India's Fiscal Federalism Faces Challenges: Experts
Former CEA Arvind Subramanian and academic Devesh Kapur highlight growing tensions in India's federal system due to fiscal transfers and regional imbalances.
Former CEA Arvind Subramanian and academic Devesh Kapur highlight growing tensions in India's federal system due to fiscal transfers and regional imbalances.
Philadelphia Fed President Anna Paulson expresses strong support for Chair Jerome Powell amid investigation, suggests holding rates steady now but favors modest cuts later in 2026 if inflation eases.
Experts call for the upcoming budget to focus on deeper reforms to boost India's economy, addressing key sectors and long-term growth challenges.
U.S. Treasury yields rose as strong jobless claims and import prices data reduced expectations for near-term Federal Reserve interest rate cuts.
A new study reveals Bengaluru's Metro connectivity reduces vehicle purchases, lowers transport costs, and improves loan repayment behavior for residents along Purple Line.
Gold prices dropped as strong US jobless data boosted the dollar and Trump's moderated Iran stance reduced safe-haven demand. Silver and other metals also declined.
India's labour force participation rate reached a new high of 56.1% in December 2025, while unemployment edged up to 4.8%. Rural areas saw significant job seeker increases.
Minneapolis Fed President Neel Kashkari says resilient US economy under high rates makes timing of cuts difficult. Inflation remains key concern for households.
India's unemployment rate remained stable at 4.8% in December 2025, with rural areas showing stagnation and urban areas experiencing a marginal increase. Labour force participation improved overall.
India's unemployment rate declined to 3.1% in 2023-24, the lowest level in over a decade, according to a recent government survey. This marks a significant improvement from previous years.
Finance Minister Nirmala Sitharaman will present the Union Budget for FY27 on February 1. Experts discuss how fiscal consolidation and capital expenditure can drive growth amid global risks.
As the FY27 Budget approaches, agriculture leaders urge increased spending on technology, digital systems and climate-resilient infrastructure to boost productivity and economic contribution.
India's merchandise trade deficit expanded to $25.04 billion in December, driven by a sharp rise in imports. Exports to the US remained resilient despite high tariffs, while trade with China increased significantly.
Understand where the government borrows from when revenues fall short. Explore the annual borrowing program announced in the Budget and its economic implications.
The upcoming Union Budget presents a crucial chance to shift India's focus from visible infrastructure to investing in human capability, argues Debdulal Thakur.
A $2.5 billion Fed headquarters renovation sparks a criminal investigation into Jerome Powell, raising concerns about central bank independence and the dollar's reserve currency status.
India's wholesale price index inflation turned positive at 0.8% in December, up from -0.3% in November. Experts predict it could cross 1% in coming months, driven by manufacturing and food prices.
Gold, silver, copper, and tin prices reach unprecedented levels globally and in India due to geopolitical risks, US rate cut expectations, and strong industrial demand from EVs and solar sectors.
Finance Minister Nirmala Sitharaman prepares to present her ninth consecutive Budget on February 1, 2026. This historic Sunday presentation marks India's 88th Budget since independence.
India's path to becoming a developed economy by 2047 requires shifting from quantity to quality in financing. Experts highlight rebuilding savings, market-based funding, capital efficiency, and startup leverage as crucial reforms.
From the US to Japan and Europe, politicians are challenging central bank autonomy, risking decades of economic stability and low inflation gains.
Last year's tax giveaways have not stimulated consumer spending as expected, instead creating a massive Rs 3 trillion hole in government revenue growth, according to analysis.
India's economic growth is encountering significant setbacks, prompting experts to call for a sober reassessment of policies to address inflation and job creation.
Gold prices surged to a record high on Wednesday, with silver also climbing, as geopolitical tensions and expectations of Federal Reserve rate cuts drove investors toward safe-haven assets.
Silver prices surged to a new all-time high at COMEX after the US Supreme Court delayed a ruling on Trump tariffs. Analysts see continued support for precious metals.
The World Bank has revised India's GDP growth projection upward to 7.2% for the fiscal year 2026, reflecting strong economic momentum and positive indicators.
Finance Minister Nirmala Sitharaman will present Union Budget 2026 on February 1. Analysts expect continued fiscal consolidation with targeted spending in defence, pharma, and sunrise sectors.
Nomura projects India's inflation will drift gradually higher under the new CPI series, driven by food prices and base effects, impacting monetary policy outlook.
The upcoming Union Budget 2026 is expected to increase public capital expenditure by 10-15%, focusing on sustaining growth momentum despite cautious private sector investment.
Finance Minister Nirmala Sitharaman presents Union Budget 2026-27 on February 1. Experts predict focus on infrastructure, fiscal prudence, with unlikely major tax changes.