Finance Minister Nirmala Sitharaman pitches tier-II and tier-III cities as engines of growth, rolling out reform-linked funding for city economic regions to drive balanced urban development
FM said the govt will revise baggage clearance rules and enhance duty-free allowances to reflect modern travel patterns and address passenger concerns over valuation and temporary carriage of goods
Budget 2026-27 Highlights: Finance Minister Nirmala Sitharaman presented her ninth straight Union Budget in the Lok Sabha on Sunday. Catch updates here
Nirmala Sitharaman rebuts Rahul Gandhi's criticism, says India's economic fundamentals are strong and the Budget supports farmers, MSMEs and women
Union Budget 2026 drew mixed reactions from industry leaders, who welcomed the growth and capex push while stressing the need for execution clarity, long-term policy support and reform follow-through
Key sectors such as defence and railways saw large FY27 allocations in the Budget documents, even though they found little or no mention in Sitharaman's Budget 2026 speech
Chidambaram, who has served as the finance minister four times, said the Budget failed "the test of economic strategy and economic statesmanship"
In India, unlike China, Apple was concerned that if it paid for machines for its contract manufacturers, Indian law could consider that a so-called "business connection" and impose taxes
Prime Minister Narendra Modi said the Union Budget, aligned with India's recent trade deals, provides unprecedented support to MSMEs, sunrise sectors and infrastructure, laying the foundation for jobs
Budget's priority seems to be to reinforce India's long term growth narrative while maintain a tight balancing act as far as fiscal discipline is concerned.
Budget 2026: The Budget lays out new schemes and higher spending on infrastructure, technology, healthcare and jobs, while offering support for industry and students
The central government raises its money from a mix of taxes, borrowings, and other receipts, while it is spent on states, interest payments and pensions
The exemptions are aimed at simplifying tax rates, supporting domestic manufacturing, boosting exports, and removing old duty exemptions that are no longer needed
With US tariffs hitting Indian exports, Budget 2026-27 doubles down on manufacturing, capex and targeted relief for tariff-hit sectors
Sitharaman said that the focus will be on tier-2 and tier-3 cities so that growth is not limited to big metros
Aditi Nayar analyses the Budget's fiscal prudence, higher public capex via states, a 4.3 per cent deficit target, debt consolidation, and the impact of higher gross borrowings on bond yields
Budget 2026 | Stock Market LIVE Updates on February 1, 2026: FM Sitharaman on Sunday has raised STT on future trades to 0.05 per cent from 0.02 per cent under Budget 2026.
The Union Budget presented by Nirmala Sitharaman removes a key cost barrier for nuclear projects as India prepares for a major capacity expansion and opens the sector to private participation
Capital expenditure has been raised to ₹12.2 lakh crore (~9 per cent YoY), reinforcing the infrastructure- and manufacturing-led growth strategy without resorting to populist fiscal slippage
The Budget Estimate for the CIC and PESB in 2025-26 was higher at ₹42.49 crore