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STATE FINANCES
Centre releases Rs 1.09 lakh crore to states, advances August tax devolutionThe August 1 release is in addition to the regular monthly devolution due on August 10, giving states an early fiscal boost as they step up...- Centre releases additional Rs 1,09,019 crore tax devolution to states to boost capital spendingThe Union government released an additional Rs 1,09,019 crore tax devolution on August 1, 2026. This amount is separate from the scheduled ...
- Trump's push for lower US interest rates faces setback as borrowing costs climb before midtermsTrump's promise of lower interest rates is under pressure as Treasury yields climb and financial markets move contrary to the administratio...
- DLI 2.0 to widen financing options for chip design companiesThe Design-linked Incentive scheme's second edition may offer significant financial support. Eligible startups and MSMEs could receive seed...
- JPC asks industry to estimate financial hit from frequent pollsThe Joint Parliamentary Committee is seeking business impact data from industry bodies. Companies are detailing disruptions from past elect...
- Avaada Group secures $1.3 billion financial closure for 2,150 MW projectsAvaada Group achieved financial closure for its renewable energy portfolio worth USD 1.3 billion for projects in Gujarat and Maharashtra. T...
- Global Market: Weak yen lifts Japan's forex reserve surplus to $31 billion in FY25Japan posted a 5.06 trillion yen ($31 billion) surplus in its special foreign exchange reserves account in FY2025, the second-highest on re...
- Avaada gets ₹12,800-cr loan to fund projects in Gujarat and MaharashtraAvaada Group secured ₹12,800 crore financing from three major lenders. This funding will support 2.15 GW of renewable energy projects in Gu...
- Course correction: Govt readies plan to double education loan disbursalsThe government plans a nationwide push to expand education lending significantly. Faster approvals and campus outreach will improve student...
- ACME Solar raises ₹3,404 crore from Power Finance CorpACME Solar secured over ₹3,400 crore funding from PFC for its 250 MW project. This funding supports the development and construction of the...
- Is government planning to scrap Long Term Capital Gain (LTCG) tax on equities for domestic investors in FY 26-27? Minister respondsLong Term Capital Gain: The Finance Ministry has denied contemplating the scrapping of LTCG tax on equities for domestic investors. There i...
- Centre has sanctioned Rs 70,000 cr for West Bengal: State FM Swapan DasguptaThe Central government has sanctioned Rs 70,000 crore for West Bengal's development. This financial support aims to address a fifty-year de...
- Apple Upgrade leasing program explained: Monthly cost, what happened to the iPhone Upgrade Program, and everything else you need to knowApple has launched Apple Upgrade, a new device leasing service in the United States. This program allows customers to lease iPhones, iPads,...
- Tamil Nadu civic polls likely to be deferred to early 2027Local body elections in Tamil Nadu are expected to be postponed until early 2027. This delay is due to the extension of the Seventh State F...
- LIC appoints Shatmanyu Shrivastava as new CFO, replacing Sunil AgrawalShatmanyu Shrivastava has been appointed as the new Chief Financial Officer of LIC. He replaces Sunil Agrawal, who resigned from the financ...
- Higher FCNR and NRE FD interest rates: This bank revises NRE rates to 7.60% and FCNR rates to 7.40%; check detailsAU Small Finance Bank has raised interest rates on FCNR(B) and NRE fixed deposits. These new rates are effective from July 27, 2026, for sp...
- Parliament Watch: ESIC disburses Rs 5.26 crore under ABVK, 79 FEMA applications disposed of since FY22Parliament updates: Govt launched a 3-month drive to clear 16,033 labour disputes, ESIC disbursed ₹5.26 crore under ABVKY, approved polymer...
- NTA Young Professional Recruitment 2026: Vacancies, eligibility, salary and other details about contractual posts offering ₹80,000 per monthThe National Testing Agency is recruiting Young Professionals for its divisions. Vacancies exist for academic, legal, and finance research ...
- Mcap of nine of top-10 most valued firms erodes by Rs 2.74 lakh cr; HDFC Bank takes biggest hitLast week was tough for the Indian equity markets, with nine out of ten leading companies witnessing a decline in market value. HDFC Bank t...
- Bengal govt tables 28 pending CAG reports, accuses TMC of 'constitutional lapse'West Bengal's BJP government tabled twenty-eight pending CAG reports in the Assembly. The Finance Minister cited a constitutional lapse by ...
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