The proposals outlined in Budget 2026-27 represent a carefully crafted, multi-year strategy designed to strengthen India's big bets on the path to Viksit Bharat 2047, says Sameer Gupta.
'Uncertainty level A in the morning, uncertainty level B in the afternoon. If I answer about tariff rates now, I'll be outdated by the evening.'
Since April 4, around 35 importers in India have either not received any shipment of the magnets or have not been granted the import licences by China.
Suspended TMC MLA Humayun Kabir has initiated the construction of a mosque modeled after the Babri Masjid in West Bengal's Murshidabad district, sparking political reactions and debate.
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.
ISRO's PSLV-C62 successfully launched an earth observation satellite along with 14 other commercial payloads from Sriharikota, marking the first launch of the year.
This year's Economic Survey and the Union Budget were more closely followed for more reasons than one.
The private consortium would invest more than Rs 1,200 crore over the next five years to launch a constellation of 12 state-of-the-art Earth Observation satellites equipped with panchromatic, multispectral, hyperspectral, and microwave SAR (synthetic aperture radar) sensors.
'This Budget has a one-year agenda, which you can call the sprint, and the marathon is towards Viksit Bharat.'
The country's largest carmaker Maruti Suzuki India is recalibrating production of its upcoming model e-Vitara due to the shortage of rare earth magnets, industry sources said. The auto major is looking to produce around 8,000 units of the model by September as against the earlier stated plan of rolling out over 26,000 units during the period.
The automobile industry has sought government support in expediting approvals from the Chinese government for importing rare earth magnets used in various applications, including passenger cars. As per the industry sources, various domestic suppliers have already sought approval from the Chinese government through their local vendors in China.
The Budget reflects a clear focus on strengthening India's long-term prospects by leaning on nation-building sectors such as infrastructure, manufacturing, and technology while maintaining fiscal responsibility.
Maruti Suzuki India (MSIL) said on Thursday its operations are unaffected by the global rare earth magnet shortage, but added that the situation is "uncertain and evolving". The firm said it is exploring multiple solutions to maintain continuity in operations and will notify stakeholders in case of material impact.
Sarla Maheshwari brought families together for that half hour -- delivering the news with remarkable poise, a firm command over language, without drama or noise. She was a classic.
Bollywood stars are celebrating #EarthDay by posting pictures and important messages.
The Bharatiya Antariksh Station represents the next phase of India's human spaceflight ambitions, enabling long-duration presence in space, advanced microgravity research and technology development, and supporting future human exploration missions.
You can compound money. You cannot compound being young and stupidly in love. So? 'Don't Play Small' this Valentine's Day
'India-Pakistan match, if it does not happen, no big deal. Honestly, for a long time now, the actual game has never lived up to the hype and the drama we built up before the match.'
India's macroeconomic health is in a "relative goldilocks situation", and although the risk of higher landed oil prices, due to insurance cost surges and closure of choke points due to the brief Israel-Iran war, has receded, it is "too soon to sound the 'all clear' for the rest of the year", the Finance Ministry said on Friday.
In the 15 Union Budget presentation days of the Narendra Modi government since it came to power in 2014, the BSE benchmark Sensex has ended in negative territory eight times.
'For the first time in a hundred years, the army has been taken out of the political equation. And for the first time ever, there is only one man who calls the shots. Not even Mao had this kind of power.'
Benchmark stock indices Sensex and Nifty dived sharply by nearly 2 per cent on Sunday after Finance Minister Nirmala Sitharaman proposed a hike in the Securities Transaction Tax (STT) on derivatives. Reversing the early gains, the 30-share BSE Sensex plunged sharply by 2,370.36 points or 2.88 per cent to slide below the 80,000-mark at 79,899.42 in afternoon trade as the finance minister announced a hike in STT on futures contracts to 0.05 per cent from the current 0.02 per cent.
A Spanish startup, Orbital Paradigm, claims its payload, KID, survived the failed PSLV-C62 mission and transmitted data, despite ISRO's silence on the matter. The mission, carrying 16 satellites, failed due to issues in the rocket's third stage.
Budget 2026 sticks to fiscal discipline, shuns populist measures despite five key state elections coming up, but ends up rattling stock markets with a higher transaction tax on derivatives trading.
NASA astronaut Sunita Williams retires after 27 years, completing three missions aboard the International Space Station and setting numerous spaceflight records. She is currently visiting India.
'The prime minister didn't come to Parliament.' 'But the BJP MP is charging that you wanted to assault the prime minister.' 'Only a person who has the intellect and ideology of the BJP can come up with such bizarre charges.'
'The pandemic has led to an immense disruption in the world's political, financial, military and geopolitical situation. The pandemic was a warning.'
The Polar Satellite Launch Vehicle (PSLV) in its 63rd mission, would carry the earth observation satellite (EOS-09) which would be capable of capturing high-resolution images of the Earth's surface under all weather conditions.
'The government is actively engaging with EU to ensure that concerns of Indian companies and hard-to-abate sectors are adequately addressed under CBAM'
The government's Budget announcements providing tax holiday for data centres, setting up of city economic regions (CERs) and funding to improve infrastructure in Tier-II and -III cities may give an indirect boost to India's realty sector, said industry executives.
Aamir Khan on Gauri Spratt: 'In my heart, I'm already married to her'
Reiterating Sitharaman's statement that this is a youth power budget, Modi emphasised that the provisions made in the budget will prepare leaders, innovators and creators across different sectors.
ISRO is developing a third launch pad at Shriharikota to accommodate heavier satellites and next-generation launch vehicles. The new facility will support both crewed and uncrewed missions.
Oblique Seville, who finished last in the Paris Olympics final last year, emerged an easy winner with 9.77 -- to be placed 10th on the all-time list. Melissa Jefferson-Wooden claimed a dominant victory in the women's 100 metres in 10.61 seconds -- the fastest time ever run at a World championships.
Aryna Sabalenka swept to her fourth successive Australian Open final with a 6-2, 6-3 win over Ukrainian Elina Svitolina.
As Sunita Williams returns to Earth after nine months on the International Space Station, actors R Madhavan and Jackie Shroff joined the world in welcoming her back.
For the first time, there will be an Indian connection to a crewed Moon mission.
The Union Budget for 2026-27, presented by Finance Minister (FM) Nirmala Sitharaman on Sunday, which was a first, had an excellent domestic macro backdrop. According to the first advance estimates, gross domestic product (GDP) in constant prices is projected to grow 7.4 per cent in the current financial year, against 6.5 per cent in 2024-25.
Weighing 6,100 kg, the communication satellite would be the heaviest payload to be placed into the Low Earth Orbit (LEO) in LVM3 launch history from Indian soil.
'The reported deal between the European Union and China should mitigate it (shortage) for the medium to long term. Let's wait and watch how this plays out.'
