Election-related freebies and populist measures are other factors crimping the revenue profile of these states.
'There's been a sense of FOMO, fear mongering and that has led to token consumption without linkages to ROI and without linkages to outcomes.'
Pakistan has increased its defence budget by 17.6 per cent to PKRs 3,000 billion for the upcoming fiscal year, as announced by Finance Minister Muhammad Aurangzeb. The federal budget, estimated at PKRs 18,771 billion, targets 4 per cent GDP growth, with significant allocations for debt service and pensions. Prime Minister Shehbaz Sharif highlighted economic stability and ongoing discussions with the IMF, while the opposition protested Imran Khan's incarceration during the budget session.
Travel is now the dominant spending category for India's affluent consumers, who are prioritising experiences and luxury goods over retail buying, according to a new report.
Overseas travel spending by Indians, including holiday trips, decreased by $212.43 million to $1.09 billion in March compared to February, according to the Reserve Bank of India's latest data.
rediffGURU Anu Krishna, mind coach, relationship coach and co-founder of Unfear Changemakers, urges couples to openly discuss how to manage money in a relationship.
Sonam Kapoor ends her birthday month with a beautiful series of pictures of her 'life lately'.
Zoho Corporation Founder Sridhar Vembu has echoed IBM CEO Arvind Krishna's concerns about a potential "bubble" in the multi-trillion dollar AI data centre build-out. Vembu stated that Zoho will adopt a measured approach, investing in AI capabilities like data curation and compiler infrastructure, but will not chase the current investment spree, contrasting with other global tech giants' massive spending.
It's absolutely okay for two partners in a relationship to be widely different in their likes and dislikes, says rediffGURU Anu Krishna.
Tata Motors is set to acquire Italy's Iveco Group, a strategic move aimed at propelling the Indian automaker into the top four global commercial vehicle (CV) manufacturers, with projected annual revenues of $35 billion-$40 billion within five years.
India's banking system liquidity has fallen into a deficit for the first time in nearly three months, prompting the Reserve Bank of India (RBI) to inject 1.41 trillion through a seven-day variable rate repo (VRR) auction to ease the temporary tightness.
Rising income feels like success but unchecked lifestyle inflation traps urban professionals into financing a more expensive version of living paycheck-to-paycheck -- buying material upgrades instead of true future financial freedom.
Accenture's revised annual revenue growth forecast and weaker-than-expected fourth-quarter guidance have sent shockwaves through the Indian IT sector, causing major IT stocks and the Nifty IT index to tumble significantly.
When his marriage ended six years ago, Vishal Gokani worried about how his daughters would explain their family situation to friends. On Father's Day, the divorced father talks about co-parenting and how it has strengthened their bond.
A simple SIP-first approach can help reduce debt, avoid EMIs and build lasting financial freedom through disciplined spending, advises Ramalingam Kalirajan
For Valerian Vincent, who works a night shift for a US-based company, fatherhood means squeezing playtime, learning and love into the few precious hours he gets with his one-and-a-half-year-old son.
A 94-year-old woman, K Mahalakshmamma, who lived in the United States for over two decades, has renounced her American citizenship to return to her native village in Andhra Pradesh and die as an Indian citizen. She underwent an oath-taking ceremony before the Bapatla District Collector, and her application for Indian citizenship restoration has been forwarded to the Ministry of Home Affairs.
Explore Bollywood's fascination with wild, untamed settings, from the comedic antics of Welcome To The Jungle to the intense dramas and romances set amidst lush forests, showcasing how these natural backdrops shape diverse cinematic narratives.
Lending is no longer just about what you've done. It is about how you manage money over time, says Mohit Jain, Co-founder, Finfinity.
Companies listed on the National Stock Exchange (NSE) main board increased their Corporate Social Responsibility (CSR) expenditure by 23 per cent year-on-year to Rs 22,212 crore in 2024-25 (FY25), driven by a significant jump in average net profits, according to a PRIME Database Group report.
Netherlands striker Cody Gakpo and his partner experienced the tragic loss of their unborn son. The national team, including coach Ronald Koeman and captain Virgil van Dijk, has offered immense support, allowing Gakpo time off with his family during the World Cup. Despite the personal tragedy, Gakpo is expected to play in the upcoming match against Morocco, showing remarkable fortitude.
The Indian government has amended the Foreign Contribution Regulation Act (FCRA) rules, introducing stricter regulations for NGOs receiving foreign funds. Key changes include mandatory selection of predefined purposes and areas of operation, restrictions on foreign nationals as key functionaries, and explicit exclusion of proselytisation from certain faith-based activities. The amendments also introduce minimum spending limits, enhanced financial accountability, and increased transparency requirements, including social media disclosure and ultimate donor identification.
As Mumbai grapples with rising temperatures and humidity, many slum dwellers are spending their nights on Versova beach to escape the unbearable heat in their poorly ventilated homes, with the India Meteorological Department (IMD) forecasting a gradual rise in temperatures before a decline, and a yellow alert for isolated rainfall.
Outward remittances under the Reserve Bank of India's Liberalised Remittance Scheme (LRS) saw a 7.85 per cent year-on-year contraction in April 2026, primarily driven by reduced international travel spending due to global uncertainty stemming from the US-Iran conflict.
US Ambassador to India Sergio Gor revealed that President Donald Trump views Prime Minister Narendra Modi as 'a friend' and is deeply committed to enhancing cooperation with New Delhi, highlighting their personal equation as a crucial factor in advancing bilateral ties.
'Producers were ready to pay me obscene amounts of money because after Rangeela, they thought if they took A R Rahman and Ahmed Khan, the film would be a hit.' 'There were no imported cars then, no mobile phones or online shopping, no house to run or any big kharcha. I was rocking!'
Sometimes, what looks like overwhelming love is actually overwhelming anxiety, warns Tanvi Singh, co-founder and director, Leap of Love Foundation.
The remarkable rise of smallcaps reflects the emergence of a broad set of specialised businesses operating in industries where the sectoral tailwinds remain considerably stronger than macroeconomic headwinds, points out Debashis Basu.
Paraguay achieved a stunning upset by eliminating four-time World champions Germany from the World Cup in a penalty shootout. After a 1-1 draw in their Round of 32 match, Paraguay secured a 4-3 victory in the shootout, with Jose Canale scoring the decisive kick.
If something matters, schedule it, block it, put a placeholder in your calendar, says Sonica Aron, founder and managing director of Marching Sheep.
Want a sharper jawline? A plastic surgeon explains who should consider jaw augmentation, how the procedure works, its risks, benefits and long-term results.
Private hospitals accounted for 30.8 per cent of current health expenditure in FY23, while pharmaceuticals and medical goods contributed more than 21 per cent, underlining continued dependence on private healthcare and medicine spending.
'When my results were out on May 13, I got 95.2 per cent in aggregate. My family members were satisfied with the marks, but I was not," says Ranchi's Avni Kejriwal who, after re-evaluation, scored a perfect 100 per cent in her CBSE class 12 commerce examination.
Indian-origin golfers Aaron Rai and Akshay Bhatia have made an encouraging start at the Travelers Championship, a PGA Tour Signature Event. Rai fired a flawless five-under 65 to share eighth place, while Bhatia posted a four-under 66, placing him in a tie for 14th. Sahith Theegala, however, struggled with a four-over 74. Eric Cole leads the tournament with a seven-under 63.
The National Commission for Women (NCW) rejected apologies from stand-up comedians Pranit More, Madhur Virli, and audience member Himanshu Jangra regarding alleged objectionable and misogynistic content against women. The commission emphasised that freedom of speech does not justify normalising the violation of women's bodily autonomy or trivialising heinous crimes. The controversy stemmed from a viral video where Jangra's 'Rs 370 biryani' remark, implying expected intimacy for a date, drew widespread backlash.
'We ourselves hadn't heard it initially. Many people called us. The entire village was overjoyed.'
Queen Maxima of the Netherlands, the UN Secretary-General's Special Advocate for Financial Health, visited Mumbai to understand India's digital public infrastructure, including UPI and AI, in improving financial health for salaried individuals. She interacted with healthcare professionals and SalarySe leaders, praising India's advancements in financial inclusion and technology's role in empowering individuals.
Researchers have identified a new process, 'chronoferroptosis', where excess iron in neurons reduces their resilience to stress, increasing vulnerability to neurodegenerative diseases. This discovery highlights iron accumulation as a critical target for predicting, preventing, and treating conditions like Alzheimer's.
American tennis great Serena Williams has been granted a wildcard to play singles at this year's Wimbledon, marking her highly anticipated return to the tournament after a four-year absence.
Former football player Zlatan Ibrahimovic has lauded Lionel Messi for breaking the all-time FIFA World Cup goal record, stating that the Argentinian ace is in a 'category of his own', surpassing even legends like Pele, Diego Maradona, and Johan Cruyff due to his numbers, longevity, and trophies.
