NEW DELHI: Finance minister Nirmala Sitharaman on Sunday presented the Union Budget for the financial year 2026-27 in the Lok Sabha during the ongoing Budget session of the Parliament, bringing a mixed reaction from political parties across the spectrum.While presenting her ninth consecutive Budget, the finance minister announced that the capital expenditure target will be…
Finance minister Nirmala Sitharaman Finance minister Nirmala Sitharaman, presenting her ninth consecutive Union Budget on Sunday, announced several major healthcare measures, including customs duty waivers on 17 cancer drugs and duty exemptions for medicines for seven rare diseases. The finance minister highlighted India’s economic stability, fiscal discipline, and sustained growth under the Narendra Modi-led NDA…
. Finance minister Nirmala Sitharaman, while presenting the Union Budget 2026–27 on Sunday, unveiled a Rs 10,000 crore biopharma initiative and announced the expansion of Ayurveda institutions to meet growing global demand for traditional medicine. To bolster India’s position as a global biopharma hub, the Budget proposed Biopharma Shakti, a new initiative with an outlay…
India’s Goods and Services Tax (GST) collections reached Rs 1,93,384 crore in January 2026, showing a strong year-on-year increase of 6.2 per cent, reported ANI. The revenue had stood at Rs 1,82,094 crore in January 2025.Cumulatively, gross GST receipts for the period from April to January FY26 amounted to Rs 18,43,423 crore, up 8.3 per…
Finance minister Nirmala Sitharaman Finance minister Nirmala Sitharaman is set to present her ninth consecutive Union Budget on February 1, marking a rare Sunday sitting and a first in independent India’s history. The Union Budget for FY27 (April 2026–March 2027) is expected to outline measures to sustain growth momentum, maintain fiscal discipline and push reforms…
Commercial LPG gas cylinder prices were hiked on Sunday after oil marketing companies revised rates upward, increasing the cost of a 19-kg cylinder by Rs 49 with effect from February 1, Sunday. Following the revision, the retail price of a 19-kg commercial LPG cylinder in Delhi has increased to Rs 1,740.50. Prices of domestic LPG…
Markets tend to respond positively when the Budget focuses on growth, infrastructure spending, and tax stability. (AI image) By Somil Mehta,The Union Budget is one of the most important events for Indian stock markets. Every year on February 1, investors closely watch how the Sensex and Nifty react to announcements on taxes, government spending, reforms,…
India’s gold and silver imports surged to record levels in 2025, ringing alarm bells in government and policy circles as soaring precious metal prices threaten to widen the trade deficit and add fresh pressure on the rupee. With limited policy tools available, officials and market participants told Reuters raising import duties is once again emerging…
Finance minister Nirmala Sitharaman will present her ninth consecutive Union Budget on February 1, a rare Sunday sitting and a first in independent India’s history. The Budget for FY27 (April 2026–March 2027) is expected to outline measures to sustain growth momentum, maintain fiscal discipline and push reforms to shield the economy from global trade frictions,…
What do salaried taxpayers, middle class, and the common man want from Union Budget 2026? (AI image) Budget 2026 income tax expectations: Like every year, salaried taxpayers, middle class and common man will listen to FM Nirmala Sitharaman’s Union Budget speech in the hope of more tax relief. Last year, FM Sitharaman announced major changes…