After the last Budget's announcement of a major tax relief for those earning an annual salary of less than Rs 12 lakh, there is not much that individuals can look forward to in the forthcoming Budget, points out A K Bhattacharya.
Opposition leaders have criticised Prime Minister Narendra Modi's address to the nation, calling it politically motivated and a misuse of official platforms during ongoing elections.
Governments should move away from universal subsidies towards tightly targeted transfers, backed by stricter eligibility norms, sunset clauses and periodic audits to curb leakages and improve spending efficiency, a joint study by Asian Development Bank and PwC has recommended.
The total expenditure on the MGNREGA programme, as per the revised estimates from 2025-26, was Rs 88,000 crore, while initially, a sum of Rs 86,000 crore was allocated.
China's latest defence budget surges to $275 billion, fueling its ambitious military modernisation program and intensifying geopolitical dynamics in the region.
Of the 1.32 trillion capex target for FY26, State-run oil firms have already spent 1.07 trillion in the first 10 months.
India's state-level fiscal rules have improved headline deficits, but the gains are fragile and uneven with major states still grappling with high debt levels, a World Bank report submitted to the 16th Finance Commission (FC) said. According to the report, despite nearly two decades of adoption of fiscal responsibility laws (FRLs), debt levels have not converged.
'LIC will reduce but not fully exit its stake in IDBI Bank, which remains an important bancassurance partner,' says LIC of India' MD and CEO R Doraiswamy.
India's main inflation measure, the Consumer Price Index (CPI), is set for another major update, even though it has been in its current form for only about 15 years.
The Adani group has said it will have a capital expenditure of Rs 1.1 trillion in 2025-26 as against this financial year's Rs 92,000 crore, with a focus on core energy and infrastructure. Expenditure will be financed through an internal cash generation of Rs 60,000 crore, and the rest will be raised via equity and debt, according to senior officials.
The Union Budget for 2026-27, presented by Finance Minister (FM) Nirmala Sitharaman on Sunday, which was a first, had an excellent domestic macro backdrop. According to the first advance estimates, gross domestic product (GDP) in constant prices is projected to grow 7.4 per cent in the current financial year, against 6.5 per cent in 2024-25.
Finance Minister Nirmala Sitharaman launched a strong attack on Rahul Gandhi and the Congress party, accusing them of compromising India's interests on the world stage and selling out farmers and the poor during their time in power.
Analysis of election expenditure reports reveals Congress spent more on propaganda and social media, while BJP's overall expenses were higher in the Delhi assembly elections.
Three laws passed in Parliament could boost central revenues, reshape GST cess flows, shift MGNREGA costs to states and create new budget headroom ahead of the 2026-2027 Union Budget, points out A K Bhattacharya.
The Supreme Court will examine whether the reduction in NEET-PG qualifying marks affects the standard of postgraduate medical education, following petitions challenging the cut-off reduction for the current academic year.
The Election Commission has warned against the use of bulk SMSes and audio messages during the 48-hour 'silence period' before the conclusion of voting in the Bihar assembly polls. The EC has also mandated pre-certification of political advertisements on electronic media, including social media.
The best course for the government at this time would be to tighten the seat belt a little more, without compromising on its investments in creating better infrastructure and giving a push to privatisation, points out A K Bhattacharya.
The Election Commission has directed enforcement agencies and security forces to take proactive measures during the Bihar elections to prevent the use of drugs, liquor, and cash to influence voters.
This is the first Budget in my memory of Budgets over the last half a century which has embraced upfront, enthusiastically and emphatically, technology, modernity and fiscal sobriety, notes Shreekant Sambrani.
A team of Election Commissioners will visit Patna to review poll preparedness in Bihar ahead of the upcoming assembly elections. The team will meet with political parties, police, administrative officials, and observers to ensure a free and fair election.
Shiv Sena (UBT) chief Uddhav Thackeray demands cancellation of civic elections where candidates won unopposed, alleging corruption and manipulation by ruling parties. He also criticizes the Maharashtra legislative assembly speaker and the misuse of BMC funds.
India has managed high government debt-to-GDP, a slowing domestic revenue engine, lower household savings and a more hostile geopolitical environment separately in the past. But together, they threaten to undo the growth narrative on which today's optimism rests, warns Debashis Basu.
Sri Lanka continues relief and rescue efforts with India's assistance after Cyclone Ditwah caused widespread devastation, killing over 190 people and affecting nearly a million.
The notice requested Rashid or a representative of his to appear before the district expenditure monitoring committee within two days to address the discrepancy and ensure timely submission of the expenditure report to the Election Commission of India.
A report by the Association for Democratic Reforms (ADR) reveals that a significant number of registered unrecognised political parties in Bihar have not made their mandatory financial disclosures public for 2023-24.
Maharashtra is set to hold local body elections for municipal councils and nagar panchayats, marking the first phase of a Supreme Court-mandated process. The elections are seen as a key indicator of political sentiment following the BJP-led Mahayuti's victory in the assembly elections.
Maharashtra is set to hold local body elections on December 2 for municipal councils and nagar panchayats. The polls are seen as a test of the ruling coalition's strength after their recent assembly election victory.
Actor-politician Vijay held his first public meeting in Puducherry, criticising the central government for neglecting the union territory's demand for statehood and praising the local government's impartiality. He also targeted the DMK government in Tamil Nadu, suggesting they could learn from Puducherry.
A string of welfare schemes and promises tests the state's budget, which is already heavily dependent on central support and spends little as capital outlay.
The Congress followed next with Rs 620 crore or 18.5 percent of the total expenses among the 32 national and regional parties whose records were analysed, the ADR said.
The election expenditure limit for candidates has been hiked to Rs 95 lakh from Rs 70 lakh for Lok Sabha elections and to Rs 40 lakh from Rs 28 lakh for assembly polls, the Election Commission said on Thursday citing a law ministry notification.
The story of Bihar's educational reform is a lesson for all reforms done halfway.
The Indian government has expressed its disagreement with the IMF staff's 'baseline' assumption that the 50 per cent US tariffs on its goods exports 'would remain in place indefinitely', based on which the staff pegged the country's GDP growth at 6.6 per cent this year, and pared its 2026-27 projection by 20 basis points to 6.2 per cent.
Gandhi's remarks came on a day it emerged that the Election Commission has formally written to him on his allegations of rigging in the 2024 Maharashtra polls, saying all polls held by the poll panel strictly as per laws passed by Parliament and rules, and the entire exercise involves thousands of personnel, including booth-level agents appointed by political parties.
India has decided to submit a dossier at the upcoming Financial Action Task Force (FATF) meeting, calling for Pakistan to be placed back on the grey list of the global money laundering and terrorist financing watchdog.
The Adani Group reported its highest-ever trailing twelve-month EBITDA of Rs 90,572 crore, driven by strong performance in its core infrastructure and clean energy businesses, along with contributions from its emerging airports segment, the conglomerate said on Thursday. The group reported an earnings before interest, taxes, depreciation and amortization (EBITDA) of Rs 90,572 crore for the period from July 2024 to June 2025, up from Rs 85,502 crore pre-tax profit in the trailing twelve months ending June 2024, it said in a statement.
The Union Budget 2025-26 has allocated over Rs 1,400 crore to the law ministry to meet carry forward expenditure for holding the 2024 Lok Sabha elections and purchase of new electronic voting machines for the Election Commission. The allocation includes Rs 500 crore for the elections, Rs 300 crore for voter identity cards, Rs 597.80 crore for "other election expenses", and Rs 18.72 crore for new EVMs. The law ministry is the nodal agency for the Election Commission, polls, electoral laws, and appointment of members to the poll panel.
The notification issued by the law ministry on Monday night said the maximum expenditure a candidate can incur for campaigning in Lok Sabha polls is now Rs 77 lakh. It was so far Rs 70 lakh. For assemblies, it has been hiked from Rs 28 lakh to Rs 30.8 lakh.
The Central Vigilance Commission has directed the Public Works Department of Delhi government to conduct a detailed probe into the alleged merger of properties to expand the 6, Flagstaff Road bungalow and the expenditures incurred on its interiors, Bharatiya Janata Party leader Vijender Gupta said on Saturday.
The proposed reforms in goods and services tax (GST) announced by the government last week, coupled with the eighth pay commission dole-out, is likely to push consumption-driven stocks - such as air conditioners (ACs), select automobiles, fast-moving consumer goods (FMCG), retail, and counters of quick-service restaurants (QSRs) - into higher orbit over the next few months, believe analysts.
