Government budgets often promise the moon but deliver significantly less when it comes to actual spending. Our analysis of FY25 central government expenditure reveals a disconnect between rhetoric and reality, with several key ministries spending much lower than their allocated budgets while others exceeded their limits
India’s fiscal deficit at Rs 8.5 lakh crore had crossed the half way mark in the first eight months of the year
The revised spending of Rs 2.75 lakh crore was 15.5 percent higher than the Budget estimate of Rs 2.38 lakh crore for FY24
Spendvesting promotes recurring investments in assets such as mutual funds and digital gold and caters to diverse lifestyle needs like travel, gadgets, home decor, vehicle, jewellery, insurance, education, etc.
Learning to choose the right shopping credit card is a skill in itself. Weighing the fees and charges against the rewards and benefits you expect from the cards needs some thought. Experts tell you what to look for and prioritise
Understanding your overspending triggers is as important as creating a budget and sticking to it. With the festive season behind and the new year already into its second month, it’s time to take stock of how much you spend.
The perfect wedding is a dream for brides and grooms. But vendors can be party poopers with their huge bills, so choose them well
There is likely to be a rejig of government spending in FY22
Government agencies in the United States have been ordered begin shutting down late on Monday by the White House. The Congress failed to find a compromise on a government spending bill before the midnight deadline.
If the budget spending is not agreed on by October 1, the government will face a shutdown. The US is also likely to hit the debt-ceiling limit of USD 16.7 trillion on October 17.
Prime Minister Shinzo Abe's monetary easing and budget spending seem to have helped. Nation needs to work on fiscal reform in the medium and long term even as it pursues aggressive stimulus steps to support the recovery and to help beat deflation