According to the new Fiscal Strategy developed by the Ministry of Economy and Finance, the inflation rate is planned to be maintained at around 5% in 2027. This document serves as a key strategic guideline aimed at ensuring medium-term macroeconomic stability, effective management of public finances, and improving the welfare of the population in the country.
The strategy defines priority tasks, which include maintaining inflation at around 5%, preventing the budget deficit from exceeding 3% of GDP, keeping the national debt at a safe level, and increasing citizen welfare.
The Fiscal Strategy for the period 2027–2029 was created based on the Republic of Uzbekistan Budget Code, the 'Uzbekistan–2030' strategy, and programmatic documents concerning the improvement of the public financial management system. The main goal of the document is to ensure sustainable economic growth, control inflation, keep the budget deficit within limited limits, and maintain a safe level of public debt.
In accordance with the Fiscal Strategy, the consolidated budget deficit should not exceed 3% of GDP, as established in the 'Uzbekistan–2030' strategy. Furthermore, the procedure for calculating the budget deficit was improved in 2026: it now takes into account operations under the state budget, funds from state target funds, as well as budget loans and credit lines.
The document also reflects preliminary forecasts of state budget revenues and state target fund revenues for 2027, as well as key indicators for 2028–2029. It functions as the main programmatic document when determining the volume of funds allocated to primary budget recipients and transfers directed to local budgets. Among the main goals emphasized is the need to ensure sustainable economic growth, maintain inflation at 5% in 2027, limit the deficit to 3% of GDP, prevent the national debt from exceeding 40% of GDP, improve the efficiency of the public finance system, and ensure the targeted use of budget funds.
The document notes that despite geopolitical tensions in the global economy and external economic uncertainty, the reforms being implemented in the country are creating a solid foundation for ensuring high rates of economic growth.
In prestigious areas of Mumbai, such as Versova, Bandra, Powai, and Lower Parel, residents who own sea-view apartments worth over 4 crore rupees may be prohibited from drying clothes or towels on their balconies. According to a report by Hindustan Times, many luxury residential complexes are imposing strict restrictions on drying items on balconies or windows under the pretext of maintaining the building's appearance, preserving its premium visual appeal, and protecting property value.
This ban raises a serious question about whether any association has the right to restrict the use of a private balcony. Legally, there is no general BMC law in Mumbai that directly prohibits drying clothes on balconies, but the rules depend on the category of the building.
According to Rule 44 of the Maharashtra Apartment Ownership Act of 1972, condominium residents are prohibited from hanging clothes, carpets, or similar items on windows, balconies, or the exterior of the building. However, this general law does not apply to every residential association in Maharashtra.
Cooperative housing societies operate according to the 'Maharashtra Co-operative Societies Act' and '1961 rules,' which establish their own registered bylaws and house rules that determine whether this ban will be enforced. Legal experts note that this entire situation is related to finding a balance between private property rights and the common interests of the entire community.
Communities impose such restrictions mainly to ensure a uniform and aesthetic appearance of the building, prevent water leakage to lower floors, and minimize safety risks associated with clothing or supports falling in the wind. Residents of such complexes are advised to use designated utility areas, dedicated drying spots, overhead fixtures, internal racks, or electronic clothes dryers instead of balconies.
Telugu actor and superstar Mahesh Babu, along with his stepbrother Naresh Vijaya Krishna, publicly voiced their opinions regarding the disputes surrounding the use of E20 gasoline in the country. Naresh shared his concerns in a post on the social media platform X.
Naresh emphasized that he is not against the country's interests, but noted that owners of various vehicles, from motorcycles to expensive cars, are facing difficulties due to E20. In his message on X, he stated: 'I am not against the country, but this ethanol-blended gasoline causes heart attacks in everyone, from motorcycle riders to owners of expensive cars.'
The actor announced that he has decided to fuel his Porsche Panamera with octane 100 gasoline, which costs about 165 rupees per liter. This decision was made after hearing numerous complaints related to E20. He believes that any mechanical damage to an expensive car could lead to significantly increased expenses.
Naresh cited a friend whose new Toyota Camry required engine valve replacement, costing approximately 3.5 lakh rupees. The actor speculated that a similar issue with his Porsche could require repairs costing up to 12 lakh rupees. He clarified that his concern is not limited to luxury cars; he is also worried about ordinary motorcyclists and drivers of standard cars who cannot afford expensive fuel or hundreds of thousands of rupees in repairs.
Despite this, Naresh expressed respect for the government's efforts to protect the environment. However, he considers the process of introducing ethanol-blended gasoline to be a hasty step. He compared the situation to Brazil, where the introduction of ethanol blending occurred gradually and in stages, and believes India should follow a similar approach. In response to a user who reminded him that Porsche originally recommends premium high-octane gasoline, Naresh replied that he is aware of this, but added that octane 100 gasoline is not always available at every petrol station, especially on highways.
Following a significant decline on Monday, the Indian stock market is experiencing a period of high uncertainty on the second trading day of the week. After starting flat, the Sensex and Nifty indices are showing sharp fluctuations: they alternately enter the green zone and immediately drop into the red.
These fluctuations occur against the backdrop of positive signals from foreign markets. Asian stock exchanges have recovered confidently after a major collapse the previous day, and Gift Nifty, a key indicator for Sensex and Nifty, showed growth.
Trading on the stock market started sluggishly on Tuesday. The BSE Sensex opened at 77,649, which is below the closing level of 77,708 from the previous day. Turbulence was observed early in the session: the index first rose to reach 77,753 and was in the green zone, before sharply falling to 77,541.
The NSE Nifty also demonstrated erratic movement. Opening with a slight decrease compared to the previous close of 24,238, this index of 50 stocks first showed growth to 24,262, but then slipped down again to 24,203.
