Reforms in states
The first generation of fiscal reforms in the states started with the enactment of Fiscal Responsibility and Budget Management Acts (FRBMA) between 2006 and 2010 at the prodding of the 12th Finance Commission.
The first generation of fiscal reforms in the states started with the enactment of Fiscal Responsibility and Budget Management Acts (FRBMA) between 2006 and 2010 at the prodding of the 12th Finance Commission.
Fiji Prime Minister Sitiveni Ligamamada Rabuka effusively praised Prime Minister Narendra Modi on Wednesday and called him the real "Boss" of the world.
The International Monetary Fund (IMF) retained its growth projection for India at 6.5 per cent for FY26 and FY27, holding that it is “in line with potential.”
Anura Kumara Dissanayake’s meteoric rise to the presidency in Sri Lanka has been followed by a sobering realisation: the promises made during a campaign in the heat of a national crisis are far easier to make than to keep.
The Indian Mountaineering Foundation (IMF) has posthumously conferred the prestigious Nain Singh-Kishan Singh Lifetime Achievement Award on former Border Security Force (BSF)
Under the Extended Funding Facility (EFF) $7 billion bailout programme for Pakistan, it was agreed that a progress review would be done every six months.
A recent IMF report offers key insights for India amid an increasingly debt-laden global economy.
The recent IMF report presents a mixed picture of the global economy: the immediate threat of recession has receded, and inflation is gradually stabilising, yet a new alarm has been sounded on the surging levels of global debt.
The level of uncertainty surrounding the global economic outlook is high, the report noted on Tuesday
For India, the October outlook projects a headline inflation figure of 4.4% for FY25 and 4.1% for FY26.
