Nirmala Sitharaman

In another post in Hindi, Jairam Ramesh said, "It (Budget) turned out to be completely insipid."

The budget focuses on new economy sectors such as artificial intelligence, hi-tech, rare earths, and data centers. The budget also emphasizes fiscal consolidation, with a target to keep the fiscal deficit at 4.3% of GDP in 2026-27. The government plans to increase capital expenditure on infrastructure projects to stimulate economic growth and create jobs, while also promoting private investment.

The Finance Minister also announced seaplane viability gap funding scheme to to provide support for operations.

This year’s Budget places a strong emphasis on future-ready sectors, with a focus on emerging technologies such as artificial intelligence and battery storage

FM cites fulfilling aspirations and building capacity as kartavya, social sector layout sees a modest uptick

Experts say that the proposed fund aims to reduce risk perception among lenders and private developers, a key hurdle that has constrained funding for large real estate, urban infrastructure and construction projects.

The freshly announced rural employment scheme, which replaces MGNREGS, was allocated Rs 44,506 cr, the Jal Jeevan Mission has been allocated Rs33022 cr, up from the Budget estimates of Rs 20476 Cr for FY 2025-26 – the mission barely spent Rs8306 cr of the amount allocated.

Changes aim to ease compliance, reduce litigation, and simplify deductions under the Income Tax Act

Finance Minister Nirmala Sitharaman announced customs duty exemptions in Union Budget 2026 for civilian aircraft components and defence MRO raw materials to boost domestic manufacturing and reduce import dependence.

At present, this interest is treated like regular taxable income

India’s Budget 2026 places a ₹20,000 crore bet on carbon capture technologies, signalling a quiet shift in how heavy industries may cut emissions while reshaping future climate and industrial strategies.

To promote the adoption of digital payments, the government mandated that UPI transactions remain free for users, and in return, it will compensate payment firms for the costs they bear to facilitate them

Union Budget 2026 grants prosecution immunity for undisclosed small foreign assets below Rs. 20 lakh, launches a one-time six-month disclosure window, and mandates TDS on property sales by non-residents nationwide compliance.

Union Finance Minister Nirmala Sitharaman on Sunday announced a dedicated freight corridor connecting Dankuni in the east to Surat in the west.

To qualify, such companies must route services for Indian customers through an Indian reseller entity, ensuring that India not only becomes a global hub for cloud infrastructure.

Union Finance Minister Nirmala Sitharaman on Sunday announced a rare earth corridor for poll-bound Tamil Nadu.

The Budget has also proposee 'mega textile parks' with a thrust on value addition and technical textiles, while simultaneously strengthening khadi, handloom and handicrafts through investments in training, skilling and quality upgradation

Finance Minister Nirmala Sitharaman says public investment drive continues alongside macroeconomic stability

Shares of Power Finance Corporation and REC rallied over 4% each after the finance minister proposed restructuring the two state-run lenders.

The fiscal deficit in FY25 stood at 4.8 percent of GDP, which was 80 bps lower than 5.6 percent in FY24.