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Instead of municipalities and states depending on transfers from the Centre, it should be the other way around
Centre's capex outlay may touch 20 per cent of full-year target in Q1 at Rs 1.5 trillion
Sri Lankan Prime Minister Ranil Wickremesinghe on Wednesday said the country has missed a payment to the Asian Development Bank,
Says states don't have fiscal flexibility for exigencies as Centre has
The idea that fiscal prudence and welfare of the less well-off are mutually exclusive is misplaced
Although the budgetary exercise has made a virtue out of necessity, the change in fiscal stance could end up having a happy outcome
With modest revenue effort, the burden of cutting the deficit will fall on a big expenditure contraction
Here's a selection of Business Standard opinion pieces for the day
The economy requires a fiscal battle plan and this, in turn, requires a fiscal responsibility framework
Here's a selection of Business Standard opinion pieces for the day
Budget 2021 must overhaul the existing FRBM Act to set feasible targets on deficit and debt
Trading volumes are expected to be slim in the final week of the year, with stock markets being shut on Friday for New Year holiday.
There are three definitions for the purpose of fiscal statutes: a statutory definition, the definition in market parlance and a scientific definition