The administration proposal has some bipartisan support, with California Democratic Sen. Alex Padilla and Montana Republican ...

India holds a clear edge over Pakistan in defence spending, with the government expected to approve an additional Rs 50,000 ...

The board of the Reserve Bank of India met on Thursday to review its Economic Capital Framework, which determines the risk ...

Not Officially at War, but Rarely at Peace. This Chronic State of Tension, Especially With Pakistan, Has Created What Economists Might Describe as a Low-grade War Economy. It’s Not Marked by Tanks ...

The recent military escalation with arch-rival India won't have a large fiscal impact on Pakistan and can be managed within ...

The government is set to unveil the ... the PML-N and the PPP to increase the defence budget due to the recent wave of tensions with India, the newspaper said, quoting sources.

The Reserve Bank of India’s (RBI ... anticipated in the Union budget presented on 1 February. Thanks to such profiteering, RBI has given about ₹8 trillion to the government since 2017.

Pakistan’s Parliament on Monday passed a unanimous resolution against India, terming New Delhi's countermeasures against Islamabad in the wake of the Pahalgam ...

Trump's 2026 budget proposal eyes a 22 percent non-defense spending cut amounting to $163 billion -- doubling down on cost-cutting efforts under Elon Musk's so-called Department of Government ...

As details of the budget impasse that led to the withdrawal of the VAT increase by Finance Minister Enoch Godongwana last week continue to surface, the ANC has accused its government of national unity ...

The Parliament met last during the Budget Session. The Lok Sabha was adjourned sine die on April 4, ending the Budget session that began on January 31 and was held in two phases.

India’s defence spending in 2024 was ... 7.1 per cent of Russia’s GDP and roughly 19 per cent of the government’s total budget, according to SIPRI. On the other side, Ukraine’s military ...