Hao Zhou, Guotai Junan International's chief economist, says that it is still a "question mark" on whether China's domestic ...

Indias fiscal deficit calculations for FY25 might be impacted by a lower-than-expected economic growth forecast of 9.6%.

GDP estimation undergoes several revisions over a period of time but the first advance estimates form the basis of ...

Currently, the government spending cycle, notwithstanding this years blip (which we think is a blip, and we will discuss the ...

As a result, the nominal GDP base, the foundation for all budget calculations, is expected to fall short by approximately ...

The Cabinet meeting on January 7, 2025 approved the annual expenditure budget for fiscal year 2026 amounting to 3.78 trillion ...

Emphasis on fiscal consolidation, tax system simplification, and investment-driven growth, in the Budget 2025 will lay a solid foundation for sustained economic development in India, asserted global ...

Ernst & Young India highlights the need for fiscal consolidation, simplified tax reforms, and heightened investment to drive ...

The Centre is expected to meet its fiscal deficit target of 4.9% of GDP for the current financial year, aided by lower spending despite marginally low ...

India is on the path of fiscal prudence as the government has spent around 52.5 per cent of the budget estimate (BE) of its ...

The GDP growth is expected to be about 6.3 per cent in the current fiscal year, a tad lower than the government's estimates ...

EY expects the upcoming Budget to prioritize tax simplification, reduced personal income tax, and boosting private investment ...