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.
Foreign universities are unlikely to gain major ground in India's higher education market in the near term, as students and families continue to prioritise return on investment over brand value in a highly price-sensitive sector.
Punjab's Finance Minister Harpal Singh Cheema has announced that the newly enacted anti-sacrilege law in Punjab leaves no loopholes for offenders to escape justice. The law proposes stricter punishment, including life imprisonment and a fine of up to Rs 25 lakh, for any act of sacrilege against the Guru Granth Sahib.
Call for fiscal autonomy to Union Territories with Assemblies may get louder with 'special status' to J&K in the Finance Commission, say experts.
'I cannot imagine that any NSA before Ajit Doval would have given us this kind of time and this kind of engagement. They would have offered slogans, or nothing at all. That, too, tells you something.'
The Telangana government's salary structure reveals surprising figures, with senior sweepers earning up to 2 lakh and chief engineers drawing 7 lakh monthly.
FinCom prescribes scrapping of effective revenue deficit.
Supreme Court Justice B V Nagarathna has emphasised the critical importance of an independent Election Commission to ensure the neutrality and integrity of the electoral process in India.
West Bengal Chief Minister Mamata Banerjee has accused central forces of attempting to search her car while en route to Kolkata airport, alleging misuse of central machinery by the BJP ahead of state elections.
India's privatisation push, once projected as a cornerstone of economic reform, has suffered another setback, with the Centre set to call off the IDBI Bank stake sale, highlighting the political and structural constraints shaping the country's disinvestment policy, experts say.
West Bengal Chief Minister Mamata Banerjee has accused central forces of searching her car and criticised the BJP for alleged election misconduct during a rally in Islampur, Uttar Dinajpur district.
Buyers should understand the distinction between the losses the policy covers, those that need add-ons, and those it excludes.
Around 24 paise will come from borrowings and other liabilities, 10 paise from non-tax revenue like disinvestment, and 2 paise from non-debt capital receipts, the Budget documents showed.
Congress leader K Muraleedharan has dismissed the BJP's influence in Kerala ahead of the Assembly elections, citing unfulfilled promises and a lack of tangible benefits for the state.
Finance Commission has got new team who are committed to growth initiatives.
Congress leader K Muraleedharan has dismissed the BJP's influence in Kerala ahead of the Assembly elections, accusing the party of failing to fulfil its promises to the state.
Jammu and Kashmir Chief Minister Omar Abdullah has affirmed his government's commitment to a transparent recruitment process, aiming to fill 25,000 vacancies this year while avoiding legal complications.
The Congress party has accused the Modi government of abusing its power and distorting the Model Code of Conduct (MCC) during the upcoming assembly elections in Assam, Tamil Nadu, Kerala, West Bengal and Puducherry. The party alleges that the MCC has become 'Modi's Code of Campaigning' filled with defamation and lies.
A former Metropolitan Police officer of Indian origin has pleaded guilty to his involvement in a 'crash for cash' scam in the UK, involving fraudulent personal injury claims after staged vehicle collisions.
The Jharkhand High Court has taken suo motu cognisance of the alleged rape and murder of a 12-year-old girl in Hazaribag district, demanding responses from state officials and police regarding the ongoing investigation and lack of arrests.
In modern investing, transparency is more valuable than zero fees and not all investing app score big on this front, says Ramalingam Kalirajan.
The Jammu and Kashmir government is working to fill over 40,000 vacant posts across various departments, with a focus on health, education, and general administration.
Ask rediffGURU Reetika Sharma your insurance, mutual fund and personal finance-related questions.
AICC General Secretary K C Venugopal has released an open letter to Kerala Chief Minister Pinarayi Vijayan, alleging secret deals with BJP leaders and the central government, raising questions about the LDF government's functioning ahead of the Assembly elections.
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.
Amidst global energy market volatility driven by the West Asia crisis, Russia has proposed increasing its crude oil and natural gas supplies to India, strengthening bilateral energy ties and aiming for USD 100 billion in annual trade by 2030.
A local court in Mumbai has accepted the police's closure report in the alleged Rs 25,000 crore scam at the Maharashtra State Cooperative Bank (MSCB), giving a clean chit to the late deputy chief minister Ajit Pawar and other accused.
Kerala Chief Minister Pinarayi Vijayan accused Governor Rajendra Vishwanath Arlekar of omitting portions of the state cabinet-approved policy address, specifically criticizing the Union Government's fiscal policies and the pending status of state bills.
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.
Political observers said the announcement assumes significance as the state prepares for the assembly elections, with political parties stepping up outreach to various community groups.
Four Assam Congress workers have been arrested for allegedly possessing and transporting pamphlets containing allegations against Chief Minister Himanta Biswa Sarma, sparking controversy and accusations of undemocratic action.
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.
The Lokpal, India's anti-corruption ombudsman, has been allocated Rs 30 crore in the Union Budget 2026-27. The Central Vigilance Commission (CVC) has been allocated Rs 54.56 crore.
Nationalist Congress Party leader Sunetra Pawar on Tuesday took charge as Maharshtra's deputy chief minister, a fortnight after her husband Ajit Pawar died in an air crash.
With the Union Budget 2026, India's 74th, fast approaching, all eyes are once again on New Delhi's North Block as Finance Minister Nirmala Sitharaman is preparing to table it on February 1, 2026, marking her ninth Budget presentation in a row.
Karnataka Governor Thaawarchand Gehlot has refused to address the joint sitting of the state legislature, prompting government intervention. The reasons are unclear, but follow similar incidents in other states.
Delhi Police inform court that a BMW driver involved in a fatal accident last September is charged with culpable homicide for allegedly delaying medical assistance to the victim.
Sebi is working with other regulators to expand the CAS framework.
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.
The government on Wednesday put out the draft of a new policy that projects the country's power sector will need Rs 50 trillion in investments by 2032 and Rs 200 trillion by 2047, proposing ambitious reforms in generation, transmission and distribution.
