The Union Budget 2025-26 had allocated Rs 2,33,210.68 crore (BE) to the ministry helmed by Union Home Minister Amit Shah.
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 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.
The incident took place right outside Parliament's Makar Dwar, the main entrance which MPs take to enter the new Parliament building, where Gandhi was standing in solidarity with suspended Congress MPs, mostly from Punjab.
Finance Minister Nirmala Sitharaman on Sunday proposed a six-month foreign asset disclosure scheme for small taxpayers like students, tech professionals and relocated NRIs as she presented the Union Budget 2026-27.
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.
With the Union Budget 2026, India's 74th, fast approaching, all eyes are once again on New Delhi's North Block as Finance Minister Nirmala Sitharaman is preparing to table it on February 1, 2026, marking her ninth Budget presentation in a row.
Jamiat Ulama-i-Hind has criticized the central government's directive mandating the singing of all six stanzas of Vande Mataram at official functions, alleging it violates religious freedom.
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.
Union Minister Kiren Rijiju criticizes the behavior of opposition MPs in the Lok Sabha, alleging disruptive conduct and disrespect towards the Prime Minister and the House's dignity.
The "huge mountain of debt" in developed economies and the risk of a possible unravelling is a matter of concern for India, Union Minister for Railways, Information & Broadcasting, Electronics & Information Technology Ashwini Vaishnaw said on Wednesday, pointing to the recent spike in Japanese bond yields.
Karan Fries is a synthetic cow breed developed by the National Dairy Research Institute, Karnal.
'There is a lot of euphoria in the country after a trade agreement is signed. But it is an illusion for us. What is more important is making it real.'
Benchmark lending rates unchanged with repo rate at 5.25%
Benchmark equity indices Sensex and Nifty extended their gains for the second straight session on Monday, driven by optimism over the India-US trade deal and robust buying in public sector banks, consumer durables, and realty stocks.
Inflation data, trading activity of foreign investors and global trends would dictate sentiment in the stock market this week, according to analysts.
India strongly criticized Pakistan at the United Nations for misusing UN platforms to promote a divisive agenda by repeatedly raising the issue of Jammu and Kashmir.
Nearly two-thirds of external commercial borrowings (ECBs) raised so far in the ongoing financial year (2025-26/FY26) have been routed through Gujarat International Finance Tec-City (GIFT City), a sharp jump from the 36 per cent recorded in 2024-25.
After three consecutive months of heavy selling, foreign portfolio investors (FPIs) turned net buyers in the first week of February, infusing more than Rs 8,100 crore in Indian equities, aided by improving risk sentiment, along with a trade deal with the US.
Sitharaman continues with the tradition she set in 2019, carrying the budget speech in a 'bahi-khata', which she used after dropping the briefcase tradition.
In a relief to former BCCI president Anurag Thakur, the Supreme Court on Thursday cleared decks for his association with the board by modifying its January 2017 order.
Congress leader Rahul Gandhi has accused Prime Minister Narendra Modi of being 'anti-farmer' and 'selling' the country through the India-US interim trade deal, vowing to stand strongly with farmers.
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.
No income tax relief, but compliance burden eased for youth and middle class through lower TCS.
The Delhi High Court has asked the Centre to explore video conferencing options for an Indian citizen detained in the UAE, to facilitate legal assistance. The court is hearing a petition filed by the detainee's sister, actress Celina Jaitly, seeking legal representation for her brother.
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.
Rahul Gandhi claims the Indo-US trade deal will compromise the data security of 1.5 billion Indians, alleging Prime Minister Modi is surrendering India's data resources to the US. He warns of potential job losses in the IT sector due to AI and the importance of controlling India's data pool.
The Budget emerges as a measured, credible and forward-looking policy document that reinforces India's commitment to remaining a stable, reform-oriented economy amid an increasingly fragmented global landscape, says A Balasubramanian.
Aiyar's endorsement of Kerala Chief Minister Pinarayi Vijayan has ignited a political firestorm, drawing sharp rebukes from his own party.
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.
Capex, infrastructure development, and prudent fiscal management are the key focus areas in the Budget, says Nilesh Shah.
This would imply a 29 per cent year-on-year rise, significantly lower than growth rates seen in recent years.
Led by the country's biggest lender State Bank of India (SBI), public sector banks logged a record cumulative profit of Rs 52,603 crore in the third quarter of the current fiscal, reflecting an 18 per cent year-on-year growth.
China has reaffirmed its territorial claims over the Shaksgam Valley, dismissing India's objections to infrastructure projects in the area. The Chinese Foreign Ministry spokesperson stated that the territory is part of China and its activities there are beyond reproach.
'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.'
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.
The Indian Navy has been recognized as the best marching contingent among the armed forces at the Republic Day Parade. Maharashtra won for states/UTs, and the Culture Ministry for ministries/departments.
India will lower duty on European apples to 20 per cent under the trade pact, but the imports would be capped at 50,000 tonnes per year and subject to a minimum import price of Rs 80 per kg, thereby fully protecting domestic farmers, an official said on Wednesday.
President Droupadi Murmu and PM Narendra Modi congratulated India's U-19 team after their record sixth World Cup win, powered by Vaibhav Suryavanshi's stunning 175 against England in the final.
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.
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