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Hilly, border states seek wider fiscal room from Finance Commission as disaster support

New Delhi, Sept. 7 -- Increasingly faced with natural disasters, India's hilly states as well as the border states have urged the 16th Finance Commission to provide extra fiscal room, arguing that reh... Read More


GST overhaul: Opposition-ruled states urge Centre to set up GoM to assess revenue loss

New Delhi, Sept. 4 -- Eight opposition-ruled states have urged the Centre to set up a group of ministers (GoM) to assess revenue losses arising from the goods and services (GST) slab rationalization a... Read More


Govt plans factory clusters, big reforms to boost economy amid US tariff jolt

New Delhi, Aug. 20 -- The government is weighing new measures to boost manufacturing while exploring alternative markets to offset the impact of US tariffs and make Indian products more competitive gl... Read More


Centre considering climate-friendly sectors as it looks to broaden capex in FY27

New Delhi, July 30 -- The Union government is considering expanding the scope of its capital expenditure (capex) in FY27 beyond traditional infrastructure to include emerging, climate-friendly sectors... Read More


IDBI Bank to be first off disinvestment block, followed by stake sales in other PSUs in Q4

New Delhi, July 23 -- The government is likely to defer its broader disinvestment plans to the fourth quarter of FY26 as it focuses on completing the strategic sale of IDBI Bank by the end of the thir... Read More


Centre may restrict fiscal deficit to 4.2%-4.3% of GDP, better than FY26 target

New Delhi, June 15 -- The Centre is likely to narrow its fiscal deficit to 4.2-4.3% of gross domestic product (GDP) in 2025-26, better than its target of 4.4%, driven by higher-than-anticipated divide... Read More