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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…
Only a fraction of the envisaged allocations was actually spent on justice-related schemes The Central government has consistently reduced budget allocations to certain justice-related schemes and projects since 2019, shows the recently released India Justice Report 2025-26. Data also show that not only have allocations reduced, but also, only a fraction of the envisaged allocations…
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Union Finance Minister Nirmala Sitharaman speaks to the media after a Post-Budget interaction, in Mumbai on Monday. Union Minister of State for Finance Pankaj Chaudhary is also present | Photo Credit: ANI Foreign Institutional Investment (FII) outflows from India’s equity markets show that investors are booking profits, indicating investments in India are yielding good returns,…
Read More “FII outflows show India offering higher returns to investors: FM” »
Union Finance Minister Nirmala Sitharaman speaks in the Lok Sabha during the Budget session of Parliament, in New Delhi, on February 11, 2025. | Photo Credit: PTI The Government is using almost the entire borrowing in 2025-26 towards financing capital expenditure, Finance Minister Nirmala Sitharaman said on Tuesday (February 11, 2025) She said the effective…
Trinamool Congress MP Abhishek Banerjee, Samajwadi Party MP Akhilesh Yadav, party MPs Dharmendra Yadav, Dimple Yadav and Anand Bhadauriya in the Lok Sabha during the Budget Session, in New Delhi on February 7, 2025. | Photo Credit: ANI/Sansad TV Terming the Union Budget “pro-rich”, Opposition members in the Lok Sabha on Friday (February 7, 2025)…
Photo used for illustration purpose only. | Photo Credit: Getty Images/iStockphoto The recent Union Budget announcement provided custom duty waivers to 36 exorbitantly priced cancer and rare diseases drugs, but patient advocacy groups highlight that the tax cut doesn’t tackle the underlying problem of high prices due to patent monopolies that block local production and offer very little to ease…
‘It is our collective responsibility now to build on this momentum’ | Photo Credit: Getty Images/iStockphoto The Union Budget 2025-26 lays a robust foundation for India to assert its leadership in global health care and innovation, with strategic announcements that bolster medical infrastructure, expand educational opportunities, and promote global collaboration. With a ₹90,958 crore health-care…
Read More “A green signal for India to assert its health leadership” »
The Union Budget 2025-26 is in line with the government’s sustained efforts over the past few years to bolster economic growth and development. The provisions of the Budget indicate the continuation of the government’s strategic approach toward economic expansion, fiscal prudence, and sectoral growth. The multiplier effects of the IT cuts One of announcements in…
Read More “A Budget that is forward-looking and growth-oriented” »
Union Finance Secretary Tuhin Kanta Pandey. | Photo Credit: The Hindu The Centre’s decision to significantly slash the income tax payer’s burden was aimed at addressing some “angst” that the government had noticed in recent months as well as to give a fillip to the economy’s weakening growth impulses with a broad-based boost to demand,…
A view of the Parliament building in New Delhi. File | Photo Credit: The Hindu Lok Sabha has been allocated ₹903 crore in the Union Budget, more than double the amount given to the Rajya Sabha. A sizeable allocation — ₹558.81 crore of the total ₹903 crore — has been assigned to the Lok Sabha…
Read More “Union Budget 2025: Lok Sabha gets ₹903 crore, Rajya Sabha ₹413 crore” »