June 06, 2025 11:23 pm
The feud erupted publicly on Thursday after Trump criticised Musk in the Oval Office. The two then traded barbs via their platforms: Trump on Truth Social, Musk on X.
May 02, 2025 11:14 pm
The budget, released Friday, includes a sweeping 7.6 per cent cut to discretionary domestic programmes but a 13 per cent increase in national security spending.
May 01, 2025 12:54 pm
Amid US President Donald Trump’s tariff regime looming over global trade, India’s fiscal deficit remains a key concern. But what exactly is the fiscal deficit and how does the government balance it to maintain growth and stability?
April 09, 2025 6:26 am
MITRA consultation must before moving with proposal
October 06, 2024 5:12 pm
As a taxpayer when I see our political leaders spend recklessly on populist schemes in the name of welfare, I fear the worst. They appear bent on taking us backwards to a time when the world saw India as an economic basket case or, as foreign friends said to my face, a ‘land of starving millions.’
July 11, 2024 8:46 am
The fiscal deficit target which was 5.6 per cent of GDP in F24 is expected to be on track to attain the target of 4.5 per cent of GDP by FY26, Morgan Stanley report said.
March 29, 2024 10:13 am
Net tax revenue turned negative during February primarily on account of a contraction in corporate tax revenue and due to the impact of transfer of tax devolution instalments to states, economists said.
February 29, 2024 9:31 pm
In the corresponding period last year, the fiscal deficit or gap between the expenditure and revenue was 67.8 per cent of Revised Estimates of the Union Budget 2022-23.
January 31, 2024 9:22 pm
In the corresponding period last year, the deficit was 59.8 per cent of the budget estimate of 2022-23.
January 20, 2024 9:52 am
Increasing allocation by state governments for capital expenditure will boost growth