As FM Nirmala Sitharaman presents her ninth straight Budget, the finance ministry marks a new era-shifting the historic exercise from North Block to the modern Kartavya Bhawan
The Budget session will start on January 28 and continue until April 2 in two phases. The first phase ends on February 13, with Parliament reconvening on March 9
A report by Knight Frank India said supply-to-demand ratio for affordable housing across the top 8 cities plummeted to 0.36 in 2025 (until June), down from 1.05 in 2019
"The meeting, to be chaired by the Joint Secretary (banking) in DFS, will assess the status of unclaimed deposits transferred to the DEA Fund and the pace of claims settlement across banks
Govt is yet to formally announce the dates
Of the total projects, 232 are related to central ministries and departments, while the remaining 630 are with states and Union Territories
With roads and railways nearing capacity limits and aviation largely privatised, the government is turning to ports and shipping to sustain its capex push in FY27
Plans to invest and hire more but is concerned about global uncertainty
While future Budgets will continue to specify annual fiscal deficit numbers, these will now be derived from the debt target rather than serving as the primary target
10 states with the highest debt to GSDP ratio have debt levels above 30% of GSDP
The government moved to steady the economy amid global uncertainty. Crises at IndiGo and BluSmart, meanwhile, underlined the need for tighter oversight and stronger governance
Three laws passed in Parliament could boost central revenues, reshape GST cess flows, shift MGNREGA costs to states and create new budget headroom ahead of the 2026-27 Union Budget
In 2025, Indian women left a decisive mark across governance, security, sports and culture, shaping outcomes, changing policies, breaking records and inspiring millions nationwide
Senior officers from the Ministry of Finance and the Ministry of Corporate Affairs, and associated departments also attended the event
The Union Budget has been presented on February 1 since 2017, and 2026 will be the first occasion since then that it falls on a Sunday
The Code also attempts to decriminalise certain violations which are procedural or technical in nature into civil penalties
According to the government, the existing laws are very old and do not fully match the current markets and technology
India, she said, only safeguarded its domestic industries against flooding which happens from a "predator"
The finance minister stressed that fiscal management remains a priority and must be consistently upheld year after year
Nirmala Sitharaman further noted that India needs further capital infusion into the insurance sector