Will China’s top legislature give the green light to fiscal stimulus package?

Will China’s top legislature give the green light to fiscal stimulus package?

The National People’s Congress (NPC) Standing Committee, China’s top legislative body, will convene in Beijing on Monday to discuss a wide range of issues. A large fiscal stimulus, recommended by several prominent economists and hotly anticipated by investors, is likely to be among them. As markets speculate over the potential size of a fiscal package … Read more

India’s FY24 Fiscal Deficit Hits Rs 16.54 Lakh Crore, 95.3% of Budget Estimate

India’s FY24 Fiscal Deficit Hits Rs 16.54 Lakh Crore, 95.3% of Budget Estimate

India’s April-May 2024 fiscal deficit data has been released. India’s FY24 fiscal deficit stood at 5.6 per cent of the GDP, which was lower than the revised estimate of 5.8 per cent. India’s fiscal deficit during the financial year 2023-24 stood at Rs 16.54 lakh crore, which was 95.3 per cent of the budgeted target, … Read more

Last 10 years a ‘Golden Era’ for Northeast: Amit Shah

Last 10 years a ‘Golden Era’ for Northeast: Amit Shah

Union home minister Amit Shah on Friday said that if the last 10 years in northeast are compared with 75 years after the country’s independence, then this decade will definitely be considered as the golden period of the Northeast. He was addressing the 71st plenary session of the North Eastern Council in Shillong. While all … Read more