Public Finances News

News

Policy makers must be vigilant about India’s banking sector: Ex-RBI guv Patel

He said the government’s recent steps to include Indian bonds in global indexes opens the door for unstable foreign capital inflows and policy makers must be vigilant about the nation’s banking sector.

2 min read6 Apr 2020
News

Saudi Arabia cuts wage bill of government employees by 20% to cut costs

The Saudi Arabia govt has also decided to suspend wage increases for the lunar year starting next month and curbed allowances for public-sector employees

4 min read27 Sep 2016
Politics

S&P warns India of external shocks

'Less than rock solid' public finances remain a concern for sovereign rating profile, says the ratings agency

1 min read14 Apr 2015
News

Vladimir Putin turns deaf ear to warnings on economy amid Ukraine crisis

Senior Russian officials are sounding warnings as prices rise, the ruble plunges and growth halts, but the President is ignoring their advice

3 min read5 Oct 2014
Politics

Rail fares hiked as Narendra Modi rolls out tough decisions

BJP-led govt approves hikes put on hold by UPA; analysts say slight inflationary impact seen in near term

4 min read20 Jun 2014
Politics

India’s fiscal deficit target getting more challenging: Fitch

The rating agency is also monitoring India’s growth, inflation, public finances and the current account deficit

1 min read26 Aug 2013
Opinion

China’s cash for geopolitics

China’s cash for geopolitics

2 min read5 Oct 2010
Opinion

India’s entitlement dilemmas

India’s entitlement dilemmas

1 min read23 Sep 2010
Opinion

Well-designed budget

Well-designed budget

3 min read26 Feb 2010
Opinion

Bonds expected to benefit in 2009, rupee seen depreciating

Bonds expected to benefit in 2009, rupee seen depreciating

5 min read30 Dec 2008
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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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