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Pakistan Misses 3 Out Of 5 IMF Targets Before 2nd Review Of $7 Billion Loan
Pakistan has missed three out of the five targets set by the International Monetary Fund (IMF) for the second review of the USD 7 billion bailout package, a media report said on Wednesday.
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What World Bank Report Said On Rising Poverty In Pakistan
The study suggests that, while moving forward, Pakistan should improve its domestic revenue mobilisation and public expenditure efficiency.
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Fiscal Deficit, GDP, Tax Reforms And More: 10 Budget Keywords
Finance Minister Nirmala Sitharaman will present the Union Budget 2025 on Saturday. The Budget is a crucial document that contains information about the government's financial policies, expenditure plans, and revenue for the next fiscal y
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Interim Budget 2024: Defence Budget Pegged At Rs 6.21 Lakh Crore For 2024-25
Interim Budget 2024: In a modest hike, the government on Thursday increased the defence budget to Rs 6.21 lakh crore for 2024-25 from last year's allocation of Rs 5.94 lakh crore and announced an ambitious scheme for "deep-tech" technologies
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Explained: Key Terms You Should Know Ahead Of Budget 2024
Budget 2024: The Union Budget is an important document as it carries the details of the government's revenue, expenditure and financial policies for the upcoming financial year.
-
Microsoft Ramps Up Spending to Meet AI Demand as Quarterly Revenue Rises to $56.2 Billion
Microsoft on Tuesday laid out an aggressive spending plan to meet demand for its new artificial intelligence services after surpassing Wall Street estimates for fiscal fourth-quarter revenue and profit. Costs rose sharply as Microsoft built new data centers to support AI, and Chief Financial Officer Amy Hood said on a conference call with analysts ...
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Spotify to Lay Off 6 Percent of Workforce as Job Cuts in Technology Sector Continue
Spotify is planning layoffs as soon as this week, according to people familiar with the plans, joining a slew of technology companies from Amazon.com Inc. to Meta Platforms Inc. in announcing job cuts to lower costs. The music streaming giant has about 9,800 employees, according to its third-quarter earnings report.
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Finance Ministry Releases Rs 7,183 Crore Grant To 14 States
"The Department of Expenditure, Ministry of Finance has on Thursday released the 7th monthly instalment of Post Devolution Revenue Deficit (PDRD) Grant of Rs 7,183.42 crore to 14 states," the ministry said.
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Blog: The Enormous Extra Spend In Budget Is An Illusion
Nirmala Sitharaman said: "We have spent, we have spent and we have spent." She had every reason to claim that, since the budget numbers show that the centre spent Rs 4.1 lakh crore, or 13 percent above what it had planned for last year. Additional spending will continue this year: expenditure is estimated to go up by 14.5 percent in 2021-2022 compa...
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Maharashtra Freezes Public Sector Recruitment
Faced with major disruption of economic activity in the wake of coronavirus outbreak, the Maharashtra government on Monday announced a slew of measures, including near recruitment freeze, to shore up revenue and meet unavoidable expenditures like staff salaries and to carry out important functions.
-
Salaries Apart, Delhi Turns Off Expenditure As Lockdown Dries Up Revenue
Delhi Chief Minister Arvind Kejriwal has called an emergency meeting at his residence to discuss the COVID-19 outbreak. The meeting -- which is expected to begin shortly -- is to be attended by Deputy Chief Minister Manish Sisodia, Health Minister Satyendra Jain, the Chief Secretary and the Health Secretary.
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NITI Aayog Says Concerned Over Andhra Pradesh's "Huge" Revenue Deficit
NITI Aayog Vice-Chairman Rajiv Kumar on Friday expressed concern over Andhra Pradesh's "huge" revenue deficit and increasing unbudgeted expenditure even as the YSRC government pitched for "liberal" assistance from the national planning body as well as the 15th Finance Commission, citing losses due to the state's bifurcation.
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"One Of The Most Opaque": P Chidambaram On Nirmala Sitharaman's Budget Speech
The budget speech by Union minister Nirmala Sitharaman is one of the "most opaque ever" former finance minister P Chidambaram said, pointing out that it leaves out all crucial information regarding the government's expenditure, revenue, fiscal deficit, and even the allocation for the defence sector.
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Ahead Of Polls, Election Body Appoints Special Expenditure Observers
The Election Commission today appointed two retired Indian Revenue Services officers of the Income Tax Department as special expenditure observers for the upcoming Lok Sabha elections.
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Aadhaar Body Head AB Pandey To Replace Hasmukh Adhia As Revenue Secretary
Senior Gujarat-cadre IAS officer G C Murmu was Saturday named as the Secretary, Department of Expenditure, as part of a major bureaucratic reshuffle effected by the Centre.
-
Pakistan Misses 3 Out Of 5 IMF Targets Before 2nd Review Of $7 Billion Loan
Pakistan has missed three out of the five targets set by the International Monetary Fund (IMF) for the second review of the USD 7 billion bailout package, a media report said on Wednesday.
-
What World Bank Report Said On Rising Poverty In Pakistan
The study suggests that, while moving forward, Pakistan should improve its domestic revenue mobilisation and public expenditure efficiency.
-
Fiscal Deficit, GDP, Tax Reforms And More: 10 Budget Keywords
Finance Minister Nirmala Sitharaman will present the Union Budget 2025 on Saturday. The Budget is a crucial document that contains information about the government's financial policies, expenditure plans, and revenue for the next fiscal y
-
Interim Budget 2024: Defence Budget Pegged At Rs 6.21 Lakh Crore For 2024-25
Interim Budget 2024: In a modest hike, the government on Thursday increased the defence budget to Rs 6.21 lakh crore for 2024-25 from last year's allocation of Rs 5.94 lakh crore and announced an ambitious scheme for "deep-tech" technologies
-
Explained: Key Terms You Should Know Ahead Of Budget 2024
Budget 2024: The Union Budget is an important document as it carries the details of the government's revenue, expenditure and financial policies for the upcoming financial year.
-
Microsoft Ramps Up Spending to Meet AI Demand as Quarterly Revenue Rises to $56.2 Billion
Microsoft on Tuesday laid out an aggressive spending plan to meet demand for its new artificial intelligence services after surpassing Wall Street estimates for fiscal fourth-quarter revenue and profit. Costs rose sharply as Microsoft built new data centers to support AI, and Chief Financial Officer Amy Hood said on a conference call with analysts ...
-
Spotify to Lay Off 6 Percent of Workforce as Job Cuts in Technology Sector Continue
Spotify is planning layoffs as soon as this week, according to people familiar with the plans, joining a slew of technology companies from Amazon.com Inc. to Meta Platforms Inc. in announcing job cuts to lower costs. The music streaming giant has about 9,800 employees, according to its third-quarter earnings report.
-
Finance Ministry Releases Rs 7,183 Crore Grant To 14 States
"The Department of Expenditure, Ministry of Finance has on Thursday released the 7th monthly instalment of Post Devolution Revenue Deficit (PDRD) Grant of Rs 7,183.42 crore to 14 states," the ministry said.
-
Blog: The Enormous Extra Spend In Budget Is An Illusion
Nirmala Sitharaman said: "We have spent, we have spent and we have spent." She had every reason to claim that, since the budget numbers show that the centre spent Rs 4.1 lakh crore, or 13 percent above what it had planned for last year. Additional spending will continue this year: expenditure is estimated to go up by 14.5 percent in 2021-2022 compa...
-
Maharashtra Freezes Public Sector Recruitment
Faced with major disruption of economic activity in the wake of coronavirus outbreak, the Maharashtra government on Monday announced a slew of measures, including near recruitment freeze, to shore up revenue and meet unavoidable expenditures like staff salaries and to carry out important functions.
-
Salaries Apart, Delhi Turns Off Expenditure As Lockdown Dries Up Revenue
Delhi Chief Minister Arvind Kejriwal has called an emergency meeting at his residence to discuss the COVID-19 outbreak. The meeting -- which is expected to begin shortly -- is to be attended by Deputy Chief Minister Manish Sisodia, Health Minister Satyendra Jain, the Chief Secretary and the Health Secretary.
-
NITI Aayog Says Concerned Over Andhra Pradesh's "Huge" Revenue Deficit
NITI Aayog Vice-Chairman Rajiv Kumar on Friday expressed concern over Andhra Pradesh's "huge" revenue deficit and increasing unbudgeted expenditure even as the YSRC government pitched for "liberal" assistance from the national planning body as well as the 15th Finance Commission, citing losses due to the state's bifurcation.
-
"One Of The Most Opaque": P Chidambaram On Nirmala Sitharaman's Budget Speech
The budget speech by Union minister Nirmala Sitharaman is one of the "most opaque ever" former finance minister P Chidambaram said, pointing out that it leaves out all crucial information regarding the government's expenditure, revenue, fiscal deficit, and even the allocation for the defence sector.
-
Ahead Of Polls, Election Body Appoints Special Expenditure Observers
The Election Commission today appointed two retired Indian Revenue Services officers of the Income Tax Department as special expenditure observers for the upcoming Lok Sabha elections.
-
Aadhaar Body Head AB Pandey To Replace Hasmukh Adhia As Revenue Secretary
Senior Gujarat-cadre IAS officer G C Murmu was Saturday named as the Secretary, Department of Expenditure, as part of a major bureaucratic reshuffle effected by the Centre.
