debt-to-gdp ratio

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    Chadha Highlights Parliamentary Work Amidst AAP Rift

    New Delhi, April 10 Amid internal divisions within the Aam Aadmi Party (AAP), Rajya Sabha member Raghav Chadha shared a message on Instagram on Friday, asserting that his parliamentary work would speak for itself.On the social media platform Instagram, Chadha posted a video and wrote, “With...
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    India's Rupee Forecast: Stability Amid Global Headwinds

    Kolkata, April 8 Chairman of the Economic Advisory Council to the Prime Minister (EAC-PM), S Mahendra Dev, said on Wednesday that the Indian Rupee is expected to stabilize at the 92-93 level against the US dollar, and he expressed optimism that foreign investment flows will improve in the near...
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    India's Tax System: A Shift Towards Simplicity & Transparency

    Finance Minister Nirmala Sitharaman stated today that India's tax system has evolved towards simplification, technology, trust, and transparency, which are strengthening fiscal capacity. Addressing the Golden Jubilee celebrations of the National Institute of Public Finance and Policy in New...
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    FM Sitharaman: India Has Room to Respond to Global Challenges

    New Delhi, April 6 Finance Minister Nirmala Sitharaman said on Monday that India has fiscal space to support sectors affected by the escalating West Asia crisis, while the Reserve Bank has room to cut interest rates to deal with global challenges.The Monetary Policy Committee, headed by the...
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    Debt and Corruption: Fadnavis Targets DMK Ahead of TN Polls

    Madurai (Tamil Nadu), April 6 Maharashtra Chief Minister Devendra Fadnavis said on Monday that there was a wave of change in Tamil Nadu in favor of the NDA, and the ensuing Assembly elections will see the DMK, which is "deeply entrenched in corruption and opposed to Tamil Nadu's age-old...
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    India's Finance Act 2026 Details Fiscal Targets and Infrastructure Boost

    New Delhi, March 31 – The government has notified the Finance Act 2026 to bring into effect the financial proposals of the Union Budget for 2026-27.A gazette notification issued by the Ministry of Law and Justice stated: "The Finance Act 2026 received the assent of the President on March 30...
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    Union Budget 2026-27: Key Provisions Approved

    New Delhi, March 27 – The Parliament on Friday passed the Finance Bill 2026 with the Rajya Sabha returning it to the Lok Sabha by voice vote, completing the legislative process to provide legal backing for the proposals of the Union Budget 2026-27, which will come into effect during the new...
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    Fiscal Reforms and Support: Highlights from the New Budget

    New Delhi, March 25 – Finance Minister Nirmala Sitharaman stated on Wednesday that the Union Budget includes several "supportive" measures for the middle class and MSMEs, and the government is moving forward with reforms based on conviction and clarity, rather than compulsion.In response to...
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    Finance Bill 2026: MPs Raise Issues on Unemployment and Inflation

    The Lok Sabha has taken up the Finance Bill, 2026, for consideration and passage. The bill aims to implement the financial proposals of the Central Government for the financial year 2026-2027. Union Finance Minister Nirmala Sitharaman introduced the bill in the House.Starting the discussion...
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    Punjab Panel Studies Old Pension Scheme's Fiscal Impact

    Chandigarh, March 11 Punjab Finance Minister Harpal Singh Cheema said on Wednesday that an expert committee led by the chief secretary is studying the fiscal impact of the old pension scheme.Cheema was presenting a detailed summary of the work of the AAP government over the past four years...
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    CM Fadnavis Highlights Maharashtra's Economic Trajectory

    Mumbai, March 11 – Chief Minister Devendra Fadnavis announced on Wednesday that Maharashtra will become the first state to achieve a $1 trillion economy by 2029 and a $5 trillion economy by 2047.He stated that the state's economy is currently worth $660 billion in 2025-26, and it needs to add...
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    Fiscal Management: J&K Reduces Debt-to-GDP Ratio Amid Economic Growth

    Jammu, February 18 Jammu and Kashmir's total debt for the financial year 2024-25 is estimated at ₹1,37,067 crore, which is 48 per cent of the Union Territory's GDP, which has significantly expanded to ₹2,88,422 crore, Chief Minister Omar Abdullah said on Wednesday.Defending his government's...
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    Budget 2026-27: Focus on Infrastructure, State Support, and Debt Reduction

    On Wednesday, Finance Minister Nirmala Sitharaman announced that the government has budgeted Rs 53.47 trillion for the next fiscal year, a 7.7% increase from the current fiscal ending March 31.According to the revised estimates, the current fiscal's budget is Rs 49.64 trillion, lower than the...
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