India plans to construct 26,474 kilometers of rural roads this financial year. This target marks a significant 69% increase in road buildin...

EPF interest rate: The government has approved an 8.25% interest rate for Employees Provident Fund deposits for the fiscal year 2025-26. Th...

The government will decide on extending import duty exemptions for 40 products after June 30. This decision hinges on the evolving situatio...

Government disinvestment is off to a good start this fiscal year. Small stake sales in public sector undertakings are generating revenue. T...

Global crude oil prices may fall after Middle East peace efforts. However, fuel prices in India might not decrease immediately. Oil compani...

The government's push for non-tax revenue is off to a strong start, with public asset monetisation nearing 30% of last fiscal year's total ...

India's Comptroller and Auditor General, K Sanjay Murthy, urged state governments to fully disclose their off-budget borrowings. He highlig...

The Finance Ministry will soon meet with states and central ministries to assess the economic and fiscal impact of El Nino. This review wil...

Fifteen Indian states faced revenue deficits in the fiscal year 2024-25. Thirteen states, however, reported revenue surpluses. The Comptrol...

India's states continued to face mounting fiscal pressures in 2024-25, with all 28 states reporting fiscal deficits and their combined liab...

India is adjusting its fiscal policy to boost domestic growth and economic strength. Global uncertainties are prompting a move towards long...

The Indian government is developing a strategy for domestically controlled AI infrastructure to enhance AI adoption in governance and culti...

Reserve Bank of India Governor Sanjay Malhotra met West Bengal Chief Minister Suvendu Adhikari in Kolkata. They discussed key economic issu...

Finance Minister Muhammad Aurangzeb told parliament the government would allocate 3 trillion rupees for defence in the fiscal year starting...

India faces a larger budget deficit this year. The war in Iran is increasing energy subsidy costs. This puts pressure on government finance...

India's robust economic expansion is shielding state finances from worsening. Despite ongoing spending needs and revenue gaps, strong growt...

A report on datasets for State Finance Commissions will be released by the Chief Economic Advisor in New Delhi on Monday. This initiative a...