fiscal year 2026-27

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    Economic Update: World Bank Adjusts India's FY27 Growth Amid Global Uncertainty

    New Delhi, April 9 The World Bank has marginally raised India's growth projections for the 2026-27 fiscal to 6.6 per cent, and said that while cuts in the Goods and Services Tax (GST) rate would boost consumer demand in the initial months of the fiscal, headwinds arising from the Middle East...
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    India's Economic Outlook: Growth Boosted, But Middle East Risks Loom

    New Delhi, April 8 The World Bank on Wednesday slightly raised India's growth projections for the 2026-27 fiscal year to 6.6 per cent, stating that while cuts in the Goods and Services Tax (GST) rate would boost consumer demand in the initial months of the fiscal, the Middle East crisis could...
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    Precious Metals Outlook: Geopolitical Risks and Central Bank Demand

    New Delhi, April 6 Precious metal prices in the domestic markets are expected to remain moderately bullish in the fiscal year 2026-27 as geopolitical tensions, trade war fears, and growing recession risks globally are likely to bolster demand for safe-haven assets, even as elevated interest...
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    Relief for Fire Victims: J&K MLAs Get CDF Allocation

    Jammu, March 31 Jammu and Kashmir Chief Minister Omar Abdullah informed the legislative assembly on Tuesday that MLAs can allocate up to Rs 50 lakh from their Constituency Development Fund (CDF) for housing aid, including reconstruction and repairs for calamity-affected families, in the fiscal...
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    Maharashtra Maintains Ready Reckoner Rates for 2026-27

    Mumbai, March 31 – In a significant move to strengthen the state's real estate sector, the Maharashtra government has decided not to increase the Ready Reckoner rates for the 2026-27 financial year.The Office of the Inspector General of Registration and Controller of Stamps announced on...
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    India's Rajya Sabha Begins Debate on Finance Bill

    March 27, New Delhi: India's upper house of Parliament, the Rajya Sabha, has taken up the Finance Bill, 2026 for discussion after it was passed by the Lok Sabha.Moved by Minister of State for Finance Pankaj Chaudhary, the Bill aims to implement the Centre's financial proposals for the fiscal...
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    Andhra Pradesh Bridges Revenue Gap for Discoms, Shields Consumers from Tariff Hikes

    Kurnool (Andhra Pradesh), March 25 The APERC on Wednesday said that the state government has contributed to close a revenue gap of Rs 1,718 crore for the power distribution companies for FY27, which will result in "no tariff increase for any consumer category in the state".Secretary of the...
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    New Mini-Secretariats Planned for Enhanced Governance

    New Delhi, March 24 With the aim of bringing citizen-centric governance under one roof, the Delhi government allocated a separate budget of Rs 100 crore on Tuesday to develop 13 "mini-secretariats."Presenting the budget for 2026-27, Chief Minister Rekha Gupta said that the government is also...
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    Rekha Gupta Presents Budget Focused on Infrastructure and Growth

    New Delhi, March 24 – Chief Minister Rekha Gupta presented the annual budget for the 2026-27 financial year in the Delhi Assembly on Tuesday, proposing a total outlay of Rs 1,03,700 crore.This was her second budget for the national capital. Assembly Speaker Vijender Gupta congratulated her...
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    Thane Budget Prioritizes Infrastructure, Health, and Education

    Thane, March 23 Thane Municipal Commissioner Saurabh Rao presented a budget of ₹6,221.12 crore for the 2026-27 fiscal, focusing on infrastructure, health, and education, without proposing any increase in municipal taxes.The budget was presented in the general body meeting held under Mayor...
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    Budget Cuts and Loss Estimates: Himachal Pradesh Faces Financial Challenges

    Shimla, March 21 Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Saturday presented a budget of Rs 54,928 crore for 2026-27, and blamed the discontinuation of a revenue deficit grant to the state for annual losses of over Rs 8,000 crore.The grant – a financial assistance provided by...
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    Telangana Announces ₹3.24L Cr Budget with Infrastructure Investment

    Hyderabad, March 20 The Telangana government on Friday presented a budget of ₹3.24 lakh crore for the fiscal year 2026-27, an increase of nearly ₹20,000 crore over the previous year, with a focus on flagship programs such as the Musi Riverfront beautification project and the Hyderabad Metro Rail...
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    Telangana Seeks Growth & Employment in New Budget

    Hyderabad, March 19 Telangana Deputy Chief Minister Mallu Bhatti Vikramarka will present the state's budget for the fiscal year 2026-27 in the Legislative Assembly on Friday.Vikramarka, who holds the finance portfolio, said the budget would be acceptable to all sections of society and would...
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    Budget Focus: Agriculture, Home, and Power Grants Debated

    Today, the Lok Sabha will discuss and vote on the grants requested by the Ministry of Agriculture and Farmers Welfare for the 2026-27 fiscal year. The House will also discuss and vote on the grants requested by the Ministry of Home Affairs, the Ministry of External Affairs, and the Ministry of...
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    Budget Discussions and Appropriation Bill in Parliament Today

    March 17, New Delhi: Today's proceedings in the Indian Parliament will focus on key financial matters and discussions among ministers in both houses. In the Lok Sabha, further discussion and voting will take place on the grants demanded by the Ministry of Railways for the fiscal year 2026-27...
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    Tripura Assembly Approves Tax-Free Budget with Emphasis on Development

    Agartala, March 16 Tripura Finance Minister Pranajit Singha Roy presented a tax-free budget of Rs 34,212.31 crore for the financial year 2026-27 on Monday, emphasizing infrastructure, digital transformation, and rural employment.The budget reflects a 5.52 per cent growth compared to the...
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    Economic Outlook: Fitch Updates India's Growth and Oil Price Projections

    New Delhi, March 13 Fitch Ratings on Friday raised India's GDP growth forecast for the current fiscal and the next to 7.5 per cent and 6.7 per cent, and projected the average global crude oil price to be USD 70/barrel in 2026.Fitch had, in December, projected India's GDP growth for the current...
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    India's GDP Growth Forecast Rises to 7.5%

    New Delhi, March 13 Fitch Ratings on Friday marginally raised India's GDP growth forecast to 7.5 per cent for the current fiscal, citing strong domestic demand as the primary growth driver.In December, Fitch had projected India's GDP growth at 7.4 per cent for the current fiscal.For the next...
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    Arunachal Pradesh Budget Prioritizes Infrastructure & Development

    Itanagar, March 10 Arunachal Pradesh Deputy Chief Minister Chowna Mein presented a budget of Rs 36,607 crore for the 2026-27 fiscal year in the state assembly, with a focus on six key sectors aimed at strengthening infrastructure, people-centric development, economic growth, and governance...
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    Punjab Budget Focuses on Welfare and Development

    Punjab Finance Minister Harpal Singh Cheema presented the state's budget for the fiscal years 2026-27, allocating 2,60,437 crore rupees.The total revenue projected for 2026-27 is 1,26,190 crore rupees. Of this, 70,851 crore rupees will come from Own Tax Revenue, and 15,687 crore rupees from...
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