New Delhi, March 12 The Union Ministry of Housing and Urban Affairs informed the Lok Sabha on Thursday that the scheme to incubate eight new cities cannot be implemented as the tenure of the 15th Finance Commission is set to end on March 31 of this year.The Rs 8,000-crore grant provided by the...
budgetary allocation
city economic regions
finance commission
financialyear 2025-26
financialyear2026-27
government expenditure
grant funding
housing
india
investment
lok sabha
new cities
tokhan sahu
urban affairs
urban development
Gandhinagar, March 12 – The Gujarat Assembly on Thursday passed budgetary demands of Rs 3,725.11 crore for the state’s Rural Development Department for the financial year 2026–27.The government has proposed to extend rural employment from 100 to 125 days under a new mission and increase...
Mumbai, March 10 The Reserve Bank of India on Tuesday issued revised prudential norms governing dividend declaration by banks after examining feedback from stakeholders on the draft guidelines.Among the key changes, the RBI has eased the method of calculating "Adjusted Profit After Tax (PAT)"...
adjusted profit after tax
bank capital
banking regulations
commercial banks
dividend declaration
financialyear 2025-26
financialyear2026-27
net non-performing assets
npas
pat
payment banks
prudential norms
rbi
reserve bank of india
small finance banks
Mumbai, March 10 The Reserve Bank of India has capped the maximum dividend that banks can pay to shareholders at 75 per cent of profit after tax (PAT), effective from the financial year 2026-27.The central bank issued the Reserve Bank of India (Commercial Banks – Prudential Norms on...
banking regulations
capital requirements
commercial banks
dividend limits
dividend policy
financial norms
financialyear2026-27
india
profit after tax
rbi
reserve bank of india
New Delhi, March 10 IT firm Happiest Minds Technologies announced on Tuesday that it has revised its revenue growth expectation for the financial year 2026-27 to 12.5 per cent, up from its earlier estimate of 10 per cent, citing accelerating momentum from its artificial intelligence (AI)...
Pune, March 9 Pune municipal commissioner Naval Kishore Ram presented a draft budget of ₹13,995 crore for the financial year 2026-27 before the civic standing committee on Monday, with a strong emphasis on strengthening urban mobility and infrastructure.Ram emphasized that improving road...
budget
financialyear2026-27
footpaths
infrastructure development
land acquisition
merger (local government)
municipal administration
property compensation
pune
pune municipal corporation
road development
road infrastructure
sewerage projects
urban mobility
water pipelines
New Delhi, March 9 The India Energy Stack, an integrated digital public infrastructure for the power sector, will be launched in five states on a pilot basis in the next financial year before its nationwide rollout, Parliament was informed on Monday.The total fund allocated for the development...
data interoperability
digital public infrastructure
distribution utilities
electric vehicles
electricity value chain
financialyear2026-27
india
india energy stack
pilot program
power sector
protocol development
renewable energy
Mumbai, March 7 Maharashtra's total outstanding debt is projected to reach Rs 11,02,654 crore in the 2026-27 financial year, up from Rs 9,73,989 crore in the revised estimates for 2025-26, according to the state government's 'Budget in Brief', released on Saturday.According to the document...
budget 2026-27
debt
economic growth
financialyear2026-27
fiscal deficit
government expenditure
gross state domestic product
infrastructure development
maharashtra
pensions
revenue expenditure
revenue receipts
salaries
state finances
state government budget
Bengaluru, February 27 NABARD projected a priority sector credit potential of ₹4.99 lakh crore for Karnataka for the financial year 2026-27, registering a 12 per cent increase over the projections made for the previous fiscal.Releasing its "State Focus Paper for FY 2026-27" at the State Credit...
Mumbai, February 26 The Maharashtra government owes the Brihanmumbai Municipal Corporation (BMC) Rs 10,931 crore, Deputy Chief Minister Eknath Shinde informed the legislative assembly on Thursday.In a written reply, Shinde, who holds the Urban Development portfolio, stated that as of December...
bmc budget 2026-27
brihanmumbai municipal corporation (bmc)
budget
debt recovery
december 31, 2025
eknath shinde
financial debt
financialyear2026-27
government departments
maharashtra government
mumbai
municipal corporations
rs 10,931 crore
state finances
urban development
Mizoram Chief Minister Lalduhoma presented a budget of Rs. 17,469.91 crore for the financial year 2026-2027 in the state Assembly, focusing on improving social infrastructure, connectivity, the agricultural sector, and enhancing anti-drug efforts.The Chief Minister also presented supplementary...
agricultural sector
anti-drug efforts
anti-narcotics activities
bana kaih scheme
capital expenditure
central tax devolution
excise department
expenditure estimates
financialyear2026-27
lalduhoma
mizoram budget
revenue receipts
social infrastructure
state assembly
zoram people's movement
Mumbai, February 25 The Brihanmumbai Municipal Corporation has proposed a capital expenditure of ₹48,164.28 crore for 2026-27, an increase of about 11.59 per cent over 2025-26, signaling a renewed push for infrastructure and special projects.BMC Commissioner Bhushan Gagrani presented a budget...
bmc
brihanmumbai municipal corporation
budget 2026-27
capital expenditure
coastal road
development plan fees
financialyear2026-27
goregaon-mulund link road
india's richest civic body
infrastructure projects
mumbai
octroi abolition
property tax
revenue income
sewage treatment plants
Mumbai, February 25 The Brihanmumbai Municipal Corporation (BMC) proposed a budget of Rs 80,952.56 crore for the financial year 2026-27, representing an 8.77 per cent increase over the 2025-26 budget estimate of Rs 74,427.41 crore.BMC Commissioner Bhushan Gagrani presented the budget in the...
Raipur, February 24 Chhattisgarh Finance Minister OP Choudhary presented the annual budget of Rs 1.72 lakh crore for the financial year 2026-27 in the state assembly on Tuesday, stating that it is focused on inclusive growth, accelerating infrastructure development, and boosting investment.The...
bastar
bastar net project
chhattisgarh
deurgaon dam
education cities
financialyear2026-27
indravati river
infrastructure development
matnar dam
medical colleges
op choudhary
public works department
rani durgavati scheme
state budget
water resources department
Shillong, February 23 Meghalaya Chief Minister Conrad K Sangma on Monday presented a budget of Rs 32,023 crore for the 2026-27 financial year, projecting a fiscal deficit of around 3.5 per cent of the gross state domestic product.The chief minister, who also holds the finance portfolio, did...
Una (HP), Feb 19 The Himachal Pradesh Government will spend Rs 4.57 crore under the Integrated Horticulture Development Mission for the financial year 2026-27 in the Una district.During the review meeting of the Horticulture Department's annual plan on Wednesday evening, Una Deputy...
deputy commissioner jatin lal
financialyear2026-27
fruit production
himachal pradesh government
horticultural machinery
horticulture department
horticulture development mission
irrigation systems
micro-irrigation
natural farming
planting material
polyhouses
refrigerated transport vehicle
seedling distribution
una district
The Budget Session of the Jharkhand Legislative Assembly commenced today in Ranchi with the address of Governor Santosh Kumar Gangwar. Assembly Speaker Rabindra Nath Mahato informed the House that the fifth Budget Session will have a total of 17 working days during which policies, schemes, and...
Gandhinagar, February 18 – The Gujarat government presented its state budget for the financial year 2026-27 on Wednesday, allocating a total of ₹4.08 lakh crore, the largest in the state's history.The budget was presented in the Gujarat Legislative Assembly by State Finance Minister Kanu...
budget pillars
crop damage compensation
economic development
farmers
financialyear2026-27
green growth
gujarat legislative assembly
gujarat state budget
human resource development
infrastructure development
kanu desai
social security
state finance minister
unseasonal rains
viksit gujarat fund
Guwahati, February 17 Assam Chief Minister Himanta Biswa Sarma said on Tuesday that the state cabinet has approved the vote-on-account presented in the legislative Assembly for the initial months of the 2026-27 financial year.The Cabinet also approved the release of entrepreneurship fund (seed...
agricultural service amendment rules 2025
assam cricket association
assam revised leave rules 1934
assam state government
assam state rural livelihoods mission society
borbheti campus development
cabinet approvals
financialyear2026-27
himanta biswa sarma
jorhat district
leave entitlement teachers
mukhyamantri mahila udyamita abhiyaan
sainik school langvoku
tea tribes reservation
tourism development
Ajanta Neog presents Vote-on-Account budgetIn Assam, during the Vote-on-Account Budget session of the Fifteenth Assam Legislative Assembly, State Finance Minister Ajanta Neog presented a ₹62,294.78 crore Vote on Account budget for the first four months of the financial year 2026-27. The...
ajanta neog
assam budget
economic growth
fifteenth assam legislative assembly
financialyear2026-27
government programs
per capita income
state finance minister
vote-on-account