Fiscal deficits often rise when the government increases spending to support the economy, especially during slowdowns or ...

CHENNAI: The interim budget for the year 2026-27 presented by Finance Minister Thangam Thennarasu has projected a fiscal ...

The national debt is set to surpass the historic high of 106% of GDP (which it reached in 1946) by 2030, according to the CBO ...

The idea of back-loading the target of fiscal consolidation is perhaps guided by the government's desire to be prepared for any adverse developments in the coming year, points out A K Bhattacharya.

The government on Sunday projected the fiscal deficit at 4.3 per cent of gross domestic product (GDP) for FY27, signalling continued progress on fiscal consolidation even as it sustains higher capital ...

CBO projects that the shortfall will deepen in 2026 to $1.853 trillion, slightly more than 2025’s $1.775 trillion deficit. Looking further down the road offers a similarly concerning trajectory. Over ...