State-level welfare expansion is pushing India into a debt trap, risking national economic stability. Experts argue for a unified National Welfare Policy based on fiscal discipline and transparency. Read more.
RBI's annual report highlights a pivotal shift in global trade dynamics in 2025. Sustaining India's high growth path requires continued focus on economic reforms, fiscal consolidation, and boosting private investment. Read the full analysis.
Karnataka faces a Rs 18,500 crore GST shortfall despite strong tax growth. CM Siddaramaiah resists extra borrowing, focusing on fiscal prudence. Read the full analysis.
Former Finance Commission Chairman NK Singh argues India's appeal to global investors hinges on fiscal discipline of both Centre and states. He calls for cooperative federalism and competitiveness-driven growth to sustain long-term momentum.
India's economy surges with 8.4% GDP growth in Q3 FY24, exceeding expectations. The government revises full-year forecast upward to 7.6%. Read the full analysis.
Madhya Pradesh reshapes finances with zero-based budgeting & a 3-year rolling plan. Deputy CM Jagdish Devda reveals FY25 revenue of Rs 55,634 Cr, per capita income of Rs 1.52 lakh, and new tech-driven initiatives for revenue growth.
The World Bank approves a $700 million financing package for Pakistan to boost macroeconomic stability and public services. Learn about the program's goals and impact.
The proposed VB-G RAM G Bill 2025 shifts MGNREGS funding to a 60:40 Centre-State split, tripling states' costs. UP, Andhra, Tamil Nadu to be hardest hit. Read the analysis.
On December 20, 1985, Asom Gana Parishad swept Assam polls, VP Singh proposed major tax reforms, and Rajiv Gandhi & Zia-ul-Haq agreed to a peace treaty. Explore this pivotal day in history.
India's net direct tax collection for FY25 grows 8% to Rs 17.04 lakh crore. Gross collections surge 24% to Rs 19.45 lakh crore, while refunds slow. Read the full analysis.
India's net direct tax collections grew 8% to Rs 17.05 lakh crore till Dec 17, boosted by a sharp 13.5% fall in refunds. Advance tax up 4.27%. Read the full analysis.
India's bond market faces a prolonged bearish phase with 10-year yields projected at 6.55-6.70% through FY26. Key drivers include fiscal consolidation and global factors. Read the full analysis.
Finance Minister Nirmala Sitharaman states reducing debt will be a primary goal in 2026-27. Data reveals 11 states have debt-to-GSDP ratios at 35% or more this fiscal year. Get the full analysis.
Finance Minister Nirmala Sitharaman highlights the Centre's success in reducing debt-to-GDP ratio post-Covid and calls for states to emulate its fiscal management and transparency goals. Read more.
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.
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.
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'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 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.
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.
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.
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 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.
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.
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 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.
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.
India's current account deficit improved sharply to 1.3% of GDP in Q2 FY26. Key drivers include higher services exports and remittances, though quarterly trends show a widening trade gap. Explore the full analysis.
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 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.