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.
Union Bank of India report warns India's current account deficit will rise to 1.7% of GDP in FY26 due to persistent global tariff pressures and a record trade deficit. Learn about mitigating factors and the potential impact of the India-US trade deal.
Union Bank report warns India's current account deficit may rise to 1.7% of GDP in FY26 due to persistent trade pressures. Learn how this impacts economic stability.
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.
India's trade deficit reached a historic $31.5 billion in June 2024, driven by a massive 200% surge in gold imports. Explore the economic implications and government response.
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.
Finance Minister Nirmala Sitharaman holds pre-budget consultations with leading economists to shape India's economic roadmap for FY27. Key focus on growth, inflation and fiscal management.
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.
India's fiscal health gets boost as GST reforms and record RBI dividend expected to compensate for potential revenue gaps. Expert analysis reveals tax collection pressures.
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.
Indian exports to the US plummeted 37.5% amid 50% Trump tariffs, with smartphones and pharmaceuticals taking the biggest hit. Get the complete trade impact analysis.
GTRI report reveals devastating 37.5% decline in India's key exports to US, with smartphones, pharmaceuticals, and gems taking the hardest hit from American tariff policies.
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.
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.
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 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.
Finance Minister Nirmala Sitharaman secures Parliament approval for massive supplementary spending, with focus on rural employment and defense. Discover how this impacts fiscal deficit and economic growth.
New analysis reveals shocking disparities in state finances and development spending across India. Discover which states are leading and which are falling behind in the race for economic growth.
Discover why India's competitive federalism in industrial incentives is creating unsustainable economic burdens and learn the smarter approach to sustainable development.
Prime Minister Narendra Modi delivers strong message at ASEAN-India Summit, emphasizing need for balanced trade relationships and raising concerns about free trade agreements.
SBI Capital Markets forecasts India's economy will maintain robust growth in second half of 2024, with domestic consumption offsetting global slowdown pressures. Key sectors driving expansion revealed.
India's public debt is climbing towards 85% of GDP. Discover what this means for your finances, economic growth, and why fiscal deficit matters more than you think.
The Reserve Bank of India warns of rising fiscal risks in state governments as pre-election spending pushes up bond yields. Learn how this impacts India's economy.
India achieves remarkable trade turnaround with Germany as deficit plummets from $10 billion to just $2.2 billion. Exclusive insights from Commerce Minister Piyush Goyal on this economic milestone.
Exclusive: Former Finance Secretary Subhash Garg delivers scathing critique of both NDA and India bloc's election manifestos, calling them financially irresponsible and misleading for voters.
Exclusive insights into India's economic trajectory: Discover how strategic GST reforms, RBI policies, and fiscal management could propel the nation to 8% real GDP growth by 2025-26. Learn what this means for investors and taxpayers.