The Centre will take a hit of Rs 26,000 crore (Rs 260 billion) in 2005-06 by implementing the twelfth finance commission's proposal of a higher share of central taxes, grant and debt relief to states.
Non-mineral-rich states will benefit from tariff concessions.
Terming the action by China as "surprising", External Affairs Ministry said it had expected China would have been more understanding of the danger posed to all by terrorism and would join India and others in fighting the common challenge of terrorism.
Hollande was welcomed by Governor of Punjab and Haryana Kaptan Singh Solanki and Haryana Chief Minister Manohar Lal Khattar, among others.
This is the second rail accident in the state in four days.
Vijay Kelkar, advisor to the finance minister, has been entrusted with the new task of preparing quarterly review of the economy as mandated under the Fiscal Responsibility and Budget Management Act.
Prime Minister Modi was hosted by Russian President Putin for a private tete-a-tete at Kremlin during which the two leaders touched upon issues of mutual national interests.
However, second seeded Sai Jayalakshmi failed to make it in the ITF Futures tournament.
In the two-day summit, the SCO will kick off the process of India's accession to the grouping as a full-fledged member along with Pakistan.
The conference, which will be addressed by Prime Minister Narendra Modi and Afghan President Ashraf Ghani, will see participation of over 40 countries.
India on Thursday downplayed the United States Senate rejecting a key amendment recognising the country as "global strategic and defence partner", saying it would be "premature" to speculate about its final content.
Sushma Swaraj called on Pakistan PM Sharif, amid efforts by both countries to revive the stalled dialogue process to improve ties.
The government on Wednesday said it was planning to prepay over $2.9 billion costly foreign loans this fiscal, which would be funded through domestic market borrowing.
With an intent to give a push to India-Qatar ties, Prime Minister Narendra Modi and Emir Sheikh Tamim bin Hamad Al-Thani on Sunday held detailed talks on a wide range of issues.
The finance ministry on Tuesday said it expects up to Rs 4,000 crore (Rs 40 billion) mop-up from the initial public offer of National Thermal Power Corporation.
Prime Minister Narendra Modi on Monday called on Iranian Supreme Leader Ali Khamenei.
"Income tax revolution is going to take place. There is no limit to reforms in the income tax department and in the country as a whole," Central Board of Direct Taxes member B Swarup said in New Delhi.
India on Wednesday said an effective action by Pakistani government against the LeT and other terror outfits will have to go far beyond "merely" proscribing their publicity through electronic media.
They won their semifinal matches in contrasting fashion today to set up the title clash in the Bhavana Swarup ITF Women's tennis tournament.
The top two seeds cruised into the last eight in the Bhavana Swarup ITF tournament.
German Chancellor Angela Merkel and Prime Minister Narendra Modi held talks on stepping up bilateral cooperation in a range of key areas with a special emphasis on ramping up trade and investment when global slowdown is emerging as a major concern.
The Financial Sector Legislative Reforms Commission had in a report last year proposed a unified regulator for the entire financial sector -- markets, insurance, commodities and pension. It had, however, proposed to keep banking out of its purview for now.
Prime Minister Narendra Modi on Friday met United Nations chief Ban Ki-moon who said he "counted on India's leadership" in South Asia, at the Sustainable Development Goals summit in New York marking the world body's landmark 70th anniversary session.
India on Friday said that it is disappointed that a technical hold has been put on its application to designate Jaish-e-Mohammad chief Masood Azhar, the mastermind of the Pathankot terror attack, in the United Nations Committee.
"Hello Hangzhou! PM lands in China to attend the G20 Summit," Modi tweeted.
On his PIL, the SC had in 2013 directed the Centre and the states to set up a Civil Services Board to decide on transfers of officers.
India's short-term overdraft facility with the Reserve Bank of India was in surplus at Rs 120 billion and the government will not borrow funds from the market in the fiscal year ending March 31, a finance ministry official said.\n\n
Following the assault of a Tanzanian female student in Bengaluru, a team of external affairs ministry and high commissioner of Tanzania will visit the city on Friday to take stock of the situation.
Prime Minister Narendra Modi arrived in Tashkent, Uzbekistan on the first leg of his eight-day visit to Central Asia and Russia. Here are top moments from his visit
The Indian ace won the singles and doubles crowns in the ITF Bhavna Swarup tournament.
Ankita and Sana were beaten in the first round of the ITF women's tournament.
"A Maputo morning, an African dawn! PM @narendramodi arrives in Mozambique for the first leg of his visit," Ministry of External Affairs spokesperson Vikas Swarup tweeted on Modi's arrival in Mozambique's capital Maputo.
External Affairs Minister Sushma Swaraj on Thursday flagged off the first batch of pilgrims undertaking the annual yatra to Kailash Mansarovar in the Tibetan Autonomous Region of China.
The separatist had applied for a passport to allow him to visit his ailing daughter in Saudi Arabia.
