Welfare schemes in A.P. continue despite ₹16,000 crore fiscal deficit, says Excise Minister

Welfare schemes in A.P. continue despite ₹16,000 crore fiscal deficit, says Excise Minister

Minister for Mines, Geology and Excise Kollu Ravindra along with MLC Beeda Ravichandra and local MLA Dagumati Venkata Krishna Reddy laying foundation stone for CC road at Kavali in SPSR Nellore district on Tuesday. | Photo Credit: BY ARRANGEMENT Minister for Mines, Geology and Excise Kollu Ravindra on Tuesday said that the State government is … Read more

CAG data indicates Andhra Pradesh’s worsened fiscal stress: Jagan 

CAG data indicates Andhra Pradesh’s worsened fiscal stress: Jagan 

YSRCP president Y.S. Jagan Mohan Reddy. File | Photo Credit: The Hindu Former Chief Minister Y.S. Jagan Mohan Reddy commented through a message on X that the Andhra Pradesh Government’s fiscal stress worsened in the first quarter of FY 2025- 26 as per the monthly key indicators released by the Comptroller & Auditor General of India (CAG).  He … Read more

Jyotiraditya Scindia interview: ‘India will have 1 billion Internet users by this fiscal’

Jyotiraditya Scindia interview: ‘India will have 1 billion Internet users by this fiscal’

With increasing data usage, the Internet market has grown from around 250 million to 974 million subscribers, says Minister of Communications and Development of North Eastern Region (DONER) Jyotiraditya Scindia. Stressing on the role of innovation and investment, Mr. Scindia discusses the potential of India’s telecom industry and the way ahead for improving connectivity. Edited … Read more

Kerala Opposition Leader accuses government of taxing people for its poor fiscal management

Kerala Opposition Leader accuses government of taxing people for its poor fiscal management

V.D. Satheesan | Photo Credit: THULASI KAKKAT Kerala’s Leader of the Opposition V.D. Satheesan has accused the Left Democratic Front (LDF) government of exacerbating the cost-of-living crisis by “prodigiously” hiking land tax slabs and levies for contract carriages and electric vehicles, chiefly two-wheelers. In a Facebook post, Mr. Satheesan described the government’s new tax regime, … Read more

Chandrababu Naidu slams YSRCP for Andhra’s poor fiscal ranking in Niti report

Chandrababu Naidu slams YSRCP for Andhra’s poor fiscal ranking in Niti report

Andhra Pradesh Chief Minister N Chandrababu Naidu has raised concerns over the state’s deteriorating fiscal health under the previous YSR Congress Party (YSRCP) government, referencing its dismal ranking of 17th out of 18 general category states in the Niti Aayog Fiscal Health Index Report 2025. Andhra Pradesh ranked below Bihar, Odisha, and Jharkhand, states also … Read more

Efficient management helped Kerala overcome fiscal pressures, says K.N. Balagopal

Efficient management helped Kerala overcome fiscal pressures, says K.N. Balagopal

Efficient financial management and a record increase in the State’s own revenues helped Kerala withstand fiscal pressures in the 2023-24 fiscal, Finance Minister K.N. Balagopal said on Saturday. Speaking to reporters here after visiting the treasury on Saturday, the last working day of the 2023-24 fiscal, Mr. Balagopal said the government had made payments to … Read more

ICICI Bank slashes airport lounge access benefits on 21 credit cards with effect from April 1

ICICI Bank slashes airport lounge access benefits on 21 credit cards with effect from April 1

ICICI Bank credit cards airport lounge access: After HDFC Bank, IDFC First Bank, SBI Card, ICICI Bank has modified its airport lounge access benefits and reward points rules on its 21 credit cards. The revised benefits will be applicable from the new fiscal, i.e. April 1, 2024. As per a notification on the ICICI Bank … Read more

Centre confident of meeting FY23 fiscal gap target of 6.4%

Centre confident of meeting FY23 fiscal gap target of 6.4%

New Delhi: The Centre is expected to achieve the FY23 fiscal deficit target of 6.4% of gross domestic product (GDP) despite a downward revision in national income from the budgeted levels, said a person aware of the details. The actual FY23 fiscal deficit, in absolute terms, will likely be slightly lower than the revised estimate … Read more

India’s power consumption rises 10% in Apr-Feb to 1375 billion units, surpasses full fiscal energy supplies year ago

India’s power consumption rises 10% in Apr-Feb to 1375 billion units, surpasses full fiscal energy supplies year ago

The government data showed that power consumption in April-February 2021-22 was 1245.54 BU. File (representational image) | Photo Credit: Reuters India’s power consumption surged 10% to 1375.57 billion units (BU) during April-February this fiscal year and has already surpassed the level of electricity supplied in entire 2021-22. The government data showed that power consumption in … Read more

Kerala’s demands on infra, fiscal policy ignored, says State government

Kerala’s demands on infra, fiscal policy ignored, says State government

February 01, 2023 08:36 pm | Updated February 02, 2023 03:20 am IST – THIRUVANANTHAPURAM Chief Minister Pinarayi Vijayan. | Photo Credit: THULASI KAKKAT The Union Budget 2023 presented by Finance Minister Nirmala Sitharaman on Wednesday appears to have dashed Kerala’s expectations with respect to specific demands made on the infrastructure and fiscal policy fronts. … Read more