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India does not see any immediate threat to its fiscal deficit target for 2026-27 despite the financial strain from the ongoing Middle East crisis, and the government will continue to prioritise capital expenditure, according to two government sources.New Delhi had budgeted a fiscal deficit of 4.3 per cent of GDP for the financial year that…
New Delhi: The earnings of Indian Railways from passenger movement rose 6% to around Rs 80,000 crore in 2025-26, while freight revenue lagged, clocking a 1.4% rise to Rs 17.8 lakh crore.Data showed that the national transporter carried a record 741 crore passengers during the last financial year and freight loading was at an all-time…
NEW DELHI: Indicating a slowdown in expansion plans of India Inc, the private sector capex by large firms is expected to fall nearly 17% next year, after a strong showing in 2025-26, reflecting a more cautious stance amid global uncertainty, a survey by statistics ministry released Monday showed. The second edition of the forward-looking survey…
File photo: PM Modi (Picture credit: ANI) Calling productive spending a defining feature of his government, Prime Minister Narendra Modi on Sunday said the recently unveiled Union Budget consciously steered clear of short-term populism and instead channelled record capital outlays into infrastructure to drive jobs and sustainable growth.In an exclusive interview with news agency PTI,…
Representative image (AI generated) Realty sector leaders have termed Union Budget 2026-27 as infrastructure-led and growth-oriented, saying higher capital expenditure, asset monetisation and risk-sharing mechanisms could accelerate project execution, improve financing access and support long-term demand. Industry executives said the government’s decision to raise capital expenditure and introduce financing support tools signals policy continuity around…
Finance minister Nirmala Sitharaman(left) with MoS for Finance Pankaj Chaudhary. (PTI) NEW DELHI: Finance minister Nirmala Sitharaman not only chose to retain the Centre’s focus on capital expenditure, but also announced that at 4.4% of GDP it had hit the highest level in at least a decade. In her ninth consecutive budget speech, she proposed…
Union finance minister Nirmala Sitharaman on Sunday announced a nearly 9 per cent increase in capital expenditure, raising the allocation to Rs 12.2 lakh crore for FY 2026-27, as the government doubled down on infrastructure-led growth under its “future-ready Bharat” push.Presenting the Union Budget in Parliament, Sitharaman said the higher allocation was aimed at sustaining…
Finance Minister Nirmala Sitharaman is set to present her record ninth straight Union Budget, with markets closely tracking headline numbers ranging from the fiscal deficit and capital expenditure to borrowing and tax revenue projections, as India charts its course as the world’s fastest-growing major economy.The Budget will be presented in a paperless format, continuing the…
The Union Budget 2026–27 will be framed against an increasingly fragile global backdrop marked by geopolitical flux, volatile financial markets and a sharp rally in commodities, but India is expected to retain its macro stability with a calibrated fiscal strategy and sustained public investment, according to a pre-Budget assessment by State Bank of India Research.SBI…
