October 14, 2026
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India’s fiscal deficit for the April–February period stood at 12.5 trillion rupees ($132 billion), accounting for 80.4% of the government’s full-year target for the financial year ending March 31, according to official data released on Monday. The figures highlight the government’s continued spending momentum during the current fiscal cycle. Net tax receipts during the Continue Reading
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Prime Minister Narendra Modi is scheduled to meet leading economists and sectoral experts today as part of the government’s final-stage preparations for Union Budget 2026. The consultation, set for 11 am, is aimed at gathering expert inputs before key economic decisions are finalised for the next financial year, according to senior government officials. Finance Minister Continue Reading
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India has introduced legislation to overhaul its flagship rural employment programme by increasing guaranteed workdays from 100 to 125 per household annually, while proposing to remove Mahatma Gandhi’s name from the scheme. The government has allocated 860 billion rupees ($9.5 billion) for the programme in the current fiscal year ending March 2026, saying the reforms […]Continue Reading
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At the 12th SBI Banking and Economics Conclave, Union Finance Minister Nirmala Sitharaman presented a comprehensive vision for Atmanirbhar Bharat, clarifying that self-reliance is not about isolation but resilient interdependence. She stressed that India will continue to strengthen domestic capabilities while remaining deeply connected to global value chains. Despite Continue Reading

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