Fiscal Prudence News Today

we think theyre the right plans because those plans make our economy competitive. and european countries scramble to protect key infrastructure, following the suspected sabotage of two critical gas pipelines. we start in florida where hurricane ian, a powerful category four storm, is right now making landfall, bringing with it winds of almost 250 kilometres per hour. heavy rain is lashing the west coast. millions of people are braced for catastrophic damage and life—threatening storm...

The dust has settled. We have laid to rest a great statesman. Rest in eternal peace, Dr Hage Gottfried Geingob, son of the Namibian soil.

"We have all put in the hard work, and this has always been a true team effort," Gov. Chris Sununu said.

RBI MPC Meeting: The Reserve Bank of Indias rate-setting panel, known as the Monetary Policy Committee (MPC), is expected to keep the repo rate unchanged at 6.5 percent. Economists predict that there may be a change in stance from withdrawal of accommodation to neutral. According to an ET Poll of 12 economists, significant rate adjustments are not expected. However, some economists suggest that a fiscally prudent budget and global monetary easing could influence the central bank to adjust its st...

Budget News: The Finance Minister on February 01, 2024, delivered a truly innovative interim budget. At first glance, it did not seem like an interim budget but lo

Political outcomes seem increasingly detached from economic realities, raising concerns among citizens

Even from a capex perspective, the numbers presented are encouraging. At an allocation of ₹11.11 lakh crore for 2024-25, the capital expenditure outlay for 2024-25 is 17% higher than the revised capex estimate of ₹9.5 lakh crore in 2023-24.

The spending on three most important subsidies, namely food, fertiliser and petroleum is expected to come down from ₹4.13 lakh crore in 2023-24 (RE) to   ₹3.81 lakh crore | Latest News India

The Vote on Account presented by finance minister Nirmala Sitharaman, aligns perfectly with Prime Minister Narendra Modis vision of fostering a resilient, inclusive, innovative, and green India. The focus on fiscal prudence, green growth, capex push, and skilling is encouraging for sustainable development. The budget outlines a strategy for the next five years with a focus on Amrit Kaal and initiatives for upliftment of the poor, women, youth, and farmers. The important areas in the budget inclu...

Budget News: Finance secretary T V Somanathan discusses the government's focus on fiscal prudence and its goal of making India a developed country by 2047. Find out more about the Interim Budget and its roadmap for the future.