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GOVERNMENT EXPENDITURE
India hands over Rs 2.5 billion cheque to Bhutan as 5th tranche towards Economic Stimulus ProgrammeIndia has disbursed the fifth tranche of Rs 250 crore for Bhutan's Economic Stimulus Programme, bringing the total released to Rs 1,250 cro...- Eighth Pay Panel may stay cautious on fitment factorWhile the Commission hasn't yet finalised its recommendations, early discussions suggest that the fitment factor could remain close to the ...
- State borrowings must focus on asset creation, not just revenue expenditure: FM Nirmala SitharamanUnion Finance Minister Nirmala Sitharaman urged state governments to invest borrowed funds in long-term assets like schools and hospitals, ...
- Infra projects see Rs 5.4 lakh crore cost overrun: MoSPIIndia's major infrastructure projects, each exceeding Rs 150 crore, have collectively seen cost overruns reaching approximately Rs 5.4 lakh...
- 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...
- Tamil Nadu Minister CTR Nirmal Kumar releases white paper on Electricity BoardTamil Nadu Minister for Energy Resources and Law, CTR Nirmal Kumar, on Thursday released a detailed White Paper statement on the infrastruc...
- 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...
- IRFC OFS subscribed over 1.5x by institutional investors; govt to exercise greenshoe optionThe government’s offer for sale in IRFC received a strong response from institutional investors, with the non-retail portion subscribed 1.8...
- IRFC shares tumble 5% as OFS opens for non-retail investors. Here’s what shareholders should knowIRFC shares dipped 5% as the government launched an Offer for Sale, planning to sell a 1% stake at a floor price of Rs 91. This move aims t...
- Regulating charity without stifling it: The case for clearer rulesIndia's charity sector, vital for social needs, faces evolving regulations aimed at transparency. While scrutiny is accepted, current rules...
- Govt to sell up to 2% stake in IRFC via OFS; issue opens WednesdayThe government will launch an OFS in IRFC on Wednesday, offering up to a 2% stake through a base issue and greenshoe option. The share sale...
- Centre extends Old Pension Scheme (OPS) benefit to compassionate ground appointees: Application date to decide eligibility; who will benefit?Central government employees appointed on compassionate grounds before 2004, but joining after, can now opt for the Old Pension Scheme (OPS...
- Maharashtra govt tables Rs 97,706 cr supplementary demands; Rs 20,552 cr for farm loan waiverMaharashtra government tabled supplementary demands of over Rs 97,700 crore, with a significant Rs 20,552 crore earmarked for the farm loan...
- Kerala CM VD Satheesan presents maiden UDF budget for 2026-27Kerala's Chief Minister VD Satheesan presented the state's first budget for the financial year 2026-27. The government inherited a signific...
- Ageing EVMs, more booths: EC seeks Rs 500 crore ahead of 2029 pollsThe Election Commission of India is preparing for the 2029 general elections. It needs over ₹500 crore to buy new electronic voting machine...
- Parliamentary panel moots higher education spending, says NEP's 6% GDP target unmetA parliamentary committee has flagged current higher education funding as inadequate. It urges an increase to six percent of GDP, aligning ...
- 8th Pay Commission news: Defence employee body demands new inflation index to calculate 8th CPC DA, DR, revised payThe All India Defence Employees’ Federation (AIDEF) has urged the 8th Pay Commission to replace the AICPI-IW-based inflation measure with a...
- 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...
- Fiscal stress deepens across states as all 28 post deficits in FY25: CAG reportIndia's states continued to face mounting fiscal pressures in 2024-25, with all 28 states reporting fiscal deficits and their combined liab...
- Tamil Nadu CM announces full waiver of coop crop loans up to Rs 75,000Tamil Nadu Chief Minister C Joseph Vijay has announced a significant crop loan waiver. Farmers can receive a full waiver for loans up to Rs...
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