Mumbai (Maharashtra) [India], February 2: SBI Life Insurance, one of the leading life insurers in the country registered a New Business Premium of ₹31,326 crores for the period ended on 31st December, 2025 vis-a-vis ₹26,256 crores for the period ended 31st December, 2024. Regular premium has
The three-time increase in allocation for the Production Linked Incentive (PLI) scheme for automobiles and auto components in the Union Budget 2026 is likely to significantly support electric vehicle (EV) penetration and localisation of component manufacturing, according to a report by Axis
"Nonetheless, some moderation in derivatives activity remains a risk, which could translate into lower trading turnover and consequently softer brokerage volumes and revenues from the derivatives segment for the securities broking industry," ICRA said. The proposed increase in STT on F&am
After losing growth traction at the end of 2025, Indian goods producers reported faster increases in new orders, output, employment and buying levels during January 2026, HSBC India Manufacturing PMI data showed Monday.
The Finance Minister noted that the economy faces global uncertainties, disrupted supply chains and rising demands for energy and critical minerals, necessitating resilient and forward-looking policy measures. Some of the key announcements of the budget were the public capital expenditure
The minister pointed out that the revenue deficit grant received by Himachal Pradesh under the recommendations of the Finance Commission has been steadily decreasing in recent years and has now been practically eliminated, whereas, given the state's financial situation and the heavy losse
The Union Budget 2026-27, presented in Parliament on Sunday, has increased public capital expenditure to Rs 12.2 lakh crore in FY 2026-27, with industry experts saying that the increased outlay will revitalise project pipelines.
Union Defence Minister Rajnath Singh on Sunday applauded the Indian Coast Guard for their role in fighting against terrorism, human trafficking, and controlling illegal activities and maintaining the maritime security of the country, the Defence Minister's office posted on X.
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
Prime Minister Narendra Modi said on Sunday that the Union Budget presented in Parliament earlier in the day will empower the poor, increase the income of farmers and boost the Make in India initiative.
Apart from the increased allocation, the central drug regulator has been strenghtened, a plan for building over 1,000 medical trial sites has been announced, and cancer medicines have been exempted from custom duties.
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.