News for 'Union Budget February 1'

Budget 2026: Sports goods sector gets Rs 500 cr boost; Rs 900 cr for Khelo India

Budget 2026: Sports goods sector gets Rs 500 cr boost; Rs 900 cr for Khelo India

Rediff.com1 Feb 2026

The government's flagship Khelo India programme received an allocation of Rs 924.35 crore.

Debt Recovery Overhaul Likely In Budget

Debt Recovery Overhaul Likely In Budget

Rediff.com19 Jan 2026

The Centre is considering amendments to the Recovery of Debt and Bankruptcy Act in the Budget to allow some Debt Recovery Tribunals to focus only on high-value cases.

Strikes Shake India's Gig Economy

Strikes Shake India's Gig Economy

Rediff.com21 Feb 2026

Two of the three strikes are related to the gig economy, a centrepiece of the new labour Codes.

Can This Budget Deliver Strategic Growth and Jobs?

Can This Budget Deliver Strategic Growth and Jobs?

Rediff.com31 Jan 2026

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.

'Budget Likely To Be Non-Event For Markets'

'Budget Likely To Be Non-Event For Markets'

Rediff.com31 Jan 2026

'When markets go into a budget with excessive optimism, the risk of disappointment is higher.'

Dragged by metal, IT stocks Sensex ends down 297 points

Dragged by metal, IT stocks Sensex ends down 297 points

Rediff.com30 Jan 2026

From the Sensex firms, Tata Steel tanked the most by 4.57 per cent. ICICI Bank, Power Grid, HCL Tech, Tech Mahindra, Infosys and Kotak Mahindra Bank were also among the laggards. Mahindra & Mahindra, State Bank of India, ITC and Bharat Electronics were among the gainers.

Showdown in Parliament as Rahul, Kharge 'not allowed to speak'

Showdown in Parliament as Rahul, Kharge 'not allowed to speak'

Rediff.com9 Feb 2026

The Lok Sabha was adjourned for the day following a dispute between the government and the opposition regarding Rahul Gandhi's request to speak before the Union Budget discussion commenced.

Why MF Investors Can't Trade on Budget Day

Why MF Investors Can't Trade on Budget Day

Rediff.com28 Jan 2026

Rediff explains why the system, not the Budget, is the problem.

Lessons from Operation Sindoor: Defence budget up by 15%

Lessons from Operation Sindoor: Defence budget up by 15%

Rediff.com1 Feb 2026

In 2025-26, the government allocated Rs 6,81,210 crore for defence budget.

With Nirmala Sitharaman In This Pic Are...

With Nirmala Sitharaman In This Pic Are...

Rediff.com1 Feb 2026

We know what Mrs Sitharaman and Mr Chaudhary (who may soon be moving out of the finance ministry to head to Lucknow to take charge as president of the Bharatiya Janata Party's Uttar Pradesh unit) look like, but who are the others in these photographs?

Rice exporters seek Budget sops to boost competitiveness

Rice exporters seek Budget sops to boost competitiveness

Rediff.com6 Jan 2026

The Indian Rice Exporter's Federation (IREF) on Tuesday urged the government to provide tax incentives, interest subvention and freight support in the upcoming 2026 Budget to strengthen the sector's competitiveness while addressing sustainability concerns.

Govt plans to cut TCS rate to 2% for education, medical purposes

Govt plans to cut TCS rate to 2% for education, medical purposes

Rediff.com1 Feb 2026

Finance Minister Nirmala Sitharaman on Sunday proposed to reduce the tax collection at source (TCS) rate to 2 per cent for education and medical purposes under Liberalised Remittance Scheme (LRS) as well as on sale of overseas tour program package.

Passenger vehicle dispatches in fast lane in Jan as demand remains robust: SIAM

Passenger vehicle dispatches in fast lane in Jan as demand remains robust: SIAM

Rediff.com13 Feb 2026

Domestic passenger vehicle dispatches from companies to dealers rose 13 per cent year-on-year to 449,616 units in January with demand remaining robust owing to GST rate rationalisation and subsequent dip in prices, industry body SIAM said on Friday.

Lok Sabha rejects Oppn motion to remove Om Birla as Speaker

Lok Sabha rejects Oppn motion to remove Om Birla as Speaker

Rediff.com1 days ago

The Lok Sabha rejected a resolution seeking the removal of Om Birla as Speaker by a voice vote amidst opposition protests and demands for an apology from Home Minister Amit Shah.

Sensex jumps 944 points on value-buying in oil, auto, banking stocks

Sensex jumps 944 points on value-buying in oil, auto, banking stocks

Rediff.com2 Feb 2026

Bharat Electronics, Reliance Industries, Mahindra & Mahindra, Larsen & Toubro, InterGlobe Aviation, ICICI Bank and UltraTech Cement were among the other major gainers. Axis Bank, Infosys, Tata Consultancy Services, Trent and Titan were the laggards.

Budget At Economic Crossroads

Budget At Economic Crossroads

Rediff.com30 Jan 2026

'We believe the truth is in the middle, and that India is at an important crossroads.'

Highlights of RBI's monetary policy

Highlights of RBI's monetary policy

Rediff.com6 Feb 2026

Benchmark lending rates unchanged with repo rate at 5.25%

No outlay for Chabahar port, India cuts Bangladesh aid

No outlay for Chabahar port, India cuts Bangladesh aid

Rediff.com1 Feb 2026

It is learnt that India was mulling various options relating to the project after Trump administration threatened a 25 per cent additional tariff on countries doing business with Tehran.

Biotechnology Facility Foundation Laid in Thiruvananthapuram

Biotechnology Facility Foundation Laid in Thiruvananthapuram

Rediff.com1 Mar 2026

Union Minister Jitendra Singh inaugurated a new biotechnology facility and dedicated a national facility for recombinant cells and sensors at the Rajiv Gandhi Centre for Biotechnology in Thiruvananthapuram, highlighting India's focus on biotechnology and its potential for economic growth.

'Kursi bachao', 'copycat': Opposition reacts to Union Budget 2024

'Kursi bachao', 'copycat': Opposition reacts to Union Budget 2024

Rediff.com23 Jul 2024

The Opposition on Tuesday termed the Union Budget as a 'kursi bachao budget' driven by political compulsions and claimed that it ignored opposition-ruled states in a bid to 'appease' Bharatiya Janata Party's allies.

Debate, vote on motion to remove Birla to be taken up on Mar 9: Rijiju

Debate, vote on motion to remove Birla to be taken up on Mar 9: Rijiju

Rediff.com15 Feb 2026

Union Parliamentary Affairs Minister Kiren Rijiju announces the debate and vote on the no-confidence motion against Lok Sabha Speaker Om Birla will occur on March 9. The Budget Session's second part will also address important legislation and critical bills.

Why Lok Sabha was adjourned on Wednesday just before Modi's speech

Why Lok Sabha was adjourned on Wednesday just before Modi's speech

Rediff.com5 Feb 2026

The prime minister is now expected to speak on Thursday in the Rajya Sabha, where the debate on the Motion of Thanks on the President's Address has taken place without any disruption.

Eligible Manufacturer Importers Scheme, Starting April 1, Will Ease Customs Duty Payments

Eligible Manufacturer Importers Scheme, Starting April 1, Will Ease Customs Duty Payments

Rediff.com1 Mar 2026

The Central Board of Indirect Taxes and Customs (CBIC) announced the implementation of the Eligible Manufacturer Importers (EMI) scheme from April 1, allowing eligible importers to defer customs duty payments.

Overseas residents eligible to invest in Indian equities

Overseas residents eligible to invest in Indian equities

Rediff.com1 Feb 2026

Finance Minister Nirmala Sitharaman on Sunday said individual persons residing outside India (PROI) will be permitted equity investments in listed Indian companies through a portfolio investment scheme.

Urban India likely to account for 70% of GDP in FY26

Urban India likely to account for 70% of GDP in FY26

Rediff.com21 Feb 2026

India's urban areas are projected to contribute 70 per cent of gross domestic product in 2025-26, up from 45 per cent in the 1990s, according to a report by Dun & Bradstreet.

Budget 2026: Is Customs Amnesty Scheme On The Cards?

Budget 2026: Is Customs Amnesty Scheme On The Cards?

Rediff.com7 Jan 2026

Total pending Customs arrears, including amounts under litigation, court stays and cases where the appeal period has not expired, stood at about Rs 1.36 trillion at the end of December 2024.

Govt receives financial bids for IDBI Bank stake sale, says Dipam

Govt receives financial bids for IDBI Bank stake sale, says Dipam

Rediff.com7 Feb 2026

The government on Friday received financial bids for the strategic disinvestment of IDBI Bank, the Department of Investment and Public Asset Management (Dipam) said in an official statement on X.

How investors will benefit if banks start lending to Reits

How investors will benefit if banks start lending to Reits

Rediff.com6 Feb 2026

The Reserve Bank of India on Friday proposed to allow banks to lend to Real Estate Investment Trusts (REITs) with certain prudential safeguards to deepen the financing pool for the real estate sector.

Union Budget 2025: Will 10K new medical seats curb students outflow?

Union Budget 2025: Will 10K new medical seats curb students outflow?

Rediff.com2 Feb 2025

The Indian government's announcement of 10,000 additional seats in medical colleges next year, part of a plan to add 75,000 seats over five years, has been welcomed by education experts and stakeholders. The move aims to address the shortage of medical professionals and reduce the outflow of Indian medical students to other countries. The budget also includes infrastructure expansion at five new IITs to accommodate 6,500 more students and an allocation of Rs 500 crore to set up a Centre of Excellence in Artificial Intelligence for education.

Gold likely to hold ground; silver braces for volatility

Gold likely to hold ground; silver braces for volatility

Rediff.com8 Feb 2026

Gold prices are likely to trade firm next week as traders await key economic data, including US inflation numbers, for fresh cues on interest rate outlook, while silver may remain volatile amid shifting risk sentiment and speculative activity, analysts said.

'Direct fertiliser subsidy transfer very much on table'

'Direct fertiliser subsidy transfer very much on table'

Rediff.com17 Feb 2026

On Agri Stack, Expenditure Secy V Vualnam says it's progressing well; using IT, farmers will be able to choose exact fertiliser quantities needed, reducing crowding at fertiliser outlets.

FPIs Pull Out $3bn From Indian Stocks

FPIs Pull Out $3bn From Indian Stocks

Rediff.com29 Jan 2026

Foreign investors have remained cautious ahead of the Union Budget amid expectations of limited policy changes.

'Koi mai ka laal...': FM's strong retort to Rahul's 'sold India' remark

'Koi mai ka laal...': FM's strong retort to Rahul's 'sold India' remark

Rediff.com11 Feb 2026

Finance Minister Nirmala Sitharaman launched a strong attack on Rahul Gandhi and the Congress party, accusing them of compromising India's interests on the world stage and selling out farmers and the poor during their time in power.

AI push: Tax break for global cloud firms using Indian data centres

AI push: Tax break for global cloud firms using Indian data centres

Rediff.com1 Feb 2026

The Union Budget on Sunday proposed a tax holiday till 2047 for foreign companies that provide cloud services to customers globally using data centres located in India, signalling the government's push to make the country a major hub for AI and digital infrastructure.

AI push: Tax break for global cloud firms using Indian data centres

AI push: Tax break for global cloud firms using Indian data centres

Rediff.com1 Feb 2026

The Union Budget on Sunday proposed a tax holiday till 2047 for foreign companies that provide cloud services to customers globally using data centres located in India, signalling the government's push to make the country a major hub for AI and digital infrastructure.

70% Of Nifty 500 Stocks Bleed In January 2026

70% Of Nifty 500 Stocks Bleed In January 2026

Rediff.com16 Jan 2026

This is the second-worst performance by the pack during this period over the last five years since CY20.

Amit Shah likely to reply to debate on motion against Speaker Birla

Amit Shah likely to reply to debate on motion against Speaker Birla

Rediff.com3 days ago

Union Home Minister Amit Shah is expected to respond to the debate on the no-confidence motion against Lok Sabha Speaker Om Birla, following allegations of partisan conduct. The motion, moved by opposition members, questions Birla's impartiality and handling of House proceedings.

Outlay on electronics manufacturing hiked to Rs 40,000 crore

Outlay on electronics manufacturing hiked to Rs 40,000 crore

Rediff.com1 Feb 2026

Finance Minister Nirmala Sitharaman on Sunday proposed to increase the outlay on electronics manufacturing to Rs 40,000 crore in the 2026-27 fiscal year.

Watch Live! Union Budget 2019

Watch Live! Union Budget 2019

Rediff.com5 Jul 2019

Nirmala Sitharaman presents the National Democratic Alliance government's budget amid high hopes and expectations from across the spectrum of society -- from farmers to industralist. Will the Budget fulfill the expectations of all?

Sensex slips below 82K amid widespread sell-off

Sensex slips below 82K amid widespread sell-off

Rediff.com23 Jan 2026

Market sentiment is likely to remain cautious as investors position themselves for the upcoming Union Budget and the US Fed's interest rate decision, where expectations are muted.