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16th Finance Commission

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11 Stories Indexed
Last Updated: Just Now
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Macro Economy & Fiscal Policy 04 Oct 2026, 06:34 AM IST

India Unlikely to Face Major Food Crisis Despite Global Disruptions, Says 16th Finance Commission Chairman

India is unlikely to confront a major food crisis even as global supply chains remain vulnerable to conflict and weather-related shocks, according to 16th Finance Commission Chairman Arvind Panagariya. He said disruptions in major producing regions such as Ukraine could actually strengthen demand for Indian agricultural exports, underscoring the country’s growing role in global food markets.

By RDU Global Wire5 min read
Macro Economy & Fiscal Policy04 Oct 2026, 05:10 AM IST

India Unlikely to Face Major Food Crisis Despite Global Disruptions, Says 16th Finance Commission Chairman

India is unlikely to confront a major food crisis even as global agricultural supply chains remain under strain, according to 16th Finance Commission Chairman Arvind Panagariya. He said disruptions in major producing regions, including Ukraine, could instead improve demand for Indian agricultural exports, reinforcing the country’s position as a net food supplier in several categories.

4 min readRead →
World Politics & DiplomacyRecently

Indonesia ferry death toll rises to 66 as Java Sea search enters 16th day

Indonesia’s ferry disaster in the Java Sea has become one of the country’s deadliest maritime tragedies in recent years, with the confirmed death toll rising to 66 as search teams continue operations on the 16th day. Dozens remain missing, and the prolonged recovery effort underscores the difficulty of locating victims in deep, shifting waters while raising fresh questions about maritime safety oversight.

5 min readRead →
Society, Crime & Public Affairs7h ago

Ryan Murphy's 'Monster: The Lizzie Borden Story' Draws Fire for Turning a Historic Murder Case Into a Stereotype-Ridden Spectacle

Ian Brennan's latest entry in the Monster franchise revisits the Lizzie Borden case with a lurid, time-jumping approach that critics say collapses under its own sensationalism. Rather than deepening the historical or social context of the infamous Fall River murders, the series is being criticized for reducing women killers to a patchwork of blood, violence and recycled true-crime tropes.

5 min readRead →
National Governance & Policy9h ago

Yugdeepak Soni Revives Centuries-Old Pichwai Tradition in Chennai Exhibition

Artist Yugdeepak Soni is presenting Sri Pichwai at Forum Art Gallery in Chennai, bringing a nearly 400-year-old devotional painting tradition from Nathdwara, Rajasthan, into a contemporary urban setting. Rooted in the Pushtimarg tradition and shaped by natural pigments, the exhibition highlights both the beauty of the form and the artist's concern about its future in a fast-moving world.

5 min readRead →
National Governance & Policy05 Oct 2026, 04:24 AM IST

Bengal Must Build Organised Real Estate Sector, Says Finance Minister Swapan Dasgupta

Finance Minister Swapan Dasgupta has called for a more organised real estate sector in Bengal, arguing that fragmented and informal market structures are holding back development. He also urged the removal of legacy laws, including the urban land ceiling act, saying such rules have become impediments to investment and urban growth.

6 min readRead →
Banking, Fintech & Insurance05 Oct 2026, 12:11 AM IST

Bajaj Finance Plans Rs 17,500 Crore Fundraise Through QIP and Warrants

Bajaj Finance has approved plans to raise Rs 17,500 crore through a combination of a qualified institutional placement and warrants, marking its first major capital-raising move since November 2023. The non-bank lender said the proceeds are intended to support growth, with a shareholder meeting to be convened for approval of the proposed QIP.

4 min readRead →
Banking, Fintech & Insurance04 Oct 2026, 11:50 PM IST

PSB Bank Chairman Says Alternative Payment Rails Are Reshaping Cross-Border Finance

PSB Bank Chairman Petr Fradkov has described cross-border payments as one of the economy’s most closed and strategically sensitive sectors, underscoring the rise of alternative infrastructure designed to move money outside traditional global channels. In an interview with RBC, he pointed to the A7 international payment system as an example of how new rails are emerging even as conventional international settlement remains constrained.

6 min readRead →
Banking, Fintech & Insurance04 Oct 2026, 09:59 PM IST

High-Value Microfinance Loans Gain Share as Lenders Shift to Safer Borrowers

The share of microfinance loans above ₹75,000 to individual borrowers rose sharply to 41% in Q1 FY27 from 28% a year earlier, reflecting a clear shift in lender behaviour. Microfinance institutions are increasingly prioritising existing customers with established repayment histories as they seek to balance growth with credit quality.

4 min readRead →
Banking, Fintech & Insurance04 Oct 2026, 06:28 PM IST

Alternative Payment Rails Gain Ground as Russia Recasts Cross-Border Finance

PSB Bank Chairman Petr Fradkov has outlined how Russia’s alternative payment architecture is evolving in response to restrictions on conventional cross-border finance. In an interview with RBC, he described the A7 international payment system as a mechanism that operates in a global environment where traditional international payments are increasingly constrained.

6 min readRead →
Banking, Fintech & Insurance04 Oct 2026, 06:07 PM IST

Public Sector Banks, Regional Rural Banks to Remain Open on September 27 as Finance Ministry Seeks to Avoid Disruption

The Finance Ministry has said all public sector banks and regional rural banks will operate normally on September 27, signalling an effort to keep customer services uninterrupted amid a planned three-day nationwide bank strike called by the United Forum of Bank Unions. The move is aimed at ensuring routine banking needs, including branch transactions and essential services, remain available to the public.

5 min readRead →

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