Deepak Joshi, Member of the Managing Committee, IMC, stated similar sentiments, saying that the budget is focused on macroeconomics and policy, and will support the 'Atmanirbhar Bharat' programme.
The industry has reacted with notable optimism, particularly regarding the scale of public spending. Amisha Vora, Chairperson & Managing Director of PL Capital - Prabhudas Lilladher, highlighted that the 24 Per cent rise in government capex is "huge" and noted the strategic importance
Prime Minister Narendra Modi on Sunday hailed the Union Budget 2026-27 as a "strong foundation" for India's journey towards Viksit Bharat 2047, saying it will infuse fresh energy into the nation's ongoing reforms.
The Union Budget 2026-27 has drawn positive reactions from industrial sectors for its focus on manufacturing priorities, export competitiveness, and the transition toward cleaner technologies. Industry experts have noted that the fiscal roadmap reinforces India's position as a reliable gl
The MoU was signed in the presence of Union Minister of State for Commerce & Industry and Electronics & Information Technology Jitin Prasada, Secretary of the Ministry of Electronics and Information Technology (MeitY) S. Krishnan, senior MeitY officials, and leadership teams from both BISAG-
Industry leaders across real estate, finance, manufacturing and capital markets have largely welcomed the Union Budget 2026, calling it growth-oriented, people-centric and supportive of long-term economic resilience, with a strong thrust on infrastructure, urban development and MSMEs
Union Finance Minister Nirmala Sitharaman on Sunday presented the Union Budget 2026-27 in Parliament, proposing a significant 9 per cent increase in capital expenditure to Rs 12.2 lakh crore. The allocation aims to sustain the momentum in infrastructure development and support economic gr
The capital expenditure has been increased to Rs 11.21 lakh crore, up from the Rs 11.21 lakh crore allocated in the last Union Budget for FY25-26. For FY26, the government had set a capex allocation of Rs 11.21 lakh crore.
The Government had approved the 'Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnet' with a financial outlay of Rs 7,280 crore. The scheme aims to establish 6,000 metric tonnes per annum (MTPA) of integrated REPM manufacturing capacity in India, covering the full chai
According to the Indian Army, the engagement between the two countries on the defence front will underscore India's commitment to strengthening bilateral strategic ties through professional military education, capacity building, and a shared vision for regional stability and security.