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.
Belagavi: Even as Belagavi city continues to expand rapidly, property tax (house rent) collection has failed to keep pace, raising concerns about the city corporation's financial management.As of March 31, the city had 1,65,958 properties spread across 58 wards. Officials estimate that 10,000 to 15,000 new properties are added every year. However, this growth has not translated into a proportionate rise in civic revenue.For 2025-26, the city corporation collected Rs 70.8 crore in property tax, o ...Read More >
Mumbai, Apr 3 (PTI) The Maharashtra State Contractors' Association wrote to the Mahayuti government on Friday threatening to stop work from April 7 if dues amounting to more than Rs 96,000 crore are not paid soon. The state government had cleared about 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, said the MSCA, a state-level body representing contractors engaged in development works a ...Read More >
New Delhi [India], April 3 (ANI): The recent decision by US President Donald Trump to impose a 100 per cent tariff on patented pharmaceutical imports to US is unlikely to cause immediate disruption to Indian drugmakers, as the move largely targets branded medicines while exempting generics and biosimilars, said Siddharth Mittal, Managing Director and CEO (Designate) Syngene International Limited. Also Read | US Pilot Rescued After Fighter Jet Shot Down in Iran; Helicopter Also Hit During Search ...Read More >
NEW DELHI: Tractor sales surged sharply in the financial year 2026, with major OEMs posting double-digit volume growth. This growth momentum, however, may hit a roadblock as analysts forecast FY27 growth slowing to 0-3% amid high base effects and emerging El Niño risks. Ratings agency Crisil stated that tractor sales growth is projected to slow sharply to 0-2% year-on-year to about 1.2 million units in FY27. This follows an estimated 22% on-year rise in FY26, primarily driven by rationalisation ...Read More >
Hyderabad: The state government has placed an indent to raise Rs 18,900 crore through the auction of bonds in the first quarter (April-June) of the new fiscal 2026-27, according to data released by the Reserve Bank of India on Friday. The proposed borrowing forms part of the state government's larger plan to mobilise Rs 73,383 crore through market borrowings during the financial year, as outlined in the State Budget that was recently passed by the Assembly. As per the borrowing calendar submitt ...Read More >
VIJAYAWADA: The South-Central Railway is nearing completion of the third line spanning nearly 700 km on the vital Gudur-Vijayawada-Kazipet-Balharshah corridor. With work progressing for a few more stretches, this line would ensure seamless movement of trains across regions, significantly easing congestion and improving journey time for both passenger and freight services. The remaining works are confined to small stretches between Peddavadlapudi-Krishna Canal (7km), Dornakal-Mahabubabad (20km) ...Read More >
New Delhi [India], April 3 (ANI): The Ministry of Steel-owned NMDC has registered its highest-ever iron ore production output at 53 million tonnes in the Financial year 2025-26, the Ministry of Steel said in a press release on Thursday. The ministry noted that NMDC has emerged as the first company in the India mining history to surpass the 50 million tonnes annual production mark. The company's iron ore production jumped 51% on year to 5.35 million tonnes in March and posted a growth of a robus ...Read More >
Lucknow: Chief Minister Yogi Adityanath said that the financial year 2026-27 is going to be very important for youth preparing to join the Uttar Pradesh Police. Preparations are underway to recruit more than 81,000 posts in the UP Police within this year. Chief Minister stated, "This large-scale recruitment drive will not only provide employment opportunities to youth but will also equip the state with a capable, energetic and modern police force". Chief Minister Yogi Adityanath was reviewing t ...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 >
Chandigarh, April 3 (UNI) Punjab Cabinet Minister for Local Government, Industries & Commerce, Investment Promotion, and Power, Sanjeev Arora, on Friday, unveiled a comprehensive roadmap on Friday to transform the state's urban infrastructure. The Minister announced a major infrastructure blitz, including the reconstruction and repair of 2,120 kilometers of roads across various Municipal Corporations and Councils. This initiative, budgeted at ₹1,300 crore, is slated for completion by the end of ...Read More >
India is looking to sign a Free Trade Agreement (FTA) with New Zealand in the 4th week of April, said India's Commerce and Industry Minister Piyush Goyal. In December 2025, India and New Zealand had announced conclusion of a trade agreement which opens skilled employment pathways through a new Temporary Employment Entry Visa pathway for Indian professionals in skilled occupations, with a quota of 5,000 visas at any given time and a stay of up to three years. This pathway covers Indian profession ...Read More >
The defence ministry described defence exports in 2025-26 as a "landmark milestone". ShowQuick Read Summary is AI-generated, newsroom-reviewed * India's defence exports reached a record Rs 38,424 crore in FY 2025-26, a 62.66% increase * Defence public sector units contributed 54.84% while private industry contributed 45.16% * Exports have nearly tripled in value over the past five years, showing global acceptance Did our AI summary help? Let us know. Switch To Beeps Mode New Delhi: Ind ...Read More >
Hyderabad: The Telangana Transport Department has amassed a revenue of Rs 7,097 crore in the financial year 2025-206, achieving 83 per cent of its revenue target. In a statement, the department said it recorded a growth of 2.70 per cent in revenue as compared to financial year 2024-25. Most of the revenue came from lifetime taxes, with Rs 4,714.63 crore followed by quarterly taxes worth Rs 961.02 crore and green tax collections of Rs 78.35 crore. Apart from these, Rs 820.09 crore were receive ...Read More >
New Delhi: Taxpayers have received a major relief regarding Long Term Capital Gains (LTCG) from the stock market. The government has now allowed LTCG of up to Rs 1.25 lakh to be reported in the simpler ITR-1 form. This applies to gains from listed shares and equity mutual funds. Earlier, even a small LTCG required taxpayers to file ITR-2, which is more complex. With this change, small investors can now avoid complicated tax forms and file returns more easily. Who Benefits the Most? This move ...Read More >
New Delhi, Apr 3 (PTI) Tractors and Farm Equipment Ltd on Friday reported a 23 per cent rise in total tractor sales with a record 2,14,951 units in 2025-26 as compared to 1,74,785 units in the preceding fiscal. The company concluded the fiscal year on a strong note, delivering 37.4 per cent growth in March 2026, Tractors and Farm Equipment Ltd (TAFE) said in a statement. It also achieved the highest-ever domestic sales with both the company's brands, Massey Ferguson and Eicher tractors, record ...Read More >
New Delhi, April 3 (SocialNews.XYZ) India's largest automobile firm, Maruti Suzuki, on Friday said that it added 502 new service touchpoints in the financial year ended March 2026, in the highest single-year network expansion in the automaker's history, bringing its total after-sales service footprint to 5,926 touchpoints spread across 3,000 cities and towns nationwide. The newly added locations span a range of formats, including ARENA and NEXA workshops, Maruti Suzuki Sales and Service Points ...Read More >
New Delhi: The recent decision by US President Donald Trump to impose a 100 per cent tariff on patented pharmaceutical imports to US is unlikely to cause immediate disruption to Indian drugmakers, as the move largely targets branded medicines while exempting generics and biosimilars, said Siddharth Mittal, CEO and Managing Director of Biocon Limited. In an exclusive interaction with ANI, Mittal said the tariff action is aimed at boosting domestic manufacturing in the United States but does not ...Read More >
The TVK leader also owns four vehicles, including a sports cycle worth Rs 63,332. ShowQuick Read Summary is AI-generated, newsroom-reviewed * Aadhav Arjuna declared assets worth Rs 197.52 crore in his election affidavit * He filed nomination papers for Villivakkam Assembly seat on TVK ticket * Arjuna's moveable assets total Rs 180.03 crore, wife's assets Rs 162.14 crore Did our AI summary help? Let us know. Switch To Beeps Mode Chennai: Aadhav Arjuna, the actor-politician Vijay led TVK ...Read More >
John Abrahams JA Entertainment renews lease of 3256 sq ft Bandra Pali Hill property for 2 years at 12 lakh monthly rent rising to 12.5 lakh, with a 66 lakh deposit If there's one Mumbai neighbourhood that Bollywood just can't get enough of, it's Bandra and it looks like John Abraham is in no mood to move out anytime soon. The actor has once again locked in a premium address, quietly extending his stay in one of the city's most sought-after pockets. According to property registration documents ...Read More >
New Delhi [India], April 3 (ANI): The recent decision by US President Donald Trump to impose a 100 per cent tariff on patented pharmaceutical imports to US is unlikely to cause immediate disruption to Indian drugmakers, as the move largely targets branded medicines while exempting generics and biosimilars, said Siddharth Mittal, CEO and Managing Director of Biocon Limited. Also Read | Mysuru Cloth Bag Scam: Karnataka High Court Orders Probe Against IAS Officer Rohini Sindhuri Over INR 5.8 Crore ...Read More >
Mumbai: Bajaj Auto closed FY26 on a strong note, with March sales reflecting broad-based momentum across segments as exports continued to outpace domestic growth. Sales Jump Across Segments The company's total sales rose to 4,45,377 units in March 2026 from 3,69,823 units a year earlier, registering a 20 percent increase. Growth was evenly spread, with domestic sales climbing 20 percent to 2,66,290 units, while exports grew slightly faster at 21 percent to 1,79,087 units. This balanced expans ...Read More >
April 3 (Reuters) - India's defence exports for the fiscal year to March reached 384.24 billion rupees ($4.11 billion), a jump of more than 62% from the previous period, the government said in a statement on Thursday. India exported 236.22 billion rupees ($2.52 billion) worth of defence exports from April 2024 to March 2025, the statement said, adding that defence exports for the 2025-2026 fiscal year rose by 148.02 billion rupees. The sharp rise signals increasing global acceptance of Indian ...Read More >
Bengaluru: Gram panchayats across Karnataka have recorded a strong improvement in revenue mobilisation, realising 89% of the tax collection target for the financial year 2025-26, one of the highest levels in recent years, The Hindu reported. According to the Department of Rural Development and Panchayat Raj, 5,943 gram panchayats reported higher collections compared to the previous year. The total tax collection stood at Rs 1,382.57 crore, marking an increase of Rs 110.04 crore from Rs 1,272.54 ...Read More >
Oracle India layoffs: US tech giant Oracle has been facing backlash online for filing thousands of foreign workers' petitions at a time when it laid off approximately 30,000 employees. The tech company filed for more than 3,000 petitions to employ H-1B workers in 2025 and 2026, and this has been criticised by American workers. US IT firm Oracle announced a brutal layoff impacting around 30,000 workers in an early morning email on March 31, informing the staff that it was their last working day. ...Read More >
HYDERABAD: The South Central Railway (SCR) has been allocated a budget of Rs 13,026 crore for the financial year 2025-26, up from Rs 11,012 crore last year, SCR General Manager Sanjay Kumar Srivastava said on Thursday. The allocation for Telangana stands at Rs 5,454 crore this year, compared to Rs 5,337 crore last year. Addressing the media at Rail Nilayam, he said the 18.3% increase will help sustain the pace of infrastructure works, with projects worth about Rs 48,000 crore currently underway ...Read More >
Vijayawada: Andhra Pradesh saw a 10 per cent increase in Net GST in March 2026 and the State achieved an overall growth of 6 per cent for the financial year 2025-26, marking a significant accomplishment in the current economic environment. Net GST collections for March 2026 reached Rs3,316 crore -- the highest ever for March, despite reductions in tax rates on several goods. (These collections include GST compensation amount of Rs 193 crore). For the financial year (April-March 2026), net GST c ...Read More >
The India-Australia Economic Cooperation and Trade Agreement (Ind-Aus ECTA) completes four years since its signing today, marking an important milestone in the evolving economic partnership between India and Australia, stated the Ministry of Commerce & Industry. Since its signing on April 2 2022, the Agreement has played a pivotal role in enhancing trade flows, fostering industry linkages, and creating new opportunities for businesses, entrepreneurs, and employment in both countries. Trade grow ...Read More >
Paradip (Odisha) [India], April 2 (ANI): The Paradip Port Authority (PPA) achieved a historic milestone by joining the elite '155+ Million Metric Tonnes (MMT) Club.' The port recorded its highest-ever cargo throughput of 156.45 MMT during FY 2025-26, marking a 4.01% growth compared to the previous financial year. This performance stands as the best in the port's history since it first became operational in 1966. Despite challenging market conditions, such as a decline in export demand for iro ...Read More >
Chief minister Bhagwant Mann on Monday claimed that under the Aam Aadmi Party (AAP) government, Punjab has become the number one state in the education sector by topping the National Achievement Survey (NAS), surpassing even Kerala. Presenting a detailed four-year report card of his government's performance in the education sector, Mann said Punjab secured the top position in the National Achievement Survey (NAS) 2024, while Gujarat ranked 16th and Haryana around 7th or 8th. He added that this ...Read More >
VISAKHAPATNAM: Visakhapatnam Port Authority (VPA) recorded cargo throughput of 91.17 million metric tonnes (MMT) in the financial year 2025-26, registering a growth of about 10.35 per cent over the previous year. The performance marks an improvement over 82.62 MMT handled in 2024-25, 81.09 MMT in 2023-24, and 73.75 MMT in 2022-23. A stakeholders' meet was held in Visakhapatnam on Wednesday. Speaking on the occasion, VPA Chairperson M Angamuthu attributed the growth to coordinated efforts of por ...Read More >
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