Stay Connected. Stay Informed.
Duties on umbrella parts, trimmings, and accessories will go up to 20% from 11%, or ₹25 per kg, raising the cost for domestic assemblers using imported inputs. | Photo Credit: Getty Images/iStockphotos The Union Budget has removed Basic Customs Duty on quite a range of products but also raised the duty on some. It…
A screegrab of Finance Minister Nirmala Sitharaman presenting the ‘Union Budget 2026-27’ in the Lok Sabha, in New Delhi, on February 1, 2026. Photo Credit: Sansad TV via PTI Union Finance Minister Nirmala Sitharaman on Sunday (February 1, 2026) earmarked ₹20,000 crore in the Budget towards Carbon Capture Utilisation and Storage (CCUS) – a nascent,…
Read More “Union Budget 2026: ₹20,000 crore earmarked for carbon capture, storage scheme” »
Image used for representational purposes. File | Photo Credit: The Hindu The labour-intensive textile and apparel sector and the Micro, Small and Medium-scale Enterprises (MSMEs) that were impacted by the geo political developments during the last couple of years got a boost from the Union Budget presented on Sunday (February 1, 2026) with new schemes…
Read More “Budget 2026: Labour-intensive textile sector sees almost 25% jump in funds allocation” »
Finance Minister Nirmala Sitharaman, in an interaction with students following the presentation of Union Budget 2026-27, highlighted the steps taken by the government for the preparation of the financial document. She pointed out that national defence is one area that cannot be compromised by the government. The entire process of preparing the Budget involves massive…
Read More “Sitharaman Explains Budget Priorities To Students” »
Finance Minister Nirmala Sitharaman, right, addresses a press conference after presenting the Union Budget 2026-27, in New Delhi, Sunday, Feb. 1, 2026. Minister of State for Finance Pankaj Chaudhary is also seen. | Photo Credit: PTI The Ministry of Home Affairs (MHA) has seen an increase of 9.44% in the total allocation in the Union…
From mental health infrastructure and regional medical hubs to biopharma manufacturing, caregiver training and cheaper cancer medicines, Delhi-based doctors and healthcare leaders on Sunday welcomed the measures listed in Union Budget 2026-27. They said these will strengthen access, affordability and long-term capacity in the healthcare system. The Union Budget has raised allocation for the healthcare…
Read More “Budget’s Focus On Mental Health, Cheaper Cancer Medicines Gets Thumbs Up From Doctors” »
The Centre expects Rs 3.16 lakh crore in dividends and surpluses from the Reserve Bank of India, nationalised banks, and financial institutions in 2026-27, up about 3.75 per cent over the current fiscal. During the current fiscal year, as per the Revised Estimate (RE) presented in Parliament, the central government is expected to get about…
Read More “Government Expects Rs 3.16 Lakh Crore In RBI, Bank Dividends For 2026-27” »
In the 15 Union Budget presentation days of the Narendra Modi government since it came to power in 2014, the BSE benchmark Sensex has ended in negative territory eight times. The NDA government, led by Prime Minister Narendra Modi, has so far presented 15 budgets, including two interim budgets ahead of the general elections in…
Read More “Sensex Logged Losses In Over Half Of Presentation Days Since 2014” »
Union Budget 2026-27 The Indian space program has moved out of its post-pandemic slump and is entering a phase of sustained, if also cautious, consolidation. Since 2012-2013, the national space budget has grown by 182%. This sounds massive but most of the growth actually happened in the last decade, especially between 2014 and 2019. Allocations…
Read More “Budget 2026-27: Space budget recovers but misses crucial private sector reforms” »
India on Sunday set aside Rs 7,84,678 crore as defence outlay for 2026-27 in a steep hike of 15 per cent over last year’s allocation of Rs 6.81 lakh crore, with its military majorly focusing on boosting combat prowess in the face of increasing security challenges from China and Pakistan. The increase in the defence…
Read More “India Raises Defence Budget To Rs 7.85 Lakh Crore With 22% Jump In Capital Outlay” »