A CAG audit reveals large-scale diversion of Rs 300 crore from Karnataka's District Mineral Foundation Trust, violating PMKKKY rules meant for welfare in mining-affected districts. Read the full report.
CAG K Sanjay Murthy reveals serious flaws in India's DBT system, with thousands of crores transferred without verification due to poor data integration. Read the full audit concerns.
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.
A CAG report criticizes Karnataka for delays in creating a flood and landslide action plan, urging better disaster authority function. Read the key findings.
CAG Sanjay Murthy reveals serious flaws in India's DBT, with thousands of crores flowing without checks. Calls for better data integration to prevent duplication. Read the full report.
CAG report reveals major lapses in Bengaluru's flood warning projects, leading to wasteful expenditure and leaving residents vulnerable. Read the full audit findings.
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.
Snapchat CEO Evan Spiegel shares his unique perspective on stress, calling it a 'gift' for growth. Learn his mindset shift and practical routines for handling pressure. Discover how to reframe stress today!
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.
The Comptroller and Auditor General's report reveals significant financial irregularities and weak controls in Himachal Pradesh's governance, highlighting rule breaches in key departments.
India is strengthening Global South cooperation by sharing its public financial management systems. Learn how this initiative fosters sustainable development and economic resilience.
A 5-year analysis by MPower reveals a 50% surge in anxiety & depression among Indian men. Key triggers include work stress & loneliness. Read the full report.
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.
A CAG report tabled in the MP Assembly reveals the alarming erosion of net worth in six state PSUs, with combined losses of over ₹42,410 crore. Details on power discoms, IT parks, and MSME development failures inside.
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.
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.
White House releases President Donald Trump's MRI report, confirming the 79-year-old is in excellent health. Details from physician Dr. Sean Barbabella's memo inside. Read the full report.
The White House has released an update on President Donald Trump's health, stating his MRI showed no evidence of issues and he remains in excellent health. Get the full details here.
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.
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.