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STATE GOVERNMENTS FINANCIAL SUPPORT
States' capital outlay to accelerate to 10-12% on Centre support in FY27, urban infra to lead: CrisilStates' capital expenditure is projected to rise 10-12% to around Rs 8.5 lakh crore in FY27, driven by higher central assistance and greate...- 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...
- Centre advances November tax devolution, releases Rs 1.09 lakh crore to states ahead of festive seasonOn November 5, 2026, the Centre released over Rs 1.09 lakh crore to state governments in advance. This release is typically done on Novembe...
- Netanyahu's position weakens as ultra-Orthodox party withholds supportBenjamin Netanyahu's political situation diminished after an ultra-Orthodox party did not endorse any candidate. Meanwhile, an Arab-led par...
- Coal gasification projects may save India Rs 1.5 lakh crore in forex over 5-7 years: Coal Ministry SecretaryCoal gasification projects are expected to provide significant foreign exchange savings for India by substituting imports. The Coal Ministr...
- Odisha signs MOU with J-PAL South Asia to strengthen evidence-based policymakingThe Government of Odisha has signed a three-year MoU with Abdul Latif Jameel Poverty Action Lab. This agreement aims to strengthen evidence...
- Cabinet approves VGF plan for grid-scale energy storage with Rs 14,500 crore supportThe Union Cabinet has approved a significant ₹14,500 crore funding scheme to develop 92 GWh of energy storage capacity. This initiative sup...
- Bus, milk fare hikes hit people in Karnataka ahead of Diwali seasonKarnataka's Congress government has announced a bus fare hike across all four state-run transport corporations from November 5, with increa...
- China stocks struggle near one-year lows despite fresh government support measuresChinese stocks struggled near one-year lows despite fresh government measures to support the market, as investors remained cautious ahead o...
- US midterm elections: Early Democratic wins rattle Wall StreetEarly Democratic victories in key US Senate races have raised expectations of a potential shift in control of Congress, although the final ...
- Sandwich generation: Caring for ageing parents, funding children’s dreams; are you sacrificing your retirement savings?
- Chinese stocks fall as investors unimpressed by fresh market support measuresChinese stocks declined as selling in energy and technology shares outweighed fresh regulatory measures aimed at supporting the market. Inv...
- No free electricity for Bihar taxpayers? CM appeals to income-tax payers to surrender 125-unit benefit and support state's developmentBihar Chief Minister Samrat Choudhary has appealed to financially well-off residents and income-tax payers to voluntarily surrender their b...
- China stocks edge higher as reports of market support lift sentimentChina’s stock market edged higher after reports that regulators would discuss measures to support capital markets. However, concerns over s...
- Centre releases states Rs 1.09 lakh cr festive boostUttar Pradesh received the largest allocation of ₹19,208 crore, followed by Bihar at ₹10,845 crore. Madhya Pradesh was allocated ₹8,010 cro...
- ICAI to issue guidance note for auditing multi-state cooperativesICAI will issue a guidance note for auditors of multi-state cooperative societies following the government's notification of the Multi-Stat...
- ICAI to issue guidance note on new audit reporting framework for multi-state cooperative societiesICAI is set to release a guidance note on the new audit reporting framework for multi-state cooperative societies. The cooperation ministry...
- What happened to a Michigan Red Baron worker targeted in a prank? How a fundraiser brought unexpected supportIn Michigan, a delivery worker named Walt Z faced off against a prankster who faked a money-taking scenario. The humorous confrontation was...
- Manipur CM Yumnam Khemchand Singh seeks enhanced central assistance from SitharamanManipur Chief Minister Yumnam Khemchand Singh met Union Finance Minister Nirmala Sitharaman in New Delhi recently. They discussed the finan...
- RBI Governor Sanjay Malhotra urges states to ensure quality spending, prudent borrowingAddressing the 36th conference of state finance secretaries at the Mint Road, Malhotra appealed the states to onboard onto the Unified Lend...
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