New GDP Series changes size and structure of Indian economy, with India's latest national accounts revision altering estimates of the economy's size, sectoral composition and expenditure patterns while improving statistical measurement of economic activity according to the Finance Ministry's
Chief Economic Advisor Anantha Nageswaran on Thursday said that the Consumer Price Index, based on the revised base year, will improve the quality of monetary and fiscal policy decisions.
The recently announced trade deals with the United States and the European Union (EU), along with the fiscal policy roadmap outlined in the Union Budget 2026-27, uphold India's (CareEdge Global BBB+/Stable) sovereign credit profile, according to a report by CareEdge Ratings.
He also emphasised the importance of prioritising India's interests despite global uncertainties, citing the government's efforts to develop alternate markets and pursue Free Trade Agreements (FTAs)
President Droupadi Murmu on Sunday offered 'dahi-cheeni' (curd and sugar) to Union Finance Minister Nirmala Sitharaman as it is considered auspicious ahead of the presentation of her ninth Union Budget.
Sitharaman is set to present her ninth consecutive Union Budget, which will see her equal former Finance Minister P. Chidambaram's record and surpass that of Pranab Mukherjee. Former Prime Minister Morarji Desai continues to hold the record for presenting the most Union Budgets in indepen
Union Finance Minister Nirmala Sitharaman is expected to present a Rs 54.1 lakh crore Union Budget for FY2026-27, registering a year-on-year growth of 7.9 per cent, according to a report by Sunidhi Securities & Finance Limited.
Union Finance Minister Nirmala Sitharaman will move for leave to introduce the Finance Bill, 2026, today at 11 am during the Budget session in Lok Sabha.
Supportive fiscal and monetary policies, along with financial deregulation, are expected to aid a revival in the consumer demand in India into FY27, even as the global environment remains uncertain, according to a report by HSBC Asset Management.
Union Minister Kiren Rijiju on Friday announced that President Droupadi Murmu has approved the meeting of both Houses for the Budget Session 2026, commencing on January 28.