Gireesh Chandra Prasad

The Cabinet approved a ₹ 25,530 crore, five-year scheme merging two public distribution system programmes into Sarthak-PDS to improve last-mile food grain delivery for over 80 crore beneficiaries.

New Delhi, May 27 -- The cabinet approved a Rs.25,530 crore overhaul of its public food distribution network on Wednesday, merging two existing

Individuals below the exemption threshold are generally not required to file returns unless they meet specific conditions such as high electricity consumption, foreign travel spending or ownership of foreign assets.

The Insolvency and Bankruptcy Code completes a decade having resolved over 1,400 large corporate cases and helping halve gross bad loans in the banking system. The April 2026 amendments now usher in IBC 2.0.

Read this exciting story from Hindustan Times Mumbai May 28, 2026 issue. India’s lower-income taxpayers are rapidly exiting the return-filing net after successive tax relief measures raised the basic exemption threshold, reshaping the country’s taxpayer profile.

The public think tank said the union government should commit at least a third of this to de-risk projects and anchor long-term investor confidence.

The Central government aims to pass the new Securities Market Code during the upcoming monsoon session of Parliament, seeking to modernize capital market regulations. The code consolidates three existing laws and emphasizes investor protection and compliance simplification.

New inspection guidelines require audit firms to submit remediation plans within three months and implement corrective measures within six months

States are accelerating deregulation and ease-of-doing-business reforms, with over three-fourths of the Centre's first-phase compliance reduction measures already implemented

Former finance minister Yashwant Sinha says his 1990 mini Budget shaped Manmohan Singh's 1991 speech, while calling for continuous reforms and infrastructure-led demand growth