Patna, Feb 23 (IANS) The Chief Minister Nitish Kumar-led Bihar government has tightened restrictions on treasury withdrawals exceeding Rs 1 crore, making prior permission mandatory. The decision, taken ahead of the March closing of the 2025–26 financial year, has triggered a fresh political confrontation, with the Opposition alleging a severe financial crisis and the ruling alliance dismissing the claims as baseless.Reacting sharply to the decision, Ranvijay Sahu, General Secretary of the Rash…
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Mumbai, Feb 23 (IANS) Former Maharashtra CM and Shiv Sena-UBT president Uddhav Thackeray on Monday said he had never imagined that he and the late former Deputy Chief Minister Ajit Pawar would come together, as both parties were politically opposed to each other.Showering praise on Ajit Pawar’s command over administration, Thackeray noted that he had been his pillar of support during the Maha Vikas Aghadi (MVA) government. Speaking during the condolence motion in the Maharashtra Legislative Coun…
New Delhi, Feb 22 (IANS) The Haryana Government on Sunday de-empanelled IDFC First Bank and AU Small Finance Bank from handling government business with immediate effect after an alleged fraud of around Rs 590 crore came to light.In an official circular, the state government said both banks have been barred from carrying out any government-related transactions in Haryana until further orders.It directed all departments, boards, corporations and public sector undertakings to stop using these bank…
Bengaluru, Feb 18 (IANS) Deputy Chief Minister D.K. Shivakumar on Wednesday responded sharply to the Karnataka State Contractors’ Association’s threat to launch a statewide strike on March 5 over alleged unpaid bills of nearly Rs 37,000 crore to Rs 37,370 crore, stating that the government would release payments only as per budgetary provisions.Speaking to reporters in Bengaluru, Shivakumar challenged the contractors to go ahead with their proposed strike if they wished.“Let the contractor…
Bhopal, Feb 17 (IANS) The Madhya Pradesh government on Tuesday presented the third supplementary budget for the financial year 2025-26 in the State Assembly, providing additional funds totalling Rs 19,287.32 crore to meet emerging requirements and strengthen key sectors. Deputy Chief Minister and Finance Minister Jagdish Devda tabled the Third Supplementary Estimates, which include Rs 8,934.03 crore in revenue provisions and Rs 10,353.29 crore in capital provisions.A significant allocation of Rs…
Kochi, Feb 17 (IANS) The Kerala High Court, in its order on Tuesday staying the Nava Kerala Survey, made serious observations against the CPI(M) headed by State Secretary M.V. Govindan. It also came down heavily on the Kerala government.The Division Bench pointed out that the party appeared to have had prior knowledge of the survey.The court questioned how the party came to know about a government decision in advance and noted that no credible explanation was offered in this regard.Before the go…
Chennai, Feb 16 (IANS) Tamil Nadu can achieve its ambitious $1-trillion economy milestone by 2031 if it sustains its 2024-25 nominal growth rate of 16 per cent, according to the Economic Survey of Tamil Nadu 2025-26. The projection assumes a medium-term 2 per cent annual appreciation in the value of the US dollar against the rupee.If the dollar strengthens at a higher short-term rate of 3.5 per cent annually, the milestone could be delayed by a year, the Survey noted.The 263-page report, prepare…
Chennai, Feb 15 (IANS) The Tamil Nadu government is expected to release its second Economic Survey on Monday (February 16, 2026), a day ahead of the presentation of the interim Budget for 2026–27 in the State Assembly. The document, prepared by the State Planning Commission with substantial inputs from the Finance Department, is anticipated to provide a comprehensive assessment of the State’s economic performance and policy direction.Sources indicate that the latest edition of the Survey wil…
Bengaluru, Feb 14 (IANS) BJP state president and MLA B.Y. Vijayendra has alleged that the Congress-led Karnataka government diverted a special grant released by the Centre for specific schemes and utilised it for other projects and departments at its discretion, despite lacking the authority to do so.Addressing a press conference at the BJP state headquarters, Jagannath Bhavan, in Bengaluru on Saturday, Vijayendra claimed that, according to information available to him, the state government and …
Shimla, Feb 10 (IANS) Himachal Pradesh Chief Minister Sukhvinder Sukhu on Tuesday reaffirmed the state’s commitment to the Old Pension Scheme (OPS) and various public welfare initiatives, despite the Central government’s withdrawal of the Revenue Deficit Grant (RDG).Chief Minister Sukhu emphasised the government would continue these schemes by mobilising its own resources, ensuring that the rightful entitlements of the people remain protected under all circumstances.Refuting the Opposition’s…