State debt is rising because revenues are disappointingly weak. Ten states have debt ratios exceeding 30 per cent. In 2023-2024, states were borrowing simply to meet day-to-day expenses, points out Debashis Basu.
The winter session of Parliament is set to begin with the government prioritizing its reforms agenda, including a bill to open the civil nuclear sector to private players. The opposition is expected to raise concerns about electoral roll revisions and air pollution.
'It will increase the contribution to gratuity, which is something the employer has to give.'
The Indian government reveals that the United States has deported over 18,000 Indian nationals since 2009, with a focus on human trafficking investigations and concerns over the treatment of deportees.
Ahead of the Union Budget 2026-27, Indian business houses have urged the government to make demergers tax-neutral, particularly in cases involving transfer of investments in associate companies with 25 per cent or more shareholding, under the new Income Tax Act. This may possibly help some companies planning to go public, according to a source.
The Supreme Court of India is considering formulating pan-India guidelines to prevent road accidents on expressways and national highways, following a fatal accident in Rajasthan. The court is focusing on the issue of illegal 'dhabas' and encroachments along highways as potential causes of accidents.
The FBI is offering a reward for information about an Indian national wanted in connection with the 2017 murder of an Indian woman and her son in New Jersey. US authorities are urging India to extradite the suspect, Nazeer Hameed.
The Mumbai Bench of the National Company Law Tribunal (NCLT) on Tuesday gave its approval to Vedanta Limited's demerger proposal, clearing the way for the group to reorganise its operations into five distinct, sector-specific entities.
They weren't up for a windfall even after the trophy but life was certain to get a lot better as some sponsors and state governments stepped up to lift them financially.
The Ministry of Corporate Affairs (MCA) has finalised the affidavit it will soon submit in the Delhi high court in the matter of Apple's petition challenging the recent amendments to the Competition Act that allow penalties to be based on a company's global turnover, a senior official said.
The Delhi High Court refused to entertain a PIL seeking compensation for passengers affected by IndiGo flight cancellations, citing an ongoing related case.
The Supreme Court, in a 2:1 majority, has recalled its previous judgment prohibiting the Centre from granting retrospective environmental clearances to projects violating environmental norms, paving the way for reconsideration of the issue.
Congress MP Manish Tewari has introduced a bill in Lok Sabha that seeks to allow parliamentarians to take an independent line in voting on bills and motions other than those affecting the government's stability in a bid to free them from "whip-driven tyranny" and promote "good lawmaking".
To digitise Customs processes, the Union finance ministry is planning to integrate the Indian Customs Electronic Gateway (ICEGATE), Risk Management System (RMS), and Indian Customs Electronic Data Interchange System (ICES) into a single unified national Customs platform, according to government sources.
The Supreme Court has directed the CBI to conduct a pan-India investigation into digital arrest scams and questioned the RBI about its lack of AI usage in detecting and freezing accounts used by cybercriminals.
Union Home Minister Amit Shah emphasizes the need for a unified anti-terrorism structure and a strong anti-terrorism grid across India to effectively counter terror attacks. He also announced a new plan to combat organized crime.
At a time when Indian football is staring at unprecedented uncertainty with its domestic season in limbo, the Asian Football Confederation on Wednesday delivered a triple blow to the country's top club
The CBI has filed a chargesheet against 17 people, including four Chinese nationals, and 58 companies for their alleged roles in a transnational cyber fraud network that siphoned off over Rs 1,000 crore.
Minority Affairs Minister Kiren Rijiju announced that the deadline for registering Waqf properties on the UMEED portal will not be extended. However, those who attempted registration but could not complete it will be exempt from penalties for the next three months.
A special court has released Shafat Ahmed Shangloo, arrested by the CBI in connection with the 1989 kidnapping of Rubaiyya Sayeed. The court denied the CBI's request for custody, noting his absence in the charge sheet.
From appointment letters becoming mandatory to gig workers receiving social security to enhanced rights for women and contract labour, the changes reflect India's attempt to balance ease of doing business with stronger worker welfare.
The Ministry of Home Affairs (MHA) has ordered a probe into the September 24 violence in Leh, led by retired Supreme Court judge B S Chauhan, to investigate the circumstances leading to the law and order situation, police action, and the deaths of four people.
As the new Income Tax (I-T) Act, 2025 moves towards implementation from April 1, 2026, the finance ministry is reviewing and simplifying the compliance forms used by charitable institutions. Debjyoti Das, principal chief commissioner of income tax (exemption), said the new Act has already reorganised exemption provisions into a clearer and more coherent structure, and the accompanying procedures and forms are now being examined.
The Delhi High Court has asked the central government why it cannot reduce the GST on air purifiers, considering the poor air quality in Delhi. The court's concern is that the current 18% GST makes air purifiers unaffordable for the common man.
The draft National Code Against Age Fraud in Sports (NCAAFS) 2025, which mandates penal action against violators and calls for AI-based bone assessments to accurately determine an athlete's age, is set to become a policy soon with the sports ministry planning to send it for cabinet approval next week.
Bangladesh's interim government has called on India to extradite Sheikh Hasina after she was sentenced to death in absentia. The move has sparked reactions from various political parties.
Besides Karti Chidambaram, the Lok Sabha MP from Sivaganga, the CBI had named his alleged close associate and chartered accountant, S Bhaskararaman, Talawandi Sabo Power Ltd (TSPL), a subsidiary of Vedanta, and Mumbai-based Bell Tools, through which bribes were allegedly routed.
Sonia Gandhi criticizes the Modi government's environmental policies, claiming they endanger the Aravalli hills and disregard environmental protection.
Indian football remained in a state of terminal decline after experiencing arguably its darkest phase in a year marked by severe administrative crisis, court hearings, financial issues, absence of domestic leagues, and a steep decline in performance of the senior men's team.
The change in the government's engagement with the economy's need for reforms is more nuanced than how analysts have so far perceived it, points out A K Bhattacharya.
Beginning next month, a bank customer can opt for up to four nominees in her or his account with a view to ensure uniformity, and efficiency in claim settlement across the banking system. The key provisions relating to Nomination under the Banking Laws (Amendment) Act, 2025 will come into effect from November 1, 2025, a finance ministry statement said on Thursday.
After recent high-intensity operations in the Bastar region and the neutralisation of several senior Maoist leaders, officials say the insurgency has lost its ability to mount large-scale coordinated attacks.
The CBI arrested Shafat Ahmed Shangloo, an absconder carrying a Rs 10 lakh reward, in connection with the 1989 kidnapping of Rubaiyya Sayeed. He is allegedly part of a conspiracy hatched by the banned JKLF.
India is examining Bangladesh's request to extradite former prime minister Sheikh Hasina, who was sentenced to death in absentia. India emphasizes its commitment to the best interests of the people of Bangladesh.
This was perhaps a missed opportunity for India to spotlight a core domestic challenge: The scale of workforce preparation required for a young, populous, rapidly growing country seeking to reach net zero, points out Radha Roy Biswas.
'The natural barrier that is Aravalli, you are demolishing it, then who will stop the desert?' 'In future, I predict that people will roam around with oxygen cylinders in Delhi because they won't be able to breathe.'
The family of a man suspected of involvement in the Delhi blast near Red Fort metro station has expressed disbelief, stating that he was an introvert focused on his studies and work.
India and Russia are expected to sign a bilateral mobility agreement during President Vladimir Putin's visit to New Delhi, establishing a framework for legal migration, worker protection, and expansion of skilled Indian manpower in Russia.
Union Home Minister Amit Shah has vowed strict punishment for those responsible for the Delhi blast, stating it will send a message to the world against such attacks.
Bangladesh's interim government has formally requested India to extradite former Prime Minister Sheikh Hasina after she was sentenced to death by the International Crimes Tribunal for crimes against humanity.
