Page 30 - Latest Updates on Budget 2025-26

Markets Today: Economic Survey, US GDP; Nestle, ONGC, Q3; Dr. Agarwal's IPO

Back home, at 6:40 AM, GIFT Nifty futures indicated a strong start, up 71 points at 23,489

Waqf Bill on govt's agenda for Budget session, Oppn to raise its issues

The budget session will commence with President Droupadi Murmu addressing joint sitting of the two Houses

J-K Assembly's first budget session in 6 years to begin on March 3

The Budget Session of the Jammu and Kashmir Assembly will begin on March 3 with Lieutenant Governor Manoj Sinha's address, officials said on Thursday. This will be the first budget of the Omar Abdullah-led National Conference government after assuming power on October 16 last year, ending a six-year-old central rule. "I, Manoj Sinha, Lieutenant Governor of the Union Territory of Jammu and Kashmir, under the provisions of Section 21(1) of the Jammu and Kashmir Reorganisation Act, 2019, call upon the Members of the Legislative Assembly to assemble in the Legislative Assembly Complex at Jammu on Monday, the 3rd of March, at 10 am to hear my address," read a bulletin issued by the Assembly secretariat. In another bulletin, the Assembly Secretariat requested the members not to send more than 10 starred and 10 unstarred questions in relaxation of Rule 32 of the Rules of Procedure and Conduct of Business and not more than three bills in relaxation of sub-rule (3) of Rule 65 of the Rules o

Wishlist for Budget 2025: Strengthening foundations for sustained growth

The Union Budget 2025 will be presented in the Parliament by Finance Minister Nirmala Sitharaman in a 'red bahikhata' on Saturday, 1st February

Economic Survey 2025: What it is and when will it be tabled in Parliament?

The presentation of the Economic Survey marks the beginning of the Budget session in Parliament, which runs from January 31 to April 4, 2025

Best of BS Opinion: India's many national security concerns, and more

Our selection of editorial and columns today look at the importance of the new Critical Minerals Mission, India-China ties, ideas for the Union Budget to jump-start growth, and more

Budget an opportunity to bolster supply chain sector: Mahindra Logistics MD

The government needs to prioritise incentives that enhance global connectivity and bolster logistics and supply chain, Mahindra Logistics Managing Director and Chief Executive Officer Rampraveen Swaminathan said ahead of the Union Budget. "The upcoming budget presents a pivotal opportunity to strengthen India's logistics and supply chain sector, a backbone of economic growth and a key enabler of trade and commerce," Swaminathan said on his company's Budget expectation. The Union Government is set to present the 2025-26 Budget on February 1. "To drive India's logistics sector toward global competitiveness, we urge the government to prioritize incentives that enhance global connectivity and enable seamless integration with international markets," he said. Swaminathan also said that by prioritising infrastructure investments across highways, expressways, multi-modal transport networks, and logistics parks, the government can catalyse sectoral transformation. Accelerating automation,

India's demographic edge: A key to addressing global healthcare crisis

The global healthcare sector is grappling with a severe shortage of skilled professionals, driven by aging populations and escalating healthcare demand

PSUs drive market gains on hopes of higher govt spending in upcoming Budget

State-owned companies gained about 2 per cent, with analysts attributing the rise to expectations of government focus on public spending and infrastructure in the Budget announcement

Budget may project 20% capex growth, 4.4% fiscal deficit: EY report

The FY26 Budget may project a 20 per cent increase in capex spending to drive economic activity, leave more disposable income in the hands of people and target a fiscal deficit of 4.4 per cent of GDP for the fiscal ending March 2026, a EY report said on Thursday. EY India Chief Policy Advisor DK Srivastava said amid continuing global uncertainties, India may have to rely largely on domestic demand drivers to support the growth momentum. "The FY26 budget should therefore restore the momentum of growth in GoI's capital expenditure. This may be supplemented by some rate rationalisation and income tax deductions aimed at increasing personal disposable incomes, particularly in the hands of lower income and lower middle-income groups," he said. The upcoming budget must balance fiscal prudence with growth-oriented measures. Increasing capital expenditure and putting more disposable income in the hands of consumers, particularly urban consumers, will be pivotal to uplifting growth in domes

FM Nirmala Sitharaman set to present her 8th consecutive Union Budget

Finance Minister Nirmala Sitharaman, set to make history with her eighth consecutive Union Budget, has worked tirelessly with key officials, including Finance Secretary Tuhin Kanta Pandey, to prepare a budget of over Rs 50 lakh crore for FY26. The Budget will have to address several challenges, including decelerating economic growth, falling value of Rupee against the US dollar and moderation in consumption demand. The economic growth is estimated to slow to a 4-year low of 6.4 per cent in FY25. This is the lowest growth since the outbreak of the COVID pandemic which hit the world in 2019. Sitharaman, who had steered the Indian economy through many difficult phases, including once-in-a-century pandemic, is again confronted with economic deceleration, moderation in consumption, stagnant private investment, and an uncertain geopolitical situation. On account of various factors, the rupee plunged to an all-time low of 86.7 per US dollar earlier this month. The team, assisting the Fin

Union Budget 2025 Expectations highlights: MSMEs seek focus on renewable energy, and CBG

Union Budget 2025 Latest Updates: Catch all the latest developments related to Union Budget 2025 here

Govt lists Bills on Waqf, immigration, foreigners for Budget session

The government has listed the Waqf (Amendment) Bill as well as three other new draft laws for consideration in the Budget session of Parliament beginning Friday. The joint committee of Parliament, which examined the amendment bill on Waqf on Thursday, submitted its report to Lok Sabha Speaker Om Birla, paving for the government to move amendments on the bill tabled last year. The Mussalman Wakf (Repeal) Bill was also introduced along with the Waqf amendment bill. The government has also listed three new bills for the session -- 'The Protection of Interests in Aircraft Objects Bill, 'Tribhuvan Sahkari University Bill', and the 'Immigration and Foreigners Bill'. The Finance Bill, 2025 and related demands for grants and appropriation bills have also been listed by the government for the session. There are 10 other bills which are pending in both the Houses since the previous session. The session commences on Friday with the address of the president to the joint sitting of the two ...

Budget 2025: Sanitaryware players seek GST rationalisation on products

Sanitaryware players expect the government to focus on rationalising GST rates on sanitaryware products to make them more accessible and encourage sustainable construction practices through policy measures in the Union budget for the next fiscal. The Union Government is set to present the FY 2025-26 budget on February 1. The industry is of the view that such measures will not only benefit the sector but also align with India's environmental goals. The upcoming Union Budget presents an opportunity to strengthen these sectors through thoughtful reforms and investments. By addressing accessibility, sustainability, and infrastructure needs, we can collectively enhance living standards and contribute to India's long-term economic progress the board, Priya Rustogi, Leader India & Subcon, Lixil Water Technology (LWT) IMEA said. The industry expects that the government will focus on rationalising GST rates on sanitary ware products to make them more accessible, Rastogi said. Industry ...

INDIA bloc to raise all issues together in Budget session: Pramod Tiwari

The meeting is chaired by Union Ministers Rajnath Singh, Kiren Rijiju, JP Nadda, Arjun Ram Meghwal and L Murugan

Will Budget 2025 make home loans cheaper? Here's what experts say

Finance Minister likely to announce measures for affordable housing, they say

Markets Today: US Fed outcome; L&T, TaMo Q3; Dr. Agarwal's, CLN Energy IPOs

In the previous session, the Sensex jumped 631.55 points, or 0.83 per cent, to settle at 76,532.96. The Nifty50 also added 205.85 points, or 0.90 per cent, to close at 23,163.10

Budget may boost investor confidence, provide mkt triggers: Naveen Kulkarni

The valuations for Foreign Institutional Investors (FIIs) have become reasonable, but their main challenge is the stabilisation of the currency

Budget 2025: Will the Finance Minister provide a fillip for demand growth?

Why media and policy circles are abuzz with expectations of big announcements on Saturday

Bank unions' Budget wishlist: Scrap tax on profits of cooperative banks

Asks for refinancing Rs 2 trn for non-recovery of farm loans