Fiscal strain: Moody’s says tax cuts slow govt revenue; will it limit support for the economy?
India faces tighter finances as tax cuts reduce revenue. Moody’s Ratings notes this limits government economic support. Lower tax collections are impacting fiscal goals. Easing ...
GDP outlook: SBI forecasts Q2 growth to hit 7.5% — here are the factors driving momentum
India’s economy is poised for robust growth, with projections indicating a 7.5% expansion in Q2 FY26. This surge is fueled by increased investment, recovering rural ...
16th Finance Commission submits report to President
Navigating India’s Fiscal Future: A Look at the 16th Finance Commission Report The halls of power in Delhi have just received a crucial document, one ...
India’s growth to be ‘north of 6.8%’: CEA Nageswaran upbeat on FY26 outlook; cites boost from GST cuts & tax relief
Chief Economic Advisor V Anantha Nageswaran is confident India’s FY26 economic growth will surpass 6.8%, driven by increased consumption from GST rate cuts and income ...
Global economic turmoil: IMF wants world leaders, central banks to ‘buckle up’; here’s the 4-pronged strategy it recommends
Amidst global economic turmoil, the IMF urges world leaders to ‘buckle up’ with a four-pronged strategy. This involves building fiscal buffers, strengthening trusted institutions, deepening ...
OECD sees India growing at 6.7% in FY26, S&P at 6.5%
India’s Economic Ascent: A Glimpse into the Future India’s economic story continues to captivate global attention, and the latest projections from leading international organizations paint ...
France credit downgrade: Fitch cuts rating to A+ from AA- in a record low
Fitch has downgraded France’s credit rating to A+ due to concerns over rising public debt, projecting it to reach 121% of GDP by 2027. This ...
Debt alarm: US national debt hits record $37 trillion, pace doubles with trillion added every five months
The US national debt has surpassed $37 trillion, exceeding pre-pandemic forecasts due to Covid-19 spending and recent tax cuts. Experts warn that this rapid debt ...
Tax collections dip: Net direct tax mop-up falls 1.34% to Rs 5.63 lakh crore as refunds surge; gross receipts rise 3.17%
India’s net direct tax collections experienced a slight decrease of 1.34% year-on-year, totaling Rs 5.63 lakh crore between April 1 and July 10 of FY26, ...
Govt appoints RBI DG T Rabi Sankar as 16th Finance Commission member
T Rabi Sankar, Deputy Governor of the Reserve Bank of India, has been appointed as a part-time member of the 16th Finance Commission, according to ...
