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GOVERNMENT EXPENDITURE
Pakistan's fiscal surplus plunges 40% in Q1 as spending and interest costs risePakistan's fiscal position deteriorated in the first quarter of the financial year 2026. The country's budget surplus fell sharply to 0.9 p...- CAG to audit urea subsidy, distribution in 169 districtsIndia plans to spend ₹2.17 lakh crore on fertiliser subsidies this fiscal year, focusing on urea. The Comptroller and Auditor General will ...
- India’s election calendar needs a reset. Is 'One Nation, One Election' the answer?India frequently holds elections, affecting the government’s ability to implement long-term reforms effectively. Competitive populism emerg...
- Reimagining tax compliance through trustIn 2025, the Income Tax Act sets the stage for a new paradigm in tax compliance within India. This legislation prioritizes transparent dial...
- Central government sets Rs 1.5 lakh laptop price limit for employees; Rs 1.8 lakh for Make-in-India devicesThe central government has issued new guidelines allowing officers in Pay Levels 8 and above to buy laptops for their official duties. Elig...
- Shree Cement to invest Rs 7,000 crore in Andhra Pradesh; plans plants in 3 districtsShree Cement Ltd plans to invest Rs 7,000 crore to establish cement plants in Andhra Pradesh. The company will set up facilities in Kadapa,...
- Renewables helped India save over $100 billion in fuel imports since 2011: IEAIndia's expansion of renewable energy capacity has helped the country avoid more than USD 100 billion in coal and natural gas import costs ...
- Centre bans export of Li-ion battery waste, scrap to boost domestic recycling and critical mineral recoveryIndia has imposed an immediate ban on the export of lithium-ion battery black mass to strengthen its local recycling ecosystem. This decisi...
- Govt raises price cap for electronic devices to Rs 1.8 lakh for officers; personal retention rights after 4 yrsThe Centre has raised the purchase ceiling for laptops, tablets and similar devices for eligible government officers to ₹1.5 lakh plus taxe...
- Centre's EV push puts electric mobility stocks in the fast lane; M&M, Ola Electric lead rally with gains of up to 5%Electric mobility stocks rallied on Wednesday after the Centre made EVs the default choice for government staff-car procurement and doubled...
- Suvendu Sarkar rolls out Diwali bonanza for Bengal babus, hikes IAS allowances by 50%The Suvendu Adhikari-led West Bengal government has announced a range of benefits for its IAS officers, including a 50% hike in monthly sum...
- CPI report today: What is current US Fed interest rate? Will inflation data force US Fed to go for interest rate hike?CPI data today: Inflation report is running well above the US central bank's 2 per cent target. The US-Israeli war with Iran has boosted oi...
- US consumer prices rise above expectations in OctoberConsumer prices in the US experienced a larger-than-expected increase in October, affecting future Federal Reserve interest rates. The Cons...
- India risks losing tax revenue by delaying global minimum tax rolloutIndia’s delay in implementing the OECD-G20 global minimum tax framework, known as Pillar Two, could mean losing tax revenue to other countr...
- India's investment outlook strengthens as credit, exports rebound; inflation relief likely: HSBCIndia's investment outlook is improving as credit growth and corporate revenue increase, pointing towards stronger private capital spending...
- Rs 84,084 crore incentive on offer, but India's deepsea oil exploration bids delayed againIntroduced in 2016 under the Hydrocarbon Exploration and Licensing Policy, OALP sought to replace the government-driven identification of e...
- Centre releases Rs 1.09 lakh crore to states five days early, UP gets biggest shareThe Centre has released Rs 1.09 lakh crore to state governments as tax devolution, advancing the November instalment by five days to suppor...
- Ahead of Diwali, Gujarat govt hikes DA by 3% for employees, pensionersThe Gujarat government has announced a 3% Dearness Allowance hike for 4.62 lakh serving employees and 5.07 lakh pensioners ahead of Diwali....
- Public spending must deliver results: Om BirlaLok Sabha Speaker Om Birla highlighted the importance of public accounts committees in ensuring accountability for public expenditure. He s...
- Capex key to India's growth strategy, fiscal prudence remains top priority: Sitharaman at HSBC eventFinance Minister Nirmala Sitharaman highlighted the importance of capital expenditure in driving economic growth in India. She stated that ...
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