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NEW DELHI: Finance minister Nirmala Sitharaman on Sunday presented the Union Budget for the financial year 2026-27 in the Lok Sabha during the ongoing Budget session of the Parliament, bringing a mixed reaction from political parties across the spectrum.While presenting her ninth consecutive Budget, the finance minister announced that the capital expenditure target will be…

Union Budget 2026 recognises the Indian IT sector as one of the key growth drivers for the country’s economy. Union Finance Minister Nirmala Sitharaman proposed a single category for companies offering IT services in the country. Highlighting India’s position as a global leader in software development services, IT-enabled services, Knowledge Process Outsourcing (KPOs) and contract…

NEW DELHI: Union finance minister Nirmala Sitharaman presented the Union Budget 2026-27 on Sunday amid rising global uncertainty regarding tariffs from the United States.The Budget proposals draw a clear line between items that may turn cheaper for consumers and sectors that could feel the pinch. On the relief side, the government has moved to lower…

Finance minister Nirmala Sitharaman Finance minister Nirmala Sitharaman, presenting her ninth consecutive Union Budget on Sunday, announced several major healthcare measures, including customs duty waivers on 17 cancer drugs and duty exemptions for medicines for seven rare diseases. The finance minister highlighted India’s economic stability, fiscal discipline, and sustained growth under the Narendra Modi-led NDA…

Union finance minister Nirmala Sitharaman on Sunday announced a nearly 9 per cent increase in capital expenditure, raising the allocation to Rs 12.2 lakh crore for FY 2026-27, as the government doubled down on infrastructure-led growth under its “future-ready Bharat” push.Presenting the Union Budget in Parliament, Sitharaman said the higher allocation was aimed at sustaining…

. Finance minister Nirmala Sitharaman, while presenting the Union Budget 2026–27 on Sunday, unveiled a Rs 10,000 crore biopharma initiative and announced the expansion of Ayurveda institutions to meet growing global demand for traditional medicine. To bolster India’s position as a global biopharma hub, the Budget proposed Biopharma Shakti, a new initiative with an outlay…

Union finance minister Nirmala Sitharaman on Sunday announced the setting up of a high-level committee on “Banking for Viksit Bharat”, signalling a comprehensive review of the financial sector as India prepares for its next phase of economic growth.“I propose setting up a high-level committee on banking for Viksit Bharat to comprehensively review the sector and…

Gold and silver prices tumbled on Sunday, hitting their lower circuit levels in futures trade, ahead of Union Budget 2026-27 presentation. Gold futures for April 2, 2026, delivery fell Rs 9,140, or 6%, to Rs 1,43,205 per 10 grams, while silver futures for March 5, 2026, delivery dropped Rs 17,515, or 6%, to Rs 2,74,410…

India’s Goods and Services Tax (GST) collections reached Rs 1,93,384 crore in January 2026, showing a strong year-on-year increase of 6.2 per cent, reported ANI. The revenue had stood at Rs 1,82,094 crore in January 2025.Cumulatively, gross GST receipts for the period from April to January FY26 amounted to Rs 18,43,423 crore, up 8.3 per…

Stock Markets Today: With the Union Budget 2026–27 set for today, one aspect that shows the general sentiment is the stock market. However, as the Budget this year falls on a Sunday, it becomes a question if the markets will open. The Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) have confirmed that markets…