Search For "fiscal"
Gujarat, Odisha fare well on fiscal front; Punjab under pressure amid high
Updated : 1 week, 5 days ago IST
Gujarat and Odisha have emerged relatively better placed in terms of fiscal performance, with manageable levels of debt and deficits, while Punjab continues to face pressure due to elevated debt and interest burden, according to a report by CareEdge Ratings.
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Maharashtra and Uttar Pradesh lead India's vehicle sales in Q3 FY25-26: SI
Updated : 2 weeks, 1 day ago IST
Maharashtra and Uttar Pradesh emerged as the primary drivers of automobile demand in India during the third quarter of the 2025-26 fiscal year. According to the latest data released by the Society of Indian Automobile Manufacturers (SIAM), the country recorded the sale of 12.76 lakh passenge
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BJP cites Telangan Chief Secretary's report to allege financial mismanagem
Updated : 2 weeks, 2 days ago IST
Addressing deliberations linked to the 16th Finance Commission, the Chief Secretary revealed that Telangana's monthly salary and pension outgo has skyrocketed from approximately Rs 1,500 crore in 2014 to nearly Rs 6,000 crore today -- a fourfold surge in just ten years. This
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Maruti Suzuki's in-plant railway siding in Gujarat becomes world's first m
Updated : 2 weeks, 3 days ago IST
Maruti Suzuki India Limited's in-plant railway siding in Gujarat became the world's first modal shift transportation project to generate carbon credits under the Verified Carbon Standard (VCS) program of Verra. The automobile manufacturer announced on Wednesday that the project is registered
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States raise Rs 46,100 Crore via RBI yield-based auction
Updated : 2 weeks, 4 days ago IST
As many as 16 State Governments raised funds through a mix of fresh issuances and re-issues. The securities span maturities ranging from three years to 28 years, reflecting varied borrowing strategies aligned with states' fiscal requirements.
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India's macro fundamentals strong, show notable improvement in recent year
Updated : 2 weeks, 4 days ago IST
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.
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Assam government constitutes 8th Assam Pay Commission under Subhash Chandr
Updated : 2 weeks, 4 days ago IST
According to the order issued by the Finance (Pay Research Unit) Department, the Secretary, Finance (PRU) Department will serve as the Member Secretary of the Commission. Other members include the Senior Most Secretary, Personnel Department; Senior Most Secretary, ARTPPG Department; Senio
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India's GDP growth likely at 8.1% in Q3 FY26 amid strong domestic demand:
Updated : 2 weeks, 4 days ago IST
India's economy is expected to maintain strong growth momentum, with GDP projected to expand by around 8.1 per cent in the third quarter of the current financial year (FY26), according to a report by the State Bank of India (SBI).
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ICRA projects the net loss of the Indian aviation industry to reduce to Rs
Updated : 2 weeks, 4 days ago IST
The Indian aviation industry is projected to see its net losses decline by one-third in the 2026-27 fiscal year as domestic passenger traffic growth recovers to an estimated 6-8 per cent.
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Pakistan: Business community questions impact of government's energy tarif
Updated : 3 weeks ago IST
According to Dawn, the package includes a three-year incremental plan featuring a Rs4.04 per unit reduction for industry and a shift in tariff rebasing from a fiscal year to a calendar year cycle starting January 1, 2026. The government maintains that both small and large industries received
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Pakistan's economic mismanagement pushes poverty, inequality to record hig
Updated : 3 weeks ago IST
: Pakistan's poverty rate has soared to 29%, the highest in 11 years, while income inequality has climbed to its worst level in nearly three decades, exposing deep cracks in the country's economic management. According to a government survey, nearly 70 million Pakistanis now live below the m
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Himachal going to face revenue deficit of Rs 10,000 crore: Dy CM Mukesh Ag
Updated : 3 weeks ago IST
"The Centre is trying to weaken the states, especially those ruled by Congress. We discussed the revenue deficit grant. Himachal Pradesh is going to face a revenue deficit of Rs 10,000 crore. We had been receiving the grant for the past five years, but it was stopped abruptly by the centr
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