fiscal deficit

Chief Minister Omar Abdullah expressed his heartfelt gratitude to the Government of India, led by Prime Minister Narendra Modi, for providing an additional central assistance of ₹5,000 crore to Jammu & Kashmir. Akashvani Jammu correspondent reports that the Chief Minister conveyed his sincere...

On March 25 in Bengaluru, Karnataka Chief Minister Siddaramaiah defended the State Budget for 2026-27, responding to criticism from the opposition. He stated, "Even when compared to other progressive states in South India, our fiscal deficit remains within the prescribed limits." Opposition...

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...

New Delhi, March 25 The Lok Sabha passed the Finance Bill 2026, along with 32 government amendments, on Wednesday.With the passage of the Finance Bill 2026, the Lok Sabha has completed its part of the budgetary approval process. The Upper House, the Rajya Sabha, will now consider the Bill...

Kuala Lumpur, March 24. Economists have revised their forecast for the ASEAN-6's gross domestic product (GDP) growth to 4.5 per cent in 2026, down from 4.8 per cent, and to 4.7 per cent in 2027, also down from 4.8 per cent, due to the impact of the conflict in West Asia.The ASEAN-6 countries...

New Delhi, March 23 – According to the 2025-26 economic survey report presented to the Delhi assembly by Chief Minister Rekha Gupta on Monday, Delhi's per capita income at current prices is likely to reach Rs 5,31,610, registering a growth of 7.92 per cent over 2024-25.The Chief Minister...

Gandhinagar, March 23 – Gujarat Finance Minister Kanubhai Desai stated on Monday that the state government is maintaining strict fiscal discipline and meeting all prescribed financial targets, even as it continues to increase capital expenditure for development.Speaking during the Budget...

New Delhi, March 23 According to the 2025-26 economic survey report, presented to the Delhi assembly by Chief Minister Rekha Gupta on Monday, Delhi's per capita income at current prices is likely to reach Rs 5,31,610, registering a growth of 7.92 per cent over 2024-25.The report further stated...

Mumbai, March 22 Amid concerns over a surge in import bills due to rising commodity prices in the wake of the Middle East conflict, Larsen & Toubro is hoping that the government will continue with its capital expenditure, even if it means a widening of the fiscal deficit.The engineering...

Shimla, March 21 Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Saturday presented a budget of Rs 54,928 crore for 2026-27, with a revenue deficit of Rs 6,577 crore and a fiscal deficit of Rs 9,698 crore.Presenting his fourth budget, Chief Minister Sukhu, who also holds the finance...

Shimla, March 21 – Former Himachal Pradesh Chief Minister and Leader of the Opposition, Jai Ram Thakur, on Saturday described the state's budget as "the most disappointing and directionless in the state's history," offering absolutely nothing to the people.He stated that the budget...

Shimla, March 21 Leader of the Opposition in the Himachal Pradesh Assembly, Jai Ram Thakur, on Saturday said the budget presented by Chief Minister Sukhvinder Singh Sukhu is the most tedious, disappointing, and directionless budget in the state's history.Speaking to the media here, the former...

In Hyderabad, on March 20, the Telangana government presented a budget of Rs 3.24 trillion for the fiscal year 2026-27, an increase of nearly Rs 20,000 crore over the previous year. This budget prioritizes key programs such as the beautification of the Musi Riverfront and Phase 2 and 3 of the...

Jaipur, March 17 – Rajasthan Chief Minister Bhajanlal Sharma launched a sharp attack on former Chief Minister Ashok Gehlot over his remarks questioning Sharma’s visits to Delhi on Tuesday, triggering a fresh political confrontation in the state.Speaking at an event at Tagore International...

New Delhi, March 13 – Finance Minister Nirmala Sitharaman informed the Lok Sabha on Friday that the country currently holds a robust fertiliser stock of 163 lakh metric tonnes (LMT) for April.This represents a significant 26 per cent increase over the previous year's stock of 128.54 LMT.The...

New Delhi, March 13 Finance Minister Nirmala Sitharaman said on Friday that the Rs 1 lakh crore Economic Stabilization Fund will help in dealing with the impact of an unanticipated crisis like the ongoing conflict in West Asia.Responding to a debate on the second batch of supplementary demands...

New Delhi, March 13 – The Lok Sabha on Friday approved the second batch of Supplementary Demands for Grants, which will enable the government to spend an additional ₹2.01 lakh crore in the current financial year.The government had sought approval to spend a gross additional amount of ₹2.81...

New Delhi, March 13 The Lok Sabha passed the second batch of supplementary demands for grants on Friday, allowing the government to spend an additional ₹2.01 lakh crore in the current fiscal year.Through the second batch of supplementary demands, the government sought approval from the Lok...

New Delhi, March 13 Finance Minister Nirmala Sitharaman on Friday said the Rs 1 lakh crore Economic Stabilization Fund will provide fiscal space for India to respond to global challenges.Responding to the debate on the second batch of supplementary demands for grants in the Lok Sabha, she said...

Amaravati, March 11 YSRCP supremo Y S Jagan Mohan Reddy accused the Andhra Pradesh government led by N Chandrababu Naidu of accumulating debts equivalent to 97% of the borrowing during his 5-year tenure in just two years.Reddy claimed that the TDP-led government had already borrowed Rs 3.2...