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BEIJING, Jan. 20 (Xinhua) -- China spent more than 400 billion yuan (61.73 billion U.S. dollars) of fiscal funds on fighting COVID-19 by the end of November 202

With this, the states aggregate gross fiscal deficit (GFD) will not only get expanded to an all-time high of Rs 8.7 lakh crore, or 4.7 per cent of GSDP, but also skew its composition towards revenue deficit which is relatively less value-accretive towards future tax potential, the report said.Thou

Photo Credit: IANS IANSLive Tokyo, Jan 18 (IANS) Japans Diet or Parliament on Monday started a 150-day regular session, during which the government plans to submit bills including the revision of the special law on Covid-19 pandemic to better combat the outbreak as well as legislation on establish a new digital agency. To get full access of the story, click here to subscribe to IANS News Service © 2021 IANS India Private Limited. All Rights Reserved. The reproduction of the story/photograph i...

Only 29pc of PSDP funds utilised in 1st half of fiscal year Top Story January 18, 2021 ISLAMABAD: Despite tall claims about revival of the national economy, the government has, so far, utilised only Rs168 billion, or 29 per cent of the total allocated amount of Rs577 billion, for the Public Sector Development Programme (PSDP) during the current fiscal year. The utilisation of the development funds has been dismally slow in the first half (July-Dec) period of the fiscal year 2020-21, as bureau...

Read more about Top headlines: WhatsApp defers privacy terms, low turnout for Covid shot on Business Standard. From WhatsApp deferring privacy terms to low turnout for the Covid shot, Business Standard brings you the top headlines

ISLAMABAD: Despite tall claims about revival of the national economy, the government has, so far, utilised only Rs168 billion, or 29 per cent of the total allocated amount of Rs577 billion, for the...

Democratic victories in both special elections in Georgia on January 5 have gifted US President-elect Joe Biden control of the Senate - and of Congress overall.

Chan said in an online article that the unemployment rate during the October-December 2020 period will continue to spike and even surpass the 16-year high, a level reached recently, reports Xinhua news agency.Alth

Photo Credit: IANS IANSLive New Delhi, Jan 17 (IANS) Rising trade deficit along with chances of a populist budget might dampen rupees prospects during the coming week. To get full access of the story, click here to subscribe to IANS News Service © 2021 IANS India Private Limited. All Rights Reserved. The reproduction of the story/photograph in any form will be liable for legal action. For news, views and gossips, follow IANS at Twitter. Update: 17-January-2021

Message : Required fields CHICAGO, Jan 15 (Reuters) - A big burst of federal aid for U.S. states and local governments in Democratic President-elect Joe Bidens massive fiscal stimulus plan helped higher-yielding debt from lower-rated issuers in the U.S. municipal bond market on Friday. While Municipal Market Datas (MMD) benchmark triple-A yield scale was unchanged in the wake of the Thursday evening unveiling of Bidens $1.9 trillion proposal, the prospect for $350 billion in new federal funding...