CAG pulls up govt for IGST mess

The CAG has pulled up the union government for adopting an erroneous process of devolution of IGST to states and short-transfer of cesses to reserve funds, which resulted in under-reporting of......

RBI asked to maintain inflation target of 4% till March 2026

The government on Wednesday asked the Reserve Bank to maintain retail inflation at 4 per cent with a margin of 2 per cent on either side for another five-year period ending March 2026. IMAGE: RBI......

The Budget: A Reality Check

Do the actual numbers bear out the claims made by the government or do they suggest something else? asks A K Bhattacharya. Illustration: Dominic Xavier/Rediff.com   Four weeks ago the Union......

Going easy on loans: FM brings transparency in off-budget borrowings

Sitharaman does away with loans from National Small Savings Fund to Food Corporation of India. Illustration: Dominic Xavier/Rediff.com The government has brought further transparency in the fiscal......