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Budget
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Coronavirus to leave a legacy of unprecedented global debt

Enormous doses of stimulus spending are offering relief from coronavirus damage but their lifelong legacy of debt could seed future crises by hobbling economic growth and worsening poverty, especially in developing countries.

Central banks and governments worldwide have unleashed at... (More)

The government has raised its gross market borrowing target for the current financial year to Rs 12 lakh crore from Rs 7.8 lakh crore estimated in the budget, attributing the increase of more than 50% to the coronavirus outbreak that’s... (More)