Search For "financial"
Education budget raised by over 8 per cent for FY26-27 to Rs 1.39 lakh cro
Updated : 1 month, 2 weeks ago IST
With education and skilling placed at the core of India's long-term growth strategy in the Union Budget 2026-27, the government has allocated Rs 1.39 lakh crore to the education ministry, marking an 8.27 per cent increase over the previous financial year.
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Ministry of Defence receives record Rs 7.85 Lakh cr in Union Budget 2026-2
Updated : 1 month, 2 weeks ago IST
In the Union Budget post-Operation Sindoor, the Defence Services have received an unprecedented allocation of Rs 7.85 lakh crore for Financial Year (FY) 2026-27.
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Except F&O, STT rates remain same for others: Income Tax Dept on rate hike
Updated : 1 month, 2 weeks ago IST
It said the total volume of transaction in options and futures is more than 500 times of Indian Gross Domestic Product (GDP). "In Rupee terms, our GDP is 300 lakh crore rupees, while the volume for options and futures is more than 1.5 lakh lakh crore rupees. Therefore, there is justificat
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Budget 2026: High-level committee on Banking to be set up for India's next
Updated : 1 month, 2 weeks ago IST
"I propose setting up a 'High Level Committee on Banking for Viksit Bharat'", to comprehensively review the sector and align it with India's next phase of growth, while safeguarding financial stability, inclusion and consumer protection," she said, in her 90-minute-long Budget speech.
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Union Budget 2026 signals strong momentum for India's travel and tourism s
Updated : 1 month, 2 weeks ago IST
One of the most impactful announcements for the sector is the reduction in Tax Collected at Source (TCS) on overseas tour packages to a flat 2%. By easing the upfront financial burden on travellers, this policy is set to enhance affordability, encourage outbound travel, and stimulate dema
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"Our reaction to the Budget is positive", says CII President Rajiv Memani
Updated : 1 month, 2 weeks ago IST
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
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Antonio Guterres warns UN faces "imminent financial collapse" amid unpaid
Updated : 1 month, 2 weeks ago IST
The warning comes as the world body ended 2025 with record levels of unpaid dues and dwindling cash reserves. In a letter dated January 28 to ambassadors from all 193 member states, Guterres highlighted that the UN could run out of regular budget funds by July 2026 if current trends continu
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Union Budget 2026: Centre allocates Rs 1.4 lakh Cr for state local bodies,
Updated : 1 month, 2 weeks ago IST
The Centre has allocated Rs 1.4 lakh crores for states for the Financial Year 2026-27 as Finance Commission grants, Union Finance Minister Nirmala Sitharaman said on Sunday.
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Budget 2026: FM Sitharaman proposes seven high-speed rail corridors, freig
Updated : 1 month, 2 weeks ago IST
The proposed routes include Mumbai-Pune, Pune-Hyderabad, Hyderabad-Bengaluru, Hyderabad-Chennai, Chennai-Bengaluru, Delhi-Varanasi, and Varanasi-Siliguri. Together, they will link India's financial hubs, technology centres, manufacturing clusters, and emerging cities through faster, clean
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Budget 2026: Odisha, Kerala, Andhra, Tamil Nadu to have dedicated rare ear
Updated : 1 month, 2 weeks ago IST
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
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Union Ministers express confidence ahead of Budget presentation
Updated : 1 month, 2 weeks ago IST
Additonally, Uttar Pradesh Deputy Chief Minister KP Maurya voiced similar sentiments, stating that the Budget will be a step towards building a "Viksit Bharat".
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Gross GST collections rise 6.2 pc to Rs 1.93 lakh crore in January 2026: S
Updated : 1 month, 2 weeks ago IST
The gross Goods and Services Tax (GST) collections reached Rs 1,93,384 crore in January 2026, registering a robust year-on-year growth of 6.2 per cent, according to government sources.
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