The Maharashtra cabinet's sub-committee on infrastructure has approved a Rs 1,722.40 crore project for a 3.55-km road connecting the Bandra Fort end of the Versova-Bandra Sea Link with the Savarkar Sea Bridge. This project, implemented by MSRDC, aims to significantly reduce travel time between Worli, Fort, and Versova, handling approximately 3,500 cars per hour. It also includes provisions for rehabilitation and environmental mitigation.
The Delhi government's 2026-27 budget prioritises social welfare, introducing the 'Vayo Anand' scheme for senior citizens' recreational activities and constructing an integrated complex for children in juvenile reform homes.
'The Dravidian parties wanted to prevent the TVK from forming a government.'
Sometimes, the most powerful Budgets whisper and the wisest investors listen, notes Ramalingam Kalirajan.
The Maharashtra Vidhan Bhavan in Mumbai received a bomb threat via email during the budget session, leading to a security search and evacuation. Authorities deemed the threat a hoax after finding nothing suspicious.
The Budget session of Parliament will be held from January 28 to April 2, featuring the President's address, the Economic Survey, and the presentation of the general Budget.
It is because dealing with a regulatory system that is largely headed by retired IAS officers then becomes relatively easy, points out A K Bhattacharya.
Nirmala Sitharaman moved into her Kartavya Bhavan office on October 2, in time to get the work on the Budget 2026-2027 going.
Delhi Chief Minister Rekha Gupta has instructed officials to ensure the transparent and timely implementation of welfare schemes announced in the budget. She also appealed to the public to take precautions during the ongoing heatwave.
China's latest defence budget surges to $275 billion, fueling its ambitious military modernisation program and intensifying geopolitical dynamics in the region.
India's Central government is likely to see its fertiliser subsidy bill double to a record 3.4 trillion in FY27, up from the Budget estimate of 1.7 trillion, due to surging global fertiliser prices exacerbated by the West Asia war. This significant increase, coupled with revenue losses from excise duty cuts for oil-marketing companies, is straining the government's fiscal space, though capital expenditure plans remain unchanged.
The third Delhi Premier League T20 auction will see 600 players, including prominent Indian cricketers Rishabh Pant and Pratika Rawal, go under the hammer. Eight men's and four women's franchises will participate, with specific purse allocations for bidding. Players are categorised based on their experience, with varying base prices for each category.
The Congress party has strongly criticized the Union Budget, calling it 'lacklustre' and 'disappointing,' claiming it fails to address the needs of farmers, unemployed youth, and other key sectors.
The first half of 2026 has concluded with a stark reality check for Bollywood, as over 25 films underperformed at the box office.
Employees of Mumbai's BEST undertaking have launched an indefinite strike, severely impacting public transport and electricity services. The strike, called by a joint action committee, demands budget merger with BMC, settlement of dues, and implementation of the Seventh Pay Commission, among other issues. Despite court orders and MESMA invocation, the strike continues, causing widespread inconvenience to millions of commuters and electricity consumers.
Trinamool Congress MP Deepak Adhikari, also known as Dev, has urged West Bengal Chief Minister Suvendu Adhikari to expedite the long-pending Ghatal Master Plan, a crucial flood-management project for his constituency. Dev received assurances that the project, aimed at mitigating annual floods in the low-lying Ghatal area, would be taken forward, with hopes for budget allocation by the BJP government.
This Budget positions India's taxation ideology as not merely a revenue source but as a strategic catalyst for growth, inclusion and long-term confidence.
The move has sparked a political row, with the opposition accusing the BJP of promoting a vegetarian agenda.
'If you go by the capital expenditure, this is a good defence budget. But we will have to see if the government can keep defence spending at 2 per cent or higher in 2027-2028.'
Not a single retail outlet ran dry. Every household that wanted a cylinder got one. India faced neither a 1991 moment nor a 2013 one. Macroeconomic stability held. This was not an accident, and it was not luck alone. It was the work of a government that chose to act as it had during the pandemic -- deliberately and gradually, building one measure upon another rather than reaching for a single dramatic lever, explains V Anantha Nageswaran, chief economic advisor to the Government of India.
Of the Rs 31,820.80 crore allocated to central sector schemes and projects, only Rs 11,868.05 crore was utilised, according to the revised estimates.
Delhi Chief Minister Rekha Gupta has directed officials to ensure the transparent and timely implementation of welfare schemes announced in the budget, warning of potential fund reductions for departments failing to utilise allocated budgets effectively.
Infographics break down the key numbers and decisions, making it quick and easy to understand what the Budget means for the economy.
How does the BrihanMumbai Municipal Corporation's budget compare with the budget of other Indian cities?
Here are the key numbers to watch out for in the Union Budget for 2025-26:
The Brihanmumbai Electric Supply and Transport (BEST) undertaking arranged special bus services for students appearing in the NEET re-examination in Mumbai, deploying 60 buses on 24 routes for approximately 180 trips, despite an ongoing strike by its employees that has paralysed public transport.
This is the first Budget in my memory of Budgets over the last half a century which has embraced upfront, enthusiastically and emphatically, technology, modernity and fiscal sobriety, notes Shreekant Sambrani.
The Lokpal, India's anti-corruption ombudsman, has been allocated Rs 30 crore in the Union Budget 2026-27. The Central Vigilance Commission (CVC) has been allocated Rs 54.56 crore.
The Indian government is set to accelerate reforms, including measures to enhance foreign direct investment, speed up divestment, and boost asset monetisation, to maintain economic growth despite rising fuel and fertiliser import costs driven by the West Asia crisis.
rediffGURUS Mihir Tanna, Vipul Bhavsar, T S Khurana, Vivek Lala and Anil Rego will answer your tax queries related to the Union Budget 2026-2o27.
The Trinamool Congress (TMC) is grappling with a severe internal crisis, evident as rival factions occupied separate sections of the opposition benches during the West Bengal assembly's budget session. This public display of disunity follows the party's defeat in the 2026 assembly elections and ongoing legal challenges over leadership.
The idea of back-loading the target of fiscal consolidation is perhaps guided by the government's desire to be prepared for any adverse developments in the coming year, points out A K Bhattacharya.
Amidst a disappointing box office weekend for several new Hindi releases, Vikram Bhatt's Haunted 3D: Ghosts Of The Past has emerged as a surprising success.
About 45 km from the tech hub of Bengaluru, the Karnataka government is planning a mega artificial intelligence (AI)-powered city with a budget of more than Rs 18,000 crore. To be spread over 9,000 acres, the project aims to follow the theme "Work, live, play" with technology as its core. At the centre of it are, however, thousands of farmers who are protesting against land acquisition by the government.
'The future of a microbiology course is highly promising in India and abroad,' says rediffGURU Radheshyam Zanwar, founder of Zanwar Classes.
The 2026-27 Budget, seeking to harmonise the government's imperative to grant certainty while ensuring a rational tax policy, had several notable announcements to usher in halcyon days, says Mukesh Butani.
From Ramayana Part 1 and Alpha to King and Toxic, here's why the next six months could be one of Indian cinema's most exciting line-ups in years.
Tashi Network and DroneVerse successfully conducted a live drone swarm field trial in Delhi, demonstrating advanced autonomous capabilities for defence and internal security. The trial showcased decentralised mesh technology, allowing drone swarms to maintain mission coherence even with communication disruptions, marking a significant step towards India's technological sovereignty in autonomous warfare.
Finance Minister Nirmala Sitharaman on Sunday makes history as she presents a record ninth consecutive Budget that is expected to unveil measures to sustain growth momentum, maintain fiscal discipline, and contain reforms that could buffer the economy from global trade frictions, including US tariffs.
The fiscal tilt towards capex benefits companies in investment-related sectors like capital goods, defence equipment, engineering & construction and metal & mining. The planned cut in revenue expenditure will weigh on companies in consumption sectors like FMCG, consumer durables and retail.
