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
Kharge also expressed disappointment over the lack of support for farmers, stating that they still await meaningful welfare support or an income security plan. He alleged that the inequality has surpassed levels seen under the British Raj, but the Budget does not mention it or provide any
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
One of the key takeaways for the industry leader was the sense of predictability in the government's policy direction. Goenka described the document as "a budget that reflects continuity and stability," noting that "the areas which the government has been speaking on over the years, continue
While presenting the Union Budget 2026-27, Union Finance Minister Nirmala Sitharaman proposed an outlay of Rs 20,000 crores over the next 5 years for Carbon Capture, Utilisation and Storage (CCUS) technologies to scale up and increase readiness in end-use applications.
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
She highlighted a significant evolution in how the government views women's work. She spoke about the successful foundation laid by previous initiatives, specifically noting that she intends to "build on the success of 'Lakpati Didi Programme'" which has already helped millions of women f
The government on Sunday announced the setting up of a high-powered Education to Employment and Enterprises Standing Committee to strengthen employment outcomes and assess the impact of emerging technologies, including artificial intelligence, on jobs and skill requirements.
Finance Minister Nirmala Sitharaman on Sunday announced the launch of India Semiconductor Mission (ISM) 2.0, with a Rs 40,000 crore outlay, aiming to boost the country's semiconductor ecosystem. This initiative focuses on producing equipment and materials, designing full-stack Indian inte
Congress MP Shashi Tharoor noted that the Indian batter Sanju Samson is out of luck after the right-hander faced another setback, scoring just 6 runs in the high-scoring India vs New Zealand 5th T20I on Saturday. He also lauded Ishan Kishan for his thunderous 42-ball century that helped I
Rai alleged that law and order in the state had completely collapsed, saying, "The state government is finished, and they are carrying out, half encounters, full encounters...They are bulldozing the homes, will they ensure justice to anyone?"