Page 5 - Total Size News Today : Breaking News, Live Updates & Top Stories | Vimarsana

It’s a fiscally expansionary budget which is not reckless ByAjit RanadeAjit Ranade / Updated: Feb 2, 2021, 06:00 IST fiscal stimulus that was mostly absent during the pandemic year Lok Sabha by the finance minister on Monday. Its total size is nearly Rs 35-lakh crore. That is Rs 27,000 per man, woman, child of India. How is this money going to be raised? More than one third, i.e. Rs 12-lakh crore, will come from fresh borrowing. That is the funding gap, or the size of the fiscal deficit. It is too large. In fact, it is estimated to be 6.8 per cent of next year’s GDP, assuming that GDP w...

Nora Awolowo New analysis by ActionAid International and The Robin Hood Tax Campaign ActionAid International and The Robin Hood Tax Campaign are today (12 December) calling on G7 countries to make good on their commitment – enshrined in Article 8 of the Paris Agreement – to provide finance to support the world’s poorest countries to recover from the damage caused by the climate crisis. The organisations argue that G7 countries can make significant strides in funding to tackle loss and damage by accelerating reductions in fossil fuel subsidies and redirecting support fro...

Russian diplomats, yes, it is significant, it is a good sign, namely because it was a multilateral action, but it is not that big of a deal. it hats happened before. it isn't always publicly known when these things happen. it is meaningful, but it is not the type of thing that is really going to harm putin. you want to harm putin, go after all the money they laundered through the united states. that is when we know it is serious. >> that is right. if you want to send a message, these tit for tat games in the end don't amount to very much because quietly over a period of time those heads will b...