Is the Union government finally set to bite the bullet on a fiscal package? On Friday, it re-scaled its borrowing programme for the year, upping the figure sharply to ₹12 trillion from ₹7.8 trillion, according to reports.

This would cover an inevitable drop in tax revenues this year as the economy undergoes a covid crash. But will it also allow for additional spending?

To an extent, yes. Since the economy’s outlook this year is uncertain, it is hard to gauge what estimates have been made by the finance ministry.

But the revision does seem aimed at some extra spending to shore up the economy as well. In the budget presented before the crisis hit us, central expenditure was pegged at about ₹30.4 trillion for 2020-21, while the government

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Fed's Powell says new lending programs to launch by June 1

Federal Reserve Chairman Jerome Powell (L) talks with US Treasury Secretary Steven Mnuchin during the G20 finance ministers and central bank governors meeting in Fukuoka on June 8, 2019. (Photo by KIM KYUNG-HOON/AFP via Getty Images)

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'90 Day Fiancé' Star Laura Reveals Her New 25-Year-Old Love Interest After Split From Aladin

Monday night's episode of gave an update on season one star Laura, who has a new boyfriend following her nasty split from her ex, Aladin.

state California Canada Qatar Ecuador Tunisia quarantine 90 Day Fiance stars Coronavirus old

'Good Omens' author Neil Gaiman sorry for breaking Scotland's lockdown measures

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Amanda Palmer Usa Britain Los Angeles New Zealand Scotland city London covid-19

Karol G and the Jonas Brothers take social distancing to a new (and sexy) level with ‘ X’ music video

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Aeko Brown, 6 Mos., Sucks On His Fingers In Adorable New Pics Shared By Ammika Harris

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Coronavirus: 136 more test positive for Covid-19 in Bengal, tally rises to 1,637

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Resolution seeking to establish origins of covid-19 passed at World Health Assembly

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427 new coronavirus cases, 15 deaths in Ontario as total cases rise to 23,384

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Florida sees 502 new cases of COVID-19 as turmoil unfolds over state’s virus data dashboard

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state Florida covid-19 information Coronavirus

Shaggy struggling with being separated from his family in Jamaica during lockdown

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Usa Britain Jamaica outbreak quarantine Coronavirus

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India’s power bailout depends on states clearing utility dues

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90 Day Fiancé: Self-Quarantined Sparks New Online Love for Laura?

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Haim to release new single ‘Don’t Wanna’ later this week

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India’s current account may turn surplus on coronavirus, Barclays says

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Scots can now find Scotland’s best food and drink products with new online shop

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Jon Gosselin Is Now Working at a Healthcare Facility Amid COVID-19 Pandemic (Exclusive)

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Daniel Stendel's Hearts contract situation and why his future is on hold for now

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Christian Schauf: 5 Things About Meghan King Edmonds’ New BF 6 Mos. After Jim Split

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601 new Covid-19 cases found in Tamil Nadu, including 37 foreign returnees

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Kerala reports 12 new covid-19 cases, active cases rises to 142

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Covid-19: Maharashtra creates new workforce as migrant laborers leave the state

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YouTube goes after more TV advertisers with new program

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The best medical dramas available to stream right now

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Listen to two new Lucy Rose songs, ‘Question It All’ and ‘White Car’

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Inspirational 'lifeline' choir that starred in Cold Feet could now fold - despite only needing £80 a week

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Indian stock markets end 1% higher on Tuesday but off intraday highs

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JEE-Main aspirants can change exam centres amid coronavirus pandemic

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You are invited to the launch of Beoga’s new album

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Author Neil Gaiman apologies over lockdown journey from New Zealand to Skye

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Justin Bieber does wife Hailey's makeup as they joke he's found his 'new calling'

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US set to donate 200 ventilators to India, first tranche of 50 to arrive soon

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Stock futures pause following rally on vaccine hopes and economies reopening

Census data shows the impacts of the pandemic on U.S. small businesses.

New York state Massachusets county Jerome city Powell, county Jerome covid-19 pandemic vaccine economy Coronavirus

United States	Cases: 46 252 513 Deaths: 750 423 Recovered: 0
India	Cases: 34 321 025 Deaths: 459 652 Recovered: 0
Brazil	Cases: 21 835 785 Deaths: 608 235 Recovered: 0
United Kingdom	Cases: 9 215 683 Deaths: 141 607 Recovered: 0
Russia	Cases: 8 494 589 Deaths: 237 619 Recovered: 0

Is New Delhi ready to bite the bullet?

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