The Securities and Exchange Board of India (Sebi) has put forth a proposal to permit Infrastructure Investment Trusts (InvITs) focused on roads to include significant maintenance costs financed through external debt in their calculations of Net Distributable Cash Flow (NDCF).
Andhra Pradesh Chief Minister Chandrababu Naidu announced the allocation of ₹2,729 crore for pensions aimed at supporting 62.34 lakh beneficiaries during the Pedala Sevalo program held in the Tuni constituency. The initiative is part of the governments ongoing efforts to
The states net Goods and Services Tax (GST) growth rate reached 16%, significantly exceeding the national average of 6%. This growth positions the state second among Southern States, following Karnataka, which recorded a GST growth rate of 17%. The increase
The Yadavagiri Residents’ Association convened an Area Sabha meeting recently, where members reached a consensus to initiate an ambitious tree-planting campaign aimed at enhancing the local environment. The assembly resolved to plant 2,000 trees in various locations throughout the locality.
Chief Minister Satheesan addressed the State Level Bankers’ Committee for the first time since assuming office. During the meeting, he emphasized the importance of collaboration between the government and banking institutions to enhance financial inclusion and boost economic growth in
The state government has reported borrowing ₹11,413 crore during the past month to address its immediate financial needs, according to provisional figures submitted to the Comptroller and Auditor General of India (CAG). This borrowing is part of the states financial
A newly constructed corridor has been established, connecting National Highway 44 (NH-44) and National Highway 16 (NH-16). This corridor traverses through five districts and facilitates direct access to the industrial hubs of Hindupuram and Kopparthi. The development of this corridor
In May 2026, the peak power demand reached an unprecedented high, setting a record that persisted for four consecutive days. This surge in demand can be attributed to several factors, including unusually high temperatures during the month, which increased the
The government of Andhra Pradesh has disbursed a second installment of ₹17.58 crore to farmers affected by the Guntur Channel project. This payment brings the total compensation amount provided to farmers to ₹28.12 crore. The Guntur Channel project, which is
The National Payments Corporation of India (NPCI) reported that the total value of transactions conducted in April reached ₹29.03 lakh crore, compared to ₹25.14 lakh crore during the same month last year. This indicates a significant growth of 19% on
