US EditionIndia's Finance Minister Nirmala Sitharaman Presents Ninth Consecutive Union Budget
The 2026-27 Budget raises public capital expenditure by 9% to Rs 12.2 lakh crore to boost infrastructure, manufacturing, and employment, supporting fiscal consolidation goals.
- Finance Minister Nirmala Sitharaman presented the Union Budget for 2026-27, raising public capital expenditure to Rs 12.2 lakh crore from Rs 11.2 lakh crore in the previous year to enhance infrastructure in India.
- Sitharaman proposed establishing dedicated Real Estate Investment Trusts to enhance the monetization of public sector assets.
- The Budget includes plans for seven high-speed rail corridors and a Dedicated Freight Corridor connecting Dankuni to Surat.
- The Economic Survey predicts India's GDP growth between 6.8% and 7.2% for the financial year 2026-27, indicating a robust economic outlook.
62 Articles
62 Articles
India budget ‘tactical’, not ‘breakthrough’, Moody’s Ratings says
By Ashwin Manikandan MUMBAI, Feb 1 (Reuters) – India’s annual federal budget was “tactical” but not a “breakthrough”, Moody’s Ratings said in its reaction to a government roadmap for the next financial year. Planned fiscal consolidation, which will bring the budget gap to 4.3% from 4.4% in the current year, will not change India’s credit profile, Christian de Guzman, senior vice president at Moody’s Ratings, told Reuters. “(Despite India’s) l…
Sitharaman proposes Rs 10,000 cr for making India as biopharma manufacturing hub
Finance Minister Nirmala Sitharaman on Sunday proposed Rs 10,000 crore investment over the next five years to develop India as a biopharma manufacturing hub, set up 1,000 clinical trial sites and strengthen the Central Drugs Standard Control Organisation.
PFC, REC rallies 6 pc as FM Sitharaman unveils restructuring plan in Budget
New Delhi: Shares of PFC and REC surged up to 6 per cent on Sunday, February 1, after Finance Minister Nirmala Sitharaman announced the restructuring of the two state-run entities as part of the government’s public sector financial institution strengthening. The scrip of Power Finance Corporation (PFC) climbed 5.90 per cent to Rs 401.75 apiece, while REC advanced 4.3 per cent to Rs 380 on the BSE. Meanwhile, markets is trading in the negative te…
Budget Speech 2026: Finance Minister Nirmala Sitharaman presented the country's budget for the financial year 2026-27 today (Sunday), February 1. During this, the Finance Minister made several announcements for cancer patients, youth, women, and farmers. The budget's main focus is on building a developed India. Let's read Finance Minister Nirmala Sitharaman's full budget speech in Hindi.
Union Budget 2026: Finance Minister Nirmala Sitharaman raised public capital expenditure (capex) to Rs 12.2 lakh crore for FY 2026–27.
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