Panel report released by the National Statistics Office signals shift to more granular expenditure tracking
Ind-Ra expects states' fiscal deficit to widen to 3% of GDP in FY27 due to higher revenue spending, with SASCI-linked borrowing potentially lifting it to 3.5% of GDP
Japan's economy expanded at an anemic 0.2% annual pace in the last quarter, the government reported Monday, with growth for all of 2025 at just 1.1%. Private consumption rose at a 0.4% annualized pace in October-December, but that was offset by a 1.1% drop in exports, the latest seasonally adjusted preliminary data show. Japan's export-reliant economy has been shaken by President Donald Trump's tariffs, but has been growing at a lackluster pace for years. Prime Minister Sanae Takaichi is expected to roll out policies to help revive the economy after a landslide victory in a general election earlier this month. Takaichi has promised to spend more and to suspend Japan's sales tax on food, among other measures. Japan's GDP contracted 0.7% in July-September, quarter-to-quarter, after growing 0.5% in April-June. Since the economy returned to growth in the latest quarter, the country narrowly avoided a technical recession, which is two straight quarters of contraction. On a quarterly ba
Urban India to power 70% of GDP in FY26, with Tier-II and Tier-III cities emerging as new growth hubs, says Dun & Bradstreet report
Private investment has been constrained by several factors over the years
Even for 2025-26, miscellaneous capital receipts were budgeted at ₹47,000 crore, but were later revised down
The Union Budget for 2026-27 has also placed a clear bet on urbanisation as an engine of growth
Experts say announcements focus on sustenance of growth, resilience
the 16th Finance Commission kept tax devolution at 41%, added GDP contribution as a new criterion, dropped revenue deficit grants, and pushed states towards stronger fiscal discipline
> Expects GDP to grow at 6.8-7.2% in FY27 amid macroeconomic stability > Says ₹ 'punching below its weight', geopolitics shaping capital flows
Fiscal indiscipline at the state level casts a shadow on sovereign borrowing costs
As the Union Budget nears, the focus must shift to debt, deficits, and borrowing from household savings, and how these choices affect private investment, manufacturing growth, and jobs
Why does economic growth matter more than new taxes in Budget 2026? This video explains tax buoyancy and how tax revenue grows with GDP, using Budget data from FY19 to FY26. It breaks down key numbers
The Centre's higher gross borrowing won't be a challenge in FY27, but the increasing size of state development loans is a concern
The forthcoming Budget could think of maintaining public capital expenditure at 3% so that domestic resources are available for private investments
Economists expect the Union Budget to peg FY27 nominal GDP growth at 10-10.5%, aided by rising inflation and a low base, influencing debt and fiscal metrics
They can help ensure that India remains on a high-growth trajectory over the next two decades
The report suggests that growth in aggregate revenue receipts slowed to 7.2 per cent year-on-year during April-November 2025
India's economy is expected to grow at 7.5 per cent in 2025-26 with upward bias, marginally higher from NSO's estimate of 7.4 per cent, according to a report by State Bank of India. The First Advance Estimates released by National Statistics Office (NSO) on Wednesday put GDP growth in 2025-26 at 7.4 per cent as compared to 6.5 per cent in the previous fiscal. The RBI has projected the growth rate at 7.3 per cent. The gross value added (GVA) growth is estimated at 7.3 per cent and nominal GDP expansion at 8 per cent. Historically, the difference between Reserve Bank's estimate and NSO's estimate is 20-30 basis points and hence the 7.4 per cent estimate is quite expected and reasonable, said the research report from SBI's Economic Research Department. "We, however, believe that GDP growth for FY26 would be around 7.5 per cent with upward bias. The second advance estimates, incorporating additional data and revisions, are scheduled to be released on February 27, 2026. "So, all these
Nominal growth expected at 8%, slowest since FY21; fiscal deficit target likely to be met