Kerala government approves Rs 1.10 crore for two new vehicles for the Chief Minister, using budget manual relaxation. Opposition questions timing as fiscal controls tighten. Read the full story.
Indian government seeks Parliament nod for net extra spending of ₹41,455 crore for fertiliser, fuel subsidies. Fiscal deficit target of 4.4% of GDP remains intact. Read full details.
India's economy grew at a surprising 8.2% in Q2 FY26, a six-quarter high. However, a rising fiscal deficit presents challenges. Read our analysis of the mixed signals.
India's Q2 GDP grows at 8.2% while nominal GDP shrinks, creating fiscal challenges. Manufacturing surges 9% but budget targets face pressure. Expert analysis on economic outlook.
India's economy grew at 8.2% in July-September 2025-26, marking six-quarter high. Finance Minister Sitharaman credits reforms and fiscal consolidation for robust growth.
India's economy is set to grow at over 7% this fiscal with GDP crossing $4 trillion in FY26, driven by strong manufacturing and services expansion. Read more about the growth trajectory.
India's economy grows at 8.2% in Q2 FY25, highest among major economies. PM Modi attributes success to reforms, manufacturing surges 9.7%. Read full analysis.
India's fiscal deficit reached 52.6% of the full-year target by Oct 2025, higher than last year. Explore the key revenue and expenditure trends shaping the economy.
India's fiscal deficit reaches ₹8.25 trillion during April-October, 52.6% of FY26 target. Higher capex and lower tax revenue drive increase. Experts analyze challenges ahead.
Former RBI Governor Duvvuri Subbarao warns competitive populism through election freebies threatens India's fiscal health. Read why we need spending limits now.
Thousands protest in Bulgaria as parliament approves budget with significant tax increases. Demonstrators demand government resignation amid economic concerns. Latest updates.
UK Chancellor Rachel Reeves unveils £26 billion tax plan freezing brackets and hiking wealth taxes. Learn how this impacts millions of families and the economic outlook.
IMF applauds India's 7.8% growth in FY26's first quarter, endorsing RBI's monetary policy while recommending accelerated structural reforms for sustained development.
IMF exposes Pakistan's fiscal mismanagement and lack of transparency in new report. Discover the critical findings and their implications for Pakistan's economy.
Moody's Ratings flags India's tightening fiscal space as tax cuts pressure revenue, limiting government's ability to support the economy. Read the full analysis.
S&P Global forecasts India's economy will expand by 6.5% this fiscal year, driven by strong domestic demand. A potential US trade deal could further boost growth. Read more.
India ranks among world's most climate-vulnerable nations with $79.5B in disaster losses. Catastrophe bonds could reduce government's fiscal burden by transferring risk to investors.
S&P Global Ratings forecasts robust 6.5% GDP growth for India in FY26, rising to 6.7% in FY27. Tax cuts and monetary easing to fuel consumption-led expansion despite global headwinds. Read more.
UK's fiscal deficit reaches £116.8 billion, exceeding forecasts by £10 billion as Chancellor Rachel Reeves prepares crucial November 26 budget with potential tax hikes.
India's CAG directs all states to adopt uniform expenditure classification by FY 2027-28, ending decades of inconsistent accounting practices. This reform will enable transparent financial reporting and better fiscal management across states.
India's GST revenue growth is expected to surge to 10% in November, recovering from an October slowdown caused by September's historic tax reforms. The government anticipates sustained buoyancy.
India's 8th Pay Commission brings 20-25% salary hikes for government employees but raises concerns about fiscal health and widening wage inequality. Learn about the economic implications.
Indian states face severe fiscal strain as election welfare spending surges, with Bihar's schemes costing 4% of GDP. Capital expenditure lags while deficits rise across poll-bound states. Read analysis.
Exploring how Bihar's pre-poll cash handouts affect inflation, welfare outcomes and fiscal management in India. Analysis of conditional transfers vs universal basic income.
Cash-strapped Himachal Pradesh government secures Rs 300 crore loan through RBI auction for development projects as state debt crosses Rs 1 lakh crore mark. Details inside.
NDA secures decisive victory in Bihar elections with 200+ seats, but faces fiscal constraints with 60% revenue locked in salaries and pensions. Can promises be delivered?
Meghalaya's cabinet approves key amendments, allowing a fiscal deficit increase to 3.5% of GSDP and new job quotas for casual workers. Discover the full implications for the state's economy.
As Bihar elections approach, political parties flood voters with cash promises despite the state's fragile finances. Analysis reveals unsustainable freebies that could worsen economic conditions.
India's 16th Finance Commission gets one-month extension until November 30, 2025. Learn how its tax revenue sharing formula will impact states' development spending until FY31.
India's government plans to maintain its capital expenditure target at 3.1-3.2% of GDP for FY27, focusing on quality over quantity to drive fiscal consolidation and economic growth.