Rajesh Kumar

Bihar's last-minute scheme reflects a broader shift toward unconditional transfers, even as many states run revenue deficits and debt levels climb

The government has done really well on the fiscal front, but any ambiguity about the future path could put the hard-won gains at risk

Continuing with the FIT framework will ensure policy certainty in these uncertain times

Note that the US Budget deficit has increased structurally to over 6 per cent of gross domestic product (GDP), as against the past 50-year average of 3.8 per cent

The yield on the 30-year US government bond recently crossed the psychological 5 per cent mark. The yield on 10-year US government bonds has also inched up

In a low-income country, there will always be competing demands for resources

There is relief that the so-called reciprocal tariffs have been put on hold for 90 days, though the base tariff of 10 per cent remains

FM Sitharaman targets FY26 fiscal deficit at 4.4% of GDP

The Central government debt is projected to decline from 58.1 per cent of GDP in 2023-24 to 56.8 per cent in 2024-25

Here is the best of Business Standard's opinion pieces for today

Here is the best of Business Standard's opinion pieces for today

Here is the best of Business Standard's opinion pieces for today

Here is the best of Business Standard's opinion pieces for today

Here is the best of Business Standard's opinion pieces for today

Here is the best of Business Standard's opinion pieces for today

Here is the best of Business Standard's opinion pieces for today

Here is the best of Business Standard's opinion pieces for today

Here is the best of Business Standard's opinion pieces for today

Here is the best of Business Standard's opinion pieces for today

Here is the best of Business Standard's opinion pieces for today