The second budget of the Modi 3.0 government may feature a slightly higher subsidy allocation for food in FY26 compared to FY25, driven by rising food inflation and higher logistics costs, while fertilizer subsidies are expected to remain stable. The government had initially allocated Rs 205,250 crore for food subsidies in FY25, 3.34 percent lower than the revised estimate for FY24, and Rs 164,000 crore for fertilizer subsidies, down 13.18 percent. However, with subsidy bills exceeding initial allocations, the government may need to revise the overall subsidy bill for FY25 and FY26 to manage fiscal pressures.
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Cristiano Ronaldo signs $700 million deal with Al Nassr
Cristiano Ronaldo has signed a groundbreaking $700 million contract with Saudi Arabian club Al Nassr, which includes extraordinary perks such as private jets, 16 personal staff, and a significant ownership stake in the club. This deal, touted as the largest in sports history, allows Ronaldo to retain more earnings due to Saudi Arabia's lack of income tax, setting a new precedent for athlete compensation. Explain It To Me Like I'm 5: Cristiano Ronaldo's groundbreaking $700...
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