fiscal year

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    Govt Maintains Small Savings Interest Rates for Eighth Quarter

    New Delhi, March 30 The government on Monday maintained the same interest rates for various small savings schemes, including PPF and NSC, for the eighth consecutive quarter, starting April 1, 2026."The interest rates on various Small Savings Schemes for the first quarter of FY 2026-27...
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    India's Economic Outlook: OECD Forecasts Growth Amid Global Challenges

    New Delhi, March 26 The Organisation for Economic Cooperation and Development (OECD) projected India's GDP to grow at 7.6 per cent in the current fiscal and 6.1 per cent in 2026-27.In its interim Economic Outlook report, the OECD said that the evolving conflict in the Middle East has "human...
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    Nagaland Budget Session to Discuss Key Matters

    March 25, Kohima: The second phase of the 8th Session of the 14th Nagaland Legislative Assembly will resume tomorrow.Chief Minister Neiphiu Rio, who also holds the Finance portfolio, will present the State Budget for the financial year 2026-2027.During the two-day session, the House will...
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    India's Economic Forecast: Growth, Inflation, and the Impact of Middle East Conflict

    New Delhi, March 25 S&P Global Ratings on Wednesday raised India's GDP growth forecast for the next fiscal to 7.1 per cent, with private consumption, investment, and exports being key drivers, but said that the conflict in the Middle East could strain the fiscal position due to higher energy...
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    Himachal Budget Faces Opposition Criticism: Cuts and Declines

    Shimla, March 23 Leader of the Opposition in Himachal Pradesh, Jai Ram Thakur, criticized the budget for the 2026-27 fiscal year, saying that it offers absolutely nothing for the state, which is facing a financial emergency.Speaking to the media after participating in the budget discussion...
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    India's Urea Output Rising as Plants Operate at 80% Capacity

    New Delhi, March 19 Fertilizer companies have purchased additional natural gas from the spot market to increase urea production at their plants, which are operating well below capacity due to a fuel shortage amid the West Asia crisis, a senior government official said on Thursday.After...
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    Govt Seeks Lok Sabha Approval for Rs 2.81L Crore Additional Expenditure

    New Delhi, March 10 The government on Tuesday sought approval from the Lok Sabha for an additional expenditure of over Rs 2.81 lakh crore in the current fiscal year.The second batch of Supplementary Demands for Grants was presented in the Lok Sabha by Finance Minister Nirmala Sitharaman...
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    Govt Seeks Lok Sabha Approval for Rs 2.81Lakh Cr Additional Expenditure

    New Delhi, March 10 The government on Tuesday sought approval from the Lok Sabha for an additional expenditure of over Rs 2.81 lakh crore in the current fiscal year.The second batch of Supplementary Demands for Grants was presented in the Lok Sabha by Finance Minister Nirmala Sitharaman...
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    Nagaland Economic Survey Projects Growth, Focus on 2047 Vision

    March 9, Kohima: Nagaland's economy is projected to grow by 10.33 percent in the 2025-26 fiscal year, up from 7.58 percent in 2024-25, according to the 2025-26 Nagaland Economic Survey, presented today during the ongoing session of the state Assembly.The report stated that the state is...
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    Mizoram's Economic Growth: 9.4% GSDP Increase Over 13 Years

    Aizawl, March 9 Mizoram registered an average annual growth rate of 9.36 per cent in Gross State Domestic Product (GSDP) over the 13-year period between 2011-12 and 2024-25, according to the state's 2025-26 Economic Survey.The survey, presented by Chief Minister Lalduhoma in the assembly on...
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    Bhopal Division: WCR Issues ₹36.30 Crore in Penalties for Ticketless Travel

    Bhopal, March 5 The West Central Railway (WCR) has detected nearly 5.7 lakh instances of irregular travel in its Bhopal division over the past 11 months, and has collected a penalty of ₹36.30 crore, an official said on Thursday.The action was carried out between April and February of the...
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    Revenue Growth: Rajasthan Mines Dept. Surpasses Targets

    Jaipur, March 4 – The Mines and Geology Department has finalized a field-level revenue collection strategy targeting over ₹1,500 crore during March, the final month of the 2025-26 fiscal year.Principal Secretary T. Ravikant reviewed the department's progress during a meeting held at Khanij...
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    Himachal CM Requests Financial Package Amidst RDG Discontinuation

    New Delhi, March 2 Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu met with Union Finance Minister Nirmala Sitharaman here on Monday and requested a financial package under special central assistance to cover the revenue deficit for the 2026-27 fiscal year.This development comes nearly...
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    Nagaland Surpasses GST Collection Target

    March 2, Kohima: Nagaland has exceeded its GST collection target for the current financial year.Speaking during the 8th Assembly Session today, Governor Ajay Kumar Bhalla stated that GST revenue as of January 31, 2026, stood at 987.38 crore rupees, exceeding the 2025-26 target of 949 crore...
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    Himachal Pradesh Asks Union FM to Review RDG Discontinuation

    New Delhi, March 2 – Himachal Pradesh Chief Minister Sukhvinder Sukhu met with Union Finance Minister Nirmala Sitharaman on Monday and requested a financial package under special central assistance to cover the revenue deficit for the 2026-27 fiscal year.The Chief Minister informed the Union...
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    Foreign Investment in India Reaches $47.87 Billion in First Nine Months of FY26

    New Delhi, February 27 According to government data, foreign direct investments (FDI) in India rose by 18 percent to USD 47.87 billion during April-December 2025-26.Investments from overseas during the nine-month period of the previous fiscal year amounted to USD 40.67 billion.Total FDI...
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    GDP Growth Projection Raised to 7-7.4% Following New Series

    New Delhi, February 27 The economic growth projection for the next fiscal year has been revised upwards by 20 basis points to 7-7.4 per cent following the release of a new GDP series, Chief Economic Advisor V Anantha Nageswaran said on Friday.The Economic Survey presented in Parliament in...
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    Financial Gains and Debt Management: Mizoram's Press Conference Highlights

    February 26th, Aizawl: Addressing a press conference after the session, Chief Minister Lalduhoma highlighted a significant financial boost from the Centre. Thanks to the 16th Finance Commission raising the horizontal devolution rate, Mizoram's share of Central Taxes & Duties has risen to...
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    Mumbai BMC's 2026-27 Budget Details Capital & Revenue Plans

    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...
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    Jharkhand's FY'27 Budget Prioritizes All Sectors

    Ranchi, February 24 The Jharkhand government on Tuesday presented a ₹1.58 lakh crore budget for the 2026-27 fiscal in the assembly.The JMM-led government had presented a ₹1.45 lakh crore budget in 2025-26."I have presented a budget of ₹1.58 lakh crore for the 2026-27 financial year before...
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