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…
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Pune, Feb 3 (IANS) Foreign affairs expert Dr. Shailendra K. Deolankar has described the India-US trade agreement as a significant victory for New Delhi, stating that the withdrawal of steep tariffs imposed by America will revive key labour-intensive export sectors and strengthen India’s position in global trade. Speaking about the development, Dr. Deolankar recalled that in April 2025, US President Donald Trump had announced a 50 per cent tariff on certain Indian goods, including an additional…
Bengaluru, Feb 1 (IANS) Karnataka Leader of the Opposition R. Ashoka said on Sunday that the Union Budget 2026-27 is another significant step towards a developed India, and stressed that the Bengaluru-Hyderabad high-speed rail route will further strengthen Bengaluru’s position as a key economic hub of South India. “The announcement of seven high-speed rail corridors in the budget will inject fresh momentum into economic activity by rapidly connecting major cities across the country. The Bengal…
Guwahati, Feb 1 (IANS) The Federation of Industry and Commerce of the North Eastern Region (FINER) on Sunday expressed satisfaction with the Union Budget 2026-27, terming it a well-balanced and growth-oriented budget that addresses the needs of industry while maintaining fiscal discipline.The FINER, the key industrial body of the Northeast region, welcomed the government’s emphasis on reform over rhetoric and said the fiscal consolidation glide path has been maintained as targeted.It particula…
Mumbai, Jan 27 (IANS) The Maharashtra cabinet, chaired by Chief Minister Devendra Fadnavis, on Tuesday approved the waiver of stamp duty on the purchase and sale of enemy property at the time of initial registration. The Custodian of Enemy Property of India (CEPI), under the control of the Home Department of the Central Government, preserves, manages and sells enemy property. The Custodian of Enemy Property Act, 1968, allows the sale of enemy property.There are a total of 428 enemy properties in…
New Delhi, Jan 6 (IANS) Bank credit growth in India remained resilient, as gross banking credit (GBC) rose 7 per cent to Rs 1,95,273 billion in eight months of FY26 till November end, driven mainly by retail loans, a report said on Tuesday.The report from Crisil Intelligence said secured retail lending — notably housing and gold loans — accounted for a larger share of incremental credit. It said retail credit accounted for about one‑third of gross banking credit.Unsecured loan growth moderat…