Tuesday, 24 May, 2022
TopicFiscal deficit

Topic: fiscal deficit

India’s oldest mutual fund expects high market volatility after assembly polls this year

UTI AMC expects political uncertainty to play out in the coming months and have the most bearing on government bonds.

Indian rupee at historic low, falls 43 paise to hit 73.34 against dollar

Forex dealers cite strong demand for the dollar from importers and fears of rising fiscal deficit and capital outflows as factors

Indian economy is better off than in the dark days of 2013

Here are some indicators to show why the Indian economy is better off than in 2013 when it bore much of the brunt of the ‘taper tantrum’.

All’s not well with the Indian economy even after 4 years of Modi at the top

Data showed a positive change in India’s economy after Modi tweaked the GDP calculation, but those gains got eroded after 2016's sudden cash clampdown.

On Camera

YourTurn

Representational image | Patient suffering from monkeypox | Photo: CDC/Getty Images via Bloomberg

Monkeypox doesn’t pose Covid-sized threat, no reason to panic

There are uncertainties about this outbreak to iron out, but all the pieces are in place to study, treat and ultimately contain monkeypox infections.

World’s $300 trillion in debt. Here’s what it means for services like health, education

To meet debt payments, at least 100 countries will have to reduce spending on essential services, the IMF estimates.

Defence

Boeing's F/A-18 Super Hornet pulls off its first successful launch from a ski-jump at Naval Air Station Patuxent River, US | Photo credit: Boeing

2 American Super Hornets in India as Boeing looks to showcase fighters for Navy deal

Navy looking at about 26 multi-role deck-based fighters for its aircraft carrier. Visit by Super Hornets comes close on heels of similar trip by competitor Rafale M of Dassault Aviation.

Mandir or Masjid? New surveys not needed, just acceptance of truth & move towards reconciliation

That temples were destroyed and mosques built is undisputed history. The past can’t be changed, but we can’t deny the wrongs of the past either before we consider reconciliation.
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