High public debt and rising borrowing costs are increasing financial risks due to which governments should curb spending, raise revenue and strengthen market safeguards.
Within days, the newly appointed Chief Ministers will convene with their Finance Secretaries, and these discussions will have nothing to do with electoral vote shares.
Accessibility & perception of profitability add to the appeal of online betting apps & sites, but the risks are unavoidable. Consequences of addiction can often be tragic.
If quantum of off-budget borrowings is included as part of debt, govt's overall liability was 44.27 percent of GSDP in 2023-24, public watchdog says in report.
New Delhi plans to borrow 17.2 trillion rupees ($187 billion) in the year starting April 1, Finance Minister Nirmala Sitharaman said in her budget speech on Sunday.
Pakistan's Ishaq Dar says the powerful military backed conglomerate will take the lead of converting loans extended by UAE into a stake, as Islamabad’s external debt load grows.
Debt-burdened farmers cling to paddy even as it drains soil, water, and future prospects. ‘Crop diversification is a nice buzz word but nothing’s done at the policy level.’
Economic activity has rebounded in LMICs post pandemic, but the debt accumulated in that period has continued to grow, driven by both short & long-term debt.
There should be a public health advisory before every World Cup knockout game in which Argentina plays. And, Lionel Messi needs to stop giving his fans panic attacks.
Rather than open offices in India, many UK firms are strengthening India teams & partnerships to meet expected demand for advice on international disputes, arbitration & regulatory matters.
Ottawa has handed over execution functions of critical defence projects to a CEO-led organisation for reducing procurement timelines and making it solely accountable for outcomes.
The Congress party’s abandonment of nationalism is the most intriguing aspect of its post-2014 politics. The real Congress was never a party of bleeding heart pacifists.
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