scorecardresearch
Add as a preferred source on Google
Thursday, September 25, 2025
TopicFiscal crisis

Topic: Fiscal crisis

Six months in, Sukhu-led Congress govt in Himachal faces a grim fiscal outlook

Himachal's treasury has notched up overdraft of Rs 1,000 cr in 1st quarter, it is learnt. Congress's poll promises are expected to burden the state's coffers further.

Freebies, bailouts, revival of pension scheme — why many states are at risk of fiscal stress

Power sector reforms, preventing leakages in subsidies payments and avoiding fiscally unwise decisions like reversion to old pension system can help improve their financial health.

How fiscal regression can force Modi govt to take sub-optimal economic decisions

Govt is being sensible in asking for bigger RBI dividend & raising petroleum taxes. But Covid is increasing fiscal stress caused by preceding economic slowdown.

Why Modi govt doesn’t have the money to spend on Covid crisis & how it can fix the problem

Emerging from the Covid crisis, the Centre will have to take a fresh approach to reviving growth, re-visiting fiscal balance with states, re-imagining GST etc.

Modi needs to give migrant workers a ‘New Deal’ to get them back to the cities

Migrant workers tossed out of cities with no food, shelter or transport won't return without a New Deal: Nest eggs for old age and healthcare.

Indian businesses are getting desperate as there’s no sign of fiscal package from Modi govt

As their cash-flow dries up, and in the absence of any fiscal support, many Indian businesses say they will be forced to cut jobs to curb costs.

Facing a fiscal crisis for long, Modi govt now seems to be pushing states into a crisis too

Either Modi govt is expecting a revenue windfall that will be passed on to states, or states will be squeezed even further. My guess is it will be the latter.

How does the world solve its $250 trillion-debt problem? Borrow more

Experts say debt is not a problem as long as it is sustainable. The issue is whether the massive generation of debt since the global financial crisis is going to be profitable.

RBI launched massive crackdown on NBFCs amid cash squeeze last fiscal

RBI cancelled registrations of 1,851 NBFCs in the year ended March 31, more than 8 times those in the previous year.

Foreign sovereign borrowing is dire addiction, warns member of Modi’s economic panel

PMEAC member Rathin Roy says India is facing a silent fiscal crisis, all countries that have opted for overseas debt issuances have paid dearly.

On Camera

Bads of Bollywood brought Emraan Hashmi out of our guilty pleasure closet, made him cool

With his cameo in Bads of Bollywood, Emraan Hashmi, who has long shifted away from his signature bold image, got the chance to revive his boyhood charm.

Market regulator SEBI clears Adani Group of impropriety alleged by Hindenburg Research

SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.

‘Agni’ on the move—India successfully test-fires Agni-Prime nuclear missile from a train

With the latest test, India has the capability to launch a nuclear missile from under the sea, surface, air, and now from a railway network.

India doesn’t give walkovers to Pakistan in war. Here’s why it shouldn’t do it in cricket either

Many really smart people now share the position that playing cricket with Pakistan is politically, strategically and morally wrong. It is just a poor appreciation of competitive sport.