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India proposes $576B budget

NEW DELHI: The Indian government Tuesday proposed a budget of $576 billion for the ongoing fiscal year until the coming March.

The budget was proposed to the parliament by Finance Minister Nirmala Sitharaman, the first since the return of Prime Minis…

EU’s government deficit to GDP ratio rises to 3.8% in Q1

ISTANBUL: The seasonally adjusted government deficit to gross domestic product (GDP) ratio went down to 3% in the first quarter of the year from 3.9% last quarter of 2023, according to data released on Monday.

The government total revenue in the EU f…