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PUNJAB REVENUE DEFICIT
Vedanta Power, Oil & Gas, and Iron shares rally up to 5%; Aluminium sheds 3%. Should you buy, sell or hold?Vedanta’s newly demerged entities extended their rally, with Oil & Gas, Power and Iron & Steel hitting upper circuits, while Aluminium slip...- Vedanta Power, Aluminium, Oil & Gas and Iron shares soar up to 5%. Which stock looks best placed?Shares of Vedanta’s newly demerged entities rallied up to 5% for a second session, driven by strong investor interest and brokerage optimis...
- 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...
- Vedanta Aluminium, Oil & Gas and Power shares fall up to 5% on Day 2. What should investors do?Shares of newly demerged Vedanta entities saw a dip post-listing. Investors are now weighing long-term opportunities, with Vedanta Aluminiu...
- Vedanta Aluminium vs Vedanta Power: Which can give investors better wealth in Rs 2 lakh crore demerger playVedanta's demerger has created distinct investment opportunities in Vedanta Aluminium Metal and Vedanta Power. Vedanta Aluminium, valued at...
- Missed Vedanta's buy 1 get 4 offer? Which spun-off stock to buy after listing todayVedanta’s four demerged entities debuted on exchanges, with brokerages highlighting aluminium as the most attractive segment. Analysts cite...
- Vedanta listing: Aluminium, Power, Oil & Gas, Iron & Steel share trading starts Monday. Target price and what else to expectFour Vedanta entities are set to list on stock exchanges on Monday, June 15, following a mega demerger. Vedanta Aluminium is expected to de...
- Holding stocks is harder than finding them: 10 mid- and small-caps stocks that may be worth holding on toHolding a stock is not an act of blind faith. It is not refusing to change one’s mind. It is not averaging down because the stock has falle...
- 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...
- 'UP no longer a Bimaru state': CAG report shows it tops revenue surplus list with Rs 37,000 crore, double of GujaratA recent CAG study reveals a mixed bag for state finances in India, with 16 states achieving a revenue surplus in fiscal year 2023, led by ...
- Tighten your fiscal belt or sink: IMF ED Krishnamurthy Subramanian warns select statesPunjab, Himachal Pradesh, Kerala, West Bengal, Andhra Pradesh must cut unproductive expenditures, says Krishnamurthy V Subramanian. The for...
- Finance Ministry releases third instalment of revenue deficit grant of Rs 7,183 crore to 14 statesThe states receiving this grant are Andhra Pradesh, Assam, Himachal Pradesh, Kerala, Manipur, Meghalaya, Mizoram, Nagaland, Punjab, Rajasth...
- Centre releases Rs 7,183.42 crore to 14 states as revenue deficit grantThe Department of Expenditure, Ministry of Finance released the money. This is the 2nd monthly installment of the Post Devolution Revenue D...
- Finance Ministry releases Rs 9,871 crore as revenue deficit grant to 17 statesThe Centre provides the Post Devolution Revenue Deficit Grant to the states under Article 275 of the Constitution. The grants are released ...
- Finance Ministry releases final instalment of Rs 6,194 crore revenue devolution grant to statesThe Post Devolution Revenue Deficit Grants are released in monthly instalments as per the recommendations of the Fifteenth Finance Commissi...
- Centre releases Rs 6,195 cr to 14 states as instalment of post devolution revenue deficit grantThe 14 states are Andhra Pradesh, Assam, Himachal Pradesh, Kerala, Manipur, Meghalaya, Mizoram, Nagaland, Punjab, Sikkim, Tamil Nadu, Tripu...
- Higher tax mop-up has 12 states in Rs 4,000-crore fiscal surplus in Q1These states have, in fact, budgeted a fiscal deficit of whopping Rs 1,14,160 crore for the current fiscal year, says a report by the domes...
- Special status for revenue deficit states done away with by 14th Finance Commission: Jayant SinhaWith Punjab demanding revenue deficit grant, Minister of State for Finance Jayant Sinha has said that the special status to any state has b...
- Former UPA regime contributed to Punjab's debt problem: Parminder Singh DhindsaDhindsa further said a sum of Rs 50 crore has been allocated to PSIDC for financing new industrial projects by way of either equity or loan.
- Punjab's fiscal health "poorer" than Haryana'sDespite Punjab trying "hard" to bring fiscal discipline, its fiscal health when compared with Haryana, the neighbouring state is performing...
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