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Fiscal policy News

Global Economies

10 Jul 2020

Redirect fiscal policy towards resilient sustainable growth: IMF urges govts

In a blog post, top IMF officials -- Vitor Gaspar, Director of Fiscal Affairs Department and Indian-American Gita Gopinath, Economic Counsellor and Director of the Research Department -- wrote that the coronavirus pandemic has already prompted an unprecedented fiscal policy response of close to USD 11 trillion worldwide.

13 Sep 2018

Blame for fuel price shock definitely lies with NDA government. Here's why

When 'international developments' were favourable, the NDA government took credit for something it didn't do. Now that situation is unfavourable, it doesn't want to take the blame.

08 Oct 2017

Telecom sector critical, needs urgent govt help: Experts

Among the solutions prescribed by experts are setting up of a Telecom Finance Corporation and giving the industry priority sector lending (PSL) status.

12 Jul 2016

'Narendra Modi government's fiscal policy quite prudent; improving India's quality of growth'

Rating agency Crisil has heaped praises on PM Narendra Modi-led government at the Centre.

05 Apr 2016

Govt to push for consolidation of public sector banks

The government will push for consolidation of the public sector banks once they are recapitalised and strengthened, Finance Minister Arun Jaitley said on Tuesday.

10 Feb 2015

Oil price fall allows states to 'reassess fiscal policies': G20

The recent sharp decline in oil prices will provide "some boost" to global growth and should allow states to "reassess" fiscal policies to sustain activity, the G20 leading economies said in a draft communique Tuesday.

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