These efforts come amid plans to bring down the overall debt-to-GDP ratio of the Centre and states by improving the quality of expenditure and by tempering Centre’s borrowings from the market. Meanwhile, several Indian states are increasing their expenditure on subsidies and welfare schemes, potentially at the expense of capital expenditure.
The western region, which includes Mumbai and Pune, have the highest number of the pending cases
"Some progress was made by the 15th Finance Commission, and hopefully, we will try and make more progress. It is a recognised problem."
The growth rate needed for per capita income growth is 7.3 percent to achieve $14,000 by 2047. With India’s per capita income in 2023-24 standing at $2,570, Panagariya emphasised that there is substantial room for further increase.
The move signals a broader effort to enhance the collection, processing, and management of statistics for improved fiscal transparency and governance.
Tuhin Kanta Pandey, a seasoned bureaucrat, takes over as SEBI Chairperson, succeeding Madhabi Puri Buch.
The share of investment in GDP slowed marginally to 33.4 percent in 2024-25 so far.
This will be the first time in more than three years when the government will not impose such a mandate on domestic coal based power plants. The coal ministry has enough stock for power plants
In February 25 edition of Moneycontrol Pro Panorama: Gold stocks rise, economic momentum across major nations fade, the stock market fall is not over yet, exporting skills will fetch India forex, and more
In the past, court rulings have stalled privatisation efforts despite the PSU’s return to profitability.
The bilateral trade deal is expected to protect agriculture, textiles, aluminium and steel industries from ‘reciprocal’ tariffs threatened by Donald Trump
Government has been employing AI to analyse vast data sets, detect anomalies, and flag potential cases of tax evasion. AI-driven systems have been used to scrutinise GST registrations and prevent fraudulent claims for input tax credits.
Nilekani envisions integrating AI into railway’s modernisation efforts to improve safety, prevent accidents, and ensure a more secure travel for passengers across the extensive network.
Tesla will commence its India rollout in the next couple of months with imported EVs, and is unlikely to have any local manufacturing component to begin with. Instead, the government may seek to integrate India into Tesla’s global value chain.
The CBDT has begun the work of redoing all forms, the rule book will be simplified, redundancies done away with.
Investments made in times of all-round pessimism seldom fail to generate positive returns
All of the Fed's policymakers supported keeping its key rate unchanged last month, the minutes said.
The stronger-than-anticipated direct tax inflows provide the government with additional fiscal room.
The scheme will provide term loans ranging from Rs 10 lakh to Rs 2 crore for greenfield enterprises, enabling first-time entrepreneurs to access formal credit through banks.
For FY26, the capex will be in the range of about Rs 28,000-30,000 crore, up from Rs 20,000 crore as previously planned. For FY27, the Capex will be Rs 35,000 crore, instead of Rs 20,000 crore.
The finance minister has said the government’s focus has not shifted from capital expenditure to consumption expenditure
The amount invested in large caps, in fixed income and in gold will determine your portfolio’s ability to cushion volatile shocks from the portion invested in small caps
US President’s tariff tantrums prompt New Delhi to line up initiatives to pacify Washington and blunt the impact of any retaliatory step
Post Modi-Trump meet, India and the US will work towards a more detailed bilateral agreement for nuclear reactors, after the Civil Liability for Nuclear Damage Act (CLNDA) is amended in the Parliament, senior government officials told Moneycontrol.
The sharp fall in inflation, particularly food inflation dropping to 6% from over 8% in previous months, provides the RBI with much-needed policy space.