The FM proposed a rule-based automated process for small taxpayers in FY27 Budget.
Manufacturers are planning a hike of over 15 per cent in the second quarter of calendar year 2026, as memory prices shoot through the roof.
Riteish Deshmukh's Raja Shivaji has become the highest-grossing Marathi opener ever, while Aamir Khan's Ek Din faced a disastrous opening at the box office.
Rediff explains why the system, not the Budget, is the problem.
Haryana Chief Minister Nayab Singh Saini released over 2,115 crore directly into the bank accounts of beneficiaries under various welfare schemes, benefiting over 58 lakh eligible individuals.
Among its 27 recommendations for the Union Budget is this: It has suggested that equity investments held for more than one year and up to three years should be taxed at 12.5 per cent on gains exceeding 2 lakh in a financial year.
India's fertiliser subsidy bill for the current financial year (FY27) is projected to increase by approximately 20% due to surging global prices, primarily driven by the West Asia crisis, a senior official confirmed. Despite this, retail prices for urea and di-ammonium phosphate (DAP) will remain unchanged, ensuring adequate supply for the kharif season.
The Uttar Pradesh government's 'One District One Cuisine' initiative, aimed at promoting local delicacies, has drawn criticism for omitting several iconic non-vegetarian dishes closely associated with the state's districts.
Two dedicated freight corridors -- Eastern and Western -- are in operation covering several states and districts.
What items did Finance Minister Nirmala Sitharaman make costlier?
Bharat Electronics, Power Grid, NTPC and HDFC Bank were among the other major gainers. However, Infosys, Tata Steel, Eternal and Tech Mahindra were among the laggards.
Finance Minister Nirmala Sitharaman announced a fiscal deficit target of 4.3% of GDP for FY27, continuing the path of fiscal consolidation. The government aims to reduce the debt-to-GDP ratio to 55.6% by BE 2026-27 and further to around 50% by March 2031.
Finance Minister Nirmala Sitharaman will present the general budget in Parliament on February 1. The Budget session of Parliament begins on January 28 with President Droupadi Murmu addressing both houses.
Ashok Lahiri, a distinguished economist with experience in government, the private sector, and electoral politics, has been appointed as the new Vice-Chairman of NITI Aayog, tasked with strengthening India's reform trajectory and policy-making.
Rahul Roy addresses social media trolls mocking his financial situation, revealing ongoing legal matters and the impact of his brain stroke in 2020. He emphasises his commitment to working despite challenges and seeks genuine work opportunities.
Customs regimes can lead to labyrinthine legal disputes. Budget 2026 must recognise that an excessively defensive Customs posture can itself become a trade barrier, point out Mukesh Butani and Shankey Agrawal.
Even if there is an early agreement on a cessation of hostilities in West Asia, the price shock will not go away easily, points out A K Bhattacharya.
India is growing fast, but to keep growing strong, the government must make more things at home, create jobs, and spend money wisely, suggests Rajiv Memani, regional managing partner, Africa-India Region, EY.
'What we are witnessing is a massive anti-incumbency wave that has cut across all social and political divides.'
Following a significant defeat to the BJP, Trinamool Congress leaders are openly criticising the party leadership, citing mismanagement and lack of support as key factors in the election outcome.
Police in Indore, Madhya Pradesh, have registered a case against two Congress corporators for allegedly disturbing communal harmony after they refused to sing the national song 'Vande Mataram' during a municipal corporation session.
There is a minimum requirement of Rs 2.5 trillion capital expenditure every year and it is understood at the highest levels of the government.
Former India cricketer Manoj Tiwary has announced the end of his association with the Trinamool Congress, alleging widespread corruption within the party and claiming he was denied a ticket for refusing to pay a substantial sum.
India Inc on Sunday hailed the Union Budget 2026-27 as a 'structural shift' in the country's technology landscape, noting that the government is moving beyond fragmented pilots to build foundational layers where AI serves as a 'horizontal enabler' for the entire economy.
Budget 2026 sticks to fiscal discipline, shuns populist measures despite five key state elections coming up, but ends up rattling stock markets with a higher transaction tax on derivatives trading.
Various reforms, including GST, labour codes, and quality control order, have been rolled out since August 15.
'When markets go into a budget with excessive optimism, the risk of disappointment is higher.'
'Shah Rukh Sir gave us a lot of room to make the film we wanted to make.'
Sitharaman took charge of the Finance Ministry on May 31, 2019, and has steered the economy through the COVID-19 pandemic and geopolitical turmoil, making India the fastest-growing major economy in the world.
The BJP has issued a three-line whip to its MPs, requiring their presence during the extended Budget session of Parliament, where amendments to the Women's Reservation Act are expected to be considered.
'If you read the TVK manifesto, it is doles and much more doles. But the state has been habituated to this.' 'In no way is he distinct or different from the DMK regime.'
Indian oil marketing companies are incurring significant losses, selling petrol at a Rs 14 per litre loss and diesel at Rs 18 per litre, as elevated global crude oil prices, exacerbated by the West Asia crisis, outpace capped retail fuel rates, according to rating agency Icra.
Under the TMC, Bengal has seen expansion of welfare, but not big-ticket private investment.
The Himachal Pradesh Police have successfully shifted their Directorate of Communication & Technical Services office from Shimla to Hamirpur to decongest the capital city and improve operational efficiency.
A forum of swamijis has urged the Congress high command to immediately appoint D K Shivakumar as the Chief Minister of Karnataka, warning of consequences if the demand is not met.
Andhra Pradesh is spearheading an ambitious initiative to establish a fully integrated beach sand minerals, rare earth, and titanium ecosystem, aiming to attract over 50,000 crore in investments over the next decade. This move is part of India's broader strategy to reduce its reliance on China for strategic minerals and permanent magnets, with the state preparing a comprehensive rare earth policy and planning specialised industrial clusters.
With D Gukesh and R Vaishali set to play world title matches, experts urge India to bid for hosting rights, calling it a major boost for the sport.
'The trade deficit in some sectors is huge and that is an area of opportunity to localise.'
Officials said the government is keen to conform to the convention of the Union Budget for 2026-2027 being presented on February 1 despite it falling on a Sunday in 2026.
The Union Budget 2025-26 had allocated Rs 2,33,210.68 crore (BE) to the ministry helmed by Union Home Minister Amit Shah.
