Assam government has announced austerity measures to boost fiscal prudence. Fuel expenditure will be cut by 20 per cent. Minister and offic...

Tamil Nadu Chief Minister C Joseph Vijay is assessing all government departments. A White Paper will detail the state's financial status. M...

A farmer from Paithan, Maharashtra, received just Re 1 after selling 25 sacks of onions. This incident underscores the severe agrarian cris...

Speculation mounts over potential petrol and diesel price hikes as assembly elections conclude, despite government assurances. The IMF urge...

India is fast-tracking foreign investment proposals from China and neighboring nations. Forty key manufacturing sub-sectors, including rare...

The IMF is urging governments to let fuel prices rise, warning that broad subsidies and price caps worsen global energy shocks. Allowing pr...

Finance Secretary Ajay Seth proposed rating state government securities based on fiscal behavior to encourage financial discipline. He high...

The Telangana government has announced a farm loan waiver of up to Rs 2 lakh, benefiting nearly 40 lakh farmers at a cost of around Rs 31,0...

The weighted average cut-off/yield on state government securities (SGS) rose by 5 bps to 7.46 per cent in the auction held on Tuesday, from...

The figure was PKR 42.39 trillion in January 2022, which means it has increased by 30 per cent over the past year. Meanwhile, domestic debt...

Under the Fiscal Responsibility and Budget Management Act, it is the responsibility of the central government to ensure intergenerational e...

The leeway granted to the states to increase borrowing during the Covid-19 pandemic has led to a mushrooming of off-balance-sheet borrowing...

With 13 states collectively raising Rs 23,378 crore at the latest auction, 28 states and two Union territories have cumulatively raised Rs ...

The ‘Capital Receipts’ have seen a drop of Rs 7459 crore reflecting financial imprudence and fiscal mismanagement of the BJP Government.

The Cabinet Committee had earlier approved a Scheme for Financial Restructuring of State Distribution Companies.

Receipts in the capital account of the consolidated fund are divided into three broad heads - public debt, recoveries of loans and advances...

The Centre will evolve a mechanism to address the concerns regarding the debt burden of states in the aftermath of the recommendations of t...