Latest Fiscal Space News & Updates

Washington, July 9 (IANS) The global economy has remained resilient despite the economic shock triggered by the Middle East conflict, with artificial intelligence-led investment and productivity gains helping offset the impact of higher energy and commodity prices, the International Monetary Fund (IMF) said on Thursday, while cautioning that uncertainty remains exceptionally high.Speaking at the IMF’s regular press briefing, Julie Kozack, Director of the IMF’s Communications Department, said the…

New Delhi, May 6 (IANS) India has earned an endorsement from one of the world’s top credit rating agencies, with Moody’s Ratings placing the nation among the most resilient large emerging market economies over the past five years, which is a recognition that comes at a time when global financial markets remain on edge over trade tensions and geopolitical uncertainty.In a recently released report, Moody’s said India ‘better placed’ than most of its emerging market peers to absorb future global sh…

New Delhi, April 6 (IANS) The reduction of Rs 80 per litre in petrol prices in Pakistan is nothing but a “populist move” by a government struggling to balance emerging economic constraints and domestic political compulsions, a new report has said.New Delhi, April 6 (IANS) The reduction of Rs 80 per litre in petrol prices in Pakistan is nothing but a “populist move” by a government struggling to balance emerging economic constraints and domestic political compulsions, a new report has sai…