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Thursday, February 5, 2026
TopicBudget gap

Topic: Budget gap

Corporate tax cuts likely to widen India’s budget gap to four-year high

In wake of the corporate tax cuts, India’s fiscal deficit may rise to 3.9% of GDP by March 2020, compared with a target of 3.3% set in July.

Record Rs 1.13 trillion GST collection in April is an exception rather than the rule

Govt needs to more stringently implement programmes to discourage tax evasion & boost compliance of direct & indirect taxes to make this a trend.

On Camera

How much does Trump really know about Iran?

Israel sees Iran as an existential threat. But the US, Turkey & Gulf states fear refugee flows or attacks on oil sites. These countries need a stable end-state for the whole region over more strikes.

Don’t expect big shifts in inflation & growth trends after CPI & GDP base year reset—MoSPI secy Garg

New consumer basket, expanded markets & digital datasets aim to make inflation estimates more representative, says MoSPI Secretary Saurabh Garg. Henceforth, MoSPI aims to revise base yr every 5 yrs.

HAL out, Indian private firm to make Advanced Medium Combat Aircraft fighter, all eyes on lowest bidder

As per the timeline decided, 5 prototypes of India’s own fifth-generation fighter are set to be rolled out by 2031, with the first by 2028 using the GE 414 engine.

Swiss report should now close Op Sindoor debate. Knowing when to stop the fight is key too

The key to fighting a war successfully, or even launching it, is a clear objective. That’s an entirely political call. It isn’t emotional or purely military.