Boeing welcomed the government's decision to remove the 7.5%-15% basic customs duty on components and parts used in the manufacture of civilian aircraft, calling it a transformative step for the sector. This move is expected to reduce manufacturing costs by 5-7% and support local players
Recognising this importance, the Union Budget 2026-27 has reinforced support for manufacturing through targeted measures focusing on investment incentives, innovation, infrastructure development, and industrial ecosystem strengthening, it added. Building on the three defined Kartavyas , the
Union Finance Minister Nirmala Sitharaman on Wednesday said that West Bengal has been placed at the centre of the Union Budget 2026-27 under the government's 'Purvodaya' (Rise of the East) strategy, rejecting allegations that the state did not find mention in the Budget.
Echoing similar sentiments, SP MP Anand Bhadauriya termed the Budget "hollow". "We had initially hoped that the budget would be a good one, but a hollow budget was presented. The opposition raised questions in the House, but the Finance Minister did not give a meaningful response to any o
"In the coming year, the States' share is estimated at Rs 25.44 lakh crore, which is devolved to them, an increase of Rs 2.7 lakh crore from last year," she said while replying to the debate in the Lok Sabha on the Union Budget 2026-27. She cited the 16th Finance Commission and said it ha
With political exchanges intensifying in Himachal Pradesh over the Revenue Deficit Grant (RDG) and the state's financial condition, BJP's co-incharge for Himachal Pradesh Sanjay Tandon on Wednesday accused the Congress government of attempting to shift blame to the Centre to cover up its
Replying to the debate in the Lok Sabha on the Union Budget 2026-27, Sitharaman outlined various government initiatives, including skilling and infrastructure investment
Thakur stated that the women-centric governance of the Narendra Modi government has evolved beyond symbolism to measurable financial commitments and structural reforms, as reflected in the enhanced Gender Budget and targeted sectoral allocations.
"Jab iss budget (Union Budget 2026-27) pe sabhi nigaahen jhuk gayi, toh wahan kaunsa accha budget aayega (If the Union Budget disappointed everyone, what can one expect (from UP budget). Kaunsa arthshastri CM baitha hai (The CM is not an economist)," Yadav told reporters in New Delhi.
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.