Next-generation trade reforms are urgently needed to stave off a balance of payments crisis Business Standard, 1 week ago
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Developing countries have benefitted greatly from globalisationBusiness Standard, 2 weeks ago
Even as the Centre has contained its fiscal deficit at 3.2% for FY18, the states are looking the other way and their gross market borrowings next financial year are estimated to jump by nearly 22% to Rs 4.5 lakh crore, says a report by rating agency Icra. The ...Deccan Herald, 1 day ago Gross market borrowings of state governments estimated to rise by nearly 22 pct to Rs. 4.5 trillion in FY2018, says ICRA Business Standard, 3 days ago
The ripples from November 8 may be seen in next year's state budgets.Ishan Bakshi and Nitin Sethi report. Even as the granular picture of the consequences of the 14th Finance Commission on state finances emerges, demonetisation threatens to disrupt states' fiscal planning this year end. With revenue expenditure being sticky in nature, states may be compelled to axe capital expenditure to compensate for the fall in revenue receipts this year. This reversal in trend could have grave ...Rediff.com, 2 months ago
"However, the states may not be able to appreciably compress their revenue expenditure below the projected level, as a result of which their revenue balances may be weaker than they forecast. Nevertheless, some State Governments may choose to curtail their ...India Infoline, 2 months ago
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