The Finance Commission is a constitutionally mandated body established once every 5 yrs to devise a formula for distributing net tax proceeds between the Centre and the states

Key recommendations from the central government's advisories include promoting women in leadership and management roles, crafting gender-neutral job advertisements, among others

Terming the ruling BJD in Odisha as anti-tribal, opposition BJP alleged that the state government rolled out special packages for tribals only to woo them ahead of the Lok Sabha polls and the assembly elections. The BJD's programmes for adivasis are a poll gimmick to mislead the one-crore tribal population in the state, Opposition chief whip Mohan Charan Majhi told reporters here on Tuesday. They were actually planning to grab tribal land for corporate houses by amending the Odisha Scheduled Areas Transfer of Immovable Property (by Scheduled Tribes) Regulation. However, the government failed in its bid in the wake of strong protests from different quarters, Majhi claimed. The Odisha Cabinet on Monday withdrew its earlier decision on tribal land transfer to non-tribals. The BJP leader also mocked the cabinet's approval of a new scheme Laghu Bana Jatiya Drabya Kraya (LABHA) to assure minimum support prices for minor forest produces. With the elections approaching, the state govern

The composite PMI, which includes manufacturing and services, was at a four-month high of 50.9 in January compared with 50.3 the previous month

With inflationary pressures "receding rapidly," prospects for a soft landing were improving in Asia, he said

Expansions in the West are non-existent," said Giovanni Serio, Vitol Group's head of research

The panel will submit its report by Oct. 31, 2025 covering a period of five years commencing on April 1, 2026

Recent attacks on vessels in the Red Sea by Iranian-backed Houthi militants in Yemen have disrupted international commerce on the shortest shipping route between Europe and Asia

For instance, Heera Panna market reportedly offers counterfeit watches, footwear, accessories, and cosmetics that may have health and safety risks

But estimate falls below FinMin's 7% projection

NABARD has estimated a credit potential of Rs 3.97 lakh crore for priority sector lending in Karnataka during 2024-25, its Chief General Manager (CGM) T Ramesh said here on Tuesday. Speaking during the State Credit Seminar for Karnataka at their Regional Office, the NABARD CGM said the estimated credit potential is 10.67 per cent higher than the previous years' credit projection. Of the total, the share of agriculture sector including agri-infrastructure and ancillary activities is Rs.1.85 lakh crore (46 per cent), MSME sector is Rs.1.58 lakh crore (40 per cent) and other priority sector activities is Rs.0.54 lakh crore (14 per cent), a statement issued by NABARD quoted him as saying. In the wake of severe drought situation, NABARD has been complementing the efforts of State government by extending financial support to the tune of Rs 990 crore for 119 irrigation projects and Rs 611 crore for drinking water projects under Rural Infrastructure Development Fund and has sanctioned Rs 29