Defense spending is a multifaceted phenomenon. In recent years, economists and policy makers have been interested in the explanation of the relationship between defense spending and macroeconomic variables especially growth. This study explores the connection between defense outlays and growth...

The service sector has emerged as the most extensive and fastest-growing sector in India. It has become the lifeline for a country's socio-economic growth as it contributes significantly to GDP growth, employment, trade, and investment. The services sector holds the second position after...

The introduction of the Goods and Services Tax (GST) is a significant reform in the field of the indirect tax system in the country. It was a single tax system instead of multiple tax systems levied by the center and state government. GST has come into force on 1 July 2017 and completed four...