GST Cuts Hit Revenue, Fiscal Deficit Widens to 62.3%
India's fiscal deficit for April-November FY26 reached 62.3% of the annual target, impacted by GST rate cuts. Tax revenue lags while expenditure rises. Key details inside.
India's fiscal deficit for April-November FY26 reached 62.3% of the annual target, impacted by GST rate cuts. Tax revenue lags while expenditure rises. Key details inside.
India's fiscal deficit reached Rs 9.76 lakh crore by November 2025, covering 62.3% of the full-year target. Explore the details on revenue and expenditure trends shaping the economy.
The Centre has approved Rs 200 crore in special assistance for Uttarakhand to boost mining sector reforms. CM Dhami says it will drive transparency and sustainable growth. Details inside.
Zerodha's Rainmatter Capital is doubling down on climate-tech with a 10-15 year vision, investing ₹350 crore across 43 startups, even as other VCs pull back. Explore their unique strategy.
Arunachal Pradesh's Public Accounts Committee regularises pending excess expenditure cases from 1986-87 to 2009-10 and sets new monetary norms for future audits. Read the full details.
A new SBI report states the Viksit Bharat Guarantee Act will make states net gainers, collectively adding nearly Rs 17,000 crore. Read the full analysis of the funding shift and state-wise impacts.
Penn State's new coach Matt Campbell is pursuing former Iowa State star tight end Benjamin Brahmer, the No. 1 ranked TE in the 2026 transfer portal, to reshape the Nittany Lions' roster. Read more.
RBI's state statistics handbook reveals rising social sector spends mask declining budget shares & hidden disparities. Experts demand better data for real progress. Read more.
China launches a massive national venture capital fund worth 100 billion yuan to foster homegrown tech firms in semiconductors, AI, and quantum tech. Learn how this state-backed push aims to counter US competition.
The SAHM Investment Strategy Summit in Mumbai highlighted how AI, data analytics, and regional cooperation are transforming capital markets. Experts discussed new opportunities for investors.
India's revamped rural jobs scheme increases states' funding share, likely raising borrowings by ₹30,000-40,000 crore and pushing bond yields higher. Market experts warn of wider spreads and fiscal strain.
Market veteran Shankar Sharma warns India's economic slowdown is a 'giant battleship' hard to turn. He cites fiscal constraints, weak tax growth, and rupee pressures limiting a 2026 revival. Read his full analysis.
Rajasthan's State Election Commission has significantly increased expenditure limits for candidates in panchayat and urban local body elections. New campaign vehicle restrictions also announced.
Madhya Pradesh's Satpura Bhawan redevelopment tender withdrawn as demolition for a 140-acre State Capital Complex nears. Key dates and official statements inside. Read more.
AP Moller Capital enters India with a 900 MW renewable platform, while ArcelorMittal invests $900M for 1 GW solar, wind & storage. India's green transition attracts massive global capital. Read more.
Karnataka's 2025-26 budget may be slashed by 6% to Rs 3.85 lakh crore due to a massive revenue shortfall blamed on GST rationalisation. Development funds are at risk. Read the full analysis.
Thane election authorities warn of legal action, disqualification for candidates violating Rs 13 lakh spending limit. Model Code of Conduct in force until Jan 16, 2026. Read details.
Nagpur Municipal Corporation sets strict rates for campaign expenses, from tea to meals, as spending limit jumps 275% to Rs15 lakh per candidate for January 15 elections. Read how officials aim to ensure transparency.
Nashik Municipal Corporation finalises rate chart for election campaign items like tea, snacks, and T-shirts to ensure spending transparency. Learn about the new rules.
AI startup LatentForce raises $1.7M in seed funding led by Ideaspring Capital and Yali Capital to accelerate its agentic AI platform for enterprise software modernisation. Read more.
A CAG report reveals Karnataka electricity companies overspent Rs 111 crore on a central project. Discover the audit findings and financial lapses.
Canada's financial regulator holds capital buffer steady at 3.5%, revealing big banks have C$60 billion in excess capital. Read how this impacts lending and economic growth.
RTI activist files complaint over Rs 20.7 lakh helipad expenditure for President Murmu's Sabarimala visit. CM orders probe after chopper wheels sink. Read the full details.
India and Oman jointly welcome the initial Gaza ceasefire plan, urging a two-state solution for lasting peace. Read the full diplomatic statement and analysis.
India's economy is projected to grow at 7.5% in FY26 and 7% in FY27, supported by early signs of a private capex revival and resilient trade. Explore the detailed outlook and key drivers.
The central government has released Rs 62,685 crore to Himachal Pradesh from FY 2022-23 to 2024-25 for development, welfare, and infrastructure. Details inside.
Experts argue India must shift from insurance-based health coverage to a robust, publicly-funded universal healthcare system. Learn why primary care investment is key to preventing financial ruin.
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.
MPPSC unveils its 2026 exam calendar, offering early clarity for aspirants. Key exams for State Services, Engineering, and Assistant Professor posts scheduled from Jan to Sept 2026. Plan your preparation now!
Karnataka government's reliance on external advocates raises questions about its own expensive legal department. Why maintain a machinery it doesn't trust? Read the analysis.