Finance

Finance Minister Nirmala Sitharaman said she declined the BJP's offer to contest elections pleading that she did not have the 'kind of fund' required to contest the Lok Sabha polls.
 

Adithyan, a 23-year-old employed at a private finance firm, was brutally hacked to death by a group of unidentified assailants at Ooruttukaala junction in Neyyattinkara, Thiruvananthapuram on Wednesday (Mar 27).
 

Union Finance Minister Nirmala Sitharaman rebuts Karnataka's drought relief funds plea, suggesting the Supreme Court decide on responsibility. She assures funds are allocated per Finance Commission recommendations, dismissing discrimination claims. Sitharaman emphasizes proper procedures for fund disbursement and advocates for prudent fiscal planning over hasty free schemes.

The Kerala government has raised concerns about its borrowing ceiling, alleging Centre's interference in regulating the state's finances. The Centre argued in the Supreme Court that Kerala has been overborrowing in recent years, citing statistics.
 

As the financial year is nearing end, the Union Finance Ministry, in a notification, has directed all the Income Tax offices across the country to remain open on the last Sunday of this month. 

The mustering process in the ration shops across the state was disrupted due to ongoing e-POS server failures from Friday( March 15). s. Due to the server strike, the KYC process in the state's ration shops has been delayed. 

An analysis by the Association of Democratic Reforms reveals the Bharatiya Janata Party (BJP) as the top recipient of electoral bond funding, securing Rs 7,721.4 crore since 2017. In contrast, the Indian National Congress received Rs 1,810 crore, while regional parties like BJD also relied heavily on this financing method.

Kerala Finance Minister K N Balagopal assured that social security and welfare pension beneficiaries would receive three installments of pension arrears before Vishu.

In a shocking development, a branch of the National Bank of Pakistan (NBP) in Karachi, Pakistan, recently received bundles of misprinted currency notes of Rs 1000 denomination issued by the State Bank of Pakistan (SBP). 

In a financial twist, Pakistan finds itself grappling with a notable surge in external public debt, witnessing an unprecedented increase of $1.2 billion over the past six months. The implications of this economic development cast a shadow on the nation's fiscal stability, triggering concerns among investors and international markets alike.

Despite the abolition of policies like the Freight Equalization Scheme, the northern and eastern states continue to grapple with the legacy of exploitation and developmental setbacks, says S Gurumurthy

The Delhi CM congratulated the women of Delhi after the Delhi Finance Minister Atishi announced the transfer Rs 1000 per month to every woman above 18 years of age under the 'Mukhyamantri Mahila Samman Yojana' for the financial year 2024-25.

The salary of the state government employees, which was delayed for three days, will be credited today. The salary of employees working in 12 departments including agriculture, fisheries, animal husbandry, cooperation, and industries is to be paid.

The suspension of salaries for state government employees has been attributed to a financial crisis. However, the Treasury Department and the Finance Department have declined to provide further clarification, citing technical issues.

The Central Government has allocated Rs 4000 crore to Kerala amid the financial crisis in the state after a reduction in the borrowing limit.