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*Transparent, accountable utilization of resources stressed Mohinder Verma JAMMU, Apr 4: Further exposing financial indiscipline in the Union Territory, the Comptroller and Auditor General (CAG) of India has revealed a massive year-end spending spree by the Government of Jammu and Kashmir, with nearly half of the total annual expenditure incurred in the last quarter of 2024-25. Follow the Daily Excelsior channel on WhatsApp The Rule 62(3) of the General Financial Rules (GFR) provides that ru ...Read More >
Bhubaneswar: The Comptroller and Auditor General (CAG) has criticised the Odisha government for serious lapses in revenue realisation and financial management, leading to non-remittance of over Rs 5,000 crore. According to its latest State Finances Audit Report for 2024-25, which was tabled in the Odisha Legislative Assembly, 27 profit-making State PSUs failed to remit dividends totalling Rs 5,146.76 crore, in clear violation of the state's dividend policy. The Finance Department did not even r ...Read More >
Accountant general (audit) releasing the CAG reports in Bhubaneswar on Tuesday. The Comptroller and Auditor General (CAG) of India has pulled up the Odisha government for inefficiency in revenue realisation from state public sector undertakings (SPSUs), leading to non-remittance of over Rs 5,000 crore. As per the latest CAG report on state finances for 2024-25, tabled in the Assembly on Tuesday, as many as 27 SPSUs failed to remit Rs 5,146.76 crore in dividends despite reporting profits, in vi ...Read More >
Bhubaneswar, March 31 (SocialNews.XYZ) The Comptroller and Auditor General of India (CAG) said on Tuesday that Odisha posted moderate growth in 2024-25 compared to the previous financial year, while cautioning against fiscal stress risks arising from the under-realisation of revenue receipts, low own-tax mobilisation, poor dividend collection, long-outstanding loans, and concentrated short- to medium-term repayment obligations. The State Finances Audit Report of the Odisha government for 2024-2 ...Read More >
Bhubaneswar: Odisha's economy grew at a moderate rate of 11.40 per cent in 2024-25 compared to previous year, with Gross State Domestic Product (GSDP) rising to ₹8.90 lakh crore from ₹5.40 lakh crore in 2020-21, reflecting a compound annual growth rate of 13.30 per cent, according to the Comptroller and Auditor General's (CAG) State Finances Audit Report (Report No. 3 of 2026). Despite the steady economic expansion, the report cautioned that structural weaknesses in revenue mobilisation, expend ...Read More >
Despite her strict budget, she also sets aside some money for personal expenses. ShowQuick Read Summary is AI-generated, newsroom-reviewed * Amy Arora manages Bengaluru expenses on a monthly budget of Rs 18,000 * Her biggest cost is Rs 7,200 for paying guest accommodation rent * She spends Rs 3,600 monthly on food via a mess service to save costs Did our AI summary help? Let us know. Switch To Beeps Mode Living in Bengaluru is often seen as expensive, especially for young professionals ...Read More >
New Delhi, Dec 17 (SocialNews.XYZ) Finance Minister Nirmala Sitharaman on Wednesday said that reducing the country's debt-to-GDP ratio will be the "core focus" for the government in the next financial year (2026-27). Speaking at a media event here, Sitharaman stressed that it is crucial to bring down the debt-to-GDP ratio, which crossed 60 per cent during the Covid period. "It is already coming down, but we need to reduce it further, and this will be a core focus in the next financial year," t ...Read More >
Mumbai: Traditionally, banks were barred from lending for buying gold or silver or offering loans secured by primary gold or silver. But under new guidelines, a carve‑out allows scheduled commercial banks (SCBs) to extend working capital loans to jewellers and businesses that use gold as raw material. This change means that manufacturers who rely on gold inputs -- beyond jewelry makers -- can now access credit backed by gold. More Flexibility in Interest Spreads and Rate Resets Previously, ban ...Read More >
New Delhi, Sep 29 (PTI) Homegrown Premier Energies on Monday announced securing multiple solar contract worth USD 19.95 million (around Rs 177 crore) Republic of Benin, West Africa. These projects are part of a national initiative by the Government of Benin to expand access to reliable, sustainable clean energy, Premier Energies said in a statement. Implementation will be carried out by Premier Energies in collaboration with the General Directorate of Energy Planning and Rural Electrification, ...Read More >
PNN Bengaluru (Karnataka) [India], September 29: In the world of accounting and finance, Miles Education has redefined how aspirants conquer the CMA Full Form--Certified Management Accountant credential. For thousands of candidates, the journey begins not with textbooks or classrooms, but with clarity about CMA Eligibility. After all, before dreaming of six-figure salaries or boardroom seats, you must first ensure you're eligible to even sit for the exam. Understanding CMA Course Eligibility ...Read More >
PNNBangalore (Karnataka) [India], September 27: India's most ambitious finance talent chooses Miles Education for one reason: outcomes. If you're aiming for the world's premier management accounting credential, start with clarity: Certified Management Accountant is the full form of CMA, issued by IMA (USA) and trusted by employers across industries. With 70,000+ alumni, university partnerships, and deep employer collaborations, Miles converts aspiration into offers-and your application is the fi ...Read More >
PNNBengaluru (Karnataka) [India], September 27: If you are dreaming of a future where you lead in finance, the CMA certification is your passport to a globally recognized, future-proof career in management accounting. At Miles Education, we've empowered more than 70,000 students to step into high-impact finance roles across the world. To put it simply, the CMA Full Form is Certified Management Accountant, and the CMA course full form signals more than just a degree-it represents a powerful edge ...Read More >
Tirupati (Andhra Pradesh) [India], September 15 (ANI): Lok Sabha Speaker Om Birla on Monday said that the Tirupati Resolution will strengthen women empowerment, with unity and determination, which will lead India towards social and economic transformation and inclusive development. He expressed his view in the valedictory session of the first National Conference of the Committees on Empowerment of Women of Parliament and State/UT Legislatures held in Tirupati. The two-day conference, which bega ...Read More >
Tirupati (Andhra Pradesh) [India], September 15 (ANI): Lok Sabha Speaker Om Birla on Monday said that the Tirupati Resolution will strengthen women's empowerment, with unity and determination, which will lead India towards social and economic transformation and inclusive development. He expressed his view in the valedictory session of the first National Conference of the Committees on Empowerment of Women of Parliament and State/UT Legislatures held in Tirupati. The two-day conference, which be ...Read More >
New Delhi, Sep 1 (PTI) TCA Kalyani has assumed charge as the Controller General of Accounts (CGA) in the Department of Expenditure, the finance ministry said on Monday. A 1991-batch officer of the Indian Civil Accounts Service (ICAS), Kalyani is the 29th officer to hold this prestigious position. Before assuming charge as CGA, Kalyani served as the Principal Chief Controller of Accounts (Pr CCA), Ministry of Home Affairs, where she oversaw the budgeting and accounting of one of the largest Min ...Read More >
New Delhi: Defence minister Rajnath Singh said on Monday that peace time is nothing but an "illusion", and that India must remain prepared for uncertainty even during periods of relative calm. Mr Singh said the valour displayed during Operation Sindoor and the demonstration of domestic equipment had further increased the global demand for the country's indigenous products. "The world is looking at our defence sector with new respect. A single delay or error in financial processes can directly ...Read More >
New Delhi, Jul 7 (PTI) Peace time is nothing but an "illusion", and India must remain prepared for uncertainty even during periods of relative calm, Defence Minister Rajnath Singh said while hailing the armed forces for the valour they displayed during Operation Sindoor. In an address at an event, Singh said the performance of the indigenously built equipment and platforms in the operation increased the global demand for India-built military products. "The world is looking at our defence secto ...Read More >
Srinagar, Jun 7 (PTI) Authorities on Saturday barred Eid prayers from taking place at the Eidgah ground and the Jama Masjid in the old city here, while Hurriyat Conference chairman Mirwaiz Umar Farooq claimed that he was put under house arrest. "Anjuman Auqaf Jama Masjid Srinagar deeply regrets to inform that the authorities have once again disallowed Eid-ul-Adha prayers at the Eidgah as well as at the historic Jama Masjid in Srinagar by closing the gates of the mosque and deploying police pers ...Read More >
New Delhi, June 7 (SocialNews.XYZ) In a major step towards the ease of doing research, the General Finance Rules (GFR) have been simplified for procurement of scientific equipment and consumables, said Jitendra Singh, Union Minister of State (Independent Charge) for Science and Technology on Saturday. GFRs are the governing financial regulations for the government, outlining procedures for managing public finances. Applicable to Central government ministries, departments, for autonomous bodies ...Read More >
New Delhi [India], December 2: Repaying an Education Loan requires careful planning to avoid financial stress later on. Many students today take out loans to fund their higher studies, both in India and abroad, thanks to attractive interest rates and easy application processes. However, managing repayment is key to staying on top of your finances. In this guide, we'll explore effective ways to plan and manage your Education Loan repayment. Here's how you can manage your education loan repayment ...Read More >
Managing loan repayment properly can really make a difference in your financial health. With so many choices available, it is essential to choose the right one that will meet your financial goals and circumstances. Let's understand the different kinds of loan repayment strategies, their advantages and disadvantages, and help you make better choices. Whether a novice or seasoned borrower, learning these tactics will expedite the payoff process and ensure financial stability. 1. Fixed-rate loans ...Read More >
Managing your personal finances effectively is key to achieving financial stability and growth. In Africa, with its unique and diverse economic landscape, it's even more important to have a good grasp of personal finance skills. This article provides practical tips on navigating finances in Africa, focusing on saving, investing, budgeting, and understanding local financial systems. The first step to adulting like a pro is making a budget - and sticking to it! Track your income and expenses over ...Read More >
These freelance professional pathways will earn you the big bucks. Some of the highest paying freelance jobs in India offer not just a lucrative career path, but also flexibility, independence, and high earning potential. With businesses increasingly seeking specialised expertise, freelance professionals across various domains are in demand. From digital marketing and financial consulting to software development and social media management, these roles provide opportunities to earn competitive ...Read More >
Stay updated with the latest None news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on None topics.