New Delhi, Feb 9 (IANS) Despite adequate funding and provincial autonomy following the 18th Amendment in Pakistan, Sindh has emerged as a distressing case of policy failure and neglect, according to a new report.The ‘Household Integrated Economic Survey 2024-25’ reflects the paradox, painting two Pakistans — one advancing and the other left behind, according to Express Tribune. For example, Sindh has highest proportion of households (14 per cent) without any toilet facilities — worse than…
Latest fiscal deficit News & Updates
New Delhi, Feb 6 (IANS) The Union Budget 2026–27 emphasises policy continuity, fiscal prudence, and investment-led growth.India’s macroeconomic fundamentals remain strong, with growth indicators robust and fiscal targets achieved with relative ease.As noted in the Economic Survey 2025–26, GDP growth for 2025–26 is estimated at 7.4 per cent, while growth for 2026–27 is projected at 6.8 to 7.2 per cent.Against this backdrop, the Budget seeks to sustain the current growth momentum while str…
New Delhi, Feb 5 (IANS) India’s fiscal strategy has undergone a clear and deliberate shift over the past decade, with the expenditure mix increasingly oriented towards capital-led growth, according to a new report.Notably, the FY27 Budget reinforces this trajectory, reflecting the government’s conviction that durable growth, private investment crowding-in, and macroeconomic stability are best achieved through sustained public capital formation rather than short-term fiscal stimulus. As a res…
New Delhi, Feb 4 (IANS) The Union Budget 2026–27 prioritised durable growth, fiscal prudence and execution certainty over short‑term market appeasement, a report said on Wednesday.The report from PL Wealth, the wealth management arm of PL Capital, said the medium‑term outlook remains constructive for infrastructure, capital goods, defence, logistics, manufacturing and select export‑oriented sectors such as engineering goods, textiles and gems and jewellery.The equities may see near‑ter…
New Delhi, Feb 3 (IANS) The 16th Finance Commission’s (FC) recommendations represent a decisive shift towards incentivising economic efficiency, strengthening local governance, improving fiscal transparency and reinforcing debt sustainability, while continuing to support higher capital spending by states, a report showed on Tuesday.The 16th FC retained the vertical devolution of Union taxes to states at 41 per cent of the divisible pool for FY2027–FY2031, in line with the 15th Finance Commis…
New Delhi, Feb 2 (IANS) Retired IRS officer and former Assistant Director of the Enforcement Directorate, Anil K. Rawal, on Monday described this year’s Union Budget as a positive and forward-looking policy document that focuses on long-term economic stability rather than short-term market reactions.Speaking to IANS on the budget, Rawal said people should not judge it based on stock market movements.”The budget clearly reflects the government’s direction and long-term priorities,” Rawal told…
Gwalior, Feb 2 (IANS) Union Minister for Communications and Development of North Eastern Region, Jyotiraditya Scindia, said on Monday that the Budget for financial year 2026-27 fulfills the aspirations of the people and takes decisive steps towards realising the national resolve of a developed India (‘Viksit Bharat’) at the grassroots level. Scindia, who is a BJP MP from Madhya Pradesh’s Guna, made this statement while addressing a press conference during a visit to Ashok Nagar (under Gwalior di…
New Delhi, Feb 2 (IANS) Robust consumer spending and public investments will maintain India’s real GDP growth at 6.7 per cent in fiscal 2027 and 7 per cent in fiscal 2028, S&P Global Ratings said on Monday, adding that the Union Budget reinforces its expectation of gradual fiscal consolidation.The global ratings anticipates that these growth rates continue to place India above sovereign peers at similar income levels and should continue to support fiscal revenue increase.The central governme…
New Delhi, Feb 2 (IANS) Union Budget 2026–27 kept a “long‑term vision at the forefront” by increasing capital expenditure and improving the expenditure mix, a report said on Monday.The report from Crisil Intelligence said the focus is shifting to the long term—with reforms, improving ease of doing business, and inclusive growth getting centre stage.Immediately after the Covid-19 pandemic, the primary focus was on ramping up infrastructure spending and mitigating pandemic impact on growth a…
New Delhi, Feb 2 (IANS) A likely boost to capex, services sector growth and AI in the Union Budget, along with slightly slower than expected fiscal consolidation, will likely support FY27 earnings, further helped by increased demand for equities through buybacks, Morgan Stanley has said.The Budget balances debt-to-GDP reduction with slow fiscal consolidation and support for growth through both cyclical and structural measures.“We remain constructive on Indian equities – Overweight Financials…