AI, Drones Deployed for Magh Mela Crowd Management
Prayagraj gears up for Magh Mela with AI-based crowd control, 50 drones, and cyber help desks to ensure safety for an estimated 15 crore pilgrims. Full security plan revealed.
Category : Search result: fiscal management
Chhattisgarh Passes Rs 35,000 Crore Supplementary Budget
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.
Budget 2026: Focus on TDS Reform, Manufacturing & Growth
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.
New Rural Job Scheme Shifts Fiscal Burden to States
The new Viksit Bharat-G RAM G Bill increases guaranteed work days to 125 but imposes a 60:40 fund-sharing model. Experts warn this could strain state finances, mirroring issues in the PMFBY. Read the analysis.
Telangana leads India with highest govt guarantees vs GSDP
Telangana's govt guarantees hit 15.1% of GSDP, far above national average. Experts warn of fiscal risks. Read about state-wise breakdown and sector exposure.
CAG Flags ₹1.77 Lakh Crore UC Scandal in Maharashtra
CAG report reveals Maharashtra govt departments failed to submit UCs for ₹1.77 lakh crore, with year-end spending sprees violating financial rules. Read the shocking details.
Mahavitaran Repays Rs 12,800 Crore Loan, Eyes Cheaper Power
Maharashtra's power utility Mahavitaran repays a massive Rs 12,800 crore loan ahead of schedule. This financial move aims to strengthen its balance sheet and support CM Fadnavis's promise of annual electricity tariff reductions. Read more.
Sitharaman: India's economy now resilient, fastest-growing
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.
Ludhiana's Books Market waste compactor non-functional for 2 years
A static waste compactor in Ludhiana's Books Market remains unused for over two years due to low-hanging electricity wires, exposing poor planning and crippling city waste management. Read the full report.
Chennai cancels waste management tender over bid gaps
Greater Chennai Corporation cancels tender for privatizing waste management in zones 4 & 8 after finding gaps in bids. Residents urge GCC to proceed with outsourcing for better services.
Tax Revenues Jump 30%, But Spending Still Outruns Income
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.
Canada's Big Banks Raise Bonus Pools 15% for FY25
Canada's top lenders increased bonus reserves by 15% for fiscal 2025, driven by active capital markets and volatile trading. Discover which banks led the hikes and why.
BJP Calls Telangana Summit a PR Stunt, Demands White Paper
Telangana BJP chief spokesperson NV Subhash criticises the Rising Telangana Global Summit as a costly smokescreen for Congress's financial mismanagement. He demands a White Paper on state finances. Read the full story.
1925: The Day India Abolished Cotton Excise Duty
On March 1, 1925, the Indian government abolished the excise duty on cotton, a landmark move that revitalized the domestic textile industry and boosted economic self-reliance. Discover the full story behind this pivotal fiscal decision.
Telangana, Andhra Pradesh overshoot RBI borrowing limits
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.
UPSC Key Dec 2: Sanchar Saathi, GPS Spoofing, Obesity
Essential UPSC updates: Govt's Sanchar Saathi app directive, GPS spoofing threats, WHO's obesity guidelines, fiscal federalism debate, and India's rare-earth push. Key insights for Prelims & Mains.
GST Mop-Up Moderates in Nov After Rate Rationalisation
GST collections grew marginally by 0.7% in November, reflecting the impact of recent rate cuts. Officials remain optimistic, citing a boost in consumption and taxable turnover.
Kerala Govt OKs Rs 1.1 Cr for New CM Cars Amid Fiscal Strain
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.
Goldman Sachs $2B Bet on 'Boomer Candy' Innovator ETFs
Goldman Sachs acquires Innovator Capital Management for $2 billion, targeting the fast-growing 'defined-outcome' ETF market popular with retirees. The deal expands its asset management reach.
Govt Seeks ₹41,455 Crore Extra Spend for Subsidies
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 GDP Growth Hits 8.2%, Fiscal Deficit Rises
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.
Punjab's 94% Farm Fire Reduction: A Success Story
Discover how Punjab achieved a 94% reduction in stubble burning through a multi-pronged strategy involving CRM machines, FIRs, and a circular economy. Union Minister Shivraj Singh Chouhan plans to replicate this model nationwide.
India's Economy: 8.2% Growth with Fiscal Strain
India's Q2 GDP grows at 8.2% while nominal GDP shrinks, creating fiscal challenges. Manufacturing surges 9% but budget targets face pressure. Expert analysis on economic outlook.
Ludhiana's Failed Waste Management Tenders
Ludhiana civic body struggles to hire contractors for door-to-door garbage collection despite 4 attempts. City faces mounting waste management challenges affecting 425,000 properties.
Delhi Creates Digital Land Management System
Delhi government is developing DAMIS software to map all government land, track encroachments, and enable better urban planning. Complete details about the new land management initiative.
India GDP grows 8.2% in Q2, fastest major economy
India's economy grew at 8.2% in July-September 2025-26, marking six-quarter high. Finance Minister Sitharaman credits reforms and fiscal consolidation for robust growth.
India's Economy Poised to Grow Over 7% This Fiscal
India's economy is set to grow at over 7% this fiscal with GDP crossing $4 trillion in FY26, driven by strong manufacturing and services expansion. Read more about the growth trajectory.
India Q2 GDP Growth Hits 8.2%, Fastest Among Major Economies
India's economy grows at 8.2% in Q2 FY25, highest among major economies. PM Modi attributes success to reforms, manufacturing surges 9.7%. Read full analysis.
India's Fiscal Deficit at 52.6% of FY26 Target
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 at 52.6% of FY26 Target
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.
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