Author: xorance@gmail.com

India’s ‌fiscal deficit in April-February was ₹​12,50,000 crore or 80.4% of the estimate for ‌the financial year ending March 31, ‌government data ‌showed ⁠on Monday (March 30, 2026).Net ⁠tax receipts at ₹21,50,000 rupees, up from ₹20,20,000 collected in the same period a year ago.Non-tax ‌revenue at ₹5,80,000 crore, compared with ₹4,90,000 crore a year ago.Total government ‌expenditure at ₹40,40,000 crore compared with ₹38,90,000 crore a year earlier.Capital expenditure, ‌or spending on ​building physical infrastructure, at ₹9,30,000 crore ⁠against ₹8,10,000 crore a ⁠year ago. Published – March 30, 2026 10:58 pm IST Source link

Finance Minister Nirmala Sitharaman speaking in Lok Sabha during the Budget Session of Parliament, in New Delhi on Monday. | Photo Credit: ANI Finance Minister Nirmala Sitharaman on Monday (March 30, 2026) defended the Insolvency and Bankruptcy Code (IBC) in Parliament, citing the high level of realisations from the distressed assets, recovery for creditors, and turnaround of companies that have emerged from the resolution process.Replying to the debate on the Insolvency and Bankruptcy (Amendment) Bill 2026, the Finance Minister said that the point of the IBC was not debt recovery, but instead the rescue of viable businesses and addressing their…

During the April-February period of FY26, India’s industrial production growth remained flat year-on-year at 4.1%. File image for representation | Photo Credit: Reuters India’s industrial production grew 5.2% in February, mainly due to an improvement in manufacturing output, according to official data released on Monday (March 30, 2026).The factory output, measured in terms of the Index of Industrial Production (IIP), expanded by 2.7% in February 2025, an official statement said.The National Statistics Office (NSO) revised the industrial production growth for January 2026 to 5.1% from the provisional estimate of 4.8% released earlier this month.NSO data further showed that the manufacturing…

Rajasthan Royals’ Vaibhav Sooryavanshi plays a shot during a practice session ahead of an Indian Premier League (IPL) 2026 T20 cricket match between Rajasthan Royals and Chennai Super Kings, at ACA Stadium, Barsapara, in Guwahati, Assam, Sunday, March 29, 2026. | Photo Credit: PTI After a historic debut, the prodigious Vaibhav Sooryavanshi returns for his second IPL season with the Rajasthan Royals, aiming to dismantle bowlers and dominate the powerplay.Turning out for RR last season, the 15-year-old played seven matches, scoring 252 runs, including a blistering 35-ball century and a strike rate exceeding 200, numbers that established him as the…

File photo of Varun Chakravarthy | Photo Credit: B. Jothi Ramalingam Ranked No. 2 in the ICC men’s T20I bowlers’ rankings and the joint-highest wicket-taker in India’s successful Men’s T20 World Cup title defence, Varun Chakaravarthy entered the Indian Premier League with considerable expectations. Yet, over the last month, the mystery spinner has appeared a shadow of his usual self.The trend that began in the closing stages of the T20 World Cup continued at the Wankhede Stadium on Sunday night, where Mumbai Indians openers Rohit Sharma and Ryan Rickelton took him apart in Kolkata Knight Riders’ season-opener. With KKR’s pace…

Kolkata Knight Riders’ Cameron Green plays a shot during the Indian Premier League cricket match between Mumbai Indians and Kolkata Knight Riders in Mumbai | Photo Credit: AP Kolkata Knight Riders (KKR) Captain Ajinkya Rahane addressed a question regarding Cameron Green after the all-rounder did not bowl in the match against the Mumbai Indians in the Indian Premier League (IPL) 2026 match on Sunday. Notably, KKR lost by six wickets despite scoring 220/4.During the post-match presentation, when asked why Green didn’t bowl, Rahane responded that the question should be asked to Cricket Australia.“That question you need to ask Cricket Australia,”…

Mumbai Indians bowler Shardul Thakur celebrates a wicket during the IPL 2026 match against Kolkata Knight Riders in Mumbai on March 29, 2026 | Photo Credit: Emmanual Yogini He has been part of the Indian Premier League for over a decade. Besides representing five franchises till the last season, he has featured in two title-winning campaigns. Yet, Shardul Thakur would have felt a few butterflies while marking his run-up on Sunday evening.For the first time, he was turning out for Mumbai Indians — his home franchise. And Mumbai’s Ranji Trophy captain made it a memorable outing, returning Player-of-the-Match figures of…

Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto You can set up systematic investment plans (SIPs) on exchange-traded funds (ETFs) to accumulate wealth to achieve life goals. You can also actively trade ETFs to capture short-term gains from their price movements. In this article, we discuss how to set up a simple process to do both.The core-satellite framework refers to the process of simultaneously creating goal-based (core) portfolios and a trading (satellite) portfolio. The objective is to profit from short-term trends in the market without compromising on your life goals.Now, suppose you invest in an ETF on…

File photo of Union Finance Minister NIrmala Sitharaman. FI | Photo Credit: ANI/Sansad TV Ever regretted buying an insurance policy? Yeah? Me too! It happens to many of us and for various reasons. One of them is mis-selling.This column often advises readers to do homework before committing money to an insurance policy, warning them against ‘mis-buying’. But what is mis-selling?If you have bought an insurance policy relying on advice and discover later that you have to pay annual premiums on what was sold to you as a single premium policy, if you realise there is a lock-in period for exiting…

Central government has made an ad hoc allocation of Public Distribution System (PDS) kerosene to States and Union Territories for household use, introducing a 60-day emergency measure to ease pressure on cooking gas LPG. File | Photo Credit: B. Jothi Ramalingam The Central government has made an ad hoc allocation of Public Distribution System (PDS) kerosene to States and Union Territories for household use, introducing a 60-day emergency measure to ease pressure on cooking gas LPG.The kerosene is to be used for cooking and lighting needs, according to an official order.PDS kerosene will be reintroduced temporarily in 21 States and…