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Month: February 2026

Union Budget 2026: push for technology, planetary science in space programme

Posted on February 1, 2026 By admin
Union Budget 2026: push for technology, planetary science in space programme

Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto The total budget allocation for the Department of Space has seen a marginal increase compared to 2026-2027 but a double-digit jump compared to actual revised spending. Importantly, while the allocation of ₹13,705.63 crore represents a modest growth of 2.16% from 2025-2026, there is a…

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Seven High-Speed Rail Corridors Announced; Railway Stocks Rally

Posted on February 1, 2026 By admin

Railway stocks traded higher after Finance Minister Nirmala Sitharaman announced plans to develop seven high-speed rail corridors to act as key growth connectors between major cities in the Union Budget. The proposed corridors include Mumbai–Pune, Hyderabad–Pune, Hyderabad–Bengaluru, Chennai–Bengaluru, Delhi–Varanasi and Varanasi–Siliguri, aimed at improving inter-city connectivity, reducing travel time and supporting economic activity along key…

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Business

Fertilizer Subsidy Pegged Higher At Rs 1.7 Lakh Crore For FY27

Posted on February 1, 2026 By admin

According to Union Budget 2026-27, Rs 1.7 lakh crore has been earmarked for fertilizer subsidy in the next fiscal. This is higher than the revised estimate of Rs 1.67 lakh crore for 2025-26 for the ongoing financial year. The government had earmarked Rs 1.71 lakh crore towards fertiliser subsidy in the previous year. The allocation…

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Business

Nifty, Sensex Crash On Budget Day — Here’s Eight Reasons Why

Posted on February 1, 2026 By admin

India’s benchmark indices fell nearly 3% in the special Budget session on Sunday extending the decline for the second straight day. Nifty fell below 24,600, while Sensex was down over 1,000 points. The broader segment of the market was also negative, with the Nifty Midcap 100 falling 1.83% and Smallcap 250 index slipped 2%. Nifty…

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