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The provision is for expenditure on salaries, sumptuary and other allowances and travel by cabinet ministers, ministers of state and ex-prime ministers.
A National Institute of Hospitality can create future-ready professionals who understand destination-led hospitality, regional cultures and experiential dining, hoteliers said.
Finance Minister Nirmala Sitharaman proposed to increase the STT on Futures from 0.02 percent to 0.05 percent, while hiking the STT on options to 0.15 percent.
On February 1, Finance Minister Nirmala announced the creation of dedicated rare earth corridors across four mineral-rich states.
Tax-free redemption of Sovereign Gold Bonds will be allowed only for original buyers who hold the bonds till maturity, starting from April 2026
The sharp hike in Securities Transaction Tax on futures and options sparked a meme frenzy online, as traders responded with sarcasm and humour. As markets dipped on Budget Day, social media filled with jokes.
The move can significantly lower out‑of‑pocket burdens for families, given that India’s health insurance coverage for high‑end oncology biologics and personalised medicines remains limited, say experts
The Lawrence Bishnoi gang has claimed responsibility for the firing outside Rohit Shetty’s Juhu residence, issuing a direct threat to the filmmaker and the film industry. Mumbai Police and the Crime Branch have launched a manhunt and are analysing CCTV footage as the probe continues.
Shefali Bagga strongly condemned a set of AI-generated posters that went viral on social media depicting her alongside Indian cricketer Yuzvendra Chahal, his ex-wife Dhanashree Verma and RJ Mahvash in a fictional Kis Kisko Pyaar Karoon-style narrative.
The Centre's approach in this Budget stood in stark contrast to the announcements for Bihar and Andhra Pradesh last year.
Maj. Gen. (Retd.) Dhruv Katoch says India’s 7.84 lakh crore defence budget prioritises modernisation and capital expenditure, including fighter aircraft procurement, over pensions, with a focus on long-term defence preparedness.
Integrated parks and policy continuity may help organised players to grow faster
Union Budget 2026 allocates Rs 10,000 crore to the Biopharma SHAKTI programme, aiming to make India a global hub for biologics and biosimilars. Kiran Mazumdar‑Shaw welcomes the move, highlighting its role in boosting healthcare innovation in the country.
A fictional British AI girl named Amelia has gone viral on social media after being picked up by far-right groups. Originally created for an anti-extremism project, the character is now being used in memes and videos online.
The couple announced on February 1, 2026, that they are now proud parents of twins — a baby boy and a baby girl.
Under the new proposal, buyback proceeds will be taxed as capital gains for all shareholders, ensuring that tax is levied only on the actual economic gain.
Sitharaman said the government is seeking to meet the 'aspirations of youthful India' with these new measures
February 2026 offers a spectacular night sky for stargazers. From the Snow Moon and meteor showers to a rare annular solar eclipse and a six‑planet parade, skywatchers can witness a month full of celestial wonders. Learn when and where to look.
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.
While presenting Union Budget 2026, Finance Minister Nirmala Sitharaman said that the new version of the scheme aims to produce equipment and materials, design fullstack Indian IP, and fortify supply chains.
Union Budget 2026: Finance Minister Nirmala Sitharaman highlighted the growing burden of diabetes, obesity and cancer in India in her 9th Budget Speech on Sunday. She also announced measures to strengthen emergency and trauma care facilities nationwide.
This is one such unique budget which has focus on bringing down fiscal deficit, on bringing inflation under control and with this, Budget also has the combination of high CapEx and high growth, said Prime Minister Narendra Modi
Government’s efforts to increase productivity and yields should foster a supportive environment for shrimp exporters
Nifty PSU Bank Index tanks more than 4% following announcement of comprehensive review of banking sector
IT stocks continue to trade in red, amid weak market momentum and failure to absorb Union Budget 2026 measures as completely positive for the sector in near term.
