With expenditure estimated at 13.8% of GDP and the fiscal deficit seen at 4.16%, the Budget 2026-27 points to gradual consolidation rather than fiscal tightening.

Deficit reduction in FY27 is driven largely by cuts in development expenditure, particularly in the rural and agricultural ...

Fiscal deficit target of 4.3% ideal, will help meet expenditure needs, reflects Centre’s commitment to fiscal prudence.

The GDP value of AI is smaller than it might appear given that a lot of high-tech equipment is imported, according to a ...

National health care expenditure growth expected to outpace GDP, resulting in a health share of GDP that reaches 20.3 percent by 2033. (HealthDay News) — The annual growth in national health spending ...

In the Budget for 2025–26, the Centre committed to calibrating annual fiscal deficits in a manner that ensures a steady ...

A new U.S. Commerce Department report shows inflation rose as did consumer spending late last year.

The U.S. economy grew at a 4.4% growth in the third quarter of 2025, beating expectations of 3.3% as consumer spending and ...

Union Budget 2026 boosts FY27 capital expenditure by 9% to ₹12.2 lakh crore, enhancing infrastructure and economic growth.

A new report shows that despite popular belief that an AI crash will tank the economy, regular consumers are much more crucial for GDP growth.