Fiscal Policy News
Japan is out spending. Bond markets seem nervous about picking up the tab.
Prime Minister Sanae Takaichi plans to increase spending as Japan’s central bank is considering raising interest rates.
3 min read8 Dec 2025Markets with Bertie: Should we be range-hitting?
Through a cricket coaching lens, Bertie explores why a loose fiscal policy is not for India, despite the allure of the T20-style growth seen in US and China.
3 min read8 Dec 2025Targeting public debt is suitable in the current uncertain times, says CEA Nageswaran
Creating a rule that cannot be adhered to on an annual basis damages credibility, says chief economic advisor V. Anantha Nageswaran.
2 min read3 Dec 2025Nouriel Roubini: Milei’s reforms have set Argentina on a path to recovery after years of debt trouble
After years of debt crises and runaway inflation, Argentina may finally be breaking free of its economic troubles. Javier Milei’s economic reforms could put the country on a path to success—if he can keep investors’ faith and hold the Peronists at bay.
4 min read11 Nov 2025Tough task: The 8th Pay Commission must bat for public capacity but within fiscal limits
The latest pay panel has a tough task ahead of it now that its terms of reference have been set by the government. Fiscal caution is point No. 1 but India must enhance governance capacity. To get it right, the panel should put various aspects of public employment to close scrutiny.
2 min read30 Oct 2025Global outlook: The world economy seems stable but that doesn’t mean the storm has passed
Global growth has weathered this year’s uncertainty and geopolitical shocks so far, but hidden structural weaknesses could worsen as economies slow down. Policymakers must push for resilience-focused reforms in case the worst is yet to come.
4 min read16 Oct 2025Big promises, bigger gaps: Effective climate action demands a cohesive policy approach
India has set bold climate targets, but ambition alone won’t deliver results. Without a unified legal and fiscal framework to manage trillions in green spending, pledges risk staying on paper. Can legislative action make a difference?
3 min read14 Oct 2025India’s GST overhaul has much to write home about but we can’t ignore its fiscal consequences
The country’s revised goods and services tax regime is more coherent and rational than what it replaced. Prices should fall while inverted levies get sorted out and small units are incentivized to register for GST. But don’t forget the downside risk: It could strain the public exchequer.
4 min read2 Oct 2025Can India escape the debt trap that rich economies are staring at?
Governments across the world see debt-funded public spending as an easy way to overcome economic slowdowns. But the costs it imposes—especially on unborn taxpayers—mustn’t slip out of consideration. Does the West need a sharper reminder of it than we do?
2 min read25 Sep 2025Big, beautiful budgets: not just an American problem
Across the rich world, governments are splashing the cash. What could go wrong?
4 min read30 Jun 2025Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared
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