Within a week of Finance Minister Nirmala Sitharaman presenting the Union Budget for the financial year 2025-26 (Apr-Mar), states will begin unveiling their budgets, with Kerala leading the way. Kerala's Finance Minister K.N. Balagopal is set to present the state's Budget for FY26 on Feb. 7. Four other states have announced their budget dates: West Bengal on Feb. 12, Rajasthan on Feb. 19, Gujarat on Feb. 20, and Karnataka on Mar. 14.Register to read
To tackle a backload of more than 62,000 cases pending with high courts all over India, the Supreme Court on Thursday relaxed some of the conditions for appointment of ad-hoc judges in these courts. Article 224 of the Indian Constitution allows the chief justice of a high court to request retired high court judges to perform the duties of a judge again, with the permission of the President. However, it was rarely invoked for such appointments.Register to read
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Bajaj Finserv Ltd.'s consolidated net profit for Oct-Dec was INR 22.31 billion, up 3.4% from INR 21.58 billion a year ago. Consolidated revenue for the quarter rose 10.3% to INR 320.42 billion from INR 290.38 billion a year ago.Register to read
Residents of Kerala spent a tenth of their Monthly Per Capita Consumption Expenditure for medical purposes in 2023-24 (Aug-Jul)--the highest in India--according to the statistics ministry's report of the latest Household Consumption Expenditure Survey.Register to read
A sharp jump in other income and an increase in interest income helped Bank of Baroda to post a net profit of INR 48.37 billion in the December quarter, up nearly 6% higher on year, beating Street estimates. Analysts had pegged the net profit of the state-owned bank at INR 43.79 billion. Sequentially, however, the bank's net profit fell almost 8%. Register to read