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FISCAL PRUDENCE IN INDIAN BUDGET
Govt fast-tracks disinvestment process to shore up revenues, garners 31% of budget aim in Q1 FY27The government is accelerating its disinvestment and asset monetisation drive, achieving 31% of its full-year target in just the first quar...02 Jul, 2026, 07.41 PM IST- Saleem Ahmad takes additional charge as Ircon chairman and managing directorSaleem Ahmad, CMD of Rail Vikas Nigam Limited, has taken on the additional role of leading Ircon International Limited. Ahmad stressed stak...02 Jul, 2026, 02.26 PM IST
- ETtech Explainer: OpenAI is halving inference cost and what this meansOpenAI has reportedly halved its AI inference costs through significant optimizations, a crucial development amid rising AI development exp...02 Jul, 2026, 12.25 PM IST
- Chinese proverb of the day: 'Don't carry a candle near inflammable things, and when you've blown a...' - this Chinese saying teaches life lessons on being cautious, responsible, aware and why small mistakes can turn into big disastersChinese proverb of the day: Chinese saying warns against complacency, emphasizing that even after a danger seems to have passed, lingering ...01 Jul, 2026, 11.05 PM IST
- LDF walks out of Kerala Assembly, accuses CM Satheesan of 'misleading' House on fund cutsKerala Assembly saw a heated debate as the opposition LDF walked out, accusing Chief Minister V D Satheesan of misleading the House regardi...01 Jul, 2026, 02.53 PM IST
- Japanese bond yields rise on yen weakness, fiscal worriesJapanese government bond yields climbed Wednesday, with longer-term rates nearing a month's peak. A weakening yen and concerns over governm...01 Jul, 2026, 08.47 AM IST
- Fiscal deficit widens to 9.6% of FY27 target on higher spendingIndia's fiscal deficit surged to 9.6% of the annual target in the first two months of the financial year, a significant jump from last year...01 Jul, 2026, 01.02 AM IST
- India Semiconductor Mission 2.0 gets EFC nod with ₹1.2 lakh crore outlayIndia's semiconductor ambitions are set for a major boost with the Expenditure Finance Committee approving nearly ₹1.20 lakh crore for the ...01 Jul, 2026, 12.57 AM IST
- Let's gilt trip those foreign investorsGoldman Sachs highlights Indian government bonds as a prime investment opportunity for foreign investors. Favorable policy changes by the I...30 Jun, 2026, 11.44 PM IST
- India's April-May fiscal deficit at ₹1.62 lakh crore, widens on-year to 9.6% of FY27 aimIndia's fiscal deficit stood at ₹1.62 lakh crore during April-May, accounting for 9.6% of the full-year budget estimate, according to gover...30 Jun, 2026, 05.25 PM IST
- 8th Pay Commission: Key deadline ends today; why this step is important for central government employees’ salary hikeCentral government departments must submit pay revision data for the 8th Pay Commission by today, June 30, 2026. Submissions are strictly o...30 Jun, 2026, 05.23 PM IST
- Coal India to invest $201 million in research and development by fiscal 2030Coal India is set to invest a substantial 19 billion rupees in research and development by 2030, focusing on clean coal, net-zero technolog...30 Jun, 2026, 02.28 PM IST
- Oil risks rise, but Moody's sees India holding firmMoody's Ratings believes India can manage a wider fiscal deficit this year without jeopardising its investment-grade credit rating. Despite...29 Jun, 2026, 06.52 PM IST
- India's higher nominal GDP growth may help contain fiscal pressures despite global risks: EYIndia's fiscal deficit is expected to remain under control in FY27, thanks to robust nominal GDP growth driven by higher inflation, accordi...27 Jun, 2026, 04.56 PM IST
- West Bengal FY27 Budget: SBI report hints shift to investment-led growth and economic transformationWest Bengal's FY27 budget signals a strong pivot towards investment-led growth, emphasizing industrialization and long-term economic transf...25 Jun, 2026, 03.19 PM IST
- SBI Research sees Bengal budget tone most optimistic in 17 yearsWest Bengal's new budget signals a significant policy shift, moving from welfare to investment and industrial growth, according to SBI Rese...25 Jun, 2026, 12.03 PM IST
- West Bengal budget is 'expansionary' and seeks to revitalise the state's economy: State FM Swapan DasguptaThe first state budget presented by the new BJP government in West Bengal combines a push for industrial revival with continued focus on we...23 Jun, 2026, 11.21 PM IST
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