Bank of Baroda economists project India's GDP to grow 6.5-6.8 per cent in FY27 but warn that the fiscal deficit could overshoot the budgeted 4.3 per cent target, potentially reaching 4.7-4.8 per cent of GDP due to subsidy overruns, excise duty cuts, and oil marketing company losses.
West Bengal Chief Minister Suvendu Adhikari announced that the state government will introduce a new recruitment policy in the next Budget session to address irregularities and scams that occurred during the previous Trinamool Congress government.
A devastating fire at a bed and breakfast hotel in Malviya Nagar, South Delhi, has claimed 21 lives, including foreign nationals. The incident has brought intense scrutiny to the densely packed area, a popular hub for patients seeking affordable accommodation near Max Hospital, raising serious concerns about fire safety compliance and building norms in such establishments.
The Reserve Bank of India (RBI) has announced a record surplus transfer of Rs 2.87 trillion to the central government for FY26, driven by increased income and an expanded balance sheet, despite a reduction in the contingent risk buffer (CRB) to 6.5 per cent.
Top leaders of opposition parties including Congress' Rahul Gandhi and Mallikarjun Kharge, TMC's Mamata Banerjee and Abhishek Banerjee, Samajwadi Party chief Akhilesh Yadav, Tejashwi Yadav of Rashtriya Janata Dal and Uddhav Thackeray of Shiv Sena-Uddhav Balasaheb Thackeray, besides Left leaders and those from smaller parties, are likely to attend the meeting at the Constitution Club in the national capital.
Kerala Chief Minister V D Satheesan on Thursday hit out at the previous Left Democratic Front government, claiming that it had left behind huge liabilities, including Kerala Infrastructure Investment Fund Board borrowings, amounting to Rs 5.07 lakh crore.
West Bengal Chief Minister Suvendu Adhikari announced that the first phase of fund transfers under the 'Annapurna Yojana' will begin on June 3, with eligible women beneficiaries receiving Rs 3,000 directly in their bank accounts.
A lesson for India is to clearly define objectives beforehand, so that the adversary or other parties do not attempt to mitigate them midway.
Nirmala Sitharaman moved into her Kartavya Bhavan office on October 2, in time to get the work on the Budget 2026-2027 going.
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.
Lok Sabha MP Kakoli Ghosh Dastidar has resigned from all organisational posts of the Trinamool Congress, following public expressions of disappointment with the party leadership and attending a meeting against party instructions.
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 most important job after colouring your hair is maintaining it, which a lot of Indian women forget.'
'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.'
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.
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.
Infographics break down the key numbers and decisions, making it quick and easy to understand what the Budget means for the economy.
he Lava Shark 2 5G has officially debuted in India, arriving in two stylish colour variants and a single RAM and storage option.
Grill these drippy avocado sandwiches, stuffed with cheese and mayo a la San Francisco.
Here are the key numbers to watch out for in the Union Budget for 2025-26:
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.
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.
Here's how to explore Ahmedabad like a local...
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.
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.
Under Mission Sudarshan Chakra, the country's national security shield is to be expanded by 2035 to ensure comprehensive protection of both strategic and civilian critical infrastructure.
Telangana Chief Minister A Revanth Reddy will virtually deliver the keynote address at the Harvard Kennedy School's AI symposium, focusing on the global AI landscape.
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 Reserve Bank of India (RBI) is anticipated to make its highest-ever dividend payment to the government this year, providing a significant fiscal boost to address challenges, including those stemming from the ongoing Middle East crisis.
India's gross GST collections increased by 3.2 per cent to over Rs 1.94 lakh crore in May, driven by improved supplies of goods and services and a continued expansion in collections from imports.
How does the BrihanMumbai Municipal Corporation's budget compare with the budget of other Indian cities?
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.
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.
rediffGURU Anu Krishna, mind coach, relationship coach and co-founder of Unfear Changemakers, urges couples to openly discuss how to manage money in a relationship.
India's net direct tax collections increased by 5.12 per cent to over Rs 23.40 lakh crore in the 2025-26 fiscal year, but this figure still fell short of the revised budget target of Rs 24.21 lakh crore, primarily due to income tax cuts implemented earlier in the year.
The forthcoming Budget could think of maintaining public capital expenditure at 3 per cent so that domestic resources are available for private investments, points out N R Bhanumurthy.
CA Sumeet Mehta analyses the Union Budget 2026-2027, identifying key positives and negatives.
Capex, infrastructure development, and prudent fiscal management are the key focus areas in the Budget, says Nilesh Shah.
Finance Minister Nirmala Sitharaman's biggest challenge will be to find a new growth driver, particularly against the backdrop of a global economy ravaged by heightened uncertainty and fragmentation, financial markets on a precipice, and global commodity prices on a continued uptrend.
No income tax relief, but compliance burden eased for youth and middle class through lower TCS.
