Tag: India
Fiscal stress rises, but government bets big on capex push
Expenditure Secretary has clearly stated that fiscal stress is “very much a reality,” especially in the backdrop of the ongoing West Asia conflict and disruptions in critical energy supply routes.
Government tests nationwide mobile-based disaster communication systems
Earlier in the day, Union Home Minister Amit Shah and Minister of Communications Jyotiraditya Scindia launched the mobile-based disaster communication systems.
Centre slashes windfall tax on diesel and jet fuel export amid world price fluctuations
The May 2026 government decision to cut windfall tax on diesel and jet fuel exposure to global oil prices and domestic supply of fuel, in turn.
GST collections hit record ₹2.43 lakh crore in April 2026 amid global tensions
India records highest-ever GST collections of ₹2.43 lakh crore in April 2026, driven by strong imports and steady economic activity despite global geopolitical tensions.
Pakistan’s Petroleum Minister highlights petrol price stability in India, points out the importance of Strategic Oil Reserves
The war in Iran has led to a spike in petrol and diesel prices across the world. With Strait of Hormuz still closed, oil supplies across the world have been affected. However, one country has kept the prices stable- India.
Indian Govt tightens grip on prediction markets: VPN providers asked to block access
The Indian government has directed VPN providers to restrict access to banned prediction markets like Polymarket, highlighting growing regulatory challenges in the digital economy.