Page 384 - Budget 2026 News

Rs 18,782-crore hole stares at Suresh Prabhu

Prabhu's ministry intends to invest Rs 856,020 crore ($137 billion) over the next five years to revamp the world's most travelled railway network

Developers in no mood to embrace Reits despite budget sops

No clarity on MAT and DDT could be the biggest dampener for launching Reits

India's Budget rationalises laws, boosts investors confidence: PwC

Says the thrust of the Budget measures has been on accelerating growth, creating an investor friendly environment and emphasising on the 'Make in India' initiative

Jaitley slashes education, health spending

Presenting the first full budget of the government, Jaitley reduced spending on education by 16% and health by 15%.

Service tax hike to raise garments cost: Texprocil

Apex textile body alleges govt has neglected the sector in the Union Budget

Axis, YES Bank to benefit as FM relaxes cap on FII shareholding

At present, foreign shareholding in private sector banks is capped at 74% of paid-up voting equity capital

Consumer durables makers demand massive duty cuts on imports of components

More competitive pricing to imported goods will help boost the govt's 'Make in India' agenda

Nifty ends above 8,900 on growth oriented Budget; Axis Bank up 8%

The 30-share Sensex ended 141 points higher at 29,361 and the 50-share Nifty surged 57 points to close at 8,902.

Tech leaders and VCs cheer #SuperBudget2015 on Twitter

A majority of tweeples working in start-up sector were prompt in welcoming the Rs 1,000-crore allocation for them

Tourism sector expects simple tax, industry upgrade

Demands infrastruture sector status for hotels, industry status for tourism

Budget might announce 70% rise in allocation for roads

The government plans to construct 15,000 km of roads in next financial year

Finance Commission recommends social sector spending revamp

Commission proposes that states use the increased fiscal space for expenses on judiciary, maintenance, forest cover, education and health

Euphoric states may gain little from new tax devolution plan

Centre unlikely to be squeezed fiscally as transfers recommended for 2015-16 are only 87 basis points higher than 2014-15 Budget estimate

Sebi and FMC to be merged

FM announces initiatives for a revamped finance framework under the Indian Finance Code

Budget 2015: Uniform bankruptcy code by 2015-2016

A reformed pension system also in offing

Budget lays down multiple goals, but fails on fiscal consolidation front: C Rangarajan

Says shifting the roadmap for fiscal consolidation doesn't inspire confidence

Budget Blues: ITC loses Rs 40,428 cr in market value on punitive tax

Analysts suggest making separate firms of tobacco, hotels and FMCG divisions

Budget silent on e-commerce

Measures proposed on taxation or start-ups may benefit online retailers, but there were no sector-specific measures for the sector

India adopts flexible inflation targeting

Monetary policy panel to be set up via amendments to Reserve Bank Act

Rajan says public debt not a problem yet

Says the debt burden and large budgetary subsidies could constrain the speed of improvements in credit metrics