Stay updated with the latest fiscal-year news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on fiscal-year topics.
New Delhi, April 4: Union Railway Minister Ashwini Vaishnaw said on Saturday that the Indian Railways recorded a year of strong all-round performance in FY 2025-26, achieving record freight loading while advancing passenger services, infrastructure, safety systems and digital initiatives, with freight transportation reaching a historic high of 1,670 million tonnes during the year. This growth suggested Indian Railways' capacity to handle key commodities such as coal, cement, fertilisers and foo ...Read More >
Shimla, Apr 4 (PTI) Milk-producing farmers in the state are now receiving an average benefit of Rs 34.18 crore per month -- "the highest ever -- "as the state milk federation procures approximately 2.70 lakh litres of milk per day from the farmers. This is a significant increase compared to the average procurement of 1.57 lakh litres per day during the financial year 2024-25, a government spokesperson said in a statement here on Saturday. The federation is ensuring doorstep milk collection, pa ...Read More >
Hyderabad: India's pharmaceutical exports stood at over USD 28 billion up to February in the last financial year, registering a growth of more than 5 per cent compared to the same period last year, a top official said on Saturday. K Raja Bhanu, Director General of the Pharmaceuticals Export Promotion Council of India (Pharmexcil), said the sector, currently valued at around USD 60 billion, is projected to grow to USD 130 billion by 2030. "Despite global challenges, pharmaceutical exports have ...Read More >
New Delhi, April 4 (SocialNews.XYZ) Union Railway Minister Ashwini Vaishnaw said on Saturday that the Indian Railways recorded a year of strong all-round performance in FY 2025-26, achieving record freight loading while advancing passenger services, infrastructure, safety systems and digital initiatives, with freight transportation reaching a historic high of 1,670 million tonnes during the year. This growth suggested Indian Railways' capacity to handle key commodities such as coal, cement, fer ...Read More >
New Delhi, April 4: Tata Steel has received a demand notice of Rs 1,755.10 crore from the District Mining Office in Jharkhand's Ramgarh over alleged excess extraction of coal from its West Bokaro Colliery between FY2000-01 and FY2006-07, the company said in a regulatory filing on Saturday. The notice, dated March 30, was received by the company on April 3. According to the company, the notice alleges that the steelmaker extracted approximately 1.62 crore metric tonnes of coal beyond permissible ...Read More >
Shimla (Himachal Pradesh) [India], April 4 (ANI): The Himachal Pradesh government is providing an average monthly benefit of Rs 34.18 crore to milk producers as part of its efforts to strengthen the rural economy, Chief Minister Sukhvinder Singh Sukhu said. Under various initiatives, the state milk federation is currently procuring around 2.70 lakh litres of milk per day, a significant increase from 1.57 lakh litres per day recorded during FY 2024-25. Doorstep milk collection facilities are als ...Read More >
New Delhi [India], April 3 (ANI): State governments and Union Territories across the country are expected to raise a total of Rs 2,54,509 crore through market borrowings during the first quarter of the 2026-27 financial year. According to an indicative calendar released by the Reserve Bank of India (RBI) on Thursday, these borrowings will take place between April and June 2026 as part of the states' efforts to manage their financial requirements. The central bank, acting as the debt manager fo ...Read More >
HYDERABAD: If the West Asia conflict continues, India's exports to other parts of the world will also be impacted, Central Commerce Secretary Rajesh Agrawal said on Saturday. Indian exports during the last financial year were expected to remain on a positive trajectory despite the crisis, he added. Addressing a press conference on the sidelines of 'Chintan Shivir - Scaling Up Pharma Exports', Agrawal said that because of the West Asia crisis, there was definitely an impact last month on both i ...Read More >
Hyderabad, Apr 4 (PTI) If the West Asia conflict continues, India's exports to other parts of the world will also be impacted, Central Commerce Secretary Rajesh Agrawal said on Saturday. Indian exports during the last financial year were expected to remain on a positive trajectory despite the crisis, he added. Addressing a press conference on the sidelines of 'Chintan Shivir - Scaling Up Pharma Exports', Agrawal said that because of the West Asia crisis, there was definitely an impact last mon ...Read More >
Thiruvananthapuram, April 4 (SocialNews.XYZ) Indian Space Research Organisation (ISRO) Chairman V. Narayanan on Saturday praised NASA's latest Artemis II mission and also expressed confidence that the mission will be "grandly successful". NASA's Artemis II Moon mission lifted off from the US state of Florida on April 2, carrying four astronauts on the first crewed flight around the Moon in more than 50 years. It is the American space agency's first crewed mission under the Artemis programme. Th ...Read More >
Hyderabad, Apr 4 (PTI) India's pharmaceutical exports stood at over USD 28 billion up to February of the current financial year, registering a growth of more than 5 per cent compared to the same period last year, a top official said on Saturday. K Raja Bhanu, Director General of the Pharmaceuticals Export Promotion Council of India (Pharmexcil), said the sector, currently valued at around USD 60 billion, is projected to grow to USD 130 billion by 2030. "Despite global challenges, pharmaceutica ...Read More >
New Delhi, Apr 4 (PTI) The country's second-largest lender HDFC Bank on Saturday reported a 12 per cent credit growth to Rs 29.6 lakh crore for the March quarter. Its total advances were Rs 26.43 lakh crore at the end of March 31, 2025, HDFC Bank said in a regulatory filing. The lender reported a 14.4 per cent rise in total deposits to Rs 31.05 lakh crore from Rs 27.14 lakh crore at the end of the fourth quarter of the preceding financial year. During the period, CASA deposits recorded a grow ...Read More >
Hyderabad, Apr 4 (PTI) India's pharmaceutical exports stood at over USD 28 billion up to February of the current financial year, registering a growth of more than 5 per cent compared to the same period last year, a top official said on Saturday. K Raja Bhanu, Director General of the Pharmaceuticals Export Promotion Council of India (Pharmexcil), said the sector, currently valued at around USD 60 billion, is projected to grow to USD 130 billion by 2030. "Despite global challenges, pharmaceutica ...Read More >
New Delhi [India], April 4 (ANI): Indian Farmers Fertiliser Cooperative Ltd. (IFFCO) Saturday said it clocked a record profit before tax of Rs 4,106 crores in the financial year 2025-26. IFFCO Chairman Dileep Sanghani stated that the financial year 2025-26 has emerged as a milestone in the history of the Indian cooperative movement, the company said in a press release. IFFCO said it also set new benchmarks in production and sales. A record sale of 118.75 lakh metric tonnes of fertilisers, coupl ...Read More >
Pune: Passenger safety and surveillance have been significantly strengthened across railway stations in the Pune division during the financial year 2025-26. A large-scale expansion of CCTV coverage has been carried out to improve monitoring and quick response. According to official data, 160 CCTV cameras have been installed at Pune Railway Station. In addition, 382 cameras have been set up across other stations in the division. Officials said this has improved real-time surveillance and overal ...Read More >
Pune: The Pune Railway Division has reported steady financial growth in the financial year 2025-26, posting a total revenue of Rs 2,238.20 crore. This marks a 3.7% increase compared to the previous year, officials said during a press meet held on Friday. Divisional Railway Manager Rajesh Kumar Verma shared the details while addressing the media at the DRM office in Pune. He highlighted that passenger earnings played a key role in the overall growth. According to official data, passenger revenu ...Read More >
Hyderabad, Apr 4 (PTI) Indian pharmaceutical exports stood at nearly USD 29 billion up to February this financial year registering a growth of five per cent compared to the same period last year, a top official said on Saturday. K Raja Bhanu, Director General, Pharmaceuticals Export Promotion Council of India (PHARMEXCIL) said the sector, currently valued at approximately USD 60 billion, is projected to grow to USD 130 billion by 2030. "Inspite of global challenges, pharmaceuticals exports hav ...Read More >
Hyderabad, Apr 4 (PTI) Indian pharmaceutical exports stood at nearly USD 29 billion up to February this financial year registering a growth of five per cent compared to the same period last year, a top official said on Saturday. K Raja Bhanu, Director General, Pharmaceuticals Export Promotion Council of India (PHARMEXCIL) said the sector, currently valued at approximately USD 60 billion, is projected to grow to USD 130 billion by 2030. "Inspite of global challenges, pharmaceuticals exports hav ...Read More >
Patna, April 4 (UNI) Bihar has recorded a total revenue collection of Rs 43,324.79 crore in the financial year 2025-26, marking a significant achievement for the state's commercial taxes department. Bihar Finance minister Bijendra Prasad Yadav said the collection includes revenue from Goods and Services Tax (GST), VAT and other sources, reflecting a 4.09 per cent increase over the previous fiscal. The state had collected Rs 41,623.96 crore in 2024-25. Highlighting the performance, the minister ...Read More >
Bhubaneswar: East Coast Railway (ECoR) gained outstanding achievements for the financial year 2025-26, highlighting record-breaking freight performance, strong revenue growth, and major infrastructure advancements. ECoR retained its position as the top freight handling zone of Indian Railways for yet another year, continuing its dominance for the ninth consecutive year. The zone also surpassed 200 million tonne (MT) of freight loading for the seventh year in a row, underlining its consistent o ...Read More >
The Punjab government has decided to constitute a high-level implementation committee headed by the chief secretary to decide the framework of the Mukh Mantri Mawan Dheeyan Satkar Yojana and to take all necessary decisions for its smooth implementation. The scheme will provide ₹1,000 financial assistance to all eligible women above 18 years of age and ₹1,500 to women from Scheduled Castes. The committee will comprise the principal secretary to chief minister or his representative, along with ...Read More >
Mumbai: The Maharashtra State Contractors' Association (MSCA) has written to the BJP-led Mahayuti government, threatening to stop work on development projects from April 7 if dues amounting to more than Rs 96,000 crore are not cleared soon. The MSCA, in its letter on Friday, said that the state government had cleared around Rs 20,000 crore last year following protests, but fresh bills from ongoing and completed works have pushed the total pending amount back to Rs 96,000 crore. The MSCA is a s ...Read More >
BHUBANESWAR: The East Coast Railway (ECoR) has retained its position as top freight handling zone of Indian Railways in 2025-26 fiscal, registering a whopping freight load of over 286 million tonne. The ECoR has also generated a gross revenue of over Rs 32,766 crore, achieving first position in apportioned gross revenue generation among all the zones with a collection of Rs 25,911.85 crore in last fiscal. The gross revenue regeneration was about 10.36 per cent more compared to Rs 26,691.82 cror ...Read More >
Punjab Cabinet Minister Sanjeev Arora on Friday announced a 50 per cent rebate on pending Non-Construction Fee (NCF) under the One Time Settlement (OTS) Scheme for Improvement Trusts, extended till April 30, 2026. He said house tax collection for the fiscal year 2025-26 has reached Rs 600 crore, up from Rs 500 crore in 2024-25. Ruling out any increase in property tax slabs, the minister added that officials have been given targets to recover pending dues. Highlighting urban infrastructure ini ...Read More >
Hyderabad (Telangana) [India], March 31 (ANI): Telangana Jagruthi President Kalvakuntla Kavitha on Tuesday accused the Congress-led Telangana government of deceiving the public by claiming a surplus budget while reportedly accumulating debts worth ₹8.65 lakh crore. Telangana Jagruthi President Kalvakuntla Kavitha, in a post on X, said, "The Congress government has pushed Telangana into a dire situation where it has to borrow from the RBI for the state's daily expenses.. The CAG 2024-25 report ...Read More >
Loan sanctions during FY26 rose to Rs 51,883 crore, marking a growth of 9 per cent over Rs 47,453 crore in the previous financial year State-owned Indian Renewable Energy Development Agency (Ireda) has reported its highest-ever annual loan sanctions of Rs 51,883 crore and disbursements of Rs 34,946 crore in FY 2025-26 as per provisional data released on Tuesday. The outstanding loan book witnessed a significant expansion of 22 per cent at Rs 93,075 crore as on March 31, 2026, up from Rs 76,282 ...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 >
Mumbai: The Maharashtra Energy Department is preparing a long-term plan to provide free electricity to nearly 1.5 crore small consumers over the next five years, primarily by scaling up rooftop solar adoption. As part of the initiative, the state is considering an expansion of its SMART (Swayampurn Maharashtra Awasiya Rooftop) scheme, which offers targeted subsidies to promote residential solar installations. The scheme focuses on households consuming up to 100 units of electricity per month, pa ...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 >
New Delhi: Toll collections grew 14% to a record ₹82,900.16 crore in the just-ended fiscal year, underscoring addition of new toll roads, accelerated economic activity, and roll out of the new annual FASTag facility. Tolls worth ₹72,930.83 crore were collected in FY25. The volume of FASTag transactions rose 5.7% to nearly 4.45 billion in FY26 from 4.21 billion in the year before, showed National Electronic Toll Collection (NETC) data tracked by the National Payment Corporation of India (NPCI) a ...Read More >
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