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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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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…
Read More “Fertilizer Subsidy Pegged Higher At Rs 1.7 Lakh Crore For FY27” »
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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