India's FY26 Tax Shortfall May Hit ₹2 Trillion
India's FY26 budget faces a major tax revenue gap, but strong non-tax receipts and GDP revisions are likely to keep the fiscal deficit near its 4.4% target. Get the full analysis.
India's FY26 budget faces a major tax revenue gap, but strong non-tax receipts and GDP revisions are likely to keep the fiscal deficit near its 4.4% target. Get the full analysis.
India's nominal GDP growth estimate of 8% for 2025-26 falls short of budget assumptions, risking tax collections and the 4.4% fiscal deficit target. Read the analysis.
Despite a projected ₹1.5-2 trillion tax revenue gap and slower nominal GDP growth, India's fiscal deficit target of 4.4% for FY26 remains achievable. Strong non-tax revenues and statistical revisions provide crucial support. Read the full analysis.
India's nominal GDP for FY25 estimated at Rs 357.14 lakh crore, slightly above budget projection. Fiscal deficit target of 4.4% hinges on spending control. Read the full analysis.
Karnataka's fiscal deficit hits the legal 3% ceiling due to rising borrowings for welfare schemes. Officials say borrowing may touch Rs 93,000 crore. Read more on the state's budget challenges.
India's economy grew at a robust 7.6% in real terms for FY24, yet low inflation significantly narrowed nominal GDP growth, impacting budget calculations. Economists weigh in on the implications.
Official data projects India's economy to grow 7.4% this fiscal, powered by strong manufacturing and household spending. Key drivers and expert insights revealed.
Noida cyber crime unit shuts down a 5-year-old fake call centre in Sector 63 that cheated over 300 people nationwide. 13 arrested, including MBA holder kingpin. Details inside.
As India's fiscal devolution faces scrutiny, a prudent balance is critical for mending strained Centre-state ties. Expert analysis on the path forward. Read more.
India's economy is projected to expand 6.9% in FY27, driven by reforms and trade pacts. Retail inflation may average 3.8%. Read the full forecast.
India Ratings and Research forecasts India's GDP growth at 6.9% for FY27, citing a persistent 'Goldilocks' economic scenario. Key drivers include robust investment and controlled inflation. Read the full analysis.
Jalandhar is set for a major sports tech boost with a new Rs 10 crore extension centre. This initiative aims to foster innovation and create skilled jobs in the sports industry. Read more.
IMD forecasts below-normal winter precipitation for Uttarakhand and Himalayan regions after a record dry December. Experts warn of serious impacts on water, agriculture, and hydropower.
VCare launches a Centre of Excellence in Delhi, introducing a revolutionary single-day Facial Architecture procedure. Discover this advanced beauty innovation.
Analysis reveals state capital expenditure doubled to Rs 8.4 trillion in 5 years, driven by central loans & borrowing flexibility. The 16th Finance Commission's recommendations will be crucial for future spending space. Read more.
GST rate reductions impact tax revenues, pushing Centre's fiscal deficit to 62.3% of target. States face higher borrowing costs. A year of tough expenditure cuts ahead to meet deficit goals. Read the full analysis.
Saudi Arabia unveils a detailed SR217 billion borrowing strategy for 2026 to fund its budget deficit and manage debt repayments, focusing on sustainability and market diversification. Discover the Kingdom's financial roadmap.
The Badshahnagar Railway Manoranjan Sansthan in Lucknow has been redeveloped into a vibrant centre with new sports, fitness, and cultural facilities for railway employees and their families. Explore the new offerings.
Sarnath police arrested three, including a rehab centre operator, for beating a 27-year-old patient to death. The mother's complaint led to the arrests after the post-mortem confirmed brutal assault.
Explore Bihar's state-of-the-art Bapu Pariksha Bhawan. With 944 CCTV cameras, wheelchair access, and capacity for 11,000, it's a model exam centre. Discover its hybrid facilities now!
Uttar Pradesh's data centre policy, launched in 2021, has exceeded its initial target. The state is now scaling up to 900 MW capacity, attracting massive investments and becoming a key digital hub. Discover how UP is powering India's data economy.
India's data centre industry is set for a 20% investment surge in 2026, driven by AI demand and sovereign cloud needs. Capacity could hit 2GW, with billions pledged by global and local giants.
India's fiscal discipline is acting as preventive medicine for the economy, creating buffers against global shocks. Learn how this strategy ensures stability and growth.
New York City's new Mayor Zohran Mamdani promises aggressive taxation and redistribution, but inherits a budget set for deep deficits. Analysis of the fiscal challenge ahead. Read more.
India's fiscal deficit for April-November FY25 widened to Rs 9.77 lakh crore, marking a 15.4% year-on-year surge. Explore the key drivers and government's fiscal roadmap.
Former FM P Chidambaram counters AICC's Praveen Chakravarthy, says debt-to-GSDP ratio is the true fiscal health indicator. TN's liabilities within limits. Read the full debate.
Carmen Reinhart warns the US dollar's 'exorbitant privilege' is under threat as nations hedge bets. Rising deficits & trade uncertainty fuel a slow but steady diversification from dollar assets. Read analysis.
The US Federal Reserve's independence faces unprecedented political pressure, risking inflation control and global dollar trust. Key analysis on AI boom, deficits, and market risks.
Recent changes to India's rural job scheme highlight deep fiscal fault lines. States argue their autonomy is eroding as the Centre pushes co-financing. Explore the data on tax shares, cesses, and political penalties.
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.