'Given our turbulent neighbourhood, the prime minister is likely to emphasise on democratic dividend as the reason behind India's continuous prosperity.' IMAGE: Prime Minister Narendra D Modi......
'There is also a possibility that Andhra Pradesh may demand a similar package. But as of now, we are only working on a package for Bihar.' IMAGE: Senior Bharatiya Janata Party leader Narendra D......
...to fund the revenue gap.Of the gross market borrowing of Rs 14.13 trillion estimated for FY25, Rs 7.5 trillion, or 53 per cent, is planned to be borrowed in the first half. IMAGE: Kindly note......
India spends significantly less on defence than could be expected from a country that faces simultaneous armed threats from two hostile neighbours -- China and Pakistan. IMAGE: An Indian Army......
Finance Minister Nirmala Sitharaman on Tuesday termed misleading claims by opposition leaders that if any state is not named in the Budget speech, then it does not get any budgetary allocation.......
Illustration: Dominic Xavier/Rediff.com The government may save over Rs 70,000 crore (Rs 700 billion) on capital and revenue expenditure allocated towards new schemes in the FY25 Budget......
'We have to retain some fiscal headroom without compromising on the promised fiscal consolidation roadmap.' IMAGE: Finance Minister Nirmala Sitharaman speaks in the Lok Sabha, December 17, 2024.......
The government’s capital expenditure in the April-November period of financial year 2024-25 (FY25) continued to contract with a 12.3 per cent decline year-on-year (Y-o-Y), according to data......
'It has also outlived its initial purpose of reducing physical gold imports.' Photograph: Kind courtesy Hamiltonleen/Pixabay With an increased emphasis on reducing government debt, the......