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GOVERNMENT EXPENDITURE
SC to set up special bench to hear NHAI plea against direction to build shelters for stray cattleIn a significant move, the Supreme Court plans to convene a special bench to deliberate on the NHAI's challenge against a directive mandati...
Premier Energies commissions 7 GW solar cell plant in Andhra PradeshPremier Energies commissioned a large solar cell manufacturing facility in Andhra Pradesh. This new plant significantly boosts the company'...
Oil prices key external risk, but yet to derail growth outlook: Radhika Rao, Executive Director & Senior Economist, DBS Bank"In the near term, priorities will be to manage liquidity, gradually lower the sizable forwards book and support the domestic currency. Lon...
Govt support, benign inflation helped in Q1: Sonal Varma, Chief Economist, India & Asia (excl. Japan), Nomura"We expect GDP growth to moderate from around 7.3% in H1FY27 to 6.7% in H2, still delivering a solid 7% for FY27 overall."
‘Viksit Bharat depends on Viksit Rajya’: CEA calls for more private capital, higher state capexChief Economic Adviser V Anantha Nageswaran said India will need greater private-capital participation to finance its development ambitions...
Charting the global economy: Fed officials raise interest ratesThat marks the shortest interval between such moves since 1990, when the central bank’s rapid policy tightening played a key role in bursti...
Mumbai-Goa Highway cost jumps 48% to Rs 16,909 crore: One package up 126%, Rs 11,577 crore spent, yet parts remain unfinished; RTI reveals why Konkan commuters are still waitingMumbai-Goa highway cost: Mumbai-Goa highway widening project's sanctioned cost has risen by nearly 48%, with more than Rs 11,500 crore alre...
AI investment, government borrowing drive global cost of capital higher: Goldman SachsGoldman Sachs says the global cost of capital is rising as AI infrastructure spending pushes companies to borrow more while governments als...
8 changes in income tax audit forms for AY 2026-2027; what taxpayers need to knowFor the assessment year 2026-2027, the deadline for income tax audits is set for September 30, 2026. Businesses utilizing presumptive taxat...
Private sector investment key for Viksit Bharat: DEA secretaryPrivate sector financing is crucial for India's ambitious Viksit Bharat vision. Government budgets alone cannot meet the scale of transform...
Private financing critical for Viksit Bharat goal: Economic Affairs SecretaryAchieving India's Viksit Bharat vision requires significant private sector investment. Government budgets alone cannot bridge the substanti...
Odisha plans 'Silicon Valley' near Cuttack, offers 25% extra capex support for chip projects: CM MajhiOdisha plans a new "Silicon Valley" near Cuttack to attract chip industry investments. The state will offer additional fiscal support for s...
EPF wage ceiling hiked to Rs 25,000: How much employees gain and what it costs the governmentIn a significant move, the government has lifted the provident fund wage ceiling to Rs 25,000 monthly, bringing over 51 lakh new employees ...
Supreme Court urges Tamil Nadu to reconsider Navodaya Vidyalaya opposition over language policyThe Supreme Court urged Tamil Nadu to reconsider its opposition to Navodaya Vidyalayas. Justices asked the state to identify suitable land ...
Govt bars selling chip plants till declaration of full commercial production under Semicon 2.0 schemeTill declaration of the commercial production of the entire project, the company shall not sell or dispose of the project assets or any par...
Ladakh must seek written safeguards from Centre: Omar AbdullahOmar Abdullah, the Chief Minister of Jammu and Kashmir, recently encouraged leaders from Ladakh to secure written commitments from the cent...
Centre eases export compliance for shipments up to Rs 3 lakh, seeks 5-year RoDTEP extensionExporters will not need a registration certificate for shipments valued up to three lakh rupees. This change reduces compliance burdens for...
Cabinet raises EPFO wage ceiling to Rs 25,000 from Rs 15,000The government has increased the provident fund wage ceiling to Rs 25,000 monthly. This significant move aims to expand social security cov...
Global Market: Japan bond yields rise as inflation concerns build ahead of Fed decisionJapanese government bond yields extended their rise as higher oil prices and Middle East tensions fuelled inflation concerns. Longer-dated ...
US seeks details of India's rice stocks used for Ethanol outputThe United States has sought details from India on the use of rice for ethanol production. Washington has alleged that India’s rice stocks ...