India's states continued to face mounting fiscal pressures in 2024-25, with all 28 states reporting fiscal deficits and their combined liab...

States are facing fiscal pressure as revenue growth slows and welfare spending remains high, leading to elevated deficits. Morgan Stanley r...

Himachal Pradesh government approved a monthly cash transfer of ₹1,500 for eligible women. This fulfills a key Congress poll promise. Women...

West Bengal is heading into a high-stakes Assembly election scheduled in two phases on April 23 and April 29 across all 294 seats, with cou...

State capital spending growth is set to slow in FY27. This moderation follows a strong FY26. Rising revenue expenses and slower revenue gro...

States' debt in India is expected to reach ₹94.4 lakh crore by March 2025, comprising 32.7% of GSDP, and to further climb to ₹103.6 lakh cr...

The GSDP, which was at Rs 38.79 lakh crore in 2023-2024, was expected to expand by 10 per cent to reach Rs 42.67 lakh crore in 2024-25, Paw...

The rating agency noted that overall borrowings of 18 states, which constitute 90% of the country’s gross state domestic product, is likely...

India Ratings expects fiscal deficit of the state to come in at 1.2 per cent as against the FY24 budget estimate of 1.8 per cent of gross s...

The state's GSDP at current prices increased at a pace ranging from 12.76% to 15.62% between 2016 and 21 according to the report that Chief...

Given the pandemic and the resultant financial crunch, the Centre allowed states to borrow up to 5 per cent of their gross state domestic p...

In line with higher-than-budgeted deficit ratios, the state's debt-to-GSDP ratio has jumped to 20.2 per cent in 2020-21, up from 16 per cen...

"The state registered revenue surplus of Rs 238 crore during 2015-16. It is overstated due to mis-classification of grants-in-aid (Rs 151 c...

Excessive focus on containing fiscal deficit and adherence to the fiscal limits had resulted in lack of capital expenditure by states, adve...

India’s central government finances receive a great deal of attention but state finances are sizeable too, with state-level debt making abo...

Despite Punjab trying "hard" to bring fiscal discipline, its fiscal health when compared with Haryana, the neighbouring state is performing...

In line with 13th Finance Commission recommendations, states told to cap borrowings between 3 & 3.5% of GSDP in FY12.