News for 'Union of India'

Govt proposes to lower debt-to-GDP ratio to 55.6%

Govt proposes to lower debt-to-GDP ratio to 55.6%

Rediff.com1 Feb 2026

The government has proposed to lower debt-to-GDP ratio to 55.6 per cent in FY27, from 56.1 per cent in the current fiscal year, Finance Minister Nirmala Sitharaman said on Sunday.

Govt proposes to lower debt-to-GDP ratio to 55.6%

Govt proposes to lower debt-to-GDP ratio to 55.6%

Rediff.com1 Feb 2026

The government has proposed to lower debt-to-GDP ratio to 55.6 per cent in FY27, from 56.1 per cent in the current fiscal year, Finance Minister Nirmala Sitharaman said on Sunday.

Nirmala Sitharaman, the longest serving FM will present record 9th Budget on Feb 1

Nirmala Sitharaman, the longest serving FM will present record 9th Budget on Feb 1

Rediff.com30 Jan 2026

Sitharaman took charge of the Finance Ministry on May 31, 2019, and has steered the economy through the COVID-19 pandemic and geopolitical turmoil, making India the fastest-growing major economy in the world.

Karan Fries: India's New Dairy Powerhouse

Karan Fries: India's New Dairy Powerhouse

Rediff.com17 Jan 2026

Karan Fries is a synthetic cow breed developed by the National Dairy Research Institute, Karnal.

MHA gets Rs 2.55 lakh cr as Budget sharpens focus on internal security

MHA gets Rs 2.55 lakh cr as Budget sharpens focus on internal security

Rediff.com1 Feb 2026

The Union Budget 2025-26 had allocated Rs 2,33,210.68 crore (BE) to the ministry helmed by Union Home Minister Amit Shah.

Rise beyond...: India thrashes Pak at UN over Kashmir

Rise beyond...: India thrashes Pak at UN over Kashmir

Rediff.com16 Jan 2026

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.

Modi moves to new PMO, Seva Teerth; takes 1st decision on...

Modi moves to new PMO, Seva Teerth; takes 1st decision on...

Rediff.com13 Feb 2026

Prime Minister Narendra Modi inaugurated the Seva Teerth complex, which will house the Prime Minister's Office (PMO), the National Security Council Secretariat, and the Cabinet Secretariat, marking a shift towards modernizing India's administrative governance.

'We Can't Trust The Manipur Government'

'We Can't Trust The Manipur Government'

Rediff.com10 Feb 2026

'Whether we like it or not, we have been separated by the Meiteis and therefore we have put up our demand for a separate administration in the form of a Union territory with legislature.' 'For us lasting peace is the achievement of our demand.'

India flags 'huge mountain of debt' in developed nations as matter of concern

India flags 'huge mountain of debt' in developed nations as matter of concern

Rediff.com22 Jan 2026

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.

Small taxpayers get relief window for foreign asset disclosure

Small taxpayers get relief window for foreign asset disclosure

Rediff.com1 Feb 2026

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.

Auto firms hope to drive to Europe taking the FTA route

Auto firms hope to drive to Europe taking the FTA route

Rediff.com11 Feb 2026

The India-EU free trade deal could help Indian-made cars enter Europe at lower costs and challenge Chinese dominance.

Days after landslide poll victory, BNP office set ablaze in Bangladesh

Days after landslide poll victory, BNP office set ablaze in Bangladesh

Rediff.com15 Feb 2026

Unidentified miscreants smashed a window and threw "petrol or similar substance" inside before igniting the blaze

'Mohabbat ki dukaan' leaders chant 'Modi teri kabr khudegi': Modi slams Cong

'Mohabbat ki dukaan' leaders chant 'Modi teri kabr khudegi': Modi slams Cong

Rediff.com5 Feb 2026

Prime Minister Narendra Modi launched a strong attack on the Congress party, accusing them of being unable to accept their repeated electoral defeats and highlighting the achievements of his government.

Budget hollow, directionless; ignoring people's hardships: Opposition

Budget hollow, directionless; ignoring people's hardships: Opposition

Rediff.com1 Feb 2026

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.

6 Facts About The Budget You Didn't Know

6 Facts About The Budget You Didn't Know

Rediff.com31 Jan 2026

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.

Rahul calls Ravneet Bittu 'traitor'; He responds with 'Desh ke dushman' jibe

Rahul calls Ravneet Bittu 'traitor'; He responds with 'Desh ke dushman' jibe

Rediff.com4 Feb 2026

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.

I'm a Gandhian, Nehruvian, Rajivian, but not a....: Mani Shankar Aiyar

I'm a Gandhian, Nehruvian, Rajivian, but not a....: Mani Shankar Aiyar

Rediff.com18 Feb 2026

Congress veteran Mani Shankar Aiyar clarifies his political affiliations, identifying as a Gandhian, Nehruvian, and Rajivian, while explaining his distance from Rahul Gandhi's political approach and his disapproval of Indira Gandhi's Emergency declaration.

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.

Budget themes paint it as a reformative exercise

Budget themes paint it as a reformative exercise

Rediff.com11 Feb 2026

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.

China overrules India's objections to Shaksgam Valley infra push

China overrules India's objections to Shaksgam Valley infra push

Rediff.com12 Jan 2026

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.

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.

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%

Jamiat slams order on mandatory singing of Vande Mataram

Jamiat slams order on mandatory singing of Vande Mataram

Rediff.com12 Feb 2026

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.

Budget 2026: Prez Murmu offers 'Dahi-Cheeni' to Sitharaman

Budget 2026: Prez Murmu offers 'Dahi-Cheeni' to Sitharaman

Rediff.com1 Feb 2026

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.

Ugly scenes could have taken place in Lok Sabha: Rijiju

Ugly scenes could have taken place in Lok Sabha: Rijiju

Rediff.com10 Feb 2026

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.

'Don't Get Carried Away Signing A Trade Agreement'

'Don't Get Carried Away Signing A Trade Agreement'

Rediff.com9 Feb 2026

'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.'

Sensex reclaims 84K-mark; Nifty ends up 174 points

Sensex reclaims 84K-mark; Nifty ends up 174 points

Rediff.com9 Feb 2026

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.

Key factors that will drive the markets this week

Key factors that will drive the markets this week

Rediff.com8 Feb 2026

Inflation data, trading activity of foreign investors and global trends would dictate sentiment in the stock market this week, according to analysts.

Budget 2026: Modest Relief For Students, Travellers

Budget 2026: Modest Relief For Students, Travellers

Rediff.com2 Feb 2026

No income tax relief, but compliance burden eased for youth and middle class through lower TCS.

FPIs invested Rs 8,100 cr in a week on US trade deal

FPIs invested Rs 8,100 cr in a week on US trade deal

Rediff.com8 Feb 2026

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.

Nirmala Sitharaman creates history with 9th consecutive Budget

Nirmala Sitharaman creates history with 9th consecutive Budget

Rediff.com1 Feb 2026

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.

Supreme Court lifts Anurag Thakur's BCCI ban

Supreme Court lifts Anurag Thakur's BCCI ban

Rediff.com5 Feb 2026

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.

India Suffers While China, EU Buy Russian Oil

India Suffers While China, EU Buy Russian Oil

Rediff.com7 Jan 2026

India has gained the least since Russia invaded Ukraine in February 2022 and was penalised the most, while the US, China and the European Union emerged as the biggest beneficiaries from the war.

GIFT IFSC captures 65% of ECBs in FY26 on lower taxes, lighter rules

GIFT IFSC captures 65% of ECBs in FY26 on lower taxes, lighter rules

Rediff.com13 Feb 2026

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.

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.

Why India-US Trade Deal Is Delayed

Why India-US Trade Deal Is Delayed

Rediff.com14 Jan 2026

A trade deal makes sense only if it is fair and reciprocal. If the cost is strategic dependence or loss of policy space, waiting is the wiser option, asserts Ajay Srivastava.

Budget 2026 backs jobs, tech and capital markets

Budget 2026 backs jobs, tech and capital markets

Rediff.com4 Feb 2026

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.

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.

'FIR or privilege motion, I will fight for farmers': Rahul Gandhi

'FIR or privilege motion, I will fight for farmers': Rahul Gandhi

Rediff.com12 Feb 2026

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.

HC seeks video access to actor Celina Jaitly's brother detained in UAE

HC seeks video access to actor Celina Jaitly's brother detained in UAE

Rediff.com10 Feb 2026

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.