Tag: Fiscal policy

How Britian’s economy has suffered since Chancellors swapped alcohol for water
Posted in UK News

Rachel Reeves: How Britian’s economy has suffered since Chancellors swapped alcohol for water | World News

For centuries, Britain’s Chancellors of the Exchequer have delivered their annual budget statements fortified by a cherished tradition—a budget-day drink. This one day of the…

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RBI may shift monetary stance to 'Neutral'; rate cuts likely by December 2024: Nuvama
Posted in Economy

RBI may shift monetary stance to ‘Neutral’; rate cuts likely by December 2024: Nuvama

The Reserve Bank of India (RBI) will shift its monetary stance to ‘neutral’ from current ‘withdrawal of accommodation’ in credit policy this month, rate cuts…

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Shaktikanta Das tells how RBI-Govt parnership works to tame inflation
Posted in Economy

Shaktikanta Das tells how RBI-Govt parnership works to tame inflation

Coordination between the Reserve Bank of India (RBI) and the government has helped reduce the tension between controlling inflation and promoting growth, said RBI Governor…

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The Chinese flag flies outside a commercial building in Shenzhen, China, on Tuesday, July 2, 2024. (Raul Ariano/Bloomberg)
Posted in Business

China’s deflation risk grows as signs of economic weakness mount

China’s core inflation cooled to the weakest in more than three years, adding to signs policymakers are struggling to get households spending and further putting…

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Oecd India Growth: OECD raises India's FY24 growth forecast a jot to 6%
Posted in Economy

Oecd India Growth: OECD raises India’s FY24 growth forecast a jot to 6%

The Organisation for Economic Co-operation and Development (OECD) on Wednesday moved its forecast on India’s economic expansion for this fiscal year higher to 6%, from…

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rbi: Should focus on structural reforms to sustain growth: RBI report
Posted in Economy

rbi: Should focus on structural reforms to sustain growth: RBI report

India has been an island of economic growth in a slowing global economy, but the focus should be on structural reforms to sustain that advantage,…

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India is going to have solid economic growth: Indermit Gill, World Bank's chief economist
Posted in Economy

India is going to have solid economic growth: Indermit Gill, World Bank’s chief economist

India is going to have solid economic growth, but it will not be nearly as solid as if global conditions were like in the early…

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imf: Modest downgrading of India's growth due to slowness of domestic consumption, data revisions: IMF official
Posted in Economy

imf: Modest downgrading of India’s growth due to slowness of domestic consumption, data revisions: IMF official

India’s growth rate has been modestly downgraded from 6.1 per cent to 5.9 per cent for the current fiscal mainly because of the slowness of…

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India can grow at about 7% despite global uncertainty: Former chief economic advisor K V Subramanian
Posted in Economy

India can grow at about 7% despite global uncertainty: Former chief economic advisor K V Subramanian

Monetary policy across the world is guided by flawed monetary theory that puts the cart before the horse, i.e., gets the direction of causality wrong,…

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Fiscal math: Budget 2023-24: How the big numbers stack up in Sitharaman's fiscal math
Posted in Economy

Fiscal math: Budget 2023-24: How the big numbers stack up in Sitharaman’s fiscal math

How much is the government expecting to earn, how much does it plan to spend, and how will it finance the gap? In her Budget…

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