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India hikes spending, shuns ‘outright populism’ in last pre-election budget

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Capex to rise 33% to 10 trillion rupees in 2023/24 Govt targets gross borrowing of 15.43 trillion rupees Eyes fiscal deficit of 5.9% in 2023/24, 4.5% by 2025/26 NEW DELHI, Feb 1 (Reuters) – India announced on Wednesday one of its biggest ever increases in capital spending for the next fiscal year to create jobs … Read more

British prime minister contenders clash over tax cuts in TV debate

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Five challenging to succeed Boris Johnson as British PM Second of three TV debates on Sunday Tax plans at heart of heated contest Polls show conflicting picture of who is winning LONDON, July 17 (Reuters) – The five Conservative contenders still vying to be Britain’s next prime minister clashed over tax cuts in a second … Read more