Telangana's budget for FY 2026-27 has reported a drop in total receipts, now at ₹3.01 lakh crore compared to the initial ₹3.24 lakh crore. This decline, highlighted by April revenue receipts of ₹10,974 crore, reflects the State's challenging financial circumstances.
Telangana's financial blueprint for 2026-27 fiscal year shows sharp contraction after just one month. Comptroller and Auditor General of India (CAG) now estimates State's total receipts at ₹3.01 lakh crore. A drop from the ₹3.24 lakh crore expenditure initially approved,including capital inflows.
Initial capital receipt projections were high, near ₹80,
On Wednesday, a CREDAI delegation met with Tamil Nadu Chief Minister C. Joseph Vijay, pressing for quicker project approvals. The Ramsar wetland designation affects more than 1.5 lakh patta holders, leading to planning paralysis and financial uncertainty for landowners.
BRIC Team
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BRIC Team
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BRIC Team
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BRIC Team
India's 32 lakh census enumerators are going back to households to correct data following a June 2 letter from Rajasthan's DCO that pointed out discrepancies. This effort arises amid claims of pressure to change findings, such as "open defecation" status, for the country’s first digital Census.
BRIC Team
Spot nickel prices fell on June 3, as SMM #1 refined nickel dropped by 450 yuan per metric ton. This decline was driven by renewed conflict in Gulf region and Shanghai's ambitious goal to achieve 55 trillion yuan in asset management by 2030.
BRIC Team
