fiscal policy

Ranchi, February 24 Jharkhand Chief Minister Hemant Soren said on Tuesday that the budget for the 2026-27 fiscal, presented in the assembly, would fulfill the aspirations of the people, while the main opposition BJP termed it "directionless and baseless".He said the budget serves the interests...

Mumbai, February 24 High, stable, and accelerating growth, along with more predictable economic outcomes, have become the hallmarks of the Indian economy, according to Reserve Bank of India Deputy Governor Poonam Gupta.Delivering the 14th Foundation Day Lecture of the Centre for Development...

Thiruvananthapuram, February 24 The Kerala assembly on Tuesday decided that there was no need to consider the letters from Governor Rajendra Vishwanath Arlekar to the Speaker, requesting that the policy address delivered by him should be considered the official version.Speaker A N Shamseer...

New Delhi, February 23 – While the Pakistani government claims that the country's economy has been revived from the brink and is now stable, the harsh reality is that poverty has reached an 11-year high of 29 percent, and income inequality is at levels not seen in nearly three decades, according...

New Delhi, February 22 – While the IMF loan has temporarily rescued Pakistan from the brink of economic collapse, weak growth and fractious domestic politics suggest that the current period of stability may be difficult to sustain in the medium term, according to an article.In September 2024...

Washington, February 19 – An International Monetary Fund (IMF) staff team will travel to Islamabad from February 25 to hold discussions on Pakistan’s economic reform program under its Extended Fund Facility (EFF), the Fund said on Thursday.“We do have a staff team that is expected to visit...

Chennai, February 19 Tamil Nadu Social Welfare Minister Geetha Jeevan announced on Thursday that an annual summer special package of Rs 2,000 will be provided to eligible women each year.The amount, which was disbursed this month in advance of the summer season along with the monthly...

Jammu, February 19 Jammu and Kashmir Chief Minister Omar Abdullah said on Thursday that addressing climate change has now become a "necessity" for the Union Territory, highlighting the urgent need for a structured and institutional approach to tackle climate change.He also called for the...

Washington, February 19 – The International Monetary Fund has urged China to take stronger steps to revive domestic demand and reduce economic imbalances, warning that weak consumption and deflation could slow growth and affect the global economy.The IMF Executive Board, which concluded its...

Bhopal, Feb 18 Madhya Pradesh Finance Minister Jagdish Devda on Wednesday presented the state’s “women-centric” budget for 2026-27 with an outlay of Rs 4,38,317 crore, and said no new taxes would be imposed.Devda presented the third consecutive budget of the Mohan Yadav government amid...

Guwahati, February 17 Assam Finance Minister Ajanta Neog presented an interim budget of ₹62,294.78 crore for the financial year 2026-27 on Tuesday, ahead of the upcoming state assembly elections.Presenting her last budget before the state goes to polls, Neog said that according to RBI data...

Bhopal, February 17 – The Madhya Pradesh Legislative Assembly session on Tuesday witnessed lively debates as opposition Congress MLA Atif Arif Aqueel passionately advocated for declaring the cow as the national animal, reigniting discussions on cultural reverence and policy implementation...

According to the 2025-26 Tamil Nadu Economic Survey, Tamil Nadu can achieve its ambitious $1 trillion economy milestone by 2031 if it sustains its nominal growth rate of 16 per cent for 2024-25.This projection assumes a medium-term annual appreciation of 2 per cent in the value of the US...

New Delhi, Feb 15 – Prime Minister Narendra Modi on Sunday said that productive spending is a key feature of his government's policies. He stated that the recently unveiled Union Budget deliberately avoids short-term populist measures and instead focuses on significant investments in...

New Delhi, February 15 – This year's budget wasn't a "now or never" situation born out of necessity, but a "we are ready" moment resulting from preparation and inspiration, Prime Minister Narendra Modi stated on Sunday, asserting that it reflects India's "desire" to become a developed nation...

Shimla, February 15 Discussions on discontinuing the revenue deficit grant and its impact on the state economy are likely to dominate the three-day Himachal Pradesh Budget session, which will begin with the Governor's address on Monday.Addressing journalists here on Sunday after a meeting with...

Union Minister for Commerce and Industry Piyush Goyal praised the 2026-27 Union Budget as a strong foundation for a "Developed India" by 2047. Addressing a press conference in Mumbai to discuss the budget with the media, Mr. Goyal described it as a plan based on economic growth, infrastructure...

New Delhi, February 14 The Union Cabinet has approved the launch of the Urban Challenge Fund (UCF) with a total central assistance of ₹1 lakh crore, Union Minister Ashwini Vaishnaw said on Saturday.Under the scheme, central assistance will cover 25 per cent of a project's cost, provided that...

February 13, Kohima: S. Phangnon Konyak, a Member of Parliament representing Nagaland in the Rajya Sabha, stated that the Union Budget 2026 is not just a financial document, but a reflection of the government's priorities for equitable development, social inclusion, and strengthening India's...

New Delhi, February 22 – India on Thursday launched a new series of its Consumer Price Index (CPI), the benchmark that tracks retail inflation, starting with data for January, at 2.75 per cent.The new series covers a wider range of goods and services and adjusts the weights of different...