A budget with a long-term focus
Short-term objectives of the financial markets may not have been met, but drivers of sustainable economic growth received a boost
OPINION | Budget positions robust health as productive economic infrastructure
For operators, this reframes the risk-reward equation and supports sustained, long-horizon investment
Budget 2026: A slow and multi-year grind towards building long term drivers of earnings and multiples
Grind is good, more sustainable than big bangs and we remain bullish on the long term story.
OPINION | India’s 16th Finance Commission: Status quo amidst grand bargain
The 16th Finance Commission retains states’ share of central taxes at 41%, adds a new GDP contribution criterion, and emphasises efficiency and fiscal discipline, sparking debate over equity and potential impact on poorer states
Moneycontrol Pro Panorama | Sunday's Budget brunch gives markets indigestion
For the Budget edition of Moneycontrol Pro Panorama: Budget meets targets but lacks excitement and bold initiatives, corporate tax changes may reduce earnings growth for companies, increased borrowing complicates RBI’s monetary policy planning, and more
Ayushman Bharat allocation almost unchanged at Rs 9,500 crore
Around 42.48 crore Ayushman Cards have been created till December 1 under the healthcare programme, which was launched in 2018
OPINION | Union Budget 2026–27: Capital discipline, structural reforms, and India’s growth inflection
It chooses credibility over expansion, capital formation over consumption stimulus, and programmatic reform over rhetorical ambition
OPINION | Budget expands semiconductor focus from being fab-centric to full value chain
The expanded scope is critical if India is to transition from being a participant to a structural player in the global semiconductor ecosystem
FM puts highways on fast track with Rs 3.09 lakh-crore allocation
Of the Rs 3.09 lakh crore, the National Highways Authority of India (NHAI) has been allocated around Rs 1.87 lakh, a 10 % increase from 2025-26
OPINION | Pragmatic budget which resisted the temptation of populism: CS Setty, Chairman, SBI
The Budget is fiscally prudent. It supports manufacturing and jobs, SMEs get funding and credit support, while financial markets are strengthened
Union Budget 2026: Boxes ticked, but where’s the spark?
The finance minister offers a steady, investment-heavy Budget that sustains momentum, but stops short of the transformative reforms needed to secure India's place in a fractured global economy
Union Budget 2026: Railways capital outlay raised to Rs 2.81 lakh crore
Finance Minister Nirmala Sitharaman further announced development of seven high-speed rail corridors between cities as ‘growth connectors’ between Mumbai-Pune, Pune-Hyderabad, Hyderabad-Bengaluru, Hyderabad-Chennai, Chennai-Bengaluru, Delhi-Varanasi, and Varanasi-Siliguri.
OPINION | Union Budget 2026 reflects swadeshi economics, aspirational Bharat and India’s civilisational confidence
The Union Budget 2026–27 reinforces Swadeshi Economics, prioritising tier-2 and tier-3 cities, MSME-led growth, and civilisational revival, reflecting the Modi government’s focus on self-reliance and aspirational Bharat
Budget 2026: Govt has maintained fiscal prudence along with capex push, says FM Sitharaman
Finance Minister Nirmala Sitharaman says public investment drive continues alongside macroeconomic stability
Economic Survey highlights growth momentum but flags urgent need for deregulation-led reforms
The Economic Survey pushes strongly for reforms and deregulation led growth. Economists highlight rigid labour codes and slow and inefficient liquidation laws as the two main challenges to India’s scaling-up problem, exactly the issues the survey stresses on.
Three things Union Budget 2026 must get right to restart earnings compounding in small and mid caps
A core expectation is that the government stays committed to public capex, with estimates of a ~10-15% increase. This matters because small & mid-caps benefit most when capex creates a multi-year order cycle, not just a one year push. Contextually, FY26 capex outlay was set at Rs 11.21 lakh crore.
Union Budget expected to renew focus on jobs, rural demand and sustainable development to drive India toward a $5 trillion economy
Investors should focus on policy continuity and stability. The finance ministry will endeavour to avoid any disruptive tax moves that could rattle sentiment or strain the fiscal framework.
Budget to support consumption demand through tax simplification, not big fiscal giveaways
Budget 2026–27 should prioritise continuity and execution. In an uncertain global environment, India’s ability to rely on resilient consumption, sustained investment and incremental but credible reforms could once again underpin its competitive advantage and growth.
Business in the Week Ahead (February 1- 6, 2026)
For the upcoming week, keep an eye on the Budget's impact, manufacturing and services data trends across regions. Interest rate decisions by the central banks of India, England and Europe will be key events to watch
The Reading List: January 30, 2026
Our research and opinion teams have curated a selection of articles and social media gems from the world of economy, business and finance for your weekend read
OPINION | Economic Survey: Focus on industry and infrastructure for 7% potential growth
Three aspects need more attention: growth enhancing reforms, employment intensity of industrialisation and domestic saving
Moneycontrol Pro Panorama | Waiting for Godot?
In this edition of Moneycontrol Pro Panorama: Budget opportunity to offset Trump-era tariff disruptions, Economic Survey overestimates patience and underplays near-term risks, high input costs threaten India’s competitiveness, and more
OPINION | Economic Survey highlights a new vision for tech sovereignty in India
India needs to rethink technological sovereignty. Focus should be on trust and predictable rules. Cross-border data flows are key. Forced localization isn’t the answer. AI and digital growth depend on this
Govt to stick to the path of fiscal consolidation - Prof Dev, PMEC chairman
Inside India’s path to fiscal consolidation, export diversification strategy and boosting growth- exclusive chat with PMEAC Chairman, Dr S. Mahendra Dev
Food weight drops below 40%, rural share rises to 55% in new CPI series
The weight of food and beverages in the headline index will decline sharply to 36.8 percent from 45.9 percent in the current 2012-based series
