India aims to stick to its medium-term fiscal deficit target of 4.3% in FY26, buoyed by a record RBI dividend. However, rising subsidy costs and lower nominal GDP growth present significant challenges to consolidation. Explore the details.
India's fiscal deficit for April-November hits ₹9.76 lakh crore, cushioned by strong non-tax revenue. Tax collections lag, impacted by rebates and GST changes. Read the full analysis.
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 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.
Maharashtra's home department issues a GR making 5am closing time for orchestra bars permanent for Christmas & New Year. Owners now bear full responsibility for law and order.
Prime Minister Narendra Modi held a crucial meeting with leading economists and sectoral experts to gather inputs for the Union Budget 2026-27, focusing on growth, jobs, and reforms.
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.
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.
Uttar Pradesh tables a Rs 24,496 crore supplementary budget, boosting total outlay to Rs 8.33 lakh crore. Focus on industrial development, healthcare, and infrastructure. Key allocations for power, solar energy, and medical education.
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.
A CAG report criticizes Karnataka for delays in creating a flood and landslide action plan, urging better disaster authority function. Read the key findings.
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.
Telangana CM Revanth Reddy urges Centre to exempt ₹30,000 crore education borrowings from FRBM limits, demands IIM, 9 KVs & 16 JNVs for the state. Details inside.
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.
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.
MCD Commissioner presents Rs 16,530 crore budget for 2026-27, keeping tax rates unchanged. Sanitation gets highest allocation of Rs 4,795 crore, followed by education. Read key highlights.
Kochi Corporation successfully implements major projects in waste management, housing renovation, and public spaces using Corporate Social Responsibility (CSR) funds. See how councillors drove change.
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.
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.
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 fiscal deficit reached 52.6% of the full-year target by Oct 2025, higher than last year. Explore the key revenue and expenditure trends shaping the economy.
India's fiscal deficit reaches ₹8.25 trillion during April-October, 52.6% of FY26 target. Higher capex and lower tax revenue drive increase. Experts analyze challenges ahead.
Former RBI Governor Duvvuri Subbarao warns competitive populism through election freebies threatens India's fiscal health. Read why we need spending limits now.
Thousands protest in Bulgaria as parliament approves budget with significant tax increases. Demonstrators demand government resignation amid economic concerns. Latest updates.
UK Chancellor Rachel Reeves unveils £26 billion tax plan freezing brackets and hiking wealth taxes. Learn how this impacts millions of families and the economic outlook.
Moody's Ratings flags India's tightening fiscal space as tax cuts pressure revenue, limiting government's ability to support the economy. Read the full analysis.
UK's fiscal deficit reaches £116.8 billion, exceeding forecasts by £10 billion as Chancellor Rachel Reeves prepares crucial November 26 budget with potential tax hikes.
India's CAG directs all states to adopt uniform expenditure classification by FY 2027-28, ending decades of inconsistent accounting practices. This reform will enable transparent financial reporting and better fiscal management across states.
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