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  • Explained: Performance Audit of Gujarat Finances 2023–24

    Explained: Performance Audit of Gujarat Finances 2023–240

    Gujarat’s 2023–24 finances show a revenue surplus of ?33,477 crore and a fiscal deficit within FRBM limits. But ABC Live’s performance audit reveals that this stability is more cosmetic than real. The surplus is overstated by ?7,480 crore, the true deficit closer to ?31,000 crore, and subsidies have climbed to ?28,033 crore. With ?11,869 crore in pending utilisation certificates, ?289 crore in unadjusted bills, and ?12,782 crore parked outside the treasury, Gujarat’s fiscal story is one of stability on paper, fragility in practice.

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  • Explained: Trump’s Military Speech and Its Global Impact

    Explained: Trump’s Military Speech and Its Global Impact0

    President Trump’s military speech to top generals at Quantico drew striking silence, breaking from tradition. By demanding loyalty and hinting at using cities as “training grounds,” it raised alarms over U.S. civil-military relations and sent a geopolitical signal closely watched by allies and adversaries worldwide.

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  • Explained:The Performance Audit of DEA Fund

    Explained:The Performance Audit of DEA Fund0

    New Delhi (ABC Live): The Depositor Education and Awareness (DEA) Fund, administered by the Reserve Bank of India (RBI), was created under Section 26A of the Banking Regulation Act, 1949, through the Banking Laws (Amendment) Act, 2012. Operational since May 24, 2014, it was designed to safeguard unclaimed deposits and promote depositor awareness. Over a

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  • Explained: Ukraine vs Palestine — The West’s Selective Principles

    Explained: Ukraine vs Palestine — The West’s Selective Principles0

    Western powers show unity in defending Ukraine’s sovereignty, yet remain divided on Palestine. While the U.S. blocks recognition, key European nations now act independently. This report explains how selective principles shape global perceptions and widen the West’s credibility gap in the Global South.

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