Tag: budget 2026

Budget 2026-27 | Three of seven high-speed rail corridors to connect Hyderabad

February 2, 2026 admin

Proposed high-speed rail corridors connect Hyderabad with three cities. The image is used for representative purposes only. | Photo Credit: NAGARA GOPAL Three of the seven high-speed rail corridors announced in the Union Budget 2026-27, connect Hyderabad. They are Hyderabad-Bengaluru, Hyderabad-Chennai and Pune-Hyderabad. The remaining four are Mumbai-Pune, Chennai-Bengaluru, Delhi-Varanasi and Varanasi-Siliguri. Also read: Union…

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Budget moots comprehensive review of financial sector, PFC, REC to be restructured

February 2, 2026 admin

Image used for representational purposes only. | Photo Credit: Getty Images/iStockphoto The Indian banking sector is heading for a major change with the Finance Minister Nirmala Sitharaman proposing to set up a ‘High Level Committee on Banking for Viksit Bharat’ to enable this sector lend differently. She said the committee will comprehensively review the financial…

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Some Assumptions Make No Sense

February 2, 2026 admin

Budget 2026: Finance Minister Nirmala Sitharaman unveiled Modi 3.0’s Budget 2026 on Sunday, Feb. 1 with India Inc calling it a ‘non-event’ afetr no major announcements were made for income tax slabs or sector-specific allocations. According to Neelkanth Mishra, Chief Economist and Head-Global Research of Axis Bank, some of the macroeconomic and fiscal projections made in Budget…

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Union Budget 2026: 16th Finance Commission recommends 41% tax devolution to States, increased share to South India

February 2, 2026 admin

Union Finance Minister Nirmala Sitharaman in Lok Sabha on February 1, 2026. Credit: Sansad TV The Sixteenth Finance Commission (16th FC) has recommended that the Central Government retain the 41% share of tax devolution to the States that had been implemented since 2021. Finance Minister Nirmala Sitharaman, in her Budget 2026 speech on Sunday (February…

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Budget 2026 Quietly Packs Big Wins for New Social Media Channels

February 2, 2026 admin

If you’re thinking of launching a YouTube, Instagram or any other social media channel in 2026, the Union Budget brings several indirect boosts for creators—even though it doesn’t mention “social media” explicitly. Here are the biggest takeaways for YouTubers, Instagram creators, streamers, podcasters, and digital storytellers. From talent pipelines to tourism storytelling, design capacity to…

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Jefferies India Calls It ‘Pragmatic’ But Sees No Major Market Triggers

February 2, 2026 admin

Jefferies India has termed the Union Budget as a “pragmatic approach” with “no fireworks,” stating that while it does not offer immediate catalysts for equity markets, it lays the foundation for a stable medium‑term growth environment. According to the brokerage, a key positive from the budget is the renewed focus on capex, driven by defence,…

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New schemes to provide livelihood and assistive devices for persons with disabilities

February 2, 2026 admin

Image used for representational purposes only. | Photo Credit: Getty Images/iStockphoto The Union Government is preparing to launch two new schemes for persons with disabilities, aimed at training them for “dignified livelihood opportunities” and providing them with “timely access” to assistive devices by setting up “modern retail-style” Assistive Technology Marts across the country. Even as…

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Budget 2026 moots several proposals to rejuvenate indigenous shipping

February 2, 2026 admin

Image for representational purposes only. | Photo Credit: PTI Union Budget 2026 has several proposals to boost coastal shipping and kickstart inland shipping that has largely been a non-starter especially in cargo carrying. It also promises ₹10,000 crore to support the making of containers in India. After COVID period during which the government realised the…

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Budget 2026: Mamata Banerjee says ‘nothing for the common man, Bengal’

February 2, 2026 admin

Communist Party of India (Marxist) general secretary M.A. Baby said the Budget “exposes the blind commitment” of the Modi-led government to a handful of corporate houses. File | Photo Credit: The Hindu Opposition parties on Sunday (February 1, 2026) described the Union Budget 2026 as “anti-poor” and “detached” from the country’s economic realities. Left leaders said…

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Union Budget 2026: Seven new rail corridors announced

February 1, 2026 admin

The high-speed rail corridors will reduce travel time between Chennai to Bengaluru to 1.5 hours, Bengaluru to Hyderabad to 2 hours, Hyderabad to Chennai to 2 hours and 55 minutes. | Photo Credit: Getty Images/iStockphoto Finance Minister Nirmala Sitharaman, during her Budget speech, announced seven high-speed rail corridors, which will connect five South Indian states among others,…

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