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)
The Reserve Bank of India's forex reserves decreased to $635.667 billion from $635.828 billion during the week ended December 10.
The top echelons of these institutions rarely stay in Pakistan, having invested their income in purchasing property and businesses abroad.
The IMF's World Economic Outlook (WEO) kept the gross domestic product (GDP) growth forecasts it had made in July for India, whose Covid-battered economy had shrunk by 7.3 per cent in the last fiscal year.
The country's social stability started deteriorating since the October 2019 uprising, adding to it is the economic impact of Covid-19 and the deadly Port of Beirut explosions in August 2020.
According to the new Prime Minister Najib Mikati, his cabinet is formed of specialists who are keen to stop the country's current collapse by dealing with urgent issues, including the negative repercussions of lifting subsidies.