Economy
Bihar is trapped in a fiscal cycle where debt sustains expenditure but rarely builds assets. Here is a state which behind electoral fervour and populist promises struggling to balance ambition with capacity.
The government debt of West Bengal is expected to outgrow 8 lakh crore by the financial year 2025-26, and it is a considerable increase in the fiscal burden of the state that has already raised eyebrows among economic analysts and political critics.
Finance Minister Nirmala Sitharaman underscored the significance of leveraging technology for the common good, while warning against its potential misuse. During her address at the Global Fintech Fest 2025, she stressed the necessity of avoiding the weaponization of technology, advocating for its application in ways that benefit the public.
Prime Minister Narendra Modi on Sunday said the Centre has circulated the draft of the next-generation GST reforms among states and sought their cooperation to implement the proposal before Diwali.
Prime Minister Narendra Modi addressed the nation from the Red Fort on the occasion of the 79th Independence Day. In what was his longest speech on Independence Day in the past 12 years, PM Modi emphasized the vision of creating a Viksit Bharat (developed nation) and made significant announcements, including forthcoming GST reforms and the Pradhan Mantri Viksit Bharat Rozgar Yojana aimed at the youth.
United States President Donald Trump has imposed 25 per cent tariff on India’s goods. The…
The “multifaceted personality”, Lord Meghnad Desai was an eminent economist, holder of India’s third-highest civilian honour and a member of the United Kingdom’s House of Lords has passed away on Tuesday (July 29th, 2025) at the age of 85.
A new report by India’s top government auditor, the Comptroller and Auditor General (CAG), has found serious problems in how Bihar used public money in 2023–24. According to the report, the State government spent over ₹70,000 crore without giving any proof of how or where the money was used.
The Parliament panel report on new Income Tax Bill, 2025, which would replace the six-decade old Income Tax Act, is scheduled to be tabled in the Lok Sabha on Monday.
Advertisement
