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Malaysia allocates $1.7 bln in cash aid for low-income households in 2023 budget

Malaysia unveiled a smaller budget for 2023, prioritising fiscal discipline over expected populist measures, as it warned of a slowdown in the economy from rising global risks.

Malaysia's Finance Minister Tengku Zafrul holds a bag containing the 2023 budget at Finance Ministry building as he departs to the Parliament, in Putrajaya, Malaysia, October 7.(REUTERS)
Published on Oct 07, 2022 02:17 PM IST
Reuters | | Posted by Yagya Sharma

Five key messages from analysis of state budgets

All Indian states and union territories have presented their state budgets for 2022-23

A research note dated April 18 by SBI chief economist Soumya Kanti Ghosh put the 2022-23 consolidated gross fiscal deficit to GSDP ratio for 18 states at 3.4%.(Mint)
Updated on May 23, 2022 11:15 AM IST

Centre sets up expert panel to train urban planners

As part of the urban planning reforms announced by the finance minister Nirmala Sitharaman in this year’s budget, the ministry aims to train 5,000 urban planners in the next five years.

The ministry has decided to plan two capacity building programmes, a five-day course and a month-long session, to train urban planners
Published on May 02, 2022 11:40 PM IST
ByRisha Chitlangia

India exceeds target of local defence purchases in 2021-22

The total capital expenditure for 2021-22 stood at ₹1,14,910 crore of which, ₹75,140 crore was spent on local weapons and systems, said a senior official familiar with development. The rest of the money was spent on weapons from foreign sources, the official added, asking not to be named.

India exceeds target of local defence purchases in 2021-22
Updated on Apr 20, 2022 11:44 PM IST
By, New Delhi

‘Why did Nehru…': Nirmala Sitharaman questions as she rakes up Kashmir issue

The finance minister described Kashmir as an integral part of India and “it is an issue that should not have gone to the global forum".

Union finance minister Nirmala Sitharaman speaks in the Rajya Sabha on Wednesday, (PTI)
Updated on Mar 23, 2022 11:50 PM IST
By, New Delhi
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