New Delhi: The Mahatma Gandhi National Rural Employment Guarantee Scheme, a vital safety net for the rural poor, is unlikely to receive increased funding in the FY26 budget. Allocations are likely to remain at FY25 levels, reflecting the government’s confidence in a recovering rural economy, two people aware of the matter said. Steady funding In contrast, FY25 funding has remained …
Oil and Natural Gas Corp. Ltd’s standalone gross crude oil realization fell about 8% year-on-year in the September quarter to $78.3 per barrel. The good news is that the ramp-up of crude oil production from the newly developed KG basin 98/2 block to 25,000 barrels per day in October, up from 12,000 bpd in the June quarter should help it …
