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DEPARTMENT OF EXPENDITURE
US inflation hits three-year high at 4.2% in May amid high energy pricesAmerica's consumer prices surged in May, reaching their highest in three years. This jump, fueled by rising gasoline costs due to Middle Ea...- Firms defaulting on labour wage may face ban from govt tendersCentral agencies can now ban contractors from government projects for failing to pay worker wages or social security contributions. Repeat ...
- Govt raises nearly Rs 20,000 crore through disinvestment, asset sales as West Asia conflict swells subsidy burdenThe Centre has raised nearly Rs 20,000 crore through stake sales and asset monetisation in the first two months of this financial year. Thi...
- Higher gasoline prices likely pushed up US consumer inflation again in MayMay is poised to bring a notable rise in consumer prices across the United States, signaling the steepest hike in three years. Fueled by es...
- Strong consumption keeps growth steady amid Iran war cost concernsIndia's economy shows steady growth driven by domestic demand. The West Asia conflict presents challenges like higher oil prices. The gover...
- Iran war: Fuel price surge squeezes dairy, poultry value chainsIndustry officials say rising fuel costs, coupled with geopolitical disruptions affecting commodity markets, are squeezing farmer margins a...
- West Bengal set to become 36th State/UT to implement Ayushman Bharat Pradhan Mantri Jan Arogya YojanaWest Bengal is set to join the Ayushman Bharat PM-JAY scheme on June 8, marking a significant step towards universal health coverage. The s...
- Maharashtra government extends educational benefits to Maratha students on par with OBCsThe Maharashtra government has made Maratha students eligible for educational concessions and benefits previously available to the OBC cate...
- Nashik Kumbh Mela 2027: Maharashtra government approves Rs 2,267 crore to acquire 191.21 acres of landThe Maharashtra government has allocated Rs 2,267 crore toward acquiring land for the Sadhu Gram initiative. This area will be used for hos...
- Differential deposit rates permitted but must be transparent, says RBI Governor amid HDFC Bank rowThe Reserve Bank of India permits banks to offer different interest rates on deposits. These rates must be transparent and follow specific ...
- Consumption demand faces risk from global headwinds, parliamentary panel informedIndian officials have warned that consumption demand might face challenges due to global economic pressures. However, strong service export...
- Kerala CM Satheesan tables white paper, flags debt burden; Opposition hits backKerala's budgetary practices are facing intense analysis. A recent white paper discloses staggering liabilities amounting to ₹5.07 lakh cro...
- Cabinet approves Rs 10,000 crore for ATF price stabilization fundThe Union Cabinet has approved a Rs 10,000 crore Aviation Turbine Fuel Price Stabilisation Fund. This fund aims to protect airlines and pas...
- A ₹3 lakh crore rain check? India’s monsoon now comes with a Hormuz fine printIndia’s fertiliser supply chain is under strain as the West Asia conflict disrupts shipping through the Strait of Hormuz, a critical route ...
- Anant Raj signs MoU with Haryana to invest Rs 20,000 crore in data centresAnant Raj Limited will invest Rs 20,000 crore in Haryana for data center development. This significant investment will boost digital infras...
- Assam govt suspends distribution of ration items for two months due to interim budgetAssam has temporarily halted the distribution of subsidized pulses, sugar, and salt under its public distribution system for two months, ef...
- Manipur to cut VIP convoy size, curb spending amid global challengesManipur's cabinet has embraced Prime Minister's appeal for austerity. Measures include reducing VIP convoys and freezing foreign travel. Th...
- Power storage VGF of Rs 15,000 crore in worksIndia is planning a significant boost for energy storage. A new viability gap funding scheme is in the works for 112 gigawatt-hour projects...
- Iran war: Public sector banks asked to stay preparedPublic sector banks received guidance from the Centre to prepare for global uncertainties. The finance ministry reviewed bank performance a...
- Kerala will inform public about its actual fiscal position: Governor's addressThe new Kerala Legislative Assembly session has begun. Governor Rajendra Vishwanath Arlekar presented the UDF government's policy. The gove...
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