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No-trust debate: Best and Worst performers

'The biggest winner of the day was Lok Sabha Speaker Sumitra Mahajan who ran her ship with self-confidence and aplomb, says Sudhir Bisht. The Modi Sarkar subjugated the divided Opposition by a......

Why, despite Mosul massacre, Punjab's youth still want to go to Iraq

'The main reason people go to other countries is unemployment in Punjab' 'Sometimes I wish ISIS had killed me too'   They left home dreaming of better lives and returned in caskets. Yet,......

BJP wrestles with populism vs pragmatism debate in K'taka

Ahead of the assembly elections next year, the BJP has been wallowing in a welter of ideas that has resurrected the debate on populism versus pragmatism, as it has to pander to two important......

Can BJP win Gujarat without Modi as CM?

The coming elections seem a tough battleground for the BJP in the wake of anti-incumbency, Patidar and Dalit agitations and implementation of the GST. Image: Prime Minister Narendra Modi......

Jobs, liquor, casinos: Parrikar's uphill new job in Goa

The Goa CM knows running a potentially turncoat coalition government while pursuing a development agenda will require a fine balancing act, reports Sohini Das. How Parrikar returned as Goa's chief......

Covid to erode 3 years of fiscal gains of states: RBI

The additional outgo to combat the impact of COVID-19 will significantly erode the fiscal consolidation achieved by the state governments in the past three years, an RBI report said on Tuesday.......

Centre to borrow on behalf of states to meet GST shortfall

The Central government will borrow up to Rs 1.1 lakh crore on behalf of the states to bridge the shortfall in GST collections, the finance ministry said on Thursday. Illustration: Dominic......

Centre permits 20 states to borrow Rs 68,825 cr to meet GST shortfall

The Centre on Tuesday permitted 20 states to raise Rs 68,825 crore through open market borrowings to bridge the GST revenue shortfall. IMAGE: Finance Minister Nirmala Sitharaman chairs a GST......

GST payout: Why Centre is avoiding a vote

The question on who should borrow from the market and whether the borrowing will be under two buckets should be decided by the GST Council, and not by the Centre.If there is no consensus, there has......

FDI from China went down by almost half in 3 years

There has been a decline in foreign direct inflow from China in the last three years, with FDI coming down to USD 163.77 million in 2019-20, Minister of State for Finance Anurag Singh Thakur......
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RBI

The additional outgo to combat the impact of COVID-19 will significantly erode the fiscal consolidation achieved by the state governments in the... ...

http://www.rediff.com/money/report/covid-to-erode-3-years-of-fiscal-gains-of-states-rbi/20201027.htm
State govts' FY21 deficit seen higher at 5% of GSDP

19 2020 04:45:12 PM New Delhi, Oct 19 (IANS): State governments' deficit is seen higher at 5 per cent, up from earlier estimate of 4.5 per cent of... ...

https://www.daijiworld.com/news/newsDisplay.aspx?newsID=762625
₹2.16-lakh cr will be available to States unconditionally, says FM

₹1.1-lakh cr from special window plus their extra borrowing of 0.5% of GSDP : Sitharaman ...

https://www.thehindubusinessline.com/economy/gst-gap-216-lakh-cr-will-be-available-to-states-unconditionally-says-fm/article32875516.ece
GSDP's declining growth may challenge goal of making Uttar Pradesh a trillion-dollar...

No estimates have been released for the first quarter of the current financial year (2020-21) to date, which would have helped ascertain the impact... ...

https://www.hindustantimes.com/lucknow/gsdp-s-declining-growth-may-challenge-goal-of-making-uttar-pradesh-a-trillion-dollar-economy/story-30Fe6bfuFHecEnbNU8ts5K.html
Centre allows 20 states to mobilise Rs 68,825 crore

"Additional borrowing permission has been granted at 0.5 percent of the Gross State Domestic Product (GSDP) to those states who have opted for... ...

https://www.moneycontrol.com/news/economy/gst-compensation-deadlock-centre-allows-20-states-to-mobilise-rs-68825-crore_14363481.html

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