Latest News, Updates & Breaking Headlines
NEW DELHI: India estimates a lower fertiliser consumption during the Kharif sowing season in the light of IMD’s forecast of below normal monsoon, a top govt official said on Monday, adding the demand for urea is now estimated at 190 lakh tonnes against the earlier projection of 194 lakh tonnes.The demand of Diammonium Phosphate (DAP)…
A CAG report revealed Arvind Kejriwal’s former Delhi residence renovation cost ₹33.6 crore, significantly exceeding estimates. NEW DELHI: Renovation work at former Delhi CM Arvind Kejriwal’s then official residence (6, Flagstaff Road), was completed with Rs 33.6 crore, 342% above the estimated cost, said a CAG report tabled in the assembly on Monday.The Comptroller and…
NEW DELHI: A parliamentary panel has recommended to the finance ministry to allocate funds for fertiliser subsidy at the budget estimate (BE) stage to ensure that allocations are as close as possible to actual requirements.The standing committee on fertiliser, in its report submitted in Parliament on Friday, said the practice of parking subsidies in subsequent…
Global brokerage firm Goldman Sachs has upgraded its outlook for India’s economic growth and lowered its estimate of the country’s current account deficit (CAD) after the announcement of the India-US trade deal. The firm cited the positive impact of lower US tariffs on Indian exports as a key reason for the improved assessment.Reacting to the…
The Congressional Budget Office has lowered its projection of how much President Donald Trump’s tariff increases will reduce US budget deficits over the next decade. The non-partisan agency now expects the duties to cut deficits by $3 trillion through 2035, down from the $4 trillion estimated in August, as per news agency Reuters.According to the…
The Centre’s fiscal deficit reached 36.5 per cent of the full-year target at the end of the first half of FY26, data released by the Controller General of Accounts (CGA) on Friday showed.During the same period last year, the fiscal deficit had stood lower at 29 per cent of the Budget Estimates (BE) for 2024–25,…
AI generated image for representation Amazon has dismissed a recent report that alleged the company was planning to replace 600,000 jobs with robotic automation. The e-commerce giant called the report, which is based on internal documents, “wrong” and “incomplete.” The New York Times report in question cited several internal strategy documents to claim that Amazon…
