February 13, 2026

fiscal

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New CPI series aligned to consumption trends; CEA Nageswaran says monetary, fiscal policy decision calibration to improve

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Chief Economic Advisor V Anantha Nageswaran (ANI) Chief Economic Advisor V Anantha Nageswaran on Thursday said the new Consumer Price Index (CPI) series will improve the quality of data used in formulating monetary and fiscal policies, as it better reflects current consumption patterns and economic conditions.The National Statistics Office (NSO) under the Ministry of Statistics…

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Budget sets total expenditure at Rs 53.47 lakh crore for 2026-27 as govt balances growth with fiscal discipline: FM Sitharaman

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The Union Budget for FY 2026-27 has pegged total expenditure at Rs 53.47 lakh crore, Finance Minister Nirmala Sitharaman said while replying to the discussion on the Budget in the Lok Sabha, outlining the government’s strategy of maintaining high capital spending alongside fiscal consolidation.The revised estimate for the current financial year ending March 31 has…

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Govt questions Sixth Schedule limits, statehood fiscal burden at Ladakh talks | India News

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JAMMU: A high-powered Union home ministry panel has questioned Ladakh’s top political groupings on whether inclusion under the Constitution’s Sixth Schedule would offer sufficient safeguards, signalling that New Delhi is weighing constitutional limits, fiscal costs and governance models as demands for statehood gather force in the region.During talks Wednesday in New Delhi, the committee asked…

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16th Finance Commission retains 41% tax share for states; pushes output-linked spending and fiscal discipline

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Finance Commission submits report to President Murmu (Photo credit- PTI ) The 16th Finance Commission has recommended retaining states’ share in the divisible pool of central taxes at 41 per cent, while pitching for outcome-based spending, greater transparency in tax devolution data and stronger fiscal discipline at the state level. The panel said there is…

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Budget 2026: Fiscal deficit, capex, borrowing and debt roadmap among key numbers to track

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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…

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Budget expectations 2026: SBI Research sees fiscal discipline holding amid global churn, capex to stay growth anchor

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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…

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Union Budget 2026: Tax reforms, customs rationalisation and fiscal reset on the agenda

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File photo: Union finance minister Nirmala Sitharaman Finance minister Nirmala Sitharaman is set to present her ninth consecutive Union Budget on February 1, with expectations centred on tax reforms, a revamp of the customs duty structure and measures to support economic growth amid heightened geopolitical uncertainty. The Budget is also expected to outline a clear…

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Union Budget 2026: FM may maintain FY27 fiscal deficit at 4.4%, same as FY26; here’s what Nuvama expects

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The Union Budget 2026 may maintain the fiscal deficit at 4.4% of GDP in FY27, according to Nuvama, as the economy shows fragile momentum. The government might focus on deregulation and disinvestments to support growth, rather than fiscal expansion, with a continued emphasis on sectors like semiconductors and AI. As the Budget 2026 approaches, the…

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‘Indian aviation may lose Rs 18,000 cr this fiscal, up from Rs 5600 in FY25:’ ICRA

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NEW DELHI: Credit rating agency ICRA has projected a sharp rise in India aviation industry’s losses to Rs 17,000-18,000 crore in FY2026, compared to Rs 5,600 crore in FY2025, due to multiple factors like slowing domestic traffic growth, increase in jet fuel prices and the depreciating rupee. Additionally, 133 aircraft of Indian carriers — representing…

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