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Fiscal deficit widens to 9.6% of FY27 target on higher spendingIndia's fiscal deficit surged to 9.6% of the annual target in the first two months of the financial year, a significant jump from last year...
All you need to know about Meta’s Instagram, Whatsapp and Facebook subscription plans in IndiaMeta has launched paid subscription plans for WhatsApp, Instagram, and Facebook in India, offering customisation and convenience features f...
Finmin to engage with states over looming El Nino falloutThe Finance Ministry will soon meet with states and central ministries to assess the economic and fiscal impact of El Nino. This review wil...
Pakistan budget raises defence spending, squeezes development to meet IMF goalsFinance Minister Muhammad Aurangzeb told parliament the government would allocate 3 trillion rupees for defence in the fiscal year starting...
A ₹3 lakh crore rain check? India’s monsoon now comes with a Hormuz fine printIndia’s fertiliser supply chain is under strain as the West Asia conflict disrupts shipping through the Strait of Hormuz, a critical route ...
Inflation and input costs threaten earnings momentum going forward: Dhananjay SinhaIndia Inc. delivered strong March-quarter earnings, surpassing market forecasts. Revenue growth improved, supported by cost savings. Howeve...
Behind the petrol pump: Why fuel retailers losing Rs 7-8 per litre need $85 crude oil to stop bleeding cashOil companies face continued losses of Rs 7-8 per litre on petrol and diesel, with a breakeven point only at crude prices of $85-87 a barre...
Overseas travel spending by Indians falls to $1.09 billion in MarchIndians’ spending on overseas travel fell to USD 1.09 billion in March from USD 1.3 billion in February, according to RBI data on outward r...
Air India’s cabin glow-up is fighting the pressure of a brutal money heatAir India is undergoing a significant fleet overhaul, investing $400 million in refurbishing cabins with new seats, entertainment systems, ...
Fertiliser subsidy may surpass budgeted estimates by Rs 70k crIndia imports over 80% of its DAP requirements and for urea domestic production covers only 30-35% of total demand. India is among top fert...
Air India delays salary hikes, pushes cost cuts amid volatile FY26 outlookAir India is tightening its belt. Facing global challenges, the airline is cutting costs. This move comes after significant expansion. Mana...
Old vs new tax regime: Key differences that you must know before ITR filing for tax year 2026-27The new tax regime offers lower rates but removes many deductions, making a thorough comparison with the old regime crucial. While both reg...
Kevin Warsh wanted a family fight at the Fed. Oil has provided the sparkNew Fed Chair Kevin Warsh inherits a divided Federal Reserve. Four voters dissented on the latest policy, the largest split since 1992. Ris...
Govt seeks Parliament nod for Rs 44,143 crore extra spending in FY25The government is seeking parliamentary approval for an additional ₹44,143 crore in spending for the current fiscal year. This includes inc...
Centre seeks house approval for extra net spending of Rs 58,378 crThe demands involve gross additional spending of more than ₹1.29 lakh crore in this fiscal, a significant chunk of which, ₹70,968 crore, wi...
Interim budget for FY25 to be realistic; no major net cash outgo seen in FY24 supplementary demands: OfficialThe government had budgeted total expenditure at ₹ 45 lakh crore for FY24, while its tax and non-tax revenue was pegged at ₹26.3 lakh crore...
Parliament nod sought for extra spend of Rs 3.25 lakh cr on subsidy, capexThe government has also sought approval for Rs 45,176 crore additional expenditure by the rural development ministry, which includes Rs 16,...
Ceiling on party expenditure in campaigning will see 'light of day': outgoing CECThe election watchdog has been pushing for greater transparency in election-related expenditure by parties and candidates.
Outgo on pension to exceed salary payment this fiscal: FinMinAs per projections, salary bill of the govt will go up from Rs 1.50 lakh cr in last fiscal to Rs 1.58 lakh cr this year but pension outgo w...
- Govt expenditure likely to over-shoot by 21%: CMIE
Interest payment, which is the largest expenditure head of the government, accounted for 25% of total expenditure during April and May. Inv...