Former Chief Minister of Karnataka Basavaraj Bommai said on Friday that the state budget presented by Karnataka Chief Minister Siddaramaiah is a directionless, zero-progress budget, which will take the state to the brink of debt, and will have a far-reaching impact on the state's finances
Speaking to ANI, Bommai said that even after taking loans worth Rs 1.32 lakh crore and imposing an additional tax burden of Rs 25,000 crore, the budget still reflects a deficit of around Rs 32,000 crore.
Most of India's key macroeconomic indicators have remained in a healthy range over the last four decades with notable improvement in recent years, said Poonam Gupta, Deputy Governor, Reserve Bank of India.
New Delhi [India], February 23: Moving abroad changes your relationship with India and the way you manage your finances. You can still access and manage funds in your home country as a Non-Resident Indian (NRI), but subject to specific rules. So, if you're considering adding a resident famil
The Court, on Wednesday, said that instead of distributing resources through freebie schemes, political parties should frame planned and structured policies aimed at long-term welfare, such as unemployment schemes and other development-oriented measures.
Leader of Opposition and former Himachal Pradesh Chief Minister Jai Ram Thakur on Thursday accused the state government of misleading people by presenting "wrong figures" in the Assembly over the discontinuation of the Revenue Deficit Grant (RDG), alleging that the ruling dispensation was
The Supreme Court on Thursday strongly criticised the distribution of "freebies" by political parties of all states and expressed concern over its impact on public finances.
The new fund signals a major change in how the government finances city development. Instead of relying solely on government grants, cities will now be encouraged to raise money from the market and private investors. The government stated that this represents a "paradigm shift in India's urb
Senior BJP leader and former Himachal Pradesh Chief Minister Prem Kumar Dhumal has expressed concern over the state's current financial situation, saying the fiscal stress is not sudden but the result of long-anticipated challenges that the government failed to address in time.
New Delhi [India], February 7: Getting a personal loan is not just access to funds, but a long-term financial commitment that needs careful planning, and most importantly, ensuring that the EMI does not burden your finances, or put you at the risk of defaulting on the loan.
New Delhi [India], February 2: When it comes to managing personal finances, many people face a familiar dilemma of the safety and convenience of a Savings Account versus the higher returns of Mutual Funds. Traditionally, Savings Accounts have been seen as secure but modest in growth, while M
New Delhi [India], January 31: India has witnessed a remarkable shift toward digital payments in recent years, and UPI has emerged as the most preferred method for everyday transactions. The Unified Payments Interface, or UPI, allows users to send and receive money quickly, securely, and con