That assumes a growth rate similar to the last decade’s. If the debt rockets up like it has over the last few years, the ...

Unlike a one-year fiscal deficit number, the debt-to-GDP ratio gives a clearer picture of the government’s overall financial ...

Prior to the passage of the One Big Beautiful Bill, Trump’s “growth” math stood a chance of closing the gap. Now it’s much ...

The sweeping legislation, which passed in July, renewed the 2017 tax cuts for individuals and granted additional tax breaks, including temporary provisions that allow workers to deduct tips and ...

With global interest rates higher for longer and fiscal consolidation back in focus, Budget 2026 is expected to signal how ...

The new approach comes after the Centre sharply reduced its fiscal deficit from pandemic-era highs, and at a time of rising ...

Policy makers in the government are of the view that this change, which is in line with global practice, will lend the government more space to enhance its development spending. Further, they see the ...