GST Cuts Hit Revenue, Fiscal Deficit Widens to 62.3%
India's fiscal deficit for April-November FY26 reached 62.3% of the annual target, impacted by GST rate cuts. Tax revenue lags while expenditure rises. Key details inside.
India's fiscal deficit for April-November FY26 reached 62.3% of the annual target, impacted by GST rate cuts. Tax revenue lags while expenditure rises. Key details inside.
Punjab's AAP government grapples with fiscal strain, debt burden, and GST compensation loss in 2024. Can it navigate the economic headwinds? Read our analysis.
India's fiscal deficit reached Rs 9.76 lakh crore by November 2025, covering 62.3% of the full-year target. Explore the details on revenue and expenditure trends shaping the economy.
Government data reveals India's fiscal deficit touched 62.3% of the full-year target by November 2025. The Centre's budget aims for a 4.4% GDP deficit in FY26. Read the full analysis.
BSF and Meghalaya Police firmly deny Bangladesh's claim that killers of a student leader entered India. Investigation confirms no illegal border crossing occurred. Read the full report.
Shillong embraces Boxing Day with grand community feasts and charity. Churches open 'alms boxes' for the poor as the festive hill city attracts tourists. Discover the spirit of sharing in Meghalaya.
India's economy surges with 8.4% GDP growth in Q3 FY24, exceeding expectations. The government revises full-year growth estimate to 7.6%. Discover the key drivers and sectoral performance behind this robust expansion.
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.
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 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.
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.
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.
Meghalaya govt releases Rs 1,602.9 crore, including advance salaries for 50,000 employees & pensions for 30,000+ to boost Christmas & New Year celebrations. Read details.
Meghalaya Chief Minister Conrad K Sangma honoured Shillong Municipal Board workers with a special Christmas breakfast, calling them the city's unsung heroes. Read about this heartfelt gesture.
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.
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.
Meghalaya CM Conrad K Sangma celebrated pre-Christmas with state secretariat officials in Shillong. The city is aglow with festive spirit, markets bustling, and carols filling the air. Read more about the celebrations.
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.
The Umngot Traditional Boat Race & Tri-Hills Ensemble Festival in Meghalaya's Darrang concluded, reviving indigenous water sports and culture. Read about the event's highlights and government's focus on river conservation.
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.
Union Minister Giriraj Singh inaugurated an Integrated Textile & Tourism Centre in Meghalaya, pledging new Weavers' Service Centres across the Northeast to boost the region's silk and handloom heritage.
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.
Discover how Meghalaya is reviving its economy through a unique creative focus—from literary festivals and local fruit wines to grassroots music and a cosmopolitanism rooted in Khasi culture.
Meghalaya's Accountant General office held a Pension Adalat to tackle systemic delays. An online submission system for pension & GPF is under development. Read more.
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.
BSF Inspector General OP Upadhyay details enhanced security measures against fundamentalist activities and smuggling on the Meghalaya-Bangladesh frontier. Read the full update on border fencing and seizures.
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.
Meghalaya CM Conrad Sangma declares organic farming intrinsic to state's identity at NE India Organic Week. State targets certifying 1 lakh hectares as organic by 2028, promoting global knowledge sharing.
Indian government seeks Parliament nod for net extra spending of ₹41,455 crore for fertiliser, fuel subsidies. Fiscal deficit target of 4.4% of GDP remains intact. Read full details.
India's economy grew at a surprising 8.2% in Q2 FY26, a six-quarter high. However, a rising fiscal deficit presents challenges. Read our analysis of the mixed signals.