Page 35 - Fiscal News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The liquidity drought may be deliberate. Unlike Beijing, New Delhi has every reason to be sanguine about growth. A 7%-plus rate of economic expansion gives it breathing room to slay inflation before embarking on a fresh investment spree after the polls. Unless the Modi government surprises analysts by announcing a populist spending program in its Feb. 1 budget, the reasonable assumption is that its angling for an upgrade to its sovereign rating, which is perched at the lowest rung of investment grade. Meanwhile, the monetary authority is seeking to buttress its credibility as an inflation figh...

OPINION: The Public Purse is a Herald column focused on the public sector and how taxpayer money is spent. The Government programme to provide free period...

India Business News: The growth rate of the combined revenue receipts of the 16 largest states has fallen by almost 80 per cent to 5 per cent during April-November from t

THE 2001 midterm elections were, indeed, a 'baptism of fire' for then-Senate candidate Ralph Recto, despite being a grandson of Claro Mayo Recto Jr., a towering intellectual and passionate nationalist who, in another era, graced the halls of the Philippine Senate. He placed 12th in a race that elected 13 senators, barely edging Gregorio Honasan, who placed 13th. Mr. Recto was propped up by votes cast overwhelmingly in his favor from the precincts of Sultan Kudarat province, hence his early monicker 'The Honorable Gentleman from Sultan Kudarat.' But a win is a win, and no one was able to questi...

Public sector Indian Bank plans to launch a wholly-owned subsidiary with a capital infusion of Rs 10 crore next year. The subsidiary will focus on back-office processing, collection, sales, and marketing. The bank reported a 52% increase in net profits in the October-December 2023 quarter