The income figure used to calculate a country’s fiscal deficit (or surplus) includes only taxes and other revenues. It does not include money borrowed to make up the shortfall. Support and ...

As India awaits the Union Budget for 2025-26, it's an apt time to explore key terms associated with this highly anticipated event. This article breaks down the concept of fiscal deficit and its ...

Canada typically sells more goods and services to the United States than it buys, an issue — or non-issue, according to economists — that dates back decades.