The fiscal deficit for FY25 has been pegged at 4.8 per cent of GDP and at 4.4 per cent for FY26, Finance Minister Nirmala Sitharaman said on Saturday. Presenting the Budget 2025-26, she said net market borrowings are estimated at Rs 11.54 lakh crore for next fiscal year.
The Union Budget 2025-26, while promising a new framework for smoother mergers and acquisitions (M&As), has plugged a major loophole on carry-forward losses for a total of eight assessment years between amalgamating company and amalgamated company from the date of loss instead of date of the merger. For all mergers effected on or after April 1, 2025, the losses can be carried forward only for the residuary period (counting from the date of loss).
While 28,141 applicants accepted internship in round one, in the second phase this was down to 24,638.
A new report indicates that increasing unconditional cash transfer schemes for women across 12 Indian states are impacting their fiscal health, with six states projecting revenue deficits.
For every rupee in the government coffer, the biggest pie of 66 paise will come from direct and indirect taxes, according to the Union Budget 2025-26 documents. Around 24 paise will come from borrowings and other liabilities, 9 paise from non-tax revenue like divestment, and 1 paise from non-debt capital receipts, the Budget documents said.
Karnataka Deputy Chief Minister D K Shivakumar wished Chief Minister Siddaramaiah 'all the best' after he said that he would complete a five year term in office. Shivakumar also commented on the ongoing cabinet reshuffle and MLAs meeting with leaders in Delhi.
Affordable homes, priced under Rs 40 lakh per unit, may not be attractive anymore, not just for developers but also for investors, with the segment seeing a 26 per cent price rise over three years since 2022 versus 40 per cent returns from luxury homes priced Rs 1.5 crore and above.
Tier-II, Tier-III, and rural regions accounted for 62 per cent of all new health insurance policies sold by insurers so far in 2025-26 (FY26), according to a Policybazaar report. These regions are also witnessing a rise in the sum assured opted by customers.
He said one of the things the team lacked last season or in the last cycle was some explosiveness at the bottom order.
Finance Minister Nirmala Sitharaman on Tuesday said that raising the FDI limit to 100 per cent in the insurance sector will help attract more capital, improve competition and increase insurance penetration by making policies more affordable.
These are the highlights of the Union Budget 2025-26 presented by Finance Minister Nirmala Sitharaman in Parliament on Saturday.
The government in FY26 Budget should announce an "effective" personal income tax cut to support consumption and demand, Barclays said on Thursday. In its FY25-26 Union Budget preview, Barclays said the key ask from the Budget, to be presented on February 1, is to support growth while adhering to fiscal consolidation path.
Investors must account for currency depreciation in their financial plans and use instruments that can cushion the erosion in purchasing power.
Under capital expenditure, Rs 48,614 crore has been set aside for aircraft and aero engines while Rs 24,390 crore has been allocated for the naval fleet.
Finance Minister (FM) Nirmala Sitharaman has presented a forward-looking Budget, reinforcing the government's commitment to 'Reform, Perform, and Transform'.
Kush Maini will get the taste of a modern Formula 1 machinery for the very first time when he takes the wheel of the current Alpine car in the Young Driver Test.
Amid an ongoing power tussle in the ruling Congress, Karnataka Chief Minister Siddaramaiah called on party president Mallikarjun Kharge at his residence here, and dismissed speculation of a leadership change in the state.
Here are some facts related to the Budget presentation in independent India.
'Our attempt to honour the taxpayer has been since 2014 and more actively since 2019-2020 onwards.'
Karnataka Chief Minister Siddaramaiah met Prime Minister Narendra Modi and insisted on demands pertaining to the state, including on Fair Recovery Price of sugarcane, All India Institute of Medical Sciences for Raichur, the release of flood relief among others.
Votes will be counted on January 16 and the outcome will be keenly watched as the BJP-led Mahayuti will seek to stamp its supremacy in urban landscape, especially in Mumbai, while the Opposition parties will try to redeem themselves after last year's rout in assembly polls.
Banking on the Budget's tax relief, the BJP seeks to energise Delhi's middle class; the AAP is doing its bit too. But will their outreach mobilise this politically crucial yet disengaged electorate?
Finance Minister Nirmala Sitharaman on Saturday said the government will arrange identity cards and registration on the e-Shram portal to assist 1 crore gig workers. Presenting the Union Budget 2025-26, the finance minister also said a scheme for the socio-economic upliftment of urban workers will be implemented.
As the years passed, joblessness in the region increased.
'The incentives to switch to the new tax regime... are viewed as a negative due to potential loss of customers who buy policies for saving tax.' 'The tax-saving value proposition for the sector reduces.'
Finance Minister Nirmala Sitharaman on Saturday said Rs 1.5 lakh crore will be provided towards 50-year interest free loans to states, for infrastructure development. Also, an asset monetisation plan will be launched for 2025-30 period to infuse Rs 10 lakh crore capital in new projects.
The Bill is likely to pave the way for amending two existing legislations -- the Atomic Energy Act 1962, and the Civil Liability for Nuclear Damage Act 2010.
'These children possess catastrophically low birth weights -- often 1.4 kgs or less. Such extremely low birth weight results in profoundly compromised neo-natal immunity.' 'The escalation to 97 deaths in three months precipitated contemporary attention precisely because this magnitude concentrates the humanitarian emergency, rendering it impossible for the administrative machinery to ignore.'
The ministries of Road Transport & Highways and Railways have exceeded the national average capital expenditure (capex) by spending 63 per cent and 57 per cent of Budget estimates (BE), respectively, in the first half of 2025-26 (FY26). The total capital expenditure for April-September of FY26 stood at 52 per cent of the BE, according to the latest data by the Controller General of Accounts (CGA).
This has been our history of good governance: Things that were difficult to do and required planning and implementation were first taken up and then abandoned, notes Aaakr Patel.
Kabir told reporters that "nearly 3 lakh people will gather across 25 bighas near Moradighi on Saturday", adding that religious leaders from several states had confirmed their presence.
Finance Minister Nirmala Sitharaman on Friday presented the Economic Survey 2024-25 in the Lok Sabha. The Economic Survey is an annual document presented by the government ahead of the Union Budget to review the state of the economy.
The deportation of Indians from the United States, deaths in the Maha Kumbh stampede and the joint Parliamentary committee report on the Waqf bill were among the issues that led to heated exchanges and some disruptions in an otherwise smooth first part of the Budget session that ended on Thursday.
Congress leader Priyanka Gandhi Vadra criticizes the government's proposed bill to replace MGNREGA, arguing it weakens the guaranteed 100 days of employment for the poor and centralizes control over the scheme.
'For OTT platforms, securing dubbed rights often makes greater business sense, enabling them to serve diverse regional audiences more effectively.'
Finance Minister Nirmala Sitharaman on February 1 will present a record eighth consecutive budget that is expected to contain measures to shore up weakening economic growth and ease the burden on the middle class struggling with high prices and stagnant wage growth while being fiscally prudent.
India's 2030 Commonwealth Games bid is set to be formally approved on Wednesday at the Commonwealth Sport's general assembly in Glasgow.
Governor C V Ananda Bose, meanwhile, urged citizens not to be swayed by "provocative statements and rumours" and asked the state to ensure there was 'no disturbance anywhere'.
Do we have enough trained oncologists and medical professionals in India to man these over 4,500 beds in the public sector?
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