyes more FDI, speed up divestment, asset monetisation as economy faces external risksIndia's government is set to accelerate reforms, focusing on attracting foreign investment and divesting assets. This strategy aims to main...
- GDP growth momentum intact, no need for additional borrowing so far: Govt sourcesIndia's economy is navigating external challenges like rising import costs. However, domestic consumption remains strong, ensuring growth m...
- Over 60% of pharma MSMEs yet to comply with updated manufacturing normsPharma industry officials say the revised Schedule M regulations could require Rs 10-15 crore per facility in upgrades, while talent shorta...
- U.S. Treasury to borrow $2 trillion in 2026 as national debt nears $39 trillion — is America quietly entering a dangerous fiscal crisis beyond Washington’s control?U.S. Treasury is set to borrow over $2 trillion in fiscal year 2026, a federal deficit exceeding 6% of GDP. The Office of Management and Bu...
- Social Security benefit cap proposal warning: will this new limit quietly cut how much retirees receive annually?Social Security benefits cap proposal 2026 is reshaping retirement talks in the US. A key warning shows a $230 billion annual shortfall in ...
- Govt awarded 172 oil & gas blocks in 10 years, but negligible output brings policy and execution into focusIndia's ambitious oil and gas policy has failed to boost domestic production. Despite billions invested and extensive exploration, only one...
- US national debt crosses 100% of GDP: America now owes more than its entire economy produces — and the $1 trillion interest payments alone now outpace the PentagonU.S. debt-to-GDP ratio hit 100.2% on March 31: For the first time since the ruins of World War II, the United States national debt has surp...
- 16th Finance Commission ends revenue deficit grants, flags fiscal discipline resetThe 16th Finance Commission has ended revenue deficit grants for states. This move aims to fix fiscal problems and encourage states to mana...
- RBI dividend to have limited impact on medium-term fiscal consolidation: FitchFitch Ratings emphasized the limited medium-term impact of the RBI's surplus transfer on India's fiscal consolidation and debt path. The go...
- Government is keen to meet FY18 deficit targetThe thinking at the highest level of the government is that the fiscal deficit target of 3.2% of GDP for FY18 should be met.
- Budget 2016 is credit positive, uncertainties on few fronts: FitchThe Union Budget 2016-17 is credit positive, the reforms implementation agenda in various sectors as well as achieving revenue growth targe...
- We'll miss fiscal, revenue deficit goals, admits FMThe govenment on Tuesday admitted it may miss the 2008-09 Budget targets for fiscal and revenue deficits as the global financial crisis for...
- FM asks states to take up steps on fiscal correctionRegretting that fiscal correction has not been uniform across the states last fiscal, Finance Minister P Chidambaram on Wednesday asked the...
- Focus on revenue mopup via big ticket tax reformsThe '05-'06 will focus on revenue mobilisation through tax reforms to achieve fiscal consolidation, going by the pre-budget economic survey.
- Budget to focus on tackling deficitThe Union Budget for 2004-05, which is being viewed as a 'litmus test' for the Congress-led government, may unveil the roadmap for wiping o...
- Finmin may review monitorable milestonesHalfway into the medium-term fiscal reforms programme for states, a finance ministry review has proposed a relook at the monitorable milest...
- Step up agri, labour reforms: EconomistsLEADING economists on Thursday asked the government to speed up agricultural and labour reforms for achieving over 7 per cent growth, and r...
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