The political rivalry between BJP Rajya Sabha MP Subramanian Swamy and senior Congress leader P Chidambaram took a new turn after the former released details of 21 secret foreign bank accounts of Chidambaram's son Karti. While releasing the details, Swamy ... catchnews.com, 1 month ago
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India’s fiscal deficit trends are a bit like an alcoholic trying, unsuccessfully, to reform. Virtue does not last for too long, says Shankar Acharya. Thirty years ago very few people in India had heard of “fiscal deficits”. The phrase made its debut appearance in an official government document in the 1989/90 Economic Survey of the Ministry of Finance, where it was defined as the excess of government expenditure and net lending over current revenues. It can also be thought of ...Rediff.com, 5 days ago
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