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Larsen and Toubro’s Chief Financial Officer R Shankar Raman is anticipating a ten per cent increase in capital expenditure outgo in the upcoming budget for FY27.Amid concerns about sagging private capital expenditure growth, Raman said that he does not fear a “crowding out” of resources because of the high spending by the state. The ample…
NEW DELHI: BJP working president Nitin Nabin is likely to be formally elected the party’s president before the budget session, which usually starts in Jan last week, setting off an organisational overhaul.Sources said the election process for national president is expected to begin after January 14, which marks the start of an auspicious period from…
The Indian Rice Exporters’ Federation (IREF) has called on the Union government to announce focused fiscal and policy measures in the Union Budget 2026 to strengthen India’s rice export ecosystem, covering both basmati and non-basmati varieties.In a representation to finance minister Nirmala Sitharaman, the federation underlined the importance of rice exports for the economy, rural…
In a bid to make railway travel more convenient and comfortable, the Indian Railways has introduced modern sleeping pods at Guntur Railway Station in Andhra Pradesh. The official announcement was made by the Ministry of Railways on the social media platform X. It will be a safe, hygienic, and affordable resting option for travellers in…
The Centre’s fiscal deficit stood at Rs 9.76 lakh crore at the end of November, accounting for 62.3% of the full-year budget estimate for 2025-26, government data released on Wednesday showed, PTI reported.The deficit was higher than the 52.5% recorded during the same period last year, reflecting a faster pace of expenditure relative to revenue…
Prime Minister Narendra Modi on Tuesday met eminent economists and sectoral experts to seek their views on the upcoming Budget, a senior government official said. The meeting started at 11am chaired finance minister Nirmala Sitharaman, Niti Aayog vice chairman Suman Bery, Niti Aayog CEO BVR Subrahmanyam, other members of the Aayog, economists and sectoral experts…
In 2024-25, dividend earnings touched an all-time high of Rs 74,129 crore, far surpassing the budget estimate of Rs 56,260 crore. (AI image) Budget 2026: Dividend inflows to the exchequer from non-financial central public sector enterprises and firms in which the government holds minority stakes are expected to surpass the budgeted estimate for the fifth…
Striking the right balance – leniency for genuine taxpayers and strong deterrence for willful evaders – will be the real test of the reforms. (AI image) In a significant move aimed at reshaping India’s tax enforcement landscape, NITI Aayog has proposed sweeping reforms to decriminalise a wide range of income tax-related offences and usher in…
Sanjay Leela Bhansali’s ‘Love & War’ starring Ranbir Kapoor, Alia Bhatt, and Vicky Kaushal faces delays. Shooting extends to May 2026, scrapping Eid/June targets for August/September. Ranbir’s ‘Ramayana’ as Lord Ram eyes Diwali 2026. Official date buzz in January. Sanjay Leela Bhansali‘s next film, ‘Love & War’, has a big casting of Ranbir Kapoor, Alia…
Vijay’s film ‘Jana Nayagan’ has already earned substantial revenue before its release. The grand audio launch in Malaysia was a major success, attracting a massive crowd. This event alone contributed significantly to the film’s pre-release earnings. Distribution rights and other deals have also secured over 350 crore rupees for the production house. The film’s budget…
