26 Mar 2026

A debate in the Rajya Sabha has brought attention to a significant gap between the Union Budget estimates and revised figures. TMC MP Saket Gokhale alleged that the NDA government revised its 2025-26 Budget Estimate by nearly INR 10 lakh crore. He highlighted major reductions in allocations across key sectors such as housing, sanitation, and employment, and raised concerns over underutilisation of funds in schemes like the Jal Jeevan Mission. The government was also criticised for high debt servicing costs and pending dues to states, particularly West Bengal.Read more

25 Mar 2026

Delhi's economic survey for 2025-26 indicates steady growth, with per capita income expected to reach around INR 5,31,610, marking a rise of nearly 8 per cent. The report highlights strong infrastructure, welfare spending, and a services-led economy as key drivers. While the government continues to maintain a revenue surplus, higher capital expenditure has led to an increase in fiscal deficit. Tax collections are projected to grow significantly, supported largely by GST and VAT. Overall, the data reflects a stable financial position with increased public spending aimed at long-term development.Read more

25 Mar 2026

The Thane Municipal Corporation has presented its INR 6,221.12 crore budget for the 2026-27 financial year, focusing on infrastructure, healthcare, education, and basic civic services while keeping municipal taxes unchanged. Revenue income is estimated at INR 4,078 crore, with the gap to be managed through internal earnings, grants, and borrowings. Key allocations include waste management, water supply, and ward-level facilities. The administration has also highlighted financial discipline, improved transparency, and sustainable development, while targeting completion of major ongoing civic projects by the end of 2026.Read more

25 Mar 2026

Delhi's per capita income is projected to reach INR 5,31,610 at current prices as per the Advance Estimates for 2025-26, reflecting a growth of 7.92% over the previous financial year. The economic survey presented in the Delhi Assembly also indicates that the city's per capita income remains significantly higher than the national average, at nearly 2.5 times. Alongside this, Delhi's Gross State Domestic Product is expected to grow by 9.42%, while revenue surplus and tax collections are also budgeted to increase, highlighting overall economic expansion.Read more

20 Mar 2026

The Chhattisgarh legislative assembly, led by the Chhattisgarh Legislative Assembly, approved the state's budget for FY 2026-27 with a total appropriation of INR 1.87 lakh crore and a net outlay of INR 1.72 lakh crore. Finance Minister O P Choudhary outlined that the budget focuses on inclusive growth, infrastructure, and welfare schemes. Key allocations include agriculture support, women's empowerment, and new missions in AI, tourism, and startups. The state also highlighted strong economic growth and ongoing policy efforts aimed at long-term development.Read more

17 Mar 2026

Akasa Air has entered into a strategic collaboration with Noida International Airport to establish an aircraft maintenance, repair and overhaul (MRO) facility within the airport premises. The initiative aims to strengthen India's aviation infrastructure and support the development of a domestic MRO ecosystem. The facility will handle a wide range of aircraft maintenance activities and is expected to improve operational efficiency while creating employment opportunities and promoting skill development in the region. The project also comes as India's aviation sector expands rapidly and seeks greater self-reliance in maintenance services.Read more

16 Mar 2026

Maharashtra is expected to contribute USD 1.5 trillion toward India's USD 5-trillion economy target by FY27, driven by infrastructure expansion, industrial growth, and strong investments. Key projects like the Mumbai Coastal Road, Atal Setu, and Navi Mumbai International Airport are enhancing connectivity and employment opportunities. Investments of nearly INR 2.96 lakh crore this year are projected to create around 3 lakh jobs. The state's focus on infrastructure, housing, and industrial development is transforming Mumbai into a competitive urban hub, supported by MoUs worth INR 30 lakh crore at international forums.Read more

14 Mar 2026

CREDAI MCHI Thane has welcomed the Maharashtra State Budget 2026 presented by Devendra Fadnavis, citing its focus on housing, infrastructure and economic growth. The industry body said the budget's emphasis on completing 3.57 lakh houses under Pradhan Mantri Awas Yojana and promoting rooftop solar energy will support affordable housing and sustainable development. It also highlighted the government's push for metro and highway projects, which are expected to improve regional connectivity and boost economic activity in Thane and other cities across Maharashtra.Read more

12 Mar 2026

Vedanta Chairman Anil Agarwal has called for urgent steps to develop India's domestic natural resources, warning that global conflicts are disrupting supply chains and affecting the country's energy imports. He pointed out that India imports nearly 90 per cent of its oil, 95 per cent of its copper and 99.5 per cent of its gold despite having strong geological potential. Drawing from more than four decades in the mining, metals and oil sectors, Agarwal said expanding domestic production could reduce import dependence while generating jobs, industries and exports. He also emphasised the need for policy reforms and globally competitive mining companies.Read more

11 Mar 2026

Karnataka Chief Minister Siddaramaiah presented the state's largest budget, allocating INR 4,48,004 crore (around USD 54.7 billion) to promote balanced development, combining social welfare with infrastructure and economic transformation. Key initiatives include an IT Park in Mangaluru, making Mysuru the second IT city, and establishing a Bengaluru Robotics and AI Innovation Zone. The budget also focuses on education, healthcare, water projects, regional development, and employment generation. Revenue and fiscal deficits are projected within legal limits. The plan reflects a long-term framework, known as the "11G model," guiding Karnataka's growth and addressing regional and social disparities.Read more