Cash Transforms in India: Inflation & Fiscal Impact
Exploring how Bihar's pre-poll cash handouts affect inflation, welfare outcomes and fiscal management in India. Analysis of conditional transfers vs universal basic income.
Category : Search result: Centre state fiscal relations
Himachal raises Rs 300 cr loan via 15-year securities
Cash-strapped Himachal Pradesh government secures Rs 300 crore loan through RBI auction for development projects as state debt crosses Rs 1 lakh crore mark. Details inside.
Bihar NDA Wins Majority Amid Fiscal Constraints
NDA secures decisive victory in Bihar elections with 200+ seats, but faces fiscal constraints with 60% revenue locked in salaries and pensions. Can promises be delivered?
Meghalaya Cabinet Approves Fiscal Deficit Increase
Meghalaya's cabinet approves key amendments, allowing a fiscal deficit increase to 3.5% of GSDP and new job quotas for casual workers. Discover the full implications for the state's economy.
Bihar Election Cash Promises Strain State Finances
As Bihar elections approach, political parties flood voters with cash promises despite the state's fragile finances. Analysis reveals unsustainable freebies that could worsen economic conditions.
Fake Mulund Call Centre Busted, 5 Held for Duping Foreigners
Mumbai Police uncovers a fake call centre in Mulund that scammed US & Canadian nationals with fake loans. 5 arrested, including Surat fraud veterans. Read the full investigation details.
16th Finance Commission Deadline Extended to Nov 2025
India's 16th Finance Commission gets one-month extension until November 30, 2025. Learn how its tax revenue sharing formula will impact states' development spending until FY31.
India's 2026-27 Capex Target to Stay at 3.1-3.2% of GDP
India's government plans to maintain its capital expenditure target at 3.1-3.2% of GDP for FY27, focusing on quality over quantity to drive fiscal consolidation and economic growth.
Himachal Fiscal Crisis: Public Wants MLA Austerity
Amid Himachal Pradesh's severe financial crunch, citizens expect lawmakers to lead by example with financial prudence. Will MLAs show fiscal responsibility?
FM Meets Economists for FY27 Budget Consultations
Finance Minister Nirmala Sitharaman holds pre-budget consultations with leading economists to shape India's economic roadmap for FY27. Key focus on growth, inflation and fiscal management.
Direct Tax Collection Up 7%, Refunds Down 17.7%
India's net direct tax collection surges 7% to over ₹12.9 trillion for the current fiscal year, while refunds see a significant 17.7% decline. Get the full details on this economic boost.
Milei's Reforms Put Argentina on Path to Recovery
Nouriel Roubini analyzes how Javier Milei's economic reforms have set Argentina on recovery path after years of debt trouble and inflation. Read expert insights.
Ultra-Rare Recessions Store Up Future Economic Trouble
The world economy hasn't seen a synchronized recession in 15 years, but this stability creates financial, fiscal and allocative risks. Learn why rare downturns threaten economic health.
GST Revenue Sharing Formula to Change in 2026
A major shift in how GST revenue is distributed among Indian states is on the horizon. Discover which states stand to gain or lose billions and how this could reshape fiscal federalism.
India's Policy Choices to Define Economic Future: DBS
A groundbreaking DBS Bank analysis reveals India stands at a historic economic crossroads where current policy decisions could unlock unprecedented growth or stall progress for decades to come.
Karnataka BJP Slams Congress Over Crisis Blame Game
Senior BJP leader R Ashoka accuses Karnataka's Congress government of shifting blame to the central government during crises. The political war of words escalates over state governance and responsibility.
DMK Alliance Announces Nov 11 Protest Against SIR Policy
The DMK-led Secular Progressive Alliance declares statewide protest on November 11 against Centre's SIR policy, escalating political tension in Tamil Nadu over federal rights.
GST Reform & RBI Dividend to Offset Revenue Gap
India's fiscal health gets boost as GST reforms and record RBI dividend expected to compensate for potential revenue gaps. Expert analysis reveals tax collection pressures.
RBI Dividend to Offset GST Revenue Loss: Report
New analysis reveals RBI's increased dividend payout could compensate for potential revenue shortfalls from GST rationalization in the upcoming fiscal year, providing fiscal cushion for government.
Mamata begins sit-in protest against Centre's fund blockade
West Bengal CM Mamata Banerjee begins 2-day sit-in protest in Kolkata, accusing BJP-led central government of withholding Rs 1.15 lakh crore in state dues, escalating federal tensions.
Tax Cuts Fuel Consumption Boom: India GDP to Hit 8%
India's economy is poised for explosive growth as strategic tax reductions fuel unprecedented consumer spending. Discover how this fiscal stimulus could propel GDP growth to 8% and transform the economic landscape.
Mamata leads TMC rally in Kolkata against Centre
West Bengal CM Mamata Banerjee spearheads huge TMC rally in Kolkata, demanding release of state's dues and protesting alleged discrimination by central government.
UK Economy Faces Tougher Challenges, Says Reeves
British Finance Minister Rachel Reeves reveals the UK economy is in worse condition than anticipated during last year's budget, citing depleted finances and urgent need for growth measures.
Stalin Challenges Modi: Repeat Bihar Remarks in Tamil Nadu
Tamil Nadu Chief Minister MK Stalin challenges PM Narendra Modi to repeat his Bihar development remarks in southern state, escalating political tensions ahead of 2024 elections.
Pakistan Economy Shows Recovery After Reforms
Pakistan's Finance Minister Muhammad Aurangzeb announces significant economic improvements following comprehensive structural reforms, with inflation dropping and economic stability on the horizon.
Hiren Ved: AI & Data Centres to Power Next Earnings Wave
Exclusive analysis from Wisdom Capital's Hiren Ved reveals how artificial intelligence and data centre infrastructure are set to become India's next growth engines, while India-US trade relations reach critical juncture.
India's Fiscal Deficit Narrows to 3.8% in H1 FY26
India's fiscal health strengthens as April-September 2024 deficit narrows to 3.8% of GDP, supported by 19% tax revenue growth and massive ₹2.1 lakh crore RBI dividend injection.
Union Bank: FY26 Fiscal Targets Challenging Amid Weak Tax Growth
Union Bank of India's latest report highlights significant challenges in meeting FY26 fiscal targets due to weakening tax collections, raising concerns about India's economic trajectory and government spending capacity.
Mamata, Abhishek Lead Kolkata Protest Nov 4
West Bengal CM Mamata Banerjee and nephew Abhishek Banerjee to spearhead massive protest march in Kolkata against Centre's alleged fund withholding. Key TMC leaders unite for November 4 demonstration.
India's Fiscal Deficit at 36.5% of FY26 Target
Latest government data reveals India's fiscal deficit reached ₹5.41 lakh crore by August 2024, while tax collections show robust performance at nearly half of budget estimates.
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