Decoding the Budget: Two Cheers, the third depends on Trump effect
The middle class swooned with delight at the tax cuts in the budget, but the stock markets barely moved. Why so? Because finance minister Nirmala Sitharaman's speech about a bright…
‘Wish could bring taxes to nil, but India’s challenges..’: FM Nirmala Sitharaman on taxing middle class
Union Finance Minister Nirmala Sitharaman on Tuesday said that if it was in her hands, she would have reduced taxes to almost nil for all. She cited that the taxation…
Lower govt borrowing to prop up growth, moderate inflation, says RBI Governor Shaktikanta Das
Reserve Bank Governor Shaktikanta Das on Monday said lower government borrowings than the market estimates will free more capital for the private sector resulting in easing of inflation and bolstering…
Republicans pass bill to avert US debt crisis, slash spending
US Republicans voted Wednesday to raise the national borrowing limit, but only in conjunction with drastic cuts, as they sought a showdown with President Joe Biden over "excessive" spending with…
Net direct tax collections For FY 23 at Rs 16.61 lakh crore, exceeds RE by Rs 11,000 crore
The Centre has exceeded the revised Direct tax target for the financial year 2022-23 by Rs 11,000 crore, on the back of a resilient economy, provisional data released on Monday…
Fiscal deficit till February hits 83 per cent of FY23 target at Rs 14.5 lakh crore
The Centre's fiscal deficit hit 82.8% of the revised estimate (RE) until February this fiscal year, just a notch higher than the 82.7% a year before, according to the official…
How much will the wildfires cost?
By Jill Cowan The fires across the West have continued to burn, continued to kill people, and continued to incinerate homes and fill our air with smoke. Firefighters have continued…