News for 'government spending'

Dhami Criticises TMC's Governance in West Bengal

Dhami Criticises TMC's Governance in West Bengal

Rediff.com5 Mar 2026

Uttarakhand Chief Minister Pushkar Singh Dhami criticised the Trinamool Congress' governance in West Bengal, citing issues such as increased infiltration, corruption, and atrocities against women during a rally in Hingalganj.

Banking system liquidity surplus shrinks to Rs 16,875 cr, lowest since Jan 22

Banking system liquidity surplus shrinks to Rs 16,875 cr, lowest since Jan 22

Rediff.com22 Mar 2026

The net liquidity surplus in the banking system fell to Rs 16,875 crore on Thursday the latest data by the Reserve Bank of India (RBI) showed, lowest since 22 January.

Born with a diamond spoon: Lalit Modi defends luxury life

Born with a diamond spoon: Lalit Modi defends luxury life

Rediff.com4 Jun 2026

Former IPL Commissioner Lalit Modi, who claims that there is no wrongdoing by him in the legal cases faced by him in India, has said that he was born with "a diamond spoon", has a kingsize lifestyle, travels everywhere and that "Rs 10-12 crore" may not last with him a week.

Karnataka Minister Nagendra Faces Charges In Funds Diversion Case

Karnataka Minister Nagendra Faces Charges In Funds Diversion Case

Rediff.com2 Jun 2026

The CBI has filed three chargesheets against former Karnataka minister B Nagendra and his associate Nekkanti Nagaraj for allegedly diverting Rs 89 crore in state government funds intended for Scheduled Tribes.

RBI likely to maintain repo rate at 5.25% through FY27, says India Ratings

RBI likely to maintain repo rate at 5.25% through FY27, says India Ratings

Rediff.com20 May 2026

India Ratings and Research predicts the Reserve Bank of India (RBI) will maintain the repo rate at 5.25 per cent throughout FY27, despite potential inflationary pressures from higher fuel prices, with inflation expected to remain within the central bank's tolerance band.

Why Indian Banks Are Boosting IT Security Investments

Why Indian Banks Are Boosting IT Security Investments

Rediff.com3 May 2026

Public sector banks in India are increasing their IT spending to bolster cybersecurity measures in response to concerns about Anthropic's Claude Mythos AI tool and its potential to exploit vulnerabilities in financial systems.

Satheesan, Suvendu, Vijay Will Struggle To Fund Poll Promises

Satheesan, Suvendu, Vijay Will Struggle To Fund Poll Promises

Rediff.com23 May 2026

Kerala, Tamil Nadu and West Bengal have been fiscally stressed for a considerable period of time, and there are no easy ways to mobilise revenues to meet the cost of the promised freebies, particularly in the prevailing difficult economic scenario, points out M Govinda Rao.

NEET-UG re-test impact: Aspirants battle anxiety, loss of trust in system

NEET-UG re-test impact: Aspirants battle anxiety, loss of trust in system

Rediff.com11 Jun 2026

The cancellation of the NEET-UG medical entrance examination has left aspirants emotionally drained, struggling with disrupted routines, loss of confidence, and a growing distrust in the examination system, forcing them back into an intense preparation cycle.

AI deals rising, but IT sector earnings lag

AI deals rising, but IT sector earnings lag

Rediff.com26 May 2026

Indian IT stocks have seen a significant decline of up to 33 per cent year-to-date in 2026, largely due to artificial intelligence (AI) disrupting traditional outsourcing models, leading analysts to predict a challenging FY27 for the sector despite some cushion from rupee depreciation.

Delhi govt mandates WFH, Metro rides for ministers, officials to save fuel

Delhi govt mandates WFH, Metro rides for ministers, officials to save fuel

Rediff.com14 May 2026

The Delhi government has announced a series of measures to conserve fuel, including work from home for government offices, increased use of public transport, and reduced fuel quotas for officers.

One In Three Indian Women Overweight

One In Three Indian Women Overweight

Rediff.com9 Jun 2026

Over the past year, the sale of injectable GLP-1 agonists (used to treat type 2 diabetes and obesity) such as Mounjaro, Wegovy and Ozempic have surged a whopping 218 per cent.

India fuel retailers face credit strain as high oil prices persist, says Fitch

India fuel retailers face credit strain as high oil prices persist, says Fitch

Rediff.com5 May 2026

Fitch Ratings has warned that India's oil marketing companies (OMCs) could face significant credit pressure if crude oil prices remain elevated, leading to eroded earnings and increased working capital needs due to delayed fuel price pass-through.

Congress Slams Kerala Government for Ads Attacking Oommen Chandy Administration

Congress Slams Kerala Government for Ads Attacking Oommen Chandy Administration

Rediff.com5 Mar 2026

The Congress party in Kerala has strongly criticised the state government's Public Relations Department (PRD) for publishing advertisements in major newspapers that highlight alleged shortcomings of the previous Oommen Chandy administration, accusing the government of misusing public funds for political gain ahead of upcoming elections.

Govt Eyes Steps To Contain CAD

Govt Eyes Steps To Contain CAD

Rediff.com22 May 2026

'The situation globally is quite challenging, but we have the confidence and courage of conviction that we will come out winners even in this challenging time.'

Modi's Austerity Push Faces Reality Test

Modi's Austerity Push Faces Reality Test

Rediff.com25 May 2026

Following through announcements with enforcement of measures is key, as a run through recent Indian economic history shows, points out A K Bhattacharya.

Purav Raja Demands Accountability In Indian Tennis Administration

Purav Raja Demands Accountability In Indian Tennis Administration

Rediff.com28 May 2026

Former India doubles player Purav Raja has called for a complete clean-up of Indian tennis administration, emphasising the need for accountability and transparency at all levels. He also questioned the eligibility of some office-bearers in the 2024 elections.

Centre notifies draft rules for VB-G RAM G rollout

Centre notifies draft rules for VB-G RAM G rollout

Rediff.com23 May 2026

The Centre has notified draft rules for the Viksit Bharat - Guarantee for Rozgar and Ajeevika Mission (Gramin) Act, 2025, outlining the framework for the new rural employment programme replacing MGNREGA. The draft rules are open for public feedback until June 21, 2026.

BJP Leader Alleges West Bengal Government Depriving Citizens of Central Welfare Benefits

BJP Leader Alleges West Bengal Government Depriving Citizens of Central Welfare Benefits

Rediff.com7 Mar 2026

Senior BJP leader Suvendu Adhikari has accused the West Bengal government of deliberately withholding central allocations for social welfare projects, including Ayushman Bharat and PM Awas Yojana, impacting millions of citizens. He also criticised the state's handling of farmer support and public distribution systems.

Karnataka Government Considers Sustainable Data Centre Policy to Address Environmental Impact

Karnataka Government Considers Sustainable Data Centre Policy to Address Environmental Impact

Rediff.com11 Mar 2026

The Karnataka government is reviewing its data centre policy to prioritise sustainability due to concerns about the significant water and energy consumption of data centres. The government is exploring coastal locations like Mangaluru for future data centre development and focusing on smaller-scale data centres.

Andrew Holland: 'I'd Lean Towards 60-70% in Largecaps'

Andrew Holland: 'I'd Lean Towards 60-70% in Largecaps'

Rediff.com28 Apr 2026

'... with the rest split between mid and smallcaps, as valuations are becoming more attractive across segments.'

IPL 2026: After Stampede, RCB spend Rs 7 Cr for fan safety

IPL 2026: After Stampede, RCB spend Rs 7 Cr for fan safety

Rediff.com24 Mar 2026

Royal Challengers Bengaluru has invested significantly in upgrading crowd management and security at the M Chinnaswamy Stadium following a tragic stampede last year. The enhancements include AI-led CCTV, reworked entry points, and revised agreements with the KSCA.

'INDIA Alliance Is Dead'

'INDIA Alliance Is Dead'

Rediff.com28 May 2026

'Congress needs a positive agenda rather than primarily picking up on two business houses.'

'Oil Is Not The Problem. The Bigger Problem Is Gold'

'Oil Is Not The Problem. The Bigger Problem Is Gold'

Rediff.com18 May 2026

'Every year we import approximately $70 billion worth of gold -- closer to $72 billion in 2025-2026, an all-time record.' 'There is no parallel for this anywhere in the world. And this love for gold will not disappear overnight.'

How Mamata Banerjee Fared In Her 15 Year Rule

How Mamata Banerjee Fared In Her 15 Year Rule

Rediff.com4 May 2026

Under the TMC, Bengal has seen expansion of welfare, but not big-ticket private investment.

Can Srini Pallia Revive Wipro?

Can Srini Pallia Revive Wipro?

Rediff.com2 Jun 2026

'Wipro's challenge is not lack of ideas. In fact, some of its recent structural moves are arguably bolder than peers.' 'The problem is proving it can operationalise these bets faster and more consistently.'

RBI Governor Signals Action If Iran War Leads To Entrenched Inflation

RBI Governor Signals Action If Iran War Leads To Entrenched Inflation

Rediff.com14 May 2026

'If the war continue for a longer period of time, it is just a matter of time before the government will pass on some of the price increases.'

Trump 'seriously considering' strikes against Iran if...: Report

Trump 'seriously considering' strikes against Iran if...: Report

Rediff.com23 May 2026

US President Donald Trump is reportedly considering launching fresh strikes against Iran if ongoing negotiations fail to produce a peace deal, according to US media outlet Axios. This development comes as diplomatic efforts continue, with Pakistan and Qatar attempting to broker an agreement.

No vehicle days, convoy cut, public transport, WFH: Andhra's fuel saving plan

No vehicle days, convoy cut, public transport, WFH: Andhra's fuel saving plan

Rediff.com14 May 2026

The Andhra Pradesh cabinet has recommended a series of measures, including 'No Vehicle Day,' online classes, and reduced foreign tours, to mitigate the economic impact of the Gulf war.

Don't keep saying 'by the inspiration of CM': Suvendu to officials

Don't keep saying 'by the inspiration of CM': Suvendu to officials

Rediff.com11 May 2026

West Bengal Chief Minister Shuvendu Adhikari has directed senior officials to ensure transparency, accountability, and strict adherence to rules in governance. He emphasised the importance of honest opinions and actions for the state's development, urging officials to restart stalled centrally sponsored schemes and implement promises from the BJP's election manifesto.

Satheesan's use of caste surname during swearing-in sparks row

Satheesan's use of caste surname during swearing-in sparks row

Rediff.com19 May 2026

Kerala Chief Minister V D Satheesan faces criticism for using his caste surname 'Menon' during his swearing-in ceremony, igniting a debate on caste identity and political messaging.

OpenAI, Anthropic Threat For India's IT Majors

OpenAI, Anthropic Threat For India's IT Majors

Rediff.com18 May 2026

OpenAI and Anthropic are not simply enabling new software capabilities, they are moving directly into enterprise execution, workflow ownership, and decision orchestration.

BPCL earmarks Rs 25,000 crore capex for FY27, finds 'respite' in fuel price hike

BPCL earmarks Rs 25,000 crore capex for FY27, finds 'respite' in fuel price hike

Rediff.com20 May 2026

State-run Bharat Petroleum Corporation Ltd (BPCL) plans a significant capital expenditure of 25,000 crore for the financial year 2026-27, primarily for ongoing expansion projects. The company also stated that the recent 4-per-litre price hike in petrol and diesel has provided some financial relief amidst volatile crude oil prices and mounting losses.

The Ladakh Cheese That Won The World!

The Ladakh Cheese That Won The World!

Rediff.com3 Jun 2026

The amazing story of how a little known cheese from Ladakh stunned the world!

Nasscom To Focus On AI Integration And Revenue Growth

Nasscom To Focus On AI Integration And Revenue Growth

Rediff.com23 Apr 2026

Nasscom's newly appointed Chairman, Srikanth Velamakanni, outlines key priorities including restoring revenue growth in IT firms and promoting the role of artificial intelligence and other technologies in companies.

Avoid destination weddings, prefer online classes: Modi continues austerity push

Avoid destination weddings, prefer online classes: Modi continues austerity push

Rediff.com11 May 2026

Prime Minister Narendra Modi has appealed to citizens to adopt austerity measures, including avoiding destination weddings abroad and reducing edible oil consumption, to mitigate the impact of the West Asia crisis on India's economy.

S&P: India to maintain robust 6.3% growth even with $130/barrel crude

S&P: India to maintain robust 6.3% growth even with $130/barrel crude

Rediff.com16 Apr 2026

S&P Global Ratings projects India's economy to grow at 6.3 per cent even if crude oil prices average USD 130 per barrel in the current fiscal year, highlighting the nation's resilience amidst the West Asia crisis and strong commitment to fiscal consolidation.

Premier League 2015-16 champions Leicester City relegated to third division

Premier League 2015-16 champions Leicester City relegated to third division

Rediff.com22 Apr 2026

Leicester City were relegated to the third tier of English soccer on Tuesday, a decade on from their astonishing run to the Premier League title, while Coventry City made sure they will go up to the top flight as champions.

Premier League 2015-16 champions Leicester City relegated to third division

Premier League 2015-16 champions Leicester City relegated to third division

Rediff.com22 Apr 2026

Leicester City were relegated to the third tier of English soccer on Tuesday, a decade on from their astonishing run to the Premier League title, while Coventry City made sure they will go up to the top flight as champions.

NEET aspirants lose faith in NTA after leak; seek AIIMS to conduct exam

NEET aspirants lose faith in NTA after leak; seek AIIMS to conduct exam

Rediff.com13 May 2026

The cancellation of NEET-UG 2026 due to alleged paper leaks has led to widespread outrage among aspirants, who are questioning the competence of the National Testing Agency (NTA) and demanding that AIIMS-Delhi conduct the medical entrance exam.

Moody's Slashes India's 2026 GDP Growth Forecast To 6%

Moody's Slashes India's 2026 GDP Growth Forecast To 6%

Rediff.com12 May 2026

Moody's Ratings has reduced India's GDP growth forecast for 2026 to 6 per cent, citing subdued private consumption, capital formation, and industrial activity due to higher energy costs and global uncertainties.