Udit Misra

Despite the rollout of several so-called freebies by the AAP government, Delhi’s fiscal deficit is the lowest in the country. Sustaining its fiscal health, however, will require more revenue generation in future

Kota Rani is remembered as the last ruler belonging to the Hindu Lohara dynasty in Kashmir.

Even though the RBI did not change the policy repo rates, Governor Das has managed to surprise everyone by adopting an unconventional approach.

If an Indian national lives in New Delhi but earns rental income from a house she owns in London, then, along with all other income that she earns within India, this rental income too, will attract tax.

The savings rate, expressed as a percentage of the gross domestic product, reflects the pool of investible funds within the country that are available for the government and private businesses to use for investment purposes.

With the economy in deep crisis, what were the options before Finance Minister Nirmala Sitharaman in the Union Budget for 2020-21? With limited resources at her disposal, she has tinkered with several aspects of the economy. But will this strategy work in getting the Indian economy back on track?

Budget 2020: Boosting consumption by leaving people with higher disposable incomes is the key strategy. So what was the problem slowing down the economy? Read on

Union Budget important points Explained, highlights: Here's an explanation and analysis of the Budget presented by Finance Minister Nirmala Sitharaman in Parliament today.

Union Budget 2020: The most crucial thing for boosting growth is not whether the fiscal deficit target is flouted or not, rather the level of revenue deficit and the govt’s intention towards reducing it to 0% (of GDP) in the next few years.

Downward revision of GDP rate by almost a percentage point further underscores that the government has been underestimating the intensity of economic slowdown

By completely ignoring Revenue Deficit, and only focusing on containing Fiscal Deficit, the government has ensured that the FRBM Act now hurts growth – which is exactly opposite of what fiscal consolidation was supposed to do.

Data suggests that the formal manufacturing sector is becoming more capital intensive, and as such, unlikely to provide the expected boost for jobs.

Advancing the Union Budget by a month has not helped fiscal marksmanship

There is also a growing concern about the credibility of Budget numbers and many argue that the first thing to do is to reduce the gap between the numbers projected in a Budget and what actually happens.

In India, it would take 7 generations for a member of a poor family to achieve average income, according to the World Economic Forum's Global Social Mobility report.

Anthony Atkinson’s final book is a competent account of the metrics of poverty, why they matter.

In his blog, S C Garg, former Economic Affairs secretary, has claimed that the actual fiscal deficit for the last financial year and the current one is more than a full percentage point higher than the official data.

Global value chains or GVCs essentially break up the production process across countries.

After his meeting with economists, the Prime Minister underscored the strength of the basic fundamentals of the economy. What does it mean? And what is India's status?