New Delhi: The government's annual subsidy expense on food, fertiliser and fuel is pegged 4.47 per cent lower at Rs 4,10,495 crore during the 2026-27 fiscal. According to the Union Budget 2026-27, the revised subsidy for food, fertiliser and fuel for the current 2025-26 fiscal...
New Delhi: Finance Minister Nirmala Sitahraman Sunday proposed to set up an Infrastructure Risk Guarantee Fund to provide calibrated partial credit guarantees to lenders. Sitharaman in her Budget speech said during this past decade, the government has undertaken several initiatives for large-scale enhancement of public...
New Delhi: The government Sunday proposed the development of an 'East Coast Industrial Corridor' with a well-connected node at Durgapur in West Bengal, and creation of five tourism destinations in five 'Purvodaya' states. Presenting the Union Budget 2026-27, Finance Minister Nirmala Sitharaman also proposed to...
New Delhi: Finance Minister Nirmala Sitharaman Sunday proposed a container manufacturing scheme, with a budgetary allocation of Rs 10,000 crore over five years, to create a globally competitive container building ecosystem. To promote environmentally sustainable movement of cargo, Sitharaman said a scheme for the enhancement...
Bhubaneswar: The ruling BJP in Odisha Sunday asserted that the Union Budget 2026-27 has placed the state firmly at the heart of India's growth story. "It reflects a clear and confident vision to transform Odisha into a strategic engine of eastern India's development," Odisha BJP...
New Delhi: Building on the success of the Lakhpati Didi scheme, community-owned retail shops will be set up for the women entrepreneurs from self-help groups, Finance Minister Nirmala Sitharaman said Sunday. Presenting the Union Budget in the Lok Sabha, the minister called it the "next...
New Delhi: The government Sunday set aside Rs 7,84,678 crore as defence outlay for 2026-27 as against last year's allocation of Rs 6,81,210 crore. The total capital outlay has been pegged at Rs 2,19,306 crore The revenue expenditure has been put at Rs 5,53,668 crore...
New Delhi: In a major push to diversify rural incomes and create employment opportunities beyond traditional farming, Finance Minister Nirmala Sitharaman on Sunday announced a series of initiatives for the livestock, fisheries and high-value agriculture sectors while presenting the Budget 2026-27 in Parliament. Pointing out...
New Delhi: The Congress Sunday said the Union Budget was "totally lacklustre" and fell woefully short of the hype that was generated around it. Congress general secretary, Communications, Jairam Ramesh said the budget speech given by Union Finance Minister Nirmala Sitharaman was also "non-transparent" as...
Mumbai: Stock market benchmark indices Sensex and Nifty tumbled on Sunday afternoon trade after the Budget proposed to raise Securities Transaction Tax to 0.05 per cent on commodity futures from 0.02 per cent. The government will tax buyback proceeds for all types of shareholders as...
The fresh Indo-US trade deal announced by US President Donald Trump 2 February will see American tariffs on Indian goods...
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China’s President Xi Jinping now finds himself in an enviable position enjoying kind of a special superpower status as countries,...
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For an economy plagued by multiple ailments – a daily depreciating currency, growing household debt, high unemployment and inequality, exodus...
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By Aakar Patel As a democratic society, it is expected that India’s authorities follow the rule of law. This includes...
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