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States' liabilities rise to Rs.90.5 tn in FY25, many breach fiscal gap limit: CAG

New Delhi, June 16 -- Finances of Indian states are under strain, with rising debt levels and many breaching fiscal discipline norms, indicating greater borrowing pressures to meet spending needs. Th... Read More


GIC Re offer for sale subscribed 3.72 times on day 1; govt to offer additional 3% stake

New Delhi, June 16 -- The Indian government's offer for sale (OFS) in General Insurance Corporation of India (GIC Re) received a strong response from investors on Tuesday, the first day of bidding, wi... Read More


US-Iran peace deal may ease pressure on textile sector, but industry wary of quick recovery

New Delhi, June 16 -- The textile and apparel sector is cautiously welcoming the US-Iran peace agreement, with industry executives saying the deal could ease supply chain disruptions and lower input c... Read More


India faces challenges from tariff shocks, supply disruptions: Sitharaman

New Delhi, June 15 -- Finance minister Nirmala Sitharaman on Monday said India faces the same challenges confronting businesses, with tariffs, commodity price volatility, supply-chain disruptions and ... Read More


US-Iran peace pact may boost India's economic outlook, soften inflation and fiscal risks

New Delhi, June 15 -- NEW DELHI: The US-Iran peace agreement is expected to strengthen India's macroeconomic outlook by easing pressure on inflation, the current account deficit and government finance... Read More


Mint Explainer | Why India's growth upgrade stands out amid a slowing Asia

New Delhi, June 15 -- NEW DELHI: The World Bank's modest upward revision to India's growth outlook for FY27 has landed in an unusual global setting. The lender raised its forecast to 6.6%, up just 0.1... Read More


Centre brings modern medical screening and consent norms to Siddha therapies

New Delhi, June 14 -- Patients undergoing Siddha therapies such as Pugai (fumigation) and Poṭi Timirtal (powder rubbing) will now be subject to pre-treatment screening, written informed consent ... Read More


Govt extends deadline for implementing new norms for crop spraying equipment, ensures availability during kharif season

NEW DELHI, June 12 -- The government has extended the deadline for implementing revised quality standards for crop protection spraying equipment, giving manufacturers more time to comply with the norm... Read More


World Bank raises India FY27 growth forecast to 6.6% despite West Asia war-led global slowdown

New Delhi, June 11 -- The World Bank has marginally raised India's growth forecast for 2026-27 to 6.6% from the 6.5% projected in January, making it one of the few major economies to see an improved o... Read More


PM asks states to focus on investment, skilling and ease of doing business to achieve Viksit Bharat

New Delhi, June 11 -- Prime Minister Narendra Modi on Thursday called on state governments to take the lead in attracting investments, improving ease of doing business and building a skilled workforce... Read More