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India fiscal policy to turn pro-growth as government moves to target debt-to-GDP, economists say

MUMBAI, Jan 21 (Reuters) – India’s fiscal policy is expected to turn more growth-supportive as the federal government shifts to targeting the debt-to-GDP ratio starting April 2026, several economists said in notes ahead of the annual budget on February 1. Until now, the government targeted the fiscal deficit, which will be lowered to a targeted 4.4% of GDP for the year ended March 2026 from 9.2% in 2020-21. The shift to debt-to-GDP as the key fiscal measure will result in a more modest pace of tightening, supporting growth, economists said. “We believe government will look to target 55% of GDP

India-EU trade deal set to conclude in next few days, Spanish minister says

NEW DELHI, Jan 21 (Reuters) – A India-EU trade deal is likely to be concluded in the next few days, Spain’s Foreign Minister José Manuel Albares said during a visit to New Delhi on Wednesday. “Everything is going forward perfectly. We do not expect any obstacle,” Albares said after bilateral meetings with India’s foreign minister Subrahmanyam Jaishankar and president Droupadi Murmu in Delhi. Consolidating the deal was an important signal of the EU’s commitment to free trade and economic security, Albares added. “We need to make clear to the whole world that we believe in free trade and have the

CEC says pure voters’ list key to strengthen democracy

New Delhi, Jan 21 (PTI) Against the backdrop of opposition parties questioning the SIR (Special Intensive Revision) of electoral rolls, CEC (Chief Election Commissioner) Gyanesh Kumar on Wednesday asserted that a “pure” voters’ list is the key to strengthening democracy. Addressing the inaugural session of an international conference of election management bodies here, he also highlighted that not one complaint was filed challenging inclusion or exclusion of electors during the roll revision exercise in Bihar last year. Kumar also noted that not even a single repoll was ordered in the two phases of Bihar Assembly elections in any of the

FACT FOCUS: Trump highlights familiar false claims as he reviews his first year back in office

WASHINGTON, January 21, 2026 (AP) — President Donald Trump marked his first year back in office by presiding over a meandering, nearly two-hour-long press briefing to recount his accomplishments, repeating many false claims he made throughout 2025. Among the topics about which he continued to spread falsehoods were the 2020 election, foreign policy, the economy and energy. Here’s a closer look at the facts. 2020 election TRUMP, referencing former President Joe Biden: “… a man that didn’t win the election, by the way, it’s a rigged election. Everybody knows that now. THE FACTS: This is a blatant falsehood that has

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