India's fiscal policy is set to become less contractionary from FY27 as the government pivots to a debt sustainability framework, with a modest deficit reduction and continued capex focus, according to BofA Securities.
India shifts from fiscal deficit to debt-to-GDP as its primary fiscal anchor from 2026-27. While offering flexibility, low tax revenues pose a significant challenge to achieving the 50% target by 2031.
Climate change is now a fiscal crisis. From heatwaves to floods, environmental damage hits budgets. The green transition demands massive public spending. Explore the economic reshaping.
India is on track to achieve, and potentially exceed, its 4.4% fiscal deficit target for FY26, boosting investor confidence. PwC's Ranen Banerjee explains the fiscal math despite lower nominal GDP growth.
Karnataka's fiscal deficit hits the legal 3% ceiling due to rising borrowings for welfare schemes. Officials say borrowing may touch Rs 93,000 crore. Read more on the state's budget challenges.
As India's fiscal devolution faces scrutiny, a prudent balance is critical for mending strained Centre-state ties. Expert analysis on the path forward. Read more.
Punjab's economic woes stem from a deeper collapse of belief. Explore why fiscal stress, migration, and stalled industry are symptoms of a profound crisis of confidence in the state's future.
India's fiscal discipline is acting as preventive medicine for the economy, creating buffers against global shocks. Learn how this strategy ensures stability and growth.
India's fiscal deficit for April-November FY25 widened to Rs 9.77 lakh crore, marking a 15.4% year-on-year surge. Explore the key drivers and government's fiscal roadmap.
India aims to stick to its medium-term fiscal deficit target of 4.3% in FY26, buoyed by a record RBI dividend. However, rising subsidy costs and lower nominal GDP growth present significant challenges to consolidation. Explore the details.
Himachal Pradesh grapples with a massive ₹1.14 lakh crore debt. Discover the state's revival plan involving central assistance, fiscal discipline, and new revenue sources. Can these measures pull HP out of the red?
Punjab's debt crisis escalates to Rs 3.73 lakh crore, consuming 46% of revenue. This fiscal emergency threatens development and demands urgent policy action. Read the full analysis.
Government data reveals India's fiscal deficit touched 62.3% of the full-year target by November 2025. The Centre's budget aims for a 4.4% GDP deficit in FY26. Read the full analysis.
US equities dominate global markets in 2025, fueled by tech. But rising debt and political instability pose threats. Is America still the safest bet for investors? Read analysis.
Japan's Topix index reached an all-time high as a record budget eased debt concerns. The Nikkei nears 51,000 with SoftBank leading gains. Read the full market analysis.
India's economy shows robust post-Covid recovery with 8.2% GDP growth in Q2 2025-26. RBI revises full-year estimate to 7.3% as inflation stays benign. Read the full analysis.
CII urges institutional reforms & fiscal consolidation in Budget 2026-27 for growth. Key asks: tech to curb tax evasion, debt control, PSU privatisation, and revamping food distribution. Read more.
India's economy is poised to reap the benefits of past reforms in 2026, with projected growth of 7% or higher. Learn how tax cuts, rate easing, and regulatory changes are fueling momentum despite external trade tensions.
Explore India's 2025 economic focus on green growth, manufacturing push, and fiscal stability amidst global headwinds. Essential analysis for UPSC aspirants.
Market veteran Shankar Sharma warns India's economic slowdown is a 'giant battleship' hard to turn. He cites fiscal constraints, weak tax growth, and rupee pressures limiting a 2026 revival. Read his full analysis.
Direct cash transfers to women have exploded from Rs 1,600 crore in 2020 to Rs 2.46 lakh crore in 2025, reaching 13 crore women. Explore the fiscal impact, political shift, and real-life effects of this new welfare pillar.
The new VB-G RAM G Act replaces MGNREGA, shifting more fiscal burden to states. Analysis reveals a potential Rs 30,000 crore extra cost and implementation hurdles. Read the full story.
State-level welfare expansion is pushing India into a debt trap, risking national economic stability. Experts call for a unified National Welfare Policy based on fiscal discipline and transparency. Read more.
State-level welfare expansion is pushing India into a debt trap, risking national economic stability. Experts argue for a unified National Welfare Policy based on fiscal discipline and transparency. Read more.
RBI's annual report highlights a pivotal shift in global trade dynamics in 2025. Sustaining India's high growth path requires continued focus on economic reforms, fiscal consolidation, and boosting private investment. Read the full analysis.
Karnataka faces a Rs 18,500 crore GST shortfall despite strong tax growth. CM Siddaramaiah resists extra borrowing, focusing on fiscal prudence. Read the full analysis.
Former Finance Commission Chairman NK Singh argues India's appeal to global investors hinges on fiscal discipline of both Centre and states. He calls for cooperative federalism and competitiveness-driven growth to sustain long-term momentum.
India's economy surges with 8.4% GDP growth in Q3 FY24, exceeding expectations. The government revises full-year forecast upward to 7.6%. Read the full analysis.
Madhya Pradesh reshapes finances with zero-based budgeting & a 3-year rolling plan. Deputy CM Jagdish Devda reveals FY25 revenue of Rs 55,634 Cr, per capita income of Rs 1.52 lakh, and new tech-driven initiatives for revenue growth.
The World Bank approves a $700 million financing package for Pakistan to boost macroeconomic stability and public services. Learn about the program's goals and impact.