Category : Search result: state fiscal space


Election Promises Push Indian States to Fiscal Brink

Indian states face severe fiscal strain as election welfare spending surges, with Bihar's schemes costing 4% of GDP. Capital expenditure lags while deficits rise across poll-bound states. Read analysis.

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.

China's Space Kitchen Serves Real BBQ in Zero Gravity

Chinese astronauts are cooking up a storm in space with a revolutionary hot air oven that delivers authentic barbecue flavours in zero gravity. Discover how this space kitchen breakthrough is changing cosmic cuisine forever.

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.

ISRO Unveils India's Expanding Space Horizon

ISRO Chairman V. Narayanan reveals India's expanding space program including Gaganyaan, Chandrayaan-4, and new launch vehicles that will position India as a global space leader.

Trump re-nominates Jared Isaacman as NASA chief

In a strategic move to accelerate space exploration, former President Donald Trump has re-nominated billionaire astronaut Jared Isaacman to lead NASA, signaling stronger private sector collaboration and economic growth in space sector.

NASA to retire ISS, launch commercial space stations

Discover NASA's ambitious strategy to retire the International Space Station by 2030 and transition to commercial space stations. Learn about the deorbiting process and what's next for space exploration.

Trump Nominates Elon Musk Ally Jared Isaacman for NASA

In a bold move, former President Donald Trump re-nominates Jared Isaacman, the billionaire entrepreneur and close associate of Elon Musk, to head NASA. Discover how this tech-savvy leader could reshape America's space ambitions.

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.

India's State Finance Divide: Development Gap Widens

New analysis reveals shocking disparities in state finances and development spending across India. Discover which states are leading and which are falling behind in the race for economic growth.

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