Despitethegloominglobalmarkets,India'seconomicgrowthisexpectedtoaccelerateto7-7.5percentinthenextfiscal,asexpertssaythecountryhasnowmanagedtoovercomethe"tempora
Indiahascutitsadditionalmarketborrowingrequirementforthecurrentfiscalyearby60percentafterreviewingtrendsinrevenuereceiptsandexpenditurepatterns,thefinanceminist
India’sgovernmentisconsideringaplantoloosenitsfiscaldeficittargettoenableittospendupto500billionrupees(7.7billionUSdollars)moretohaltaneconomicslowdown,twogover
Egypt's economic growth rate during the fiscal year 2016/17 exceeded the government's expectations, reaching 4.1 percent while the total budget deficit hit 10.9 percent of the Gross Domestic Product (GDP) compared to 12.5 percent in the previous fiscal year.
Foreign direct investment to Japan for fiscal 2016 topped 3 trillion yen ($26.9 billion) for the first time ever, thanks mainly to an increasing number of takeovers of domestic businesses by overseas investment funds.
ForeigndirectinvestmenttoJapanforfiscal2016topped3trillionyen($26.9billion)forthefirsttimeever,thanksmainlytoanincreasingnumberoftakeoversofdomesticbusinessesby
As China announced the appointment of a new finance minister on Monday, analysts said major fiscal policies will not change and the country can use more policy tools to help anchor its economic growth.
The government plans to establish a new investment scheme by the end of fiscal 2016 to make it easier for large companies to provide financial support to venture businesses.
Ratings house Moodys Investor Services on Wednesday affirmed Australia's prized AAA sovereign rating, however fired a warning shot to the central government calling for urgent fiscal repair.
Bangladesh exports inched up 10 percent to 34.24 billion U.S. dollars in the just concluded 2015-16 (July 2015-June 2016) fiscal year.
China’s economy still faces downside pressure in the second half year. With the continuous introduction of proactive fiscal policies, the economy is likely to bottom out. Industry insiders indicated that the macroeconomic adjustment will transfer to “ease fiscal policy plus stable monetary policy”.
Alibaba Group on Monday said its gross merchandise volume (GMV) for the 2016 fiscal year had exceeded 3 trillion yuan (463 billion U.S. dollars).
The Japanese government has estimated that the country's economy, the third largest in the world, would grow about 1.7 percent in real terms in fiscal 2016 starting April, according to a government forecast approved by Prime Minister Shinzo Abe.
China's fiscal revenue rose much slower in August as the economy continued to plateau, while expenditure growth picked up over more proactive fiscal policies, official data showed on Tuesday.
Although growth uncertainties abound home and abroad, China has plenty of policy options -- especially on the fiscal front -- to put the economy on track to deliver the around 7 percent annual target.
The Macao Special Administrative Region (SAR) government will launch austerity measures if the gaming venues tally for July does not reach the "red line" of 18 billion patacas (2.25 billion U.S. dollars), Chief Executive Chui Sai On told reporters Tuesday on the sidelines of a meeting.
President of the Eurogroup Jeroen Dijsselbloem said here on Monday that to keep the recovery on track, more investments, jobs and raising productivity were needed.
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