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NEW DELHI: Ahead of the March 31 deadline set for eliminating the Naxal footprint, the Union Ministry of Home Affairs had convened a high-level review meeting to assess the status of Left-Wing Extremism (LWE) across the country. What followed was a revised categorisation of LWE affected districts under the Security Related Expenditure (SRE) Scheme, which determines the allocation of Central funds and security resources, sources said. ...Read More >
JAMMU, Apr 3: Jammu and Kashmir's Gross State Domestic Product (GSDP) growth moderated to 11.18 per cent in 2024-25, down from 12.51 per cent in the previous financial year, though it has remained in the 11-12 per cent range over the past four fiscals, according to the Comptroller and Auditor General (CAG). Follow the Daily Excelsior channel on WhatsApp The CAG report on Union Territory Finances for the year 2024-25 was tabled in the legislative Assembly by the Chief Minister Omar Abdullah on ...Read More >
Jammu: Jammu and Kashmir's Gross State Domestic Product (GSDP) growth moderated to 11.18 percent in 2024-25, down from 12.51 percent in the previous financial year, though it has remained in the 11-12 percent range over the past four fiscals, according to the Comptroller and Auditor General (CAG). The CAG report on Union Territory Finances for the year 2024-25 was tabled in the legislative Assembly by the Chief Minister Omar Abdullah on Thursday, also showing that Jammu and Kashmir's share in I ...Read More >
Jammu, Apr 3 (PTI) Jammu and Kashmir's Gross State Domestic Product (GSDP) growth moderated to 11.18 per cent in 2024-25, down from 12.51 per cent in the previous financial year, though it has remained in the 11-12 per cent range over the past four fiscals, according to the Comptroller and Auditor General (CAG). The CAG report on Union Territory Finances for the year 2024-25 was tabled in the legislative Assembly by the Chief Minister Omar Abdullah on Thursday, also showing that Jammu and Kashm ...Read More >
New Delhi: All central government employees have been mandated to complete competency-linked courses relevant to their role or level on a dedicated online platform annually, which will reflect in their annual performance appraisal reports, the Rajya Sabha was informed on Thursday. The government has adopted a competency-based capacity building approach, focusing on role-based learning, continuous skill development, and alignment of training with role requirements, Union Minister of State for Pe ...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 >
Jammu, Mar 31 (PTI) Jammu and Kashmir Chief Minister Omar Abdullah on Tuesday said the government is regularly clearing its financial liabilities, including dues to contractors and retired employees, with over Rs 18,000 crore paid during financial year 2025-26. Replying to a question of BJP MLA Sham Lal Sharma in the Legislative Assembly, he said "the financial liabilities of the government in the shape of bills presented at treasuries are cleared on regular basis. Bills pertaining to contracto ...Read More >
Navi Mumbai, March 30: The Navi Mumbai Municipal Corporation (NMMC) on Monday presented its budget for the financial year 2026-27, with Standing Committee Chairman Ashok Patil tabling estimates of Rs 6,704.43 crore in receipts and Rs 6,689.43 crore in expenditure before the general body for approval. Financial estimates and balances The civic body has projected a closing balance of Rs 15 crore, with an opening balance of Rs 1,265.83 crore carried forward into the new financial year. Alongside ...Read More >
India's economic future depends on strong investment. The Confederation of Indian Industry (CII) proposes the Union Budget 2026-27 boost public spending and private sector investment. CII suggests tax credits and easier compliance for businesses. They also recommend attracting foreign capital through an NRI Investment Promotion Fund. Simpler borrowing rules and a single-window system for foreign investments are also key. India's next phase of economic growth will depend on steady and strong inv ...Read More >
New Delhi, Dec 14 (PTI) Industry lobby CII has proposed a comprehensive set of reforms for the forthcoming Union Budget 2026-27 to drive sustained investment growth spanning public, private, and foreign investments and maintain India's momentum as one of the world's fastest-growing major economies. The Confederation of Indian Industry (CII) suggested increasing central capital expenditure by 12 per cent and capex support to states by 10 per cent in FY27; launching a Rs 150 lakh crore National I ...Read More >
Budgam, Oct 22: General Observer Bhor Singh Yadav, Expenditure Observer Ravinder Kumar, and Police Observer Nachiketa Jha for the 27-Assembly constituency Budgam held a joint meeting here to review the preparedness for the upcoming Assembly by-elections 2025 to 27-AC Budgam of the district. The observers took an extensive appraisal of the Returning Officer for 27-AC Budgam and Assistant Returning Officers regarding arrangements made by them for the smooth conduct of the by-elections. They held ...Read More >
The Election Commission said on Wednesday that since polls were announced on October 6, a total seizure of Rs 33.97 crore worth of cash, liquor, drugs and freebies has been made by different enforcement agencies. Enforcement agencies have seized cash, drugs, liquor and freebies worth Rs 33.97 crore from poll-bound Bihar as part of efforts to prevent inducement of voters by political parties. The state goes to polls in two phases on November 6 and 11. Votes will be counted on November 14. The ...Read More >
The Election Commission of India has announced the schedule for the Jubilee Hills Assembly Constituency bye-election. Nominations close on October 21. Polling will be held on November 11, with vote counting on November 14. Strict adherence to the Model Code of Conduct is mandated. Enforcement teams are actively monitoring for violations. The Election Commission of India on Sunday officially announced the schedule for the bye-election to the 61-Jubilee Hills Assembly Constituency in Hyderabad Di ...Read More >
Gyanesh Kumar will visit Bihar along with Election Commissioners Sukhbir Singh Sandhu and Vivek Joshi Chief Election Commissioner (CEC) Gyanesh Kumar, along with two poll panel commissioners, is expected to visit Patna on October 4 and 5, according to reports. A briefing meeting of central observers which includes general, police and expenditure, appointed by the Election Commission (EC) for Bihar elections is scheduled to be held at IIIDEM Dwarka in New Delhi on Friday. The poll dates are exp ...Read More >
India's Fiscal Landscape: Balancing Expenditure with Revenue Growth India's financial performance reveals a complex interplay between government spending and revenue collection. Recent data indicates a shift in the sources of government income, alongside increased investment in crucial infrastructure projects. Net tax receipts for the current period totaled ₹8.1 trillion, a decrease from ₹8.7 trillion during the same timeframe last year. However, this dip was partially offset by a si ...Read More >
The Election Commission of India (ECI) is deploying 470 Central Observers across Bihar and various states for upcoming elections. These observers, comprising General, Police, and Expenditure experts, aim to ensure fair and transparent electoral processes. Their roles are crucial in upholding democratic integrity and enhancing voter participation. The Election Commission of India (ECI) has embarked on a significant deployment of Central Observers to oversee the conduct of elections in Bihar and ...Read More >
NEW DELHI: EC on Thursday revised the rules relating to counting of postal ballots, making it mandatory for all postal ballot papers to be counted before the penultimate round of EVM/VVPATs counting is taken up.The new practice will be first implemented in Bihar where assembly polls are due in Nov.This restores the arrangement prior to May 2019, when EC had changed the guidelines to allow EVM counting to proceed regardless of postal ballot counting stage. The 2019 change did not rule out chances ...Read More >
SRINAGAR: Chief Secretary, Atal Dulloo, on Thursday chaired a high-level meeting to review the performance of departments with regard to utilization of the annual budget and revenue realization in J&K. The meeting was attended by Principal Secretary, Finance Department, Santosh D. Vaidya; Administrative Secretaries of all departments; Director General, Resources; Director General, Accounts & Treasuries; Director General, Budget, besides other senior officers. During the review, the Chief Secret ...Read More >
New Delhi [India], September 23: Ameenji Rubber Limited launches ₹30 crore IPO, which will open on September 26, 2025, and close on September 30, 2025. The face value is ₹10 per equity share, with a price band of ₹95 to ₹100 per share. The issue size is 30,00,000 equity shares, aggregating up to ₹30 crore at the upper price band, and the minimum application lot is 1,200 shares. IPO Details Ameenji Rubber Limited, engaged in the manufacturing, supply, and export of rubber solutions for Railways ...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: The government's plan to simplify the Goods and Services Tax (GST) structure, replacing the existing four-slab GST system with a simpler two-slab structure, is set to bring considerable relief to the consumers, with lower tax rates expected to make a wide range of goods more affordable, according to a new report. This move will directly benefit 11.4 per cent of India's Private Final Consumption Expenditure (PFCE), with taxable consumption estimated at Rs 150-160 lakh crore, Bank of B ...Read More >
Amaravathi (Andhra Pradesh) [India], July 19 (ANI): A Telugu Desam Parliamentary Party meeting was held at the Chief Minister's Camp Office under the leadership of Chief Minister Chandrababu Naidu, in which it was emphasised that the party will focus on issues concerning Andhra Pradesh in the upcoming Parliament session. Andhra Minister Nara Lokesh and several MPs attended the meeting. Also Read | Ganeshotsav Declared 'Rajya Mahotsav': Maharashtra Government Elevates Century-Old Festival to St ...Read More >
KATHUA, July 18: District Development Council Kathua in its meeting held today, approved Rs 7452.53 lakh District Capital Expenditure Budget for the financial year 2025-26. The approved budget includes Rs 913.62 lakh for ongoing works and Rs 6538.91 lakh for new development proposals. The Capex plan aims to strengthen infrastructure, improve service delivery and push forward district-wide growth through focused investments across key sectors. Deputy Commissioner Dr Rakesh Minhas, while address ...Read More >
New Delhi, Jul 10 (PTI) State governments should provide adequate financial resources to Science & Technology (S&T) Councils, and slightly restructure their governing bodies to drive innovation and technology-led growth, NITI Aayog said on Thursday. In a report titled 'A Roadmap for Strengthening State S&T Council', the Aayog said that these councils must explore wider funding opportunities available with different departments of the central government for activities related to the overall mand ...Read More >
Jaisalmer (Rajasthan) [India], June 7 (ANI): Following the completion of one month of Operation Sindoor, people living near the Indo-Pak border in Rajasthan expressed happiness. A resident in Barmer said that there was too much enthusiasm among the people during Operation Sindoor, and nobody living near the border vacated their village. A resident, Raghuvir Singh, said, "My village is just 2 km away from the Indo-Pak border. We have seen Operation Sindoor very closely. Nobody living near the bo ...Read More >
Mumbai: In a resounding shift, the ministry of finance eased a long-standing bottleneck in procurement rules that once tethered researchers to the govt e-Marketplace (GeM), now allowing them to source scientific equipment and consumables from outside it. The revision in monetary ceilings and procurement channels, officials say, required the direct intervention of Prime Minister Narendra Modi.For the scientific community, this isn't just administrative reform -- it's an acknowledgment and a huge ...Read More >
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