https://latest.thedailyguardian.com/opinion/quality-expenditure-with-fiscal-consolidation-is-the-key/June 20, 2024, 2:14 amhttps://latest.thedailyguardian.com/wp-content/uploads/2024/06/fdgh.jpgOpinionIn a complete contrast to the exit poll, the Bharatiya Janata Party (BJP) lost its single-party majority in parliament, in the 2024 Lok Sabha election results. The loss of majority leaves BJP dependant on its NDA allies, both major like Telegu Des...https://latest.thedailyguardian.com/opinion/quality-expenditure-with-fiscal-consolidation-is-the-key/June 20, 2024, 2:14 amhttps://latest.thedailyguardian.com/wp-content/uploads/2024/06/fdgh-300x169.jpgOpinionDespite the decline of US CPI to 3.1% in Jan-24 compared to 3.4% in Dec-23, it is below the consensus expectations of 2.9%. The recently published ISM services data for US has increased at 53.4 in Jan’24, compared to 50.5 in Dec’23. Despite core i...https://latest.thedailyguardian.com/opinion/quality-expenditure-with-fiscal-consolidation-is-the-key/June 20, 2024, 2:14 amhttps://latest.thedailyguardian.com/wp-content/uploads/2024/06/fdgh-300x169.jpgOpinionPandemic, inflation, and war have taken not only a toll on the global economy, but also the world economic order. The latest conflict between Israel and Hamas has added another uncertainty in the geopolitical tensions. Oil prices remain high and v...https://latest.thedailyguardian.com/opinion/quality-expenditure-with-fiscal-consolidation-is-the-key/June 20, 2024, 2:14 amhttps://latest.thedailyguardian.com/wp-content/uploads/2024/06/fdgh-300x169.jpgOpinionThe outlook for the global economy remains ambivalent with some mixed signals. While beliefs of a soft landing in the US are increasing, concerns about slowdowns in China and Europe are prevalent. The impact of aggressive monetary tightening is sp...https://latest.thedailyguardian.com/opinion/quality-expenditure-with-fiscal-consolidation-is-the-key/June 20, 2024, 2:14 amhttps://latest.thedailyguardian.com/wp-content/uploads/2024/06/fdgh-300x169.jpgOpinionDomestic demand would revive as consumer expenditure is expected to rise in the September-December festival season, providing further growth momentum to the Indian economy. The growth of India’s Gross Domestic Product (GDP) at 7.8% in the April-Ju...https://latest.thedailyguardian.com/opinion/quality-expenditure-with-fiscal-consolidation-is-the-key/June 20, 2024, 2:14 amhttps://latest.thedailyguardian.com/wp-content/uploads/2024/06/fdgh-300x169.jpgOpinionAs expected, the RBI Monetary Policy Committee (MPC) has kept the repo rate unchanged at 6.50 per cent on the 8th June 2023 monetary policy, as inflation (CPI) has shown softening trend. The policy has worked in lag effect, nonetheless it is requi...https://latest.thedailyguardian.com/opinion/quality-expenditure-with-fiscal-consolidation-is-the-key/June 20, 2024, 2:14 amhttps://latest.thedailyguardian.com/wp-content/uploads/2024/06/fdgh-300x169.jpgOpinionThe United States debt ceiling is a parliamentary limit that decides how much debt the Treasury Department may incur. In 1939, Congress gave the Treasury the right to issue and manage debt though it restricted the amount of the issuance. The limit...https://latest.thedailyguardian.com/opinion/quality-expenditure-with-fiscal-consolidation-is-the-key/June 20, 2024, 2:14 amhttps://latest.thedailyguardian.com/wp-content/uploads/2024/06/fdgh-300x169.jpgOpinionThe recent era of global inflation has reminded us of the Volcker period. In this context, it is worth looking back at the historical background of the inflation-targeting and how successful the regime remained. Borrowing from remarks made by Laur...https://latest.thedailyguardian.com/opinion/quality-expenditure-with-fiscal-consolidation-is-the-key/June 20, 2024, 2:14 amhttps://latest.thedailyguardian.com/wp-content/uploads/2024/06/fdgh-300x169.jpgOpinionAccording to the RBI’s Report on State Finances (16 January 2023), for 2021-22, state governments have experienced reasonable uplift in their revenue receipts led by own tax and non-tax revenues and grants from the Centre. Nevertheless, unaudited ...https://latest.thedailyguardian.com/opinion/are-we-going-back-towards-the-era-of-volcker-shock/August 6, 2022, 4:44 amhttps://latest.thedailyguardian.com/wp-content/uploads/2022/08/Volcker_Win_McNamee-56a9a63f3df78cf772a93848-1.jpgOpinionAre we going back towards the era of ‘Volcker Shock’?