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Thoothukudi (Tamil Nadu) [India], April 1 (ANI) Ahead of the upcoming assembly polls, DMK MP c on Wednesday expressed confidence in Chief Minister MK Stalin's leadership to secure another term. "The DMK is definitely going to be elected back to governance, and because people have confidence in our government, in the Chief Minister and what we've achieved in the past five years," she told ANI. The DMK MP highlighted the government's achievements in development, job creation, and social welfare ...Read More >
Maldivian plans to expand flights from India to attract tourists Instagram/maldivianaero ShowQuick Read Summary is AI-generated, newsroom-reviewed * Maldivian plans to expand flights from India to attract 2 lakh Indian tourists annually * Indian tourists to Maldives exceeded 1.3 lakh last year, with over 1 lakh Indian residents there * Maldivian operates five weekly flights from Kochi and Thiruvananthapuram and seeks more routes Did our AI summary help? Let us know. Switch To Beeps Mode ...Read More >
Chennai: With the West Asia crisis impacting the fuel prices and availability, CPI inflation is expected to move up to 4.1 - 4.3 per cent in FY27, find rating agencies. The GDP growth could also ease to 6.5 per cent in FY27 from 7.5 per cent estimated for FY26. The ongoing conflict in West Asia has led to a surge in energy prices and impacted availability, which could lead to higher inflation, impacting consumer demand. The average CPI inflation is anticipated to more than double to 4.3% in FY ...Read More >
Mumbai (Maharashtra) [India], April 1 (ANI): The Indian rupee may come under further pressure in the coming months if the ongoing West Asia crisis continues, with the Reserve Bank of India (RBI) likely needing to remain flexible in its approach, according to a report by Yes Bank. The report stated that the rupee could weaken to 97.00-97.50 against the US dollar in the first half of FY27. Also Read | Pune Weather Update: IMD Predicts Heatwaves and Above-Normal Rainfall. "RBI will have to be op ...Read More >
Bhubaneswar: Vedanta Aluminium on Wednesday reaffirmed its long-term commitment to Odisha on the occasion of Utkal Dibas. With planned investments of Rs 1.8 lakh crore in the pipeline and over Rs 1 lakh crore already invested, the company said it has has generated more than 5 lakh employment opportunities to date. Vedanta's Odisha operations including aluminium, power, iron ore, and related businesses, contribute over Rs 9,000 crore annually to the exchequer and account for approximately ~3% of ...Read More >
Comptroller and Auditor General (CAG) report, tabled by chief minister Sukhvinder Singh Sukhu for the financial year 2024-25 pointed out that state's total debt and liabilities crossed the ₹1 lakh crore mark for the first time. Emphasising on the urgent need for stronger monitoring systems, timely compliance, and reforms to ensure financial discipline and effective governance in the state, the report reveals that the overall liabilities of the state stood at ₹1,04,410 crore as on March 31, 2 ...Read More >
New Delhi, Apr 1 (PTI) GST revenues grew about 9 per cent in March, scaling to the pre-tax cut level of over Rs 2 lakh crore, the third highest monthly collection in the 2025-26 fiscal, buoyed by mop-ups from imports as well as domestic sales and purchases, government data showed on Wednesday. Gross domestic revenues rose 5.9 per cent to over Rs 1.46 lakh crore, while those from imports grew 17.8 per cent to Rs 53,861 crore during the month. The gross Goods and Services Tax (GST) mop-up was Rs ...Read More >
Bhubaneswar, Mar 31 (PTI) Amid a walkout by the opposition MLAs, the Odisha Assembly on Tuesday passed an appropriation Bill, allowing the state government to spend Rs 3.10 lakh crore from its consolidated fund during the financial year 2026-27. Speaking in favour of the Bill, Chief Minister Mohan Charan Majhi, who also holds the Finance portfolio, said the budget estimation for 2026-27 is Rs 3.10 lakh crore, which is 7 per cent more than the budget estimates made for the financial year 2025-26 ...Read More >
New Delhi [India], April 1 (ANI): India's auto components industry is poised for structural growth as global supply chains realign, with process-led manufacturers expected to emerge as key beneficiaries, according to a report by Avendus. The report highlighted that the global automotive sector is undergoing a "structural reset," driven by electrification, cost pressures, and geopolitical shifts, which is prompting original equipment manufacturers (OEMs) to rethink sourcing strategies. "Cost opt ...Read More >
Mumbai: India's equity indices ended FY26 with losses, their worst fiscal performance since the pandemic-hit FY20. The outlook for the FY27 hinges on the ebbing of the West Asia conflict, particularly through its impact on crude oil prices and the rupee, according to analysts. "A ceasefire in the near term could trigger a recovery, with Indian equities potentially revisiting previous highs," said Amit Khurana, head of institutional equities at Dolat Capital Market. "However, if the situation pe ...Read More >
Led by National President Poonam Sharma, the event highlighted women's crucial role in India's economic future. Discussions focused on entrepreneurship, innovation, digital transformation, and inclusive growth, aiming to foster collaboration and actionable insights for women's empowerment. The FICCI Ladies Organisation (FLO), the women's wing of the Federation of Indian Chambers of Commerce & Industry (FICCI), hosted the inaugural day of its 42nd Annual Session on 29 March 2026 at FICCI, Federa ...Read More >
BRICS Summit 2026: India assumed the BRICS chairmanship in 2026. It is a position of honour for the country. Hosting the annual BRICS summit is an important opportunity, but the ongoing war the Gulf region has made the task far more complex. The challenge comes from the fact that BRICS members are split on the military confrontation between US-Israel alliance and Iran. Tehran is pushing one side, while the United Arab Emirates (UAE) and Saudi Arabia stand on the opposite side. Organising the su ...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 Odisha Legislative Assembly on Tuesday cleared the Appropriation Bill for the 2026-27 financial year, even as opposition MLAs staged a walkout. With its passage, the government obtained the legal authority to withdraw and spend the budgetary allocation of ₹3.10 lakh crore from the Consolidated Fund of the state to meet its expenditure during the financial year 2026-27. Participating in discussions on the bill, CM Majhi stated that the total budget est ...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: The Odisha Legislative Assembly today passed the Appropriation Bill authorising the state government to spend ₹3.10 lakh crore from the Consolidated Fund during the financial year 2026-27. The Bill was passed amid a walkout by Opposition members. Chief Minister Mohan Charan Majhi, who also holds the Finance portfolio, while speaking in support of the Bill, said the budget estimates for 2026-27 stand at ₹3.10 lakh crore, which is 7 per cent higher than the estimates of the previous ...Read More >
Bhubaneswar: Amid a walkout by the opposition MLAs, the Odisha Assembly on Tuesday passed an appropriation Bill, allowing the state government to spend Rs 3.10 lakh crore from its consolidated fund during the financial year 2026-27. Speaking in favour of the Bill, Chief Minister Mohan Charan Majhi, who also holds the Finance portfolio, said the budget estimation for 2026-27 is Rs 3.10 lakh crore, which is 7 per cent more than the budget estimates made for the financial year 2025-26. Out of the ...Read More >
Bhubaneswar, Mar 31 (PTI) Amid a walkout by the opposition MLAs, the Odisha Assembly on Tuesday passed an appropriation Bill, allowing the state government to spend Rs 3.10 lakh crore from its consolidated fund during the financial year 2026-27. Speaking in favour of the Bill, Chief Minister Mohan Charan Majhi, who also holds the Finance portfolio, said the budget estimation for 2026-27 is Rs 3.10 lakh crore, which is 7 per cent more than the budget estimates made for the financial year 2025-26 ...Read More >
Bengaluru, Mar 31 (PTI) Karnataka Chief Minister Siddaramaiah on Tuesday criticised State BJP president B Y Vijayendra's demand for a "white paper" on the government's finances, calling it a reflection of his poor understanding of economics and political maturity. He said the allegation that the state is bankrupt stems from the "helplessness, frustration, and jealousy" of BJP leaders who are unable to confront his government politically. "The demand by BJP State President B Y Vijayendra to rel ...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 >
New Delhi: The government has notified the Finance Act 2026 to bring into effect the financial proposals of the Union Budget for 2026-27. A gazette notification issued by the Ministry of Law and Justice stated: "The Finance Act 2026 received the assent of the President on March 30, 2026 and is hereby published for general information." The Parliament on Friday approved the Finance Bill 2026 with the Rajya Sabha returning it to the Lok Sabha by a voice vote, completing the legislative process t ...Read More >
New Delhi, March 31 (SocialNews.XYZ) The government has notified the Finance Act 2026 to bring into effect the financial proposals of the Union Budget for 2026-27. A gazette notification issued by the Ministry of Law and Justice stated: "The Finance Act 2026 received the assent of the President on March 30, 2026 and is hereby published for general information." The Parliament on Friday approved the Finance Bill 2026 with the Rajya Sabha returning it to the Lok Sabha by a voice vote, completing ...Read More >
New Delhi : Chief minister Rekha Gupta on Friday sharply criticised the previous Aam Aadmi Party (AAP) government's financial record, accusing it of leaving Delhi with a ₹47,000-crore debt burden. Addressing the assembly on the final day of the Budget session, Gupta said her government inherited the debt, of which ₹27,547 crore remains outstanding. " We are now working to manage liabilities while ensuring transparency," she said. On Tuesday, Gupta had presented a ₹1,03,700 crore Budget fo ...Read More >
New Delhi, March 31 (SocialNews.XYZ) India's bioeconomy is approaching the $200 billion mark, which is a significant milestone in its evolution with a strong policy push and growing innovation pipeline signalling the next phase of growth, according to a report released on Tuesday. The report by Endiya Partners said that the nation's bioeconomy has expanded sharply from around $10 billion in 2014 to over $195 billion in 2026, now contributing nearly 5 per cent to the GDP. India, long recognised ...Read More >
New Delhi: The government has notified the Finance Act 2026, paving way for effecting changes in tax provisions. This Act gives effect to financial proposals of the central government for 2026-27, a gazette notification dated March 30 issued by the Ministry of Law and Justice said. "The following Act of Parliament received the assent of the President on March 30, 2026 and is hereby published for general information," it said. Also Read: Union Budget 2026 gets Parliament nod; Finance Bill appr ...Read More >
New Delhi, Mar 31 (PTI) The government has notified the Finance Act 2026, paving way for effecting changes in tax provisions. This Act gives effect to financial proposals of the central government for 2026-27, a gazette notification dated March 30 issued by the Ministry of Law and Justice said. "The following Act of Parliament received the assent of the President on March 30, 2026 and is hereby published for general information," it said. Last week, Parliament approved the Finance Bill 2026 w ...Read More >
Guwahati, March 31: The Bharatiya Janata Party (BJP), on Tuesday, released its Sankalp Patra for the April-9 Assam Assembly elections, outlining a broad development agenda centred on economic growth, welfare expansion and governance reforms. The manifesto was unveiled at Vajpayee Bhawan in the presence of Union Finance Minister Nirmala Sitharaman, Chief Minister Himanta Biswa Sarma, Union Minister Sarbananda Sonowal and state BJP president Dilip Saikia, among other senior leaders. Addressing t ...Read More >
New Delhi [India], March 30 (ANI): India is prepared to face the ripple effects of the ongoing West Asia conflict, which is akin to a "man-made global disaster", Union Minister Gajendra Singh Shekhawat said on Monday, expressing confidence that the country will overcome the challenge and set an example globally. "This is like a global disaster. It is a man-made disaster... When such disasters occur, every country prepares to face them," Shekhawat said on the sidelines of the 42nd Annual Session ...Read More >
Guwahati (Assam) [India], March 31 (ANI): Bharatiya Janata Party (BJP) on Tuesday released its 'Sankalp Patra' (manifesto) for the 2026 Assam Assembly elections in Guwahati. Union Ministers Nirmala Sitharaman and Sarbananda Sonowal, Chief Minister Himanta Biswa Sarma, State BKP president Dilip Saikia and others were present at the ceremony. CM Sarma promised a Uniform Civil Code and two lakh jobs in the state. "We will implement UCC in Assam, excluding Sixth Schedule, ST areas. We will take s ...Read More >
New Delhi [India], March 31 (ANI): Union Minister Piyush Goyal held discussions with a European Parliamentary delegation led by Angelika Niebler on the early implementation of the India-European Union Free Trade Agreement (FTA), highlighting its significance for strengthening bilateral ties. In a social media post, the minister said he was "delighted" to meet the delegation and noted that India-EU relations are witnessing growing dynamism across multiple sectors. Also Read | 28 Ships Bound for ...Read More >
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