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FISCAL SUPPORT FOR STATES
India Inc profit hit from West Asia tensions to halve if truce holds, Crisil saysCorporate India's profitability impact from the West Asia conflict is now expected to be half of initial fears, with Crisil Ratings predict...- Engineering goods exports top US$12.31 billion in May, highest ever monthly exports despite West Asia conflictWe are positive that with the proper guidance of the Government, we will be able to achieve the desired export target of US$ 250 billion by...
- Tata Motors CV bets on Iveco deal to prop up local, global playTata Motors is targeting a 40% domestic commercial vehicle market share by FY28, bolstered by the proposed $4.5 billion acquisition of Ital...
- Oil falls to pre-war levels, no change in petrol and diesel prices in IndiaGlobal crude oil prices have fallen to their lowest levels since before the Iran conflict, with Brent slipping to around USD 72–73 per barr...
- Stocks in news: LIC, IRFC, Cummins India, Tata Motors PV, ONGCIndian markets surged on Wednesday, recovering previous day's losses, with banking stocks leading the charge from a strong support zone, si...
- Cummins India bets on local demand as Middle East conflict clouds exportsCummins India anticipates robust domestic demand to fuel its fiscal 2027 growth, despite ongoing Middle East geopolitical tensions impactin...
- Banks boost renewable energy credit by 7% in April amid energy security concernsBanks are boosting credit to renewable energy projects, with a 7% jump in April, as global conflicts highlight India's reliance on oil. Thi...
- RBI's FCNR push may boost banks' deposit growth: CrisilForeign currency deposits are poised for a boost as the RBI removes interest rate caps on certain non-resident accounts until September. Th...
- Pentagon seeks $80 billion from Congress for Iran warThe Pentagon is seeking an additional $80 billion, primarily for the ongoing conflict with Iran, adding to President Trump's substantial de...
- NARCL to expand beyond government guarantee modelIndia's state-backed bad bank, NARCL, is set to broaden its acquisition strategy, moving beyond government-guaranteed deals. This expansion...
- Global economy remains fragile despite US-Iran truce, but India has buffers to weather shocks: RBIGlobal economic fragility persists despite a US-Iran truce, with risks of renewed inflation and supply disruptions if tensions re-escalate....
- US stocks: Oaktree-backed ITG targets $2.7 billion valuation in US IPODigital infrastructure firm ITG is aiming for a valuation of up to $2.67 billion in its US stock market debut, seeking to raise as much as ...
- West Bengal's Rs 4.39 lakh crore Budget under BJP aims to bury 'syndicate raj', woo investorsWest Bengal's new government unveiled a Rs 4.39 lakh crore budget prioritizing fiscal restructuring and job creation. Finance Minister Swap...
- Petrol, diesel margins back to above pre-conflict levels: ReportState-run oil companies are poised for improved profitability as falling crude prices boost fuel marketing margins. While recent government...
- Modi releases PM-Kisan instalment for 9.44 crore farmers, launches world's largest crop insurance scheme in BengalPrime Minister Narendra Modi disbursed over Rs 18,880 crore to 9.44 crore farmers under the PM-KISAN scheme. He also launched the Pradhan M...
- SBI’s board clears record Rs 60,000 cr fundraise in FY27State Bank of India's central board has approved raising up to Rs 60,000 crore this fiscal through rupee and dollar bonds. This move aims t...
- Designer subsidies must be the fashionThe Comptroller and Auditor General of India has issued a cautionary note regarding the surging state subsidies that are beginning to weigh...
- CAG asks states to disclose off-budget borrowings in A/CsIndia's Comptroller and Auditor General, K Sanjay Murthy, urged state governments to fully disclose their off-budget borrowings. He highlig...
- UP, Gujarat, Jharkhand, 10 other states record revenue surplus in FY25: CAG reportFifteen Indian states faced revenue deficits in the fiscal year 2024-25. Thirteen states, however, reported revenue surpluses. The Comptrol...
- India's fiscal policy is evolving to support domestic growth: S&P GlobalIndia is adjusting its fiscal policy to boost domestic growth and economic strength. Global uncertainties are prompting a move towards long...
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