Latest News, Updates & Breaking Headlines
It was a contrast that no previous Budget had possibly produced — a constant thrum of perfunctory desk thumping by treasury benches and a total silence from the opposition. The just short of 90-minute speech by FM Nirmala Sitharaman was a sedate affair that did not evoke emotions, even though a charged opposition had reportedly…
Government aims at raising Rs 80,000 crore from divestment and asset monetisation in 2026-27, a sharp increase from the revised estimate of nearly Rs 34,000 crore.While govt has moved away from mentioning a specific target for asset sales in state-run firms, the realisations from divestment are mentioned under what is called the miscellaneous capital receipts.Economic…
Like every Union Budget, this year’s budget brings a mix of gains and pains for different sections of the economy. Finance minister Nirmala Sitharaman on Sunday presented a budget aimed at balancing growth, stability and reform.While the budget offers several compliance-friendly measures and targeted tax tweaks, it also tightens the screws in select areas to…
Sunday’s Budget had no allocation for Chabahar port in Iran under the ‘aid to countries and projects abroad’ outlay. This could be significant, coming amid looming threats of US sanctions over the port, which – in the absence of any direct land access – was meant to be India’s gateway to Afghanistan and central Asia.The…
Employability In Focus, More Pulp For Orange Eco Signalling a shift in employment strategy, the Budget, instead of announcing how many jobs will be created, focuses on building conditions for sustainable work, with skilling, services and sector-led ecosystems emerging as core pillars. A high-powered education-employment-enterprise standing committee will map skill gaps, identify high-employment service sub-sectors…
Your cup of vending machine coffee at cafes, office pantries and commercial beverage counters could soon get more expensive, with the Budget withdrawing existing concessions on imported coffee roasting, brewing and vending machines.Equipment importers said the duty change follows currency-related pressures. “Basic customs duty on these machines is 10%, and with the exemption it was…
The Budget proposes updraging Himalayan Chandra Telescope (HCT) in Hanle, Ladakh, to extend its capabilities PUNE/BENGALURU: Pune/Bengaluru: India’s expanding contributions to astronomy research appear to have prompted a significant policy and funding push from the Centre, with Finance minister Nirmala Sitharaman announcing support for four major projects in Sunday’s budget.The initiatives — the National Large…
The Union Budget 2026–27 proposes a grand total expenditure of Rs 53.47 lakh crore, comprising Rs 41.25 lakh crore in revenue expenditure and Rs 12.22 lakh crore in capital expenditure.The budget reinforces the government’s emphasis on growth, inclusion and long-term capacity building under its three-fold kartavya framework.Presenting a Yuva Shakti–driven Budget, finance minister Nirmala Sitharaman…
NEW DELHI: Finance minister Nirmala Sitharaman may not have opened the purse strings for poll-bound states in Union Budget 2026 but she made them a part of many ambitious development initiatives like the rare earth corridor, dedicated freight passage and the proposed high-speed rail networks.Assembly elections are scheduled in West Bengal, Tamil Nadu, Kerala, Assam…
Today, the 2026–27 Union Budget was presented in the Parliament by the Finance Minister Nirmala Sitharaman. It’s a budget that loves travellers as at the heart of the Budget’s travel appeal is a sharp reduction of the Tax Collected at Source (TCS) on overseas tour packages. Yes, this time, the Budget didn’t just target economic…
