You Searched For "post devolution revenue deficit" and got 19 results
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1 min read
Centre releases ₹7,183 crore PDRD grant to 14 states
The grant has been released as per the recommendations of the 15th Finance Commission. The pa…
1 min read
The US debt will surge to $56 trillion in the next 10 years as government spending outpaces revenues
The federal debt is on track to soar 64% over the next decade, notching $56 trillion, according to …
Jennifer Sor
2 mins read
Government on course to meet fiscal deficit target for FY24 as gross tax receipts hit a 20-year high
Economists believe that the government is on track to achieve the fiscal deficit target of 5.3% in …
2 mins read
Russia posted a $29 billion deficit in the first quarter as energy revenue plummets and it could spell trouble for the country's military bills
Russia posted a 45% plunge in energy revenues to 1.64 trillion rubles in the first quarter of 2023,…
Huileng Tan
2 mins read
Fiscal deficit at Jan-end touches 63.6% of full year target: Govt data
The government's fiscal deficit at Rs 11 lakh crore at January end touched 63.6 per cent of the rev…
PTI
3 mins read
Republicans' plan to fund Israel by cutting IRS spending would cost taxpayers billions and add to the national deficit
Cutting IRS funding would mean millionaires and large companies get away with not paying their fair…
Ayelet Sheffey,Juliana Kaplan
3 mins read
India's fiscal deficit for FY23 estimated at ₹17.5 L crore, FY24 ₹17.95 L crore: SBI
The upcoming Indian budget for 2023-24 will be a challenging one for the government to follow the r…
1 min read
Indian government's spending and income gap in May stands at 8.2% of annual target
In absolute terms, the fiscal deficit was Rs 1,23,174 crore at end-May 2021. The government e…
PTI
3 mins read
Republicans want voters to blame the national debt on Joe Biden and the Democrats. The truth is they own it too.
The national debt has grown under both Republican and Democratic administrations. But the fight ove…
Charles Davis
1 min read
Putin says Russia lost $15 billion in oil and gas revenue last quarter, but thinks the hole can be filled in the next few months
Russia's oil and gas revenue fell by $15.8 billion last quarter, contributing to a $29 billion budg…
Jennifer Sor
2 mins read
Russian companies doubled their revenues to $15 trillion last year because the energy market did so well — but that doesn't mean they're reaping massive profits
The revenues came from oil and gas exports and the recovery of consumer demand, Russia's federal ta…
Huileng Tan
2 mins read
The US posted a $234 billion budget deficit last month, the biggest one-month deficit in history
The growing deficit has been fueled by two big factors. First, President Donald Trump's and the GOP…
Bob Bryan
2 mins read
States deficit jumps to 4.5pc of GDP; revenue gap seen to soar 7-times to 2.8pc: Report
But of this, only 0.5 per cent is immediate and without conditions as the remaining 150 bps more b…
PTI
10 mins read
Wall Street boogeymen known as 'bond vigilantes' have haunted Democrats for decades. But Biden has a chance to exorcise those demons, reshape the economy, and tackle climate change.
Joe Biden wants to raise taxes to "pay for" his massive infrastructure plan, but this is a huge mis…
Alex Yablon
1 min read
Facebook to address advertisers as trust deficit grows
San Francisco, June 30 (IANS) As more and more top brands pull out of its platform over the spread …
2 mins read
India's fiscal deficit is more than double its FY21 target
The fiscal deficit at the end of November 2019 had stood at 114.8% of 2019-20 BE. The lockd…
PTI
9 mins read
Comedian Jerry Seinfeld and author James Altucher are tussling over whether New York City is dying. Here's why both men are right.
Altucher tells Business Insider he sees two major differences from the 1970s and NYC will struggle …
Nick Lichtenberg
1 min read
The US budget deficit topped a record-breaking $864 billion in June as the US ramped up COVID-19 spending
The coronavirus pandemic has blown a hole into the federal government's budget. But many economists…
Joseph Zeballos-Roig
3 mins read
Here’s what the fiscal health of Indian states looks like post-demonetisation and GST
India’s states are increasing the amount they spend on asset creation, in lieu of futu…