Page 97 - Fiscal News Today

How will the economy pan out this fiscal? × Thanks to the second wave of Covid, double-digit GDP growth seems elusive and household finances will weaken further The second wave of Covid-19 has made 2021 worse than 2020. The year began with almost normal economic activity, only to be marred by the resurgence of Covid infections beginning February 2021. Although it was initially largely concentrated in Maharashtra, it has spread quickly through the entire country. One major difference in 2021 ...

Statement on State’s General Budget for Fiscal Year 2020 budget SHARE Muscat: The Ministry of Finance (MOF), in coordination with the Supreme Council for Planning (SCP) on Wednesday issued the statement on the State’s General Budget for the fiscal year 2020. This statement presents key financial and economic indicators for FY 2020, and the preliminary results of FY 2019. This is in order to ensure transparency and to inform the citizens, investors, domestic and internati...

Photo Credit: IANS IANSLive United Nations, May 12 (IANS) The UN forecasts Indias economy to grow by 7.5 per cent this calendar year and rebound to 10.5 per cent next year with the caveat that the outlook is "highly fragile" because of the brutal Covid-19 second wave. 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 new...

Photo Credit: IANS IANSLive United Nations, May 12 (IANS) The UN forecasts Indias economy to grow by 7.5 per cent this calendar year and rebound to 10.5 per cent next year with the caveat that the outlook is "highly fragile" because of the brutal Covid-19 second wave. 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 new...

Photo Credit: IANS IANSLive United Nations, May 12 (IANS) The UN forecasts Indias economy to grow by 7.5 per cent this calendar year and rebound to 10.5 per cent next year with the caveat that the outlook is "highly fragile" because of the brutal Covid-19 second wave. 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 new...

Chinese provinces have reported a fast recovery in their fiscal revenues during the first quarter of the year, with collections returning to pre-pandemic levels while transfers for fiscal spending accelerated to provide support for public welfare, the Economic Daily reported on Wednesday.

Photo Credit: IANS IANSLive Washington, May 4 (IANS) The Biden administration on Monday raised the annual ceiling for new refugees allowed into the US to 62,500, after its decision last month to keep the number at the level set by the previous administration caused backlash. 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. F...

Photo Credit: IANS IANSLive Washington, May 4 (IANS) The Biden administration on Monday raised the annual ceiling for new refugees allowed into the US to 62,500, after its decision last month to keep the number at the level set by the previous administration caused backlash. 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. F...

Yellen says doesn’t see Biden plan creating inflation ‘issue’ Premium (REUTERS) . Updated: 02 May 2021, 07:38 PM IST Bloomberg Another top Biden administration economic adviser said inflation now apparent in certain pockets of the economy is transitory as the nation exits the pandemic Share Via Read Full Story President Joe Biden’s economic plan is unlikely to create inflation pressure in the U.S. because the boost to demand will be spread out over eight to ten years, said Treasury Se...

Second wave restrictions: Crisil says multiplexes to be on losses; may recover only in FY23 SECTIONS Last Updated: Apr 30, 2021, 05:21 PM IST Share Synopsis The sector, arguably one of the worst impacted in the pandemic, can look at a recovery only in the next financial year, the report by domestic credit rating agency Crisil said. Agencies The spread of infections, the success of the vaccination drive, and the return of moviegoers (setting aside their fear of closed spaces) will be monitorable...