Finance Minister Nirmala Sitharaman gears up to present the Union Budget 2025-26 on February 1, the nation stands at a pivotal crossroads. With GDP growth projected to dip to a four-year low of 6.4 ...
FY25's deficit is projected at 4.9 per cent of the GDP, or Rs 16.1 trillion. Despite slower economic growth, the government is expected to stick to its fiscal discipline plan.
Austria's far-right party said on Monday it had agreed with the conservatives on a roadmap to shrink the country's budget deficit in order to comply with European Union spending rules.