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PENSION DEFICITS
Kerala CM VD Satheesan presents maiden UDF budget for 2026-27Kerala's Chief Minister VD Satheesan presented the state's first budget for the financial year 2026-27. The government inherited a signific...
UP, Gujarat, Jharkhand, 10 other states record revenue surplus in FY25: CAG reportFifteen Indian states faced revenue deficits in the fiscal year 2024-25. Thirteen states, however, reported revenue surpluses. The Comptrol...
Fiscal stress deepens across states as all 28 post deficits in FY25: CAG reportIndia's states continued to face mounting fiscal pressures in 2024-25, with all 28 states reporting fiscal deficits and their combined liab...
New series debut: WPI at 9.7% in May; energy costs drive surge; revamped index expands basket to 957 itemsIndia's wholesale inflation hit a record 9.7 percent in May. This surge was primarily fueled by rising energy costs. The new Wholesale Pric...
Remittances, services surplus lift India to $4.7 billion current account surplus in AprilIndia achieved a significant current account surplus of $4.7 billion in April. This positive shift was driven by robust inward remittance f...
India's wholesale inflation at 9.68% in May under revamped series as Iran war-driven oil costs biteIndia’s wholesale inflation stood at 9.68% in May under a new series, with food and fuel prices remaining high amid ongoing US-Iran conflic...
ETMarkets Smart Talk| RBI's FPI reforms could attract $50-100 billion into Indian debt over time: Vikas Garg of Invesco MFRBI’s easing of foreign investment norms for government securities could attract substantial long-term capital inflows into India’s debt ma...
From tax exemption to FCNR(B) deposits: How India is trying to attract foreign capitalIndia is taking steps to attract foreign investment and boost its economy. The Reserve Bank of India and the government have introduced new...
IAS body seeks tougher rewards for tough postingsThe Central IAS Association has submitted recommendations to the 8th Central Pay Commission. They are seeking a review of policies regardin...
India meets FY26 fiscal deficit target of 4.4% of GDP; revenue deficit at 1.55%India's fiscal deficit reached the budgeted 4.4% of GDP for fiscal 2026. This eases immediate government finance worries. However, the focu...
Spicier than jhalmuri: The Rs 1.7 lakh crore fiscal bite hidden in state election resultsWhat looked like a light-hearted campaign moment during PM Narendra Modi’s West Bengal trail has now turned into a major fiscal concern aft...
FIIs sell Indian equities on 150 of last 240 trading days. What does it say about their return timing?Foreign investors have sold Indian stocks on most trading days recently. This trend is linked to rising oil prices, a weaker rupee, and hig...
8th Pay Commission for postal employees: Rs 1.12 lakh basic pay proposed for postman; what postal employee body wants from 8th CPCFederation of National Postal Organisations's (FNPO) memorandum included issues related to postal assistants, sorting assistants, postmen, ...
Betting big on Amaravati: Execution, funding and a real trust test aheadThe Andhra Pradesh Reorganisation (Amendment) Act 2026 has formally settled Amaravati as the state’s capital, ending years of political unc...
Acko plans confidential IPO filing to raise $250 million; targets $2.5 billion valuationDigital insurer Acko is gearing up for a confidential IPO, aiming to raise approximately $250 million and seeking a valuation between $2-2....
8th Pay Commission demands: Rs 72,000 as minimum pay and fitment factor of 4.0; why this employee body wants 4x salary hikeThe Bharatiya Pratiraksha Mazdoor Sangh (BPMS) has proposed a significant overhaul for the 8th Pay Commission, demanding a minimum basic sa...
ADB raises India’s FY27 growth forecast to 6.9%India's economic growth forecast for FY27 has been raised to 6.9 percent by the Asian Development Bank. This upward revision is driven by i...
China's retirement age reforms not enough to fix pension headacheChina's decision to raise retirement ages aims to address pension deficits and support a shrinking workforce amid economic slowdown. The po...
Tata Steel set to reduce pension deficit to half if UK workers vote in favourTata Steel’s fate hangs in the balance till its UK workers announce the result of the ballot on modified pension scheme, expected on July 1...
- Deficit blocking pension reforms: WB
NEW DELHI: The World Bank has blamed India's burgeoning fiscal deficit as the "most serious obstacle" to pension reforms in the country.