In India, there are three types of government Budgets based on fiscal estimates: balanced, surplus, and deficit. A balanced Budget ensures fiscal discipline by preventing reckless spending and ...

According to the latest government survey on household expenditure, the uptick in educational expenses in 2023 was due to higher spending on private tuition and pre-school education. The amount ...

The fundamentals look good for continued growth in consumer spending om 2025, convention speakers and attendees said, unless price hikes due to tariffs trigger a slowdown. Deloitte’s outlook ...

Gov. Maura Healey filed a $62 billion fiscal year 2026 budget proposal Wednesday that attempts to conform to slower revenue growth in the post-pandemic era by relying on a voter-approved surtax to ...

Billionaire Elon Musk's Department of Government Efficiency has a new target in its sights for trimming federal spending: the U.S. penny. In Tuesday X post, Musk's DOGE wrote that the U.S. spends ...

Demand for generative AI help drive consumer spending on apps to $150 billion globally in 2024, up 13% from the prior year. According to an annual “State of Mobile” report from app ...

Spanish Prime Minister Pedro Sánchez fired back at Donald Trump on Wednesday after the U.S. president criticized Madrid for falling well short on its defense spending. “Rest assured, Spain is very ...

NATO Secretary-General Mark Rutte has said spending might need to rise to as much as 3.7 percent of GDP. Only Poland is above that right now. The current target for defense spending is 2 percent ...

Russia is posing an existential threat to the European Union’s security and the only way to address that is to increase spending on defence, the European Union’s foreign policy chief Kaja ...

Kathy Hochul is trying to defuse a tax time bomb before it goes off. The governor today will unveil a $252 billion budget that includes a five-year extension of high tax rates for wealthy New ...

Labour must carry out a root-and-branch overhaul of the incapacity benefits system if it is to rein in rising heath-related welfare spending, it added. Downing Street officials are said to be ...