Budget expectations: On February 1, 2025, Union Budget will be presented by Finance Minister Nirmala Sitharaman at the Lok Sabha. Income taxpayers are expecting significant tax breaks. The taxpayers may expect some big changes as PM Narendra Modi and President Draupadi Murmu hinted at some major shakeup. Ahead of the Budget 2025, President Draupadi Murmu suggested … Read more
Dominican Republic President Luis Abinader was re-elected on May 19 for another four-year term, an endorsement of his handling of the economy and tough policies toward migration from Haiti. The two nations share the Caribbean island of Hispaniola, but the much more prosperous Dominican Republic stands in stark contrast to its poverty and gang … Read more
After five years of steadfast leadership under Mr. P.V. Narasimha Rao, India witnessed some one of its the most unstable years politically, between 1996 and 1999. The cause for this was largely the two consecutive United Front governments and the short-lived Vajpayee government. The United Front (UF) experiment between 1996 and 1998 was a non-Congress, … Read more
New Delhi: The government is likely to stay on the fiscal course-correction glide path in the interim budget for FY25, shunning populist spending or incentives ahead of the summer general election, said people aware of deliberations on the subject. The post-Covid-19 fiscal consolidation roadmap proposed by the government estimates the fiscal deficit at 4.5% of … Read more
Malaysian opposition leader Anwar Ibrahim shows his inked finger after voting at a polling station in Seberang Perai, Penang state, Malaysia on November 19, 2022. | Photo Credit: AP Malaysia tumbled into fresh political turmoil Sunday after a tightly contested general election delivered a hung Parliament with no clear winner and a surprising surge of … Read more