A day after Budget announcement, Union Finance Minister Nirmala Sitharaman said on Monday the hike in Securities Transaction Tax (STT) on futures and options (F&O) was to discourage investors from getting into speculative trading.
India's 2026-27 Union Budget reinforces a "whole-of-country" approach to industrial development, with a strong emphasis on public-private collaboration in strategic sectors such as semiconductors, rail infrastructure and rare earths, V. Vualnam, Secretary, Department of Expenditure, Minis
Rajasthan Chief Minister Bhajanlal Sharma addressed the media shortly after the Union Budget presentation, expressing heartfelt gratitude to PM Narendra Modi. He stated that the budget, presented by Finance Minister Nirmala Sitharaman, is not just a document but a strong declaration of in
Congress MP Karti Chidambaram on Monday criticised the Union Budget 2026-27, questioned the status of announcements made in the previous year's budget, and alleged that the promises made in this year's budget will never be fulfilled.
BJP national spokesperson CR Kesavan on Monday said the Union Budget gives a strong boost to Prime Minister Narendra Modi's 'Reform Express' and his vision of a developed India by 2047.
Speaking on the Union Budget 2026-27, Indian Council of Medical Research (ICMR) Director General Rajiv Bahl noted that the government has initiated a significant push to transform the country's pharmaceutical landscape by addressing regulatory gaps and enhancing research infrastructure. S
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
Budget 2026 Puts Ayush at the Heart of India's Integrative Healthcare Vision. Union Minister of State (Independent Charge) for the Ministry of Ayush, Prataprao Jadhav, stated that the latest budget announcements significantly strengthen the traditional medicine ecosystem.
Shiv Sena (UBT) MP Priyanka Chaturvedi on Monday said that Pakistan's decision to boycott the T20 World Cup match against India is "a slap on the face of Union Sports Minister Mansukh Mandaviya."
"Time is money. We decided not to waste time," Sreedharan told reporters here today on deciding to go ahead without formal approval. The proposed high-speed rail line will run from Thiruvananthapuram to Kannur, with a maximum speed of 200 kmph.
The Union Budget 2026 has signalled a sustained policy push for India's pharmaceutical and life sciences sector, with a strong emphasis on biopharma innovation, research infrastructure and affordability, even as direct tax incentives remain unchanged, noted EY's Budget sectoral alert.