India's GDP Growth at 8.2% in Q2, RBI Ups Forecast
India's economy shows robust post-Covid recovery with 8.2% GDP growth in Q2 2025-26. RBI revises full-year estimate to 7.3% as inflation stays benign. Read the full analysis.
Category : Search result: Fiscal Deficit
CII Urges Fiscal Reforms, Tech in Tax in Budget 2026-27
CII urges institutional reforms & fiscal consolidation in Budget 2026-27 for growth. Key asks: tech to curb tax evasion, debt control, PSU privatisation, and revamping food distribution. Read more.
India's Economy Set for 2026 Payoff Phase
India's economy is poised to reap the benefits of past reforms in 2026, with projected growth of 7% or higher. Learn how tax cuts, rate easing, and regulatory changes are fueling momentum despite external trade tensions.
Shankar Sharma on India's economic slowdown, capex risks
Market veteran Shankar Sharma warns India's economic slowdown is a 'giant battleship' hard to turn. He cites fiscal constraints, weak tax growth, and rupee pressures limiting a 2026 revival. Read his full analysis.
Women's Cash Transfers Surge to Rs 2.46 Lakh Cr, Cover 13 Crore
Direct cash transfers to women have exploded from Rs 1,600 crore in 2020 to Rs 2.46 lakh crore in 2025, reaching 13 crore women. Explore the fiscal impact, political shift, and real-life effects of this new welfare pillar.
MP's Zero-Based Budgeting Drives Fiscal Discipline, Rs 55,634 Cr Revenue
Madhya Pradesh reshapes finances with zero-based budgeting & a 3-year rolling plan. Deputy CM Jagdish Devda reveals FY25 revenue of Rs 55,634 Cr, per capita income of Rs 1.52 lakh, and new tech-driven initiatives for revenue growth.
World Bank OKs $700M Aid for Pakistan's Stability
The World Bank approves a $700 million financing package for Pakistan to boost macroeconomic stability and public services. Learn about the program's goals and impact.
MGNREGS Changes to Triple Financial Burden on States
The proposed VB-G RAM G Bill 2025 shifts MGNREGS funding to a 60:40 Centre-State split, tripling states' costs. UP, Andhra, Tamil Nadu to be hardest hit. Read the analysis.
1985 Flashback: AGP's Rise, Tax Policy, Indo-Pak Pact
On December 20, 1985, Asom Gana Parishad swept Assam polls, VP Singh proposed major tax reforms, and Rajiv Gandhi & Zia-ul-Haq agreed to a peace treaty. Explore this pivotal day in history.
Net Direct Tax Collection Grows 8% to Rs 17.04 Lakh Crore
India's net direct tax collection for FY25 grows 8% to Rs 17.04 lakh crore. Gross collections surge 24% to Rs 19.45 lakh crore, while refunds slow. Read the full analysis.
Direct Tax Collections Up 8%, Refunds Down 13.5%
India's net direct tax collections grew 8% to Rs 17.05 lakh crore till Dec 17, boosted by a sharp 13.5% fall in refunds. Advance tax up 4.27%. Read the full analysis.
Bearish Bond Cycle to Extend Through FY26: Report
India's bond market faces a prolonged bearish phase with 10-year yields projected at 6.55-6.70% through FY26. Key drivers include fiscal consolidation and global factors. Read the full analysis.
FM Sitharaman: Debt Reduction Key Focus for 2026-27
Finance Minister Nirmala Sitharaman states reducing debt will be a primary goal in 2026-27. Data reveals 11 states have debt-to-GSDP ratios at 35% or more this fiscal year. Get the full analysis.
Sitharaman: States Must Adopt Centre's Fiscal Transparency
Finance Minister Nirmala Sitharaman highlights the Centre's success in reducing debt-to-GDP ratio post-Covid and calls for states to emulate its fiscal management and transparency goals. Read more.
Chhattisgarh Passes Rs 35,000 Crore Supplementary Budget
Chhattisgarh Vidhan Sabha approves a Rs 35,000 crore supplementary budget for the current fiscal. Finance Minister says it will boost development, but Congress attacks the state's fiscal management. Read the full story.
Budget 2026: Focus on TDS Reform, Manufacturing & Growth
As India prepares for the Union Budget 2026, experts see a historic chance to simplify TDS, boost consumption, and support manufacturing for sustainable 7%+ GDP growth in FY27. Read the analysis.
New Rural Job Scheme Shifts Fiscal Burden to States
The new Viksit Bharat-G RAM G Bill increases guaranteed work days to 125 but imposes a 60:40 fund-sharing model. Experts warn this could strain state finances, mirroring issues in the PMFBY. Read the analysis.
Telangana leads India with highest govt guarantees vs GSDP
Telangana's govt guarantees hit 15.1% of GSDP, far above national average. Experts warn of fiscal risks. Read about state-wise breakdown and sector exposure.
CAG Flags ₹1.77 Lakh Crore UC Scandal in Maharashtra
CAG report reveals Maharashtra govt departments failed to submit UCs for ₹1.77 lakh crore, with year-end spending sprees violating financial rules. Read the shocking details.
Mahavitaran Repays Rs 12,800 Crore Loan, Eyes Cheaper Power
Maharashtra's power utility Mahavitaran repays a massive Rs 12,800 crore loan ahead of schedule. This financial move aims to strengthen its balance sheet and support CM Fadnavis's promise of annual electricity tariff reductions. Read more.
Sitharaman: India's economy now resilient, fastest-growing
Finance Minister Nirmala Sitharaman highlights India's economic turnaround in Parliament, citing strong forex reserves, low CAD, and broad-based growth. Read the full analysis.
Tax Revenues Jump 30%, But Spending Still Outruns Income
India's tax revenues soared 30% in the first half of FY25, yet government expenditure grew faster, widening the fiscal deficit. Explore the details and implications for the economy.
Canada's Big Banks Raise Bonus Pools 15% for FY25
Canada's top lenders increased bonus reserves by 15% for fiscal 2025, driven by active capital markets and volatile trading. Discover which banks led the hikes and why.
BJP Calls Telangana Summit a PR Stunt, Demands White Paper
Telangana BJP chief spokesperson NV Subhash criticises the Rising Telangana Global Summit as a costly smokescreen for Congress's financial mismanagement. He demands a White Paper on state finances. Read the full story.
1925: The Day India Abolished Cotton Excise Duty
On March 1, 1925, the Indian government abolished the excise duty on cotton, a landmark move that revitalized the domestic textile industry and boosted economic self-reliance. Discover the full story behind this pivotal fiscal decision.
Telangana, Andhra Pradesh overshoot RBI borrowing limits
Telangana and Andhra Pradesh have become India's most aggressive borrowers in 2025, overshooting RBI limits by 190% and 122% respectively. Economists warn of severe long-term fiscal stress. Read the full analysis.
UPSC Key Dec 2: Sanchar Saathi, GPS Spoofing, Obesity
Essential UPSC updates: Govt's Sanchar Saathi app directive, GPS spoofing threats, WHO's obesity guidelines, fiscal federalism debate, and India's rare-earth push. Key insights for Prelims & Mains.
India's CAD narrows to $12.3 bn in Sept quarter
India's current account deficit improved sharply to 1.3% of GDP in Q2 FY26. Key drivers include higher services exports and remittances, though quarterly trends show a widening trade gap. Explore the full analysis.
GST Mop-Up Moderates in Nov After Rate Rationalisation
GST collections grew marginally by 0.7% in November, reflecting the impact of recent rate cuts. Officials remain optimistic, citing a boost in consumption and taxable turnover.
Kerala Govt OKs Rs 1.1 Cr for New CM Cars Amid Fiscal Strain
Kerala government approves Rs 1.10 crore for two new vehicles for the Chief Minister, using budget manual relaxation. Opposition questions timing as fiscal controls tighten. Read the full story.
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