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FINANCE MINISTRY BUDGET
Charting the global economy: US spending rises, weather loomsUS consumer spending remains robust despite rising prices, though new home sales dipped. President Trump is scrutinizing gasoline costs. Eu...
Do you lose your interest and deposit if you have multiple PPF accounts? Here's what the rules sayDiscovering you have two Public Provident Fund accounts can be a common oversight, but it's crucial to address. Indian regulations strictly...
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, ...
India's export ambitions need more than infrastructure, says BCBAAs India pursues its economic ambitions, the customs and logistics ecosystem will play a pivotal role in enhancing trade competitiveness an...
Critical minerals, strategic stakes: Inside India's bid to break China's supply chain strangleholdIndia and the US have inked a pact to secure critical mineral supplies, bolstering a broader Quad initiative aiming to invest $20 billion i...
Jairam Ramesh writes to Sarbanand Sonowal, seeks clarifications on Great Nicobar project's transhipment portCongress leader Jairam Ramesh has questioned Union Minister Sarbanand Sonowal about the Great Nicobar Island project's transhipment port, s...
Rs 19,700-crore carbon capture scheme gets nodThe carbon capture, utilisation and storage (CCUS) scheme is expected to attract investments of about ₹37,500 crore and create carbon-captu...
India taps World Bank, ADB for $2.5 billion infrastructure spendIndia is in talks with the World Bank and Asian Development Bank for substantial funding. This financial support aims to boost urban infras...
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 ...
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...
India will do more to boost inflows: Finance Minister Nirmala SitharamanIndia plans further measures to attract foreign capital. Finance Minister Nirmala Sitharaman stated that additional steps will be taken if ...
India’s fertiliser subsidy model is broken; direct income support is the only way forward: Ashok GulatiIndia’s fertiliser subsidy regime is facing scrutiny; rising global fertiliser and energy prices and rising fiscal pressures expose its ine...
CAG flags shortcomings at Social Audit Unit of Assam; suggests corrective measuresAssam's Social Audit Unit is struggling with significant operational and governance issues. A CAG report reveals its registration expired f...
India willing to let fiscal deficit widen to 4.8% of GDP: ReportIndia faces a larger budget deficit this year. The war in Iran is increasing energy subsidy costs. This puts pressure on government finance...
President approves merger of REC with Power Finance CorporationThe President has approved the merger of REC Ltd into Power Finance Corporation. This move follows PFC's acquisition of a majority stake in...
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...
Fertiliser Ministry seeks to double subsidy from Rs 1.71 lakh crore budgeted for FY27 as Iran war hits costsWith rising prices of imported soil nutrients stemming from ongoing conflicts in West Asia, the fertiliser ministry is pushing for a substa...
NSE to route 10% of CSR spending through Social Stock Exchange after regulatory green lightNSE will channel 10% of its annual CSR corpus through the Social Stock Exchange, becoming an early institutional adopter of the platform. T...
War, debt and cuts: The price of Israel's security pushIsrael faces a steep economic challenge. A massive defence budget, driven by ongoing conflicts and Netanyahu's vision for a militarised nat...