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The central government’s fiscal deficit stood at 52.6% of the full-year target at the end of October 2025, data released by the Controller General of Accounts (CGA) on Friday showed. In the same period last year, the deficit was 46.5% of the 2024-25 Budget Estimates (BE).In absolute terms, the fiscal deficit – the gap between…
MUMBAI: India’s economic momentum is shifting toward its lower-income or emerging states, which are beginning to accelerate and narrow the gap with their richer peers. This trend of growth convergence marks a departure from the pre-pandemic years between FY13 and FY19, when richer states consistently expanded faster, an HSBC report said. The convergence, which is…
PATNA: In Bakhtiyarpur’s Machariyawa village, Usha Devi received Rs 10,000 under Mukhyamantri Mahila Rojgar Yojana and also the revised old age pension of Rs 1,100 straight into her bank account.In Vaishali, Gudiya dropped in at a “cash point” in her village to check if the money due to her has been transferred. “May be because…
NEW DELHI: After the EC announced a pan-India SIR, including West Bengal, the Mamata Banerjee government went for one of the biggest one-day shake-up transferring over 500 bureaucrats. Though dated October 24, the transfer orders were uploaded in phases on the department’s website both before and after the Election Commission announced the SIR.Transfer orders for…
In the wake of the devastating stampede in Karur, the TVK has stepped forward, offering ₹20 lakh to each of the 41 families affected, alongside the state government’s provision of ₹10 lakh. Actor Vijay has called upon party members to skip Diwali festivities out of respect for the victims. KARUR: TVK has transferred 20 lakh…
The government has announced that all the new centrally sponsored schemes should use Aadhaar authentication for direct benefit transfers. Alongside, payments should be processed using the Aadhaar Enabled Payment System to ensure more transparency.Ahead of the Union Budget for 2026-27, the department of expenditure (DoE) has instructed ministries and state governments to make digital and…
Emirates NBD ends OTP codes, makes app approval mandatory for transactions Emirates NBD will replace one-time passwords (OTPs) sent by SMS or email with app-based verification through its ENBD X mobile app, starting a phased rollout on 1 November 2025 and extending to debit/credit card alerts soon after. The move follows a wider Central Bank…
