Year Of Surprise News
Michael J. Sandel | Lessons from the populist revolt
The populist revolt highlights the need to rejuvenate democratic public discourse, and address the big questions, including moral and cultural issues
5 min read30 Dec 2016George Soros | Open society needs defending
Open societies are in crisis, and various forms of closed societiesfrom fascist dictatorships to mafia statesare on the rise
7 min read30 Dec 2016Joseph Stiglitz | The age of Donald Trump
With the arrival of Donald Trump the coming year may well be remembered as a turning point in US and world history
5 min read30 Dec 2016Bernard Haykel | Can Saudi Arabia reform itself?
Saudi Arabia's ongoing transformation should not be underestimated. Its success or failure could affect stability not only in the Middle East, but also the world
4 min read30 Dec 2016Minxin Pei | Xi Jinping’s year of living dangerously
Xi Jinping's influence will be put to test next year, when the Chinese Communist Party holds its 19th National Congress to select his new team
4 min read30 Dec 2016Jim O’Neill | Which way for emerging markets?
EM outlook for 2017 says US will expand stimulus policies, and tighten monetary policy, leading to a stronger dollara potential problem for emerging markets
4 min read30 Dec 2016Kaushik Basu | Economic impossibilities for our grandchildren?
If we have learned anything in 2016, it is that leaving everything to the market can lead to social and political turmoil
4 min read30 Dec 2016Maciej Kisilowski | How Eastern Europe blew up the West
Hungary and Poland were 'early adopters' of illegal democracy, which is now making inroads in the West, reflected by Trump victory and UK's Brexit
5 min read30 Dec 2016Margaret Macmillan | The New Year and the new populism
Economists can argue that living standards have improved, but cannot counter the unhappiness of people who feel marginalized, undervalued, and scorned
5 min read30 Dec 2016Abdullah Gul | A Middle East peace agenda for 2017
Middle East conflicts are affecting the world by exporting terrorism and refugeesproducts that are contributing to populism and authoritarianism in the West
4 min read30 Dec 2016Popular 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