Maharashtra left empty-handed despite being major driver of GDP: Cong’s Wadettiwar The Union Budget has once again dealt a blow to Maharashtra and left farmers, workers and the middle class deeply disappointed, senior Congress leader Vijay Wadettiwar said on Sunday (February 1, 2026). Addressing reporters in Nagpur, Mr. Wadettiwar alleged Maharashtra has been “left empty-handed”…
Finance Minister Nirmala Sitharaman shows the digital tablet, enclosed in a traditional red ‘bahi-khata’ style pouch, at the Parliament premises before presenting of the ‘Union Budget 2026-27’, in New Delhi on February 1, 2026. | Photo Credit: PTI A total outlay of over ₹50 lakh crore for all Ministries was given in the 2026-27 Union…
With the current outdated definition of affordable housing, CREDAI said the affordable housing segment’s share could decline further from 18% to nearly 12% of total housing supply. Image used for representative purpose only. | Photo Credit: Reuters Realtors’ apex body CREDAI on Sunday (February 1, 2026) expressed disappointment that the Union Budget did not provide…
The mobile manufacturing segment witnessed a nearly 30-fold increase in production value, rising from ₹18,000 crore in FY15 to ₹5.45 lakh crore in FY25. Representational image. | Photo Credit: Getty Images/iStockphoto Union Finance Minister Nirmala Sitharaman on Sunday (February 1, 2026) announced that the outlay for the Electronics Component Manufacturing Scheme (ECMS) would be increased…
Finance Minister Nirmala Sitharaman on Sunday (February 1, 2026) presented the Union government’s budget for FY2026. Also read: Union Budget 2026 LIVE updates Borrowings and other liabilities form the largest source of funds for this Budget, accounting for 24% of total inflows, unchanged from the previous year. Income tax is the second-largest contributor at 21%…
Finance Minister Nirmala Sitharaman presents the ‘Union Budget 2026-27’ in the Lok Sabha, in New Delhi on February 1, 2026. Photo credit: Sansad TV The Union Finance Minister on Sunday (February 1, 2026) proposed a six-month foreign asset disclosure scheme for small taxpayers like students, tech professionals and relocated NRIs. Ms. Sitharaman was presenting her…
Union Finance Minister Nirmala Sitharaman proposed to support the mineral-rich states of Odisha, Kerala, Andhra Pradesh, and Tamil Nadu in establishing dedicated rare-earth corridors. Image used for representative purpose only. | Photo Credit: Reuters Union Finance Minister Nirmala Sitharaman proposed to support the mineral-rich states of Odisha, Kerala, Andhra Pradesh, and Tamil Nadu in establishing…
Gross tax collections from domestic transactions grew 4.8% to₹1.41 lakh crore, while import revenues were up 10.1% to ₹52,253 crore in January. File. | Photo Credit: Nagara Gopal Gross GST collections rose 6.2 per cent to over ₹1.93 lakh crore in January, mainly on higher revenues from imports, sources said on Sunday (February 1, 2026). Total…
This follows a price hike in January, when commercial LPG cylinder rates were increased, adding to the cost burden for hotels, restaurants and other commercial users. File image. | Photo Credit: PTI Oil marketing companies increased the price of 19 kg commercial LPG cylinders by ₹49, with the new rates coming into effect from Sunday…
Finance Minister Nirmala Sitharaman is expected to unveil measures to sustain growth momentum, maintain fiscal discipline, and contain reforms that could buffer the economy from global trade frictions, including U.S. tariffs. Ms. Sitharaman’s sweeping income tax and GST cuts, together with spending on infrastructure and the RBI’s interest rate reductions, have so far helped the…
