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States' expenditure rises 131% in 10 yrs on welfare, development: CAG ReportStates' spending surged 131 percent from 2015-16 to 2024-25. Welfare and development drove this growth. Revenue expenditure remained the la...- 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...
- Bank of Japan raises interest rates to 31-year highThe Bank of Japan has increased its policy rate to 1.0 percent. This marks a 31-year high for interest rates. The move signals a strong foc...
- Maharashtra bets bigger on green data centres; expands policy to entire stateMaharashtra has significantly expanded its green data centre policy. The state now allows more projects across all regions, not just Mumbai...
- West Bengal likely to unveil new industry policy with seamless land acquisition plans in June 22 budgetWest Bengal's first BJP government will unveil a new industrial policy in its maiden budget on June 22, featuring seamless land acquisition...
- CEA Nageswaran cites East Asia, says protection must be tied to productivity and global competitivenessChief Economic Advisor V Anantha Nageswaran highlighted that East Asian economies like China, South Korea, and Vietnam succeeded by offerin...
- Why the G7 is worried about global economic imbalancesIn a pivotal discussion at the G7 summit, France is highlighting urgent concerns about the global economic landscape. China's robust export...
- Agriculture Ministry's FY27 budget at Rs 1.4 lakh crore a five-fold jump from 2013-14 levelThe Modi government has five-folded the agriculture ministry budget to Rs 1.4 lakh crore for 2026-27. Over 3,000 climate-resistant crop var...
- Gujarat to introduce ‘Ultra Mega’ category in new industrial policyGujarat is introducing a new 'ultra mega' industry category. This requires at least Rs 10,000 crore investment and 3,000 jobs. The state is...
- FACT, Chambal Fertilisers shares up to 5% as government eyes doubling fertiliser subsidy allocationFertiliser stocks rallied after reports of a proposed doubling of subsidy allocation to Rs 1.71 lakh crore for FY27. Rising global prices a...
- 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...
- India eyes more FDI, speed up divestment, asset monetisation as economy faces external risksIndia's government is set to accelerate reforms, focusing on attracting foreign investment and divesting assets. This strategy aims to main...
- ATF prices rise about 10% as oil companies roll out fixed pricingAviation fuel prices have increased by about 10 percent. State-owned fuel retailers have introduced a price stabilization scheme. Domestic ...
- Indian economy, government finances, see mounting costs from Iran warIndia's economy, once humming with benign inflation and steady growth, now faces mounting costs from the Iran war. As a major oil importer,...
- India makes big moves to attract foreign investments in bonds: How will this impact stock market?India has unveiled significant measures to attract foreign investment, including tax exemptions on government securities and increased inve...
- PM rooftop solar scheme set for 7.5 million milestoneIndia's PM Surya Ghar Muft Bijli Yojana is set to reach over 7.5 million homes by year-end, with 4 million already benefiting. The scheme, ...
- Withholding tax removal could unlock $25 billion in bond Inflows, says Citi's Aditya BagreeIndia anticipates substantial foreign investment. Two key policy shifts, removing withholding tax on government bonds and inclusion in the ...
- Govt plans WhatsApp bot for PM Surya Ghar scheme to help households estimate subsidies, costs and savingsA new WhatsApp bot is coming to simplify rooftop solar adoption. Households can easily check subsidies and installation costs for the PM Su...
- OECD warns prolonged Middle East war could sharply slow global growthThe global economy faces uncertainty due to the Middle East conflict. The OECD warns of recession and rising inflation if the war continues...
- US-China Board of Trade: Trump administration seeks public comments on promoting balanced, reciprocal trade with BeijingThe Trump Administration is establishing a US-China Board of Trade to optimize bilateral trade in non-sensitive products, initiating a publ...
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