The 2024 Article IV consultation discussions have now ended with the signing of a staff-level agreement between the IMF senior mission chief and the deputy mission chief.
While Rs 13,784 crore is earmarked for agriculture, education sector gets ₹16,987 crore in 2024 budget. Another Rs 7,780 crore allocated for providing free power to households.
While court order reportedly has recognition in some parts of China, the question is how far would Chinese courts recognise attempts to seize assets of indebted property developer.
Northeastern states feature among the most indebted. Many of these states also have high levels of committed expenditure, which means they have less left over for capital creation.
Congress govt tables white paper on state finances in assembly, to highlight 'poor fiscal marksmanship' under K. Chandrashekar Rao in the last 9+ years — ever since Telangana's formation.
Govt, RBI term IMF’s exchange rate re-classification as arbitrary. They also disagree with its assertion that India’s general govt debt-GDP ratio could exceed 100% of GDP in medium term.
With tax revenue not doing as well as needed, govt has few choices before it: reduce subsidy-led revenue expenditure, cut back on growth-oriented capex, or miss its fiscal deficit target.
Indian govt's status paper presents a consolidated picture of country's debt position & emphasises the need to improve liquidity in the debt market by diversifying the investor base.
‘SCO should work together to promote stability & prosperity in region’, he says at Bishkek summit, calls India-Middle East-Europe corridor 'enabler' of economic prosperity.
Response came after Raj Bhavan sought details of state incurring additional debt of Rs 50,000 cr since AAP came to power. Opposition leaders allege CM is taking people for ride.
‘Cassette culture’ discusses the boom of Bhakti music during the '80s and '90s when Anoop Jalota, Gulshan Kumar saw the pinnacle of success by singing the sanitised Bhajans.
Economists say there are weaknesses in India’s GDP data. But statisticians claim the accusations are based on flawed understanding, saying while GDP has problems, the economists are looking in the wrong places.
Both the governments expressed their commitment to strengthening their maritime cooperation to strengthen the maritime safety and security framework in the region.
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