Nirmala Sitharaman to Present Her Ninth Consecutive Budget Tomorrow New Delhi: All eyes are on Parliament as Union Finance Minister Nirmala Sitharaman prepares to present the Union Budget in the Lok Sabha tomorrow at 11 am. In a rare occurrence, stock markets will remain open on Sunday, as this year’s Budget presentation coincides with the Read More…
The Union Budget 2026 has projected India’s GDP growth for FY27 at 7.4%, reflecting strong confidence in the country’s economic momentum despite global uncertainties. The estimate underscores the government’s optimism about sustained growth driven by higher capital expenditure, infrastructure expansion, and steady domestic consumption. According to budget documents, key growth drivers include continued investment in Read More…
The Union Budget will be presented on a Sunday, with the Budget for the 2026–27 financial year scheduled for February 1. The calendar for the Budget Session was approved by the Cabinet Committee on Parliamentary Affairs, chaired by Defence Minister Rajnath Singh. This will be the ninth consecutive Budget presented by Finance Minister Nirmala Sitharaman, Read More…
India is witnessing a significant shift in wealth distribution, with the asset gap between the rich and the poor steadily narrowing, Finance Minister Nirmala Sitharaman informed Parliament. Minister highlighted that rural India is leading this transformation, driven by faster asset creation among lower-income households. Quoting household consumption and asset data, Sitharaman said the bottom 40 Read More…
New Delhi: Finance Minister Nirmala Sitharaman announced that India’s revamped Goods and Services Tax (GST) structure is already delivering visible benefits to consumers, with prices of key goods dropping across the country. Since the revised GST rates took effect on September 22, 2025, the government has been closely monitoring prices of 54 essential and consumer Read More…
New Delhi: Finance Minister Nirmala Sitharaman has warned that ongoing wars and rising strategic rivalries are reshaping the global order, redrawing the boundaries of both cooperation and conflict. Speaking at the Kautilya Economic Conclave 2025, Sitharaman highlighted how sanctions, tariffs, and decoupling strategies are dismantling traditional supply chains and testing old alliances, while paving the Read More…
New Delhi: Finance Minister Nirmala Sitharaman has highlighted that nearly ₹2 lakh crore is now staying with the people due to GST reforms, strengthening domestic consumption and giving a fresh boost to the economy. Explaining the impact, she said the government is not taking this sum as taxes, allowing it to remain with citizens and Read More…
New Delhi: Finance Minister Nirmala Sitharaman has voiced confidence that India’s fiscal deficit target of 4.4% of GDP (₹15.69 lakh crore) for FY 2025-26 will be met, despite a projected revenue shortfall of ₹48,000 crore. The government is banking on a spurt in consumer spending, especially after the rollout of the new GST regime, to Read More…
The 56th GST Council meeting, chaired by Finance Minister Nirmala Sitharaman, has kicked off with sweeping “next-gen” reforms on the agenda. Billed as GST 2.0, the overhaul aims to go far beyond routine rate tweaks, promising structural clarity and easier compliance for businesses. The big-ticket proposal is a simplification of tax slabs: the existing four-tier Read More…
Union Finance Minister Nirmala Sitharaman launched a blistering attack on Kerala’s labor practices during a fiery session in the Rajya Sabha, directly targeting the Communist Party of India (Marxist) (CPM) over the controversial issue of nokkukooli and the alleged closure of industries in the state. Often dubbed as “gawking wages,” nokkukooli refers to laborers demanding Read More…