In a low-income country, there will always be competing demands for resources
Gross domestic product is estimated to expand 2.68 per cent in the fiscal year through June, Pakistan Bureau of Statistics said Tuesday
In the past one month, CARE Ratings stock has zoomed nearly 30 per cent, as against 5.7 per cent rise in the BSE Sensex.
Economists say India's fiscal deficit may widen if tensions with Pakistan persist, although the broader economic impact is expected to be limited if conflict remains contained
S&P Global Ratings on Friday cut India's growth projections by 0.2 percentage points to 6.3 per cent for the current fiscal year citing uncertainty over the US tariff policy and downside risks from its spillover to the economy. In its report titled "Global Macro Update: Seismic Shift In US Trade Policy Will Slow World Growth", S&P Global Ratings said "we reiterate that there are no winners in a scenario of escalating protectionist policies." S&P said among Asia-Pacific's major economies, China is expected to see its growth drop by 0.7 percentage points in 2025 to 3.5 per cent and in 2026 to 3 per cent. S&P projected India's GDP growth to be 6.3 per cent in 2025-26 and 6.5 per cent in 2026-27 fiscal year. In March, S&P had lowered the FY'26 GDP growth forecast to 6.5 per cent, from 6.7 per cent. "The risks to our baseline remain firmly on the downside in the form of a stronger-than-anticipated spillover from the tariff shock to the real economy. The longer-term ...
Strengthening existing economic centres, rather than building greenfield cities, is key to faster state-level growth
In the past 25 years, India's growth rate has been stuck around 6 per cent except the period 2006-10, when India briefly reached 8 per cent
UPSIDA will facilitate big-ticket investments and "ribbon development" in Ex-LIDA
Amid the global noise, India may well emerge as a relatively safe harbour and possibly a beneficiary in the long term as global supply chains readjust
Andhra Pradesh Chief Minister N Chandrababu Naidu on Wednesday appealed to the Sixteenth Finance Commission to raise the vertical devolution of central taxes from the existing 41 per cent to 50 per cent, besides support in rebuilding the state through special financial assistance. Naidu's appeal assumes significance as the TDP, which the AP CM heads, is a key ally in the BJP-led NDA government at the Centre. The support of TDP's 16 Lok Sabha members is crucial to Prime Minister Narendra Modi's government. "Increase the vertical devolution share from 41 per cent to 50 per cent. Address the decline in horizontal devolution to southern statesfrom 24.3 per cent (10th Finance Commission) to 15.8 per cent (15th Finance Commission)," an official release quoted Naidu as requesting the commission. Andhra Pradesh's share in horizontal devolution is below its share in the national GDP and population, causing a "fiscal disadvantage", claimed Naidu. The Sixteenth Finance Commission, headed by .
Inflation outlook for India improves on sharp decline in food prices and record wheat and pulse production
Using GST data could help correct inflated real growth figures
The combined expenditure of the Centre and state governments increased hugely in 1980s-by almost 10% of gross domestic product (GDP) to 27 per cent of GDP by 1991, and has remained high since then
BoP witnesses depletion of $37.7 billion
Himachal Pradesh's revenue deficit is expected to be around 30 basis points higher than the budgeted 2.5% of gross state domestic product (GSDP) in FY26
Southern states reject population-based formula, demand GDP-based representation and legal safeguards against unfair redistribution. Archis Mohan writes
The Standing Committee urged the DEA to revisit the existing practice of allocating funds that are not directly related to the department - such as allocations for new schemes that are not finalised
FM Sitharaman says factors of production being reset after pandemic
Tamil Nadu is projected to grow over 8% in 2024-25, driven by policy reforms, infrastructure development, and economic diversification
The State of India's Digital Economy Report 2025 says that India is the third largest digitised country in the world at an aggregate level