Shimla, March 20 (IANS) Himachal Pradesh’s economy continued to move on a strong and resilient growth trajectory, Chief Minister Sukhvinder Sukhu said on Friday. Tabling the Economic Survey for 2021-22 in the Assembly, CM Sukhu, who also holds the finance portfolio, said as per the advance estimates for 2025-26 the state’s Gross State Domestic Product (GSDP) at current prices is estimated at around Rs 2.54 lakh crore, registering a healthy growth of about 10.1 per cent over the previous year…
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Hyderabad, March 20 (IANS) Telangana Deputy Chief Minister and Finance Minister Mallu Bhatti Vikramarka on Friday presented a budget of Rs 3.24 lakh crore for 2026-27.Presenting the third full-fledged budget of the Congress government in the state Assembly, he pegged the revenue and capital expenditure at Rs 2.34 lakh crore and capital expenditure at Rs 47,267 crore respectively.“For the financial year 2026-27, I propose a total expenditure of Rs 3,24,234 crore, revenue expenditure of Rs 2,34,…
New Delhi, March 12 (IANS) Amid deepening economic crisis as West Asia conflict rages, Pakistan has announced a series of temporary austerity measures aimed at reducing government expenditure and conserving fuel, according to a report.Pakistan’s state-owned Radio Television of Afghanistan (RTA) said that among the steps announced are reductions in fuel allocations for government vehicles and temporary cuts to salaries and allowances of public officials.Fuel allocations for government vehicles wi…
Mumbai, March 11 (IANS) Chief Minister Devendra Fadnavis on Wednesday announced that Maharashtra will become the first state to achieve one trillion dollar economy by 2029 and become five trillion dollar economy by 2047. He said the size of the state economy is $660 billion in 2025-26 and it has to add another $340 billion to become one trillion dollar economy.He added that the state has added a record $55 billion in one year reiterating that state will achieve one trillion dollar economy status…
Itanagar, March 10 (IANS) Arunachal Pradesh Deputy Chief Minister Chowna Mein on Tuesday said the state possesses the largest hydropower potential in the country, estimated at around 58,000 MW, and the government aims to harness this resource to accelerate green energy generation and economic transformation. Presenting the state budget for 2026-27 in the Assembly, Mein, who also holds the Finance portfolio, said the government has declared 2025-2035 as the Decade of Hydro Power to ensure focu…
Kathmandu, March 8 (IANS) Nepal election results may offer a chance to reset Kathmandu’s relations with India — which have been less than warm of late — with a strong government now expected in the Himalayan nation that can provide the impetus needed to break the ice. The India-Nepal Treaty of Peace and Friendship of 1950 forms the basis of bilateral relations, emphasising open borders and cultural kinship. India has been a key development partner for Nepal, contributing to trade and investm…
Chandigarh, March 8 (IANS) Hours ahead of presenting proposals for the AAP government’s last and fifth Budget in the Assembly, Punjab Chief Minister Bhagwant Mann on Sunday extended greetings to mark International Women’s Day, and promised to make them self-reliant in every way.“I salute every daughter and sister who, through their hard work and courage, is bringing glory to Punjab’s name worldwide,” CM Mann wrote on X.“Punjab’s progress is only possible by walking shoulder to should…
New Delhi, March 5 (IANS) Policymakers and businesses in Asia must remain agile and financially strong as the world faces more frequent and unpredictable shocks, Kristalina Georgieva, Managing Director of the International Monetary Fund, said on Thursday.Speaking at a conference in Bangkok, Georgieva said the global economy is entering a period of constant uncertainty where countries need to be ready for new challenges that can emerge at any time.She stressed that governments should focus on str…
Mumbai, March 5 (IANS) Maharashtra’s public debt is set to climb to a staggering Rs 9.32 lakh crore in 2025-26, even as the state projects a strong 7.9 per cent economic growth that edges past the national forecast, according to the pre-budget Economic Survey presented in the Maharashtra Assembly on Thursday.Minister of State for Finance, Ashish Jaiswal, tabled the document, which paints a picture of robust expansion fueled by impressive GST inflows and buoyant market sentiment, while underscori…
New Delhi, March 5 (IANS) The pressure tactics of the Donald Trump administration have triggered a change in what was a strengthening India-US relationship, according to an article in a prestigious journal.Indian leaders initially assumed the United States would prioritise their partnership as part of a larger plan to compete with China, but this did not happen, which has forced New Delhi to look for alternative partnerships, according to the article in Foreign Affairs magazine.The article consi…