Central Government

Here’s everything policyholders need to know about the GST cut on future premiums and policy benefits

Centre to help Mizoram get Presidential assent to 6-yr old Bill to detect foreigners

Centre will take steps to obtain Presidential assent to a six-year-old Bill to identify foreigners and genuine residents in the North-eastern state.

Rahul Gandhi's Citizenship Controversy: High Court Seeks Govt Response

The Lucknow bench of Allahabad High Court has given the central government until March 24 to respond to allegations of Rahul Gandhi’s concealed British citizenship. A BJP worker's PIL demands a CBI probe and questions Gandhi’s eligibility to contest in India. Get the latest updates

Too many Central govt schemes dilute spirit of co-operative fiscal federalism: RBI report

Further, the report said that the persistent high level of subnational debt of states calls for a credible roadmap for debt consolidation.

India's fiscal deficit for April-August at Rs 4.35 lakh cr, 27% of full-year target

Borrowing calendar for second year showed that the government is expecting to rake up Rs 6.61 lakh crore, in line with the Budget, in the second half of the year, of which a significant proportion is to come from longer-tenure securities

Central govt staff likely to receive 3-4 % raise in DA ahead of Diwali: Report

In March 2024, the government had already implemented a 4 percent increase in both DA and DR, bringing them to 50 percent of the basic pay.

Claridges moved Delhi HC over Rs 69 crore demand pursuant to ground rent revision

The Delhi HC ordered the Land and Development Office (L & DO) not to take any coercive steps against Claridges till July 22 and listed the case for hearing on the same date.

Centre gears up for rural road network expansion to boost economic growth: Report

The Pradhan Mantri Grameen Sadak Yojana (PMGSY) would gather disparate villages and habitations with a population of 300–400 in the plains and 100 in the hills, desert regions, and some tribal and backward areas, according to report.

Govt unlikely to change borrowing numbers in upcoming Budget despite record RBI dividend: Experts

In the interim budget on February 1, the central government said it would borrow Rs 14.13 lakh crore from the markets in 2024-25 in gross terms to finance its fiscal deficit of 5.1 percent of the GDP.

Why did the Supreme Court deny interim relief to Kerala in borrowing limits case?

“If the State has essentially created financial hardship because of its own financial mismanagement, such hardship cannot be held to be an irreparable injury that would necessitate an interim relief against Union,” the apex court order noted.

Govt likely to hike dearness allowance for Central govt employees by 4 percentage points

Cabinet likely to implement increased DA with effect from January 1, 2024

Explaining government borrowing: A guide to central and state bond markets

Here’s how central and state governments procure funds to meet their fiscal needs.

Explained | Modi Vs Pinarayi: The battle over borrowings

The Pinarayi Vijayan-led Kerala government has approached the Supreme Court against the borrowing limits imposed on the state by the Narendra Modi-led regime at the Centre.

Centre and Kerala to battle funds allocation issue in SC as dialogue yields no result

The SC has agreed to hear the case at length on March 6.

Centre clears appointment of three judges to the Supreme Court

The Chief Justice of India DY Chandrachud is expected to administer oath to the newly appointed judges on November 9.

SC annuls extension of ED chief's tenure, current director should vacate by July 31

The court however upheld the validity of amendments to the Central Vigilance Commission Act conferring power on the Central government to extend the tenure of ED director.

Morning Scan: All the big stories to get you started for the day

A round-up of top newspaper stories to keep you ahead of others

Centre releases double tax devolution instalment of Rs 1.18 lakh crore to states

This is the first double instalment of tax devolution to states from the Centre for the year 2023-24

Sustainability a critical issue in unfunded pension schemes like OPS, no uncertainty in NPS: PFRDA chairman

A finance ministry-instituted committee to review NPS for government employees will look at improving the pension system further.

Govt gets multiple bids for disinvestment of stake in IDBI Bank

The government and LIC together are looking to sell 60.72 percent stake in IDBI Bank and had invited bids from potential buyers

Serum Institute to provide 2 crore Covishield doses to central govt free of cost

According to an official source, Prakash Kumar Singh, Director of Government and Regulatory Affairs at the Serum Institute, has written to the Health Ministry offering the doses worth Rs 410 crore free of cost.

Centre trying to further cut time for approving patent filing: FM Sitharaman

Domestic filing of patents has been increasing and in 2021, a total of 58,502 patents was filed while 28,391 were cleared, she said at a function.

MC Explains | Indian municipalities and their finances

A recently released RBI report shows that nearly all the municipal corporations in India are struggling financially and highly dependent on support from state and central governments.

Central government sanctioned Rs 1,400 crore as grant to Puducherry, says CM

The Chief Minister further said construction workers were each being handed over Rs 3,000 for Deepavali and members of the unorganised sector were each being paid Rs 1,000 for the festival.

12 offices of PFI, associates sealed in Mangaluru

Police sources said 10 offices of the PFI, the office of the Campus Front of India (CFI) and an information and empowerment office of the organisation were sealed since Wednesday evening.