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KERALA FINANCIAL CRISIS
Kerala's liabilities top Rs 5 lakh crore; pending dues near Rs 49,000 croreKerala faces a severe fiscal challenge. Total outstanding liabilities have surpassed Rs 5.07 lakh crore. Unpaid dues and deferred payments ...
From $22 billion to zero: Success, not failure, brought Byju downByju's, once a $22 billion edtech giant, has collapsed. Founder Byju Raveendran faces jail for contempt. The company's downfall stems from ...
Assam govt aims 20% cut in fuel cost, 10% down in revenue expense as part of austerity measuresAssam government has announced austerity measures to boost fiscal prudence. Fuel expenditure will be cut by 20 per cent. Minister and offic...
Hike in milk price necessary, will be implemented: Kerala's MilmaState-run dairy cooperative Milma will soon increase milk prices. Chairman K S Mani stated the hike is necessary for the company's progress...
Is Noida airport really a threat for GMR-owned Delhi airport? JM Financial analysts decode impactNoida International Airport's opening will not severely affect Delhi airport's business. Experts predict only a small passenger shift, main...
DFS is seeking lender data on war-hit SMEsPeople familiar with the matter told ET that banks have been asked to provide details on sectors affected, like the Morbi-based ceramics in...
Indian billionaire boss says he has never worn a diamond watch, introduces employee who owns one. Who is Yusuff Ali?A video of Indian business magnate Yusuff Ali playfully highlighting his employees' diamond watches, while he wears a simpler one, has gone...
Kerala's financial crisis artificially created by Centre, alleges state finance minister K N BalagopalThe Kerala government accused the Centre of undermining the country's federal structure, leading to a financial crisis in the state. Financ...
Centre sanctions Rs 21,253 crore to tackle Kerala's economic crisisThe move comes as Kerala grapples with various economic challenges, including salary delays for government employees and stalled developmen...
Supreme Court urges Center to bailout Kerala amid financial crisisSC has urged the Union government to contemplate offering a singular financial rescue package to the Kerala administration, which is encoun...
Kerala moved SC against the unconstitutional, illegal financial measures of Centre: CM VijayanVijayan said instead of seeking an explanation from the Centre for such measures, Kerala Governor Arif Mohammed Khan was asking for a repor...
Kerala facing 'unprecedented financial crisis', says state Finance Minister K N Balagopal"It is true that the state is facing an unprecedented financial crisis. However, the reasons contributing to the crisis are beyond the cont...
Kerala government criticises Centre over new restriction in MGNREGAPointing out that the structure of village panchayats in Kerala and northern states are quite different, he said even a single ward in Kera...
Kerala: Financial crisis, KSRTC to impose cess tax on ticketsThe Congress-led UDF government passed "Kerala State Road Transport Corporation Bill 2014", approving the imposition of the cess tax.
No financial crisis, only constraints: Kerala FM K M ManiKerala is not in the grip of a financial crisis though the state is faced with financial difficulties, Finance Minister K M Mani told state...
- No financial crisis in Kerala, says CM
Govt while trying to increase revenue collection is reducing expenses other than on development and welfare schemes.
Job loss fears: Govt says no need to panicThe Dubai debt crisis fuelled fears of job cuts and its adverse fallout on remittance-dependent economy in Kerala.