16th Finance Commission Deadline Extended to Nov 2025
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.
Category : Search result: China fiscal policy
GST Revenue Sharing Formula to Change in 2026
A major shift in how GST revenue is distributed among Indian states is on the horizon. Discover which states stand to gain or lose billions and how this could reshape fiscal federalism.
India's Policy Choices to Define Economic Future: DBS
A groundbreaking DBS Bank analysis reveals India stands at a historic economic crossroads where current policy decisions could unlock unprecedented growth or stall progress for decades to come.
SAS exits China after 25 years, fires 400 over video call
American analytics leader SAS Institute shuts down China operations after quarter-century, terminating hundreds of employees in controversial virtual meeting that sparks outrage.
China Extends Saudi Visa-Free Travel Until 2026
China continues its visa exemption policy for Saudi passport holders, boosting tourism and bilateral relations. Here's everything travellers need to know about the extended scheme.
RBI Dividend to Offset GST Revenue Loss: Report
New analysis reveals RBI's increased dividend payout could compensate for potential revenue shortfalls from GST rationalization in the upcoming fiscal year, providing fiscal cushion for government.
Tax Cuts Fuel Consumption Boom: India GDP to Hit 8%
India's economy is poised for explosive growth as strategic tax reductions fuel unprecedented consumer spending. Discover how this fiscal stimulus could propel GDP growth to 8% and transform the economic landscape.
UK Economy Faces Tougher Challenges, Says Reeves
British Finance Minister Rachel Reeves reveals the UK economy is in worse condition than anticipated during last year's budget, citing depleted finances and urgent need for growth measures.
Pakistan Economy Shows Recovery After Reforms
Pakistan's Finance Minister Muhammad Aurangzeb announces significant economic improvements following comprehensive structural reforms, with inflation dropping and economic stability on the horizon.
Trump's 60% China Tariff Plan Shakes Global Trade
Former President Donald Trump proposes massive 60% tariffs on Chinese goods, potentially reigniting US-China trade war and impacting global economy. Experts warn of consequences.
China denies nuclear testing, reaffirms no-first-use policy
Beijing strongly refutes claims of nuclear weapons testing while reaffirming its commitment to peaceful development and no-first-use nuclear policy in latest diplomatic statement.
Vietnam builds islands to challenge China in South China Sea
Satellite imagery reveals Vietnam's accelerated land reclamation in the Spratly Islands, directly challenging China's maritime control and escalating tensions in the resource-rich waterway.
India's Fiscal Deficit Narrows to 3.8% in H1 FY26
India's fiscal health strengthens as April-September 2024 deficit narrows to 3.8% of GDP, supported by 19% tax revenue growth and massive ₹2.1 lakh crore RBI dividend injection.
US-China Relations Thaw: New Military Channel Opens
In a significant diplomatic breakthrough, US and China establish new military communication channel as relations show marked improvement after years of tension. Exclusive analysis of what this means for global stability.
China rapidly fills oil reserves amid price slump
China is rapidly filling its strategic petroleum reserves as global oil prices hit multi-month lows, raising questions about Beijing's energy strategy and market impact. Discover what this means for global energy markets.
Union Bank: FY26 Fiscal Targets Challenging Amid Weak Tax Growth
Union Bank of India's latest report highlights significant challenges in meeting FY26 fiscal targets due to weakening tax collections, raising concerns about India's economic trajectory and government spending capacity.
Saudi-China Strategic Partnership Deepens in Riyadh Meeting
In a significant diplomatic move, Saudi Crown Prince Mohammed bin Salman welcomes Chinese Vice President Han Zheng, strengthening bilateral cooperation across multiple sectors including trade, investment, and regional security.
IndiGo Launches Kolkata-Guangzhou Direct Flights Nov 10
Breaking the aviation deadlock, IndiGo launches direct Kolkata-Guangzhou flights starting November 10, reconnecting India and China after pandemic disruptions. Get details on schedule, fares, and what this means for bilateral relations.
India's Fiscal Deficit at 36.5% of FY26 Target
Latest government data reveals India's fiscal deficit reached ₹5.41 lakh crore by August 2024, while tax collections show robust performance at nearly half of budget estimates.
India's FY26 fiscal deficit hits ₹5.73 trillion in H1
India's fiscal deficit for April-September FY26 reaches ₹5.73 trillion, accounting for 36.5% of annual budget estimate. Get detailed analysis of revenue and expenditure trends shaping the economy.
iPhone Sales Decline in China: Tim Cook Explains
Apple faces unexpected iPhone sales decline in China as CEO Tim Cook explains the market challenges. Get the inside story on Apple's Chinese market performance.
China Agrees to One-Year Rare Earth Export Deal with US
In a major trade breakthrough, China agrees to continue rare earth mineral exports to US for one year. President Trump announces resolution to critical supply chain concern.
Trump Cuts China Tariffs to 47% After Xi Meeting
In a dramatic trade policy reversal, former President Donald Trump announces significant tariff reductions on Chinese goods after what he called an 'amazing' meeting with Xi Jinping, signaling potential US-China trade war thaw.
8th Pay Commission: Economic Impact & Job Creation
India's upcoming 8th Pay Commission could trigger massive economic growth, create millions of jobs, and reshape fiscal policy. Expert analysis reveals the potential impact on government employees and the broader economy.
Why Walking Away From Incentive Wars Is Wiser
Discover why India's competitive federalism in industrial incentives is creating unsustainable economic burdens and learn the smarter approach to sustainable development.
Trump-Xi Summit LIVE: High-Stakes Meeting in Busan
Follow live updates as former US President Donald Trump and Chinese President Xi Jinping meet in Busan for a crucial summit addressing trade, Taiwan, and global tensions.
Trump Expects Great China Deal Ahead of Xi Meeting
Former US President Donald Trump expresses optimism about reaching a significant trade agreement with China during upcoming talks with President Xi Jinping, signaling potential thaw in US-China relations.
India-China military commanders meet in Ladakh after year
After a tense year-long gap, Indian and Chinese military commanders have resumed crucial dialogue in Eastern Ladakh. Get exclusive insights into the high-stakes meeting aimed at de-escalating border tensions and restoring peace along the Line of Actual Co
Trump Rebuilding US-China Relations His Way
Former President Trump reveals his unconventional approach to mending US-China ties after deliberately dismantling them, signaling a dramatic shift in global diplomacy that could reshape international relations.
Trump's China tariff crisis: Self-made problem?
Former President Donald Trump's proposed 60% tariff on Chinese goods could backfire spectacularly, triggering economic turmoil and forcing an unlikely retreat. Expert analysis reveals why this self-created crisis might need a diplomatic escape route.
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