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Budget 2026 News

Budget 2026: Food subsidy seen rising 12% in FY26 on higher procurement

Officials said the higher provisioning also means that the Food Corporation of India might not have to rely on borrowing or any other means in FY27 to fund its shortfall

Budget 2026: Food subsidy seen rising 12% in FY26 on higher procurement
Updated On : 03 Feb 2026 | 6:00 PM IST

CM Mohan Yadav praises Union Budget; MP Budget to be presented on Feb 18

Madhya Pradesh Chief Minister Mohan Yadav says Union Budget 2026-27 will boost infrastructure and investment; state Budget will be presented on February 18

CM Mohan Yadav praises Union Budget; MP Budget to be presented on Feb 18
Updated On : 03 Feb 2026 | 4:46 PM IST

Would like defence spending at 2.5% of GDP in 5 years: Rajesh Kumar Singh

The share of domestic firms in the value of capital procurement was 87% in FY25. This level will never fall below 75%

Would like defence spending at 2.5% of GDP in 5 years: Rajesh Kumar Singh
Updated On : 03 Feb 2026 | 6:31 AM IST

Budget 2026: Coal freight, AC 3-tier may throw Rlys' FY26 revenue off track

The budget numbers released on Sunday peg the railways earning at Rs 2.78 trillion in the current financial year, according to the revised estimates (RE), against a BE target of Rs 3.01 trillion

Budget 2026: Coal freight, AC 3-tier may throw Rlys' FY26 revenue off track
Updated On : 03 Feb 2026 | 1:25 AM IST

Budget 2026 impact: Focus is on healthy, skilled and empowered Indians

The budget reflects clarity, optimism, and a results-oriented approach aimed at fostering transparency and citizen engagement

Budget 2026 impact: Focus is on healthy, skilled and empowered Indians
Updated On : 03 Feb 2026 | 6:30 AM IST

Direct Taxes: Clear and predictable path laid out for easier compliance

The Finance Minister presented the Budget in Kartavya Bhawan anchored in three core kartavyas - driving economic growth, empowering citizens, and ensuring equitable access to opportunity

Direct Taxes: Clear and predictable path laid out for easier compliance
Updated On : 03 Feb 2026 | 6:20 AM IST

Indirect Taxes: Growth engine for India charged up for an uncertain world

The Budget meets industry expectations by simplifying tariff structures, boosting domestic manufacturing through duty corrections, and leveraging AI to automate trade processes for high-growth economy

Indirect Taxes: Growth engine for India charged up for an uncertain world
Updated On : 03 Feb 2026 | 6:25 AM IST

Timing of the STT hike could have been better: Jyotivardhan Jaipuria

The futures and options market had seen a lot of speculative activity, and to that extent, the effort of the government to reduce volumes in that space is understandable, says Jaipuria

Timing of the STT hike could have been better: Jyotivardhan Jaipuria
Updated On : 03 Feb 2026 | 6:15 AM IST

Union Budget 2026-27 favours capital expenditure over consumption

In comparison, the central government revenue expenditure is budgeted to decline by 2.5 per cent Y-o-Y to Rs 22.29 trillion in FY27 from FY26 revised estimates (FY26RE) of Rs 22.76 trillion

Union Budget 2026-27 favours capital expenditure over consumption
Updated On : 03 Feb 2026 | 6:10 AM IST

Budget 2026-27: FM Nirmala Sitharaman for 'a lot more on disinvestment'

Says IBC amendment Bill will come up in second half of Budget session

Budget 2026-27: FM Nirmala Sitharaman for 'a lot more on disinvestment'
Updated On : 03 Feb 2026 | 12:17 AM IST

India's tax strategy: Attracting capital and tech, building resilience

Budget 2026-27 sharpens India's tax strategy to boost manufacturing, services, GCCs and digital infrastructure, while improving certainty and long-term investor confidence

India's tax strategy: Attracting capital and tech, building resilience
Updated On : 03 Feb 2026 | 12:07 AM IST

Union Budget 2026-27: Centre tops up RDI fund with ₹20,000 crore

The Centre has doubled down on its research and innovation push, adding Rs 20,000 crore to the RDI fund as officials aim to appoint more fund managers and speed up investments

Union Budget 2026-27: Centre tops up RDI fund with ₹20,000 crore
Updated On : 02 Feb 2026 | 11:59 PM IST

Why revised estimates for FY26 showed an increased food subsidy

Higher food subsidy in FY26 RE reflects Budget support for OMSS rice sales and ethanol blending, easing FCI's borrowing burden beyond PMGKAY costs

Why revised estimates for FY26 showed an increased food subsidy
Updated On : 02 Feb 2026 | 11:58 PM IST

16th FC charts Union's fiscal path: Falling deficit, rising capex

The Sixteenth Finance Commission has proposed a consolidation roadmap that balances development needs with fiscal prudence

16th FC charts Union's fiscal path: Falling deficit, rising capex
Updated On : 02 Feb 2026 | 11:52 PM IST

Budget 2026: Customs duty relief to make cancer, rare disease drugs cheaper

A customs duty exemption on select high-cost cancer and rare disease therapies is expected to lower treatment costs for patients while supporting demand for multinational and domestic pharma companies

Budget 2026: Customs duty relief to make cancer, rare disease drugs cheaper
Updated On : 02 Feb 2026 | 11:48 PM IST

Budget 2026-27: A blueprint for institutional maturity in India's growth

For the private sector, the real story lies in the de-risking of the Indian investment landscape

Budget 2026-27: A blueprint for institutional maturity in India's growth
Updated On : 02 Feb 2026 | 11:48 PM IST

Budget 2026: Pharma dept prescribes PLI boost for bulk drug output

FY27 PLI scheme allocation rises 2.24%, aiming to add 500 MT to domestic API production

Budget 2026: Pharma dept prescribes PLI boost for bulk drug output
Updated On : 02 Feb 2026 | 11:47 PM IST

Budget 2026: Govt targets 30 mn hospital admissions under PMJAY in FY27

The health ministry is targeting a sharp rise in hospital admissions and claims disbursal under PMJAY in FY27, even as the Budget provides only a marginal increase in the scheme's overall allocation

Budget 2026: Govt targets 30 mn hospital admissions under PMJAY in FY27
Updated On : 02 Feb 2026 | 11:45 PM IST

Datanomics: Census exercise gets financial backup in Union Budget 2026

Budget 2026-27 raises census allocation to a record ₹6,000 crore, but its share of total expenditure remains lower than in previous census years

Datanomics: Census exercise gets financial backup in Union Budget 2026
Updated On : 02 Feb 2026 | 11:36 PM IST

Budget's manufacturing focus to support exports amid global headwinds

Sanjay Budhia, Chairman of CII's National Committee on Exports and Managing Director of Patton International Ltd, said the Union Budget 2026-2027 is a positive pointer unveiling the growth agenda

Budget's manufacturing focus to support exports amid global headwinds
Updated On : 02 Feb 2026 | 11:34 PM IST