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KARNATAKA FISCAL CHALLENGES
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...- Competition between direct selling industry, e-comm platforms intensifying: ReportIndia's direct selling sector is facing tough competition from online platforms. Consumers now expect faster delivery and convenience, simi...
- Rs 10 sugarcane FRP hike: Small raise, big questions for farmers and millsFarmers call the hike inadequate while industry warns of rising cane arrears
- Property tax: e-Khata in Bengaluru can now be downloaded online using SAS Property Tax ID; Know how to downloadBengaluru residents can now download their e-Khata online. This new system uses your SAS Property Tax ID for quick access. The Bruhat Benga...
- Gram panchayats boost own earnings, fund schools, flood control and digital accessIndian villages are achieving financial independence. Gram panchayats are boosting tax collections and using their own funds for schools, f...
- MoS V Somanna calls Siddaramaiah’s budget 'debt driven' with no focus on repaymentUnion Minister V Somanna has strongly criticized Karnataka's budget. He called it a debt-driven and anti-people exercise. Somanna alleged t...
- Siddaramaiah backs Stalin’s call for federal reset, seeks institutional forum for statesPraising Stalin for commissioning a detailed examination of Union–State relations, Siddaramaiah said Karnataka stands ready to work with TN...
- TN, Karnataka ordinances to hinder microfinance institutions' recovery; poll-bound Bihar under watch: CrisilCrisil Ratings anticipates that Indian microlenders will likely remain unprofitable until the fiscal year's end, citing challenges from sta...
- States, UTs crucial to India's rise as world’s third-largest economy by 2028: Morgan StanleyMorgan Stanley projects India to become the world's third-largest economy by 2028, reaching a $10.6 trillion GDP by 2035, with states and u...
- 4% quota for Muslim contractors: BJP to challenge K'taka's 'unconstitutional move' in courtThe BJP has criticized Karnataka's proposed 4% reservation for Muslims in government contracts, calling it an unconstitutional move aimed a...
- Union Budget 2025: Another missed opportunity for meaningful economic reformThe budget reveals the government's inability to address major challenges like unemployment, stagnant wages, and declining public expenditu...
- View: Interim budget high on rhetoric, low on actual commitment towards equitable societyThe budget claims to be pro-welfare. However, allocations made cannot be taken at face value. Allocations for major welfare schemes in the ...
- Solar cushion helps India’s renewable energy firms to offset wind shortfall: Moody’sAs a result of the lower generation, the EBITDA of rated renewable energy companies was lower by 2.5%-6.0% in last three fiscal years on an...
- India an oasis of stability and an island of calm amid global challenges, says FM Nirmala SitharamanCareful planning, targeted facilitation, fiscal prudence and understanding of the strengths of the Indian economy have helped the Narendra ...
- Never was Budget formulated in such a difficult situation: Karnataka CM Yediyurappa"Our government has faced many challenges during 2020-21. Though there are clear indications of recovery of green cover, the year 2021-22 m...
- Karnataka IT exports touch Rs 1.3 lakh crore in FY12Karnataka's IT exports zoomed nearly 50 per cent to touch Rs 1.3 lakh crore in 2011-12, a top state official said today.
- Another duty hike, FY'12 iron ore export unlikely to cross 50MTCountry's miners have said the upward revision in iron ore export duty to 30 per cent will make India's produce uncompetitive in the global...
- Some states may miss fiscal target in FY'12: ICRA"A few state governments may find it difficult to meet the fiscal targets set by the 13th Finance Commission in 2011-12," ICRA said.
- 'Lifting of iron ore export ban not to change things much'According to the industry figures, the ban impacted outbound shipments. Iron ore exports from India declined by 18 per cent to 85.43 MT.
- Indian biotech sector rebounds on global recoveryIndia's biotech industry bounced to high growth in fiscal 2009-10 to post revenues of $4 billion, a whopping 52 per cent over the previous ...
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