New Delhi, March 24 (IANS) While presenting Budget 2025-26, Delhi Chief Minister Rekha Gupta said on Tuesday that, on the capital receipts side, the government will raise funds from multiple channels, including Rs 16,700 crore market borrowings routed via RBI. Additionally, Rs 2,500 crore will be received as interest-free loans under the Special Assistance to the States for Capital Investment (SASCI) scheme, launched by the Ministry of Tourism in 2025.External aid for projects, including t…
Latest GST News & Updates
New Delhi, March 24 (IANS) Naveen Jindal, Member of Parliament from Kurukshetra in Haryana, strongly endorsed the Finance Bill, 2026 in the Lok Sabha on Tuesday, describing it as a transformative and forward-looking roadmap that will shape the future of 140 crore Indians.He emphasised that India’s growth story is being powered by the combined strength of its taxpayers and the private sector — both of whom are indispensable partners in nation-building.Highlighting the critical role of the pri…
New Delhi, March 24 (IANS) India’s construction industry is likely to see a 3–5 per cent rise in costs across asset classes in 2026 amid rise in labour costs and higher metal prices, a report said on Tuesday.Developers who embrace workforce formalisation, leverage GST savings strategically, and invest in technology adoption will emerge as leaders in this dynamic landscape, the report noted.The report from real estate services firm JLL said material costs showed mixed trend in 2025 as cement,…
New Delhi, March 24 (IANS) After Zomato, food delivery platform Swiggy has raised platform fee, increasing it by 17 per cent to Rs 17.58 per order from Rs 14.99 earlier. The revised charges, as per its billing on the app, suggest a hike of around 17 per cent or Rs 2.59, including pre-GST, just days after rival Zomato revised similar category charges.The revised fee is now visible on the Swiggy app, with the company informing users that the increase is aimed at helping it “operate and maintain …
Shimla, March 21 (IANS) In a first in the state’s history, Himachal Pradesh has slashed its budget size by Rs 3,586 crore with the outlay down to Rs 54,928 crore for 2026-27 from the current fiscal of Rs 58,514 crore. Justifying the decision, Chief Minister Sukhvinder Singh Sukhu, in his Budget speech, informed the Assembly that the decision to cut the outlay was to tackle a mounting debt trap left by the previous BJP regime. He said the time to take populist measures was over, as there was a …
New Delhi, March 13 (IANS) The corporate earnings in India have shown strong momentum, with profits of companies in the Nifty 500 index rising 16 per cent year-on-year (YoY) in the third quarter of FY26 — an eight-quarter high and one of the strongest reporting seasons in recent years, a report said on Friday.The latest reporting season reflects a broad-based recovery in profitability, which provides a more supportive foundation for equity markets going forward, according to Bajaj Finserv AMC r…
New Delhi, March 11 (IANS) Indian Railways gave a subsidy of Rs 60,239 crore on passenger tickets in 2024-25, amounting to a concession of 43 per cent on average, to every traveller, or, in other words, if the cost of providing service is Rs 100, then the price of the ticket is Rs 57 only, Railways Minister Ashwini Vaishnaw informed the Parliament on Wednesday.This subsidy is continuing for all passengers. Further, concessions beyond this subsidy amount are continuing for many categories, like f…
Jaipur, March 10 (IANS) Chief Minister Bhajanlal Sharma on Tuesday stated that a robust revenue system plays a crucial role in accelerating the state’s development and ensuring that the benefits of public welfare schemes reach the last person in society. He claimed that with this objective, the State Government is continuously working to strengthen revenue collection while also developing a transparent and simplified tax regime.Sharma noted that several initiatives, including a zero-toler…
Mumbai, March 10 (IANS) Former Finance and Cooperation Minister Dilip Walse-Patil on Tuesday sought the intervention of the state government and the Centre to urgently assist the cooperative sugar industry in Maharashtra, which is reeling under a huge financial crisis. In his speech during the discussion on the budget in the state assembly, Walse-Patil, who is an NCP legislator, said that adverse weather conditions have led to a 15 per cent drop in sugarcane production across the state this year…
New Delhi, March 10 (IANS) India Inc delivered robust performance in Q3 FY26, with net sales rising 11.4 per cent following 10 per cent growth in the prior quarter, a report said on Tuesday.Though net sales grew at a healthy pace, the growth in operating profit moderated to 12 per cent in Q3 FY26 from 15.7 per cent in the previous quarter, weighed by rising expenditure of the companies.The overall expenditure rose by 11.2 per cent in Q3, up from 8.7 per cent in the previous quarter, the report f…