In its report titled "India: US-India conclude trade deal: President Trump lowers 'reciprocal' tariffs on India to 18%", Goldman Sachs noted that President Trump announced on social media a reduction in the reciprocal tariffs on Indian goods imports to 18% down from the earlier 25%, 'effecti
India's medium-term macro outlook remains constructive as the Union Budget for FY27 signals continuity in capital expenditure alongside a softer fiscal drag, according to a report by Goldman Sachs.
"They don't know how to read. If you ask Rahul Gandhi what nominal GDP is, he'll throw his hands up in the air... He doesn't even know what capital expenditure (capex) is. This budget is meant to lay the foundation for the country's future...," Jaiswal said.
The Union Budget for FY27 has adopted a calibrated approach to fiscal consolidation while prioritising higher government spending and sector-specific incentives, according to a report by Jefferies.
"Yes it's a Union Budget and we're supposed to be speaking of the entire nation. But the nation is made up of states, and in the last decade, the bjp has changed the rules. Maharashtra, the largest contributor to the union govt's treasury, is not even an afterthought. Be it GDP, GST, Inco
Senior Congress leader P. Chidambaram on Sunday raised concerns over the Union Budget 2026, questioning the government's approach on trade, investment, and defence expenditure.
Union Minister Jitan Ram Manjhi on Sunday praised the Union Budget 2026-27, emphasising that Micro, Small and Medium Enterprises (MSMEs) are the backbone of the Indian economic system. He highlighted the increase in allocation from Rs 23,168 crore to Rs 24,566 crore, aimed at boosting GDP
"In the budget presented by the Central Government in the country's Parliament today, regarding various schemes, projects, promises, and assurances, the future outcomes of these seem to suggest that while their names are grand and lofty, it would be better if their manifestations on the g
Union Development of North Eastern Region (DoNER) and Communications Minister Jyotiraditya Scindia on Sunday stated that the Union Budget 2026 focuses on the North Eastern states with the allocation of a budget of Rs. 8,500 crore to DoNER for growth and development works.
BJP National President Nitin Nabin on Sunday stated that the Union Budget 2026 is a testament to the commitment to achieve the goal of "Viksit Bharat 2047."
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