The 16th finance commission's tax devolution formula drew mixed responses, with some states gaining higher shares while ...

The Bank of England has held interest rates at 3.75 per cent but concerns about inflation remain. It comes as policymakers ...

Bank of England holds interest rates but future cuts ‘likely’ - It came as the central bank also warned that economic growth is now set to be weaker than previously expected.

Finance Commission recommendations are based on the three principles of equity, equalisation and efficiency. The last two FCs ...

What is fiscal deficit? Learn its meaning, formula, simple examples, and why fiscal deficit is important in the Union Budget ...

Most Americans think tariffs harm the nation’s economy, according to a new survey out Thursday. The newly released Marist ...

States shall continue to receive 41% of funds from the Union government’s divisible pool of taxes for the next five years, as ...

Finance Commission retains states' devolution share at 41%, introducing GDP-based criteria for equitable fund distribution.

In 2015, the 14th Finance Commission raised devolution to states from 32 to 42 pc, adjusted to 41 pc after J &K ceased to be a state in 2019 ...

When we speak of Viksit Bharat by 2047, we are not invoking a slogan; we are articulating a quantifiable, time-bound, system-wide transformation—one that must obey the iron laws of arithmetic, ...

The government has proposed to lower debt-to-GDP ratio to 55.6 per cent in FY27, from 56.1 per cent in the current fiscal ...

SMITH Insight Kansas. It has been fourteen years since former Governor Sam Brownback’s disastrous “Great Experiment,” which ...