West Bengal’s Finance Minister Chandrima Bhattacharya presented the State Budget for 2026–27 on 12 February 2026. The total expenditure, or size of the Budget for FY 2026–27, has been pegged at ₹3.89 lakh crore. This is about 14% higher than the revised estimate for 2024–25.Some important ...
The beginning of 2026 has brought encouraging signals for India, especially on the economic front. The government’s Economic Review released at the end of 2025 revealed that with a Gross Domestic Product (GDP) of $4.18 trillion, India has overtaken Japan ($4.17 trillion) to become the world’s fo...
The Union Budget 2026 has been formulated and presented against an unusually challenging economic backdrop, marked by strong headwinds on both global and domestic fronts. Internationally, the imposition of steep 50 per cent tariffs by the United States under the Trump administration, the withdrawal ...
The global economy is currently navigating a period of heightened turbulence, marked by intensifying geopolitical tensions and pervasive trade uncertainty, and India is no exception. Against this challenging international backdrop, RBI Governor Sanjay Malhotra, on December 5, presented a notably opt...
The New Financial Reality of 2025The year 2025 has brought unanticipated shifts in global financial markets. Amid this volatility, gold has reasserted its dominance as a premier asset class, breaking free from traditional economic expectations. Unlike in past cycles, gold prices have shown sustained...
On July 24, 2025, the India-UK Comprehensive Eco-nomic and Trade Agreement (CETA), also referred to as a Free Trade Agreement (FTA), was formally signed in London in the presence of Indian Prime Minister Narendra Modi and British Prime Minister Keir Starmer. The agreement, concluded after three year...
In recent months, global financial markets and trade policies have been marked by mounting uncertainty. Both the International Monetary Fund (IMF) and the Organisation for Economic Co-operation and Development (OECD) have projected a global economic slowdown. According to the IMF’s World Economic ...
NITI Aayog’s recent report, Macro and Fiscal Landscape of the State of Punjab, reveals a troubling economic picture. Between 2012-13 and 2021-22, Punjab’s real Gross State Domestic Product (GSDP) grew at an average annual rate of just 5%, lagging behind the national average of 5.6%. More concern...
The Federal Open Market Committee (FOMC) recently maintained interest rates at 4.25%-4.50%, reflecting a cautious approach amid economic uncertainty. This decision comes as core inflation remains elevated at 2.8%, well above the Fed’s 2% target, and GDP growth expectations are revised downward to ...
On February 1, 2025, Finance Minister Nirmala Sitharaman presented the Union Budget 2025, marking her eighth budget presentation. This budget outlined key strategies for taxation, government expenditure, and economic growth for the fiscal year 2025-26 amidst significant economic challenges. Despite ...
