Budget 2026

Indian entrepreneurs need to think global to meet customer needs: Goenka

Anant Goenka optimistic on demand revival, outlines budget priorities including defense, electronics hubs, and export incentives

Govt seeks Parliament nod for ₹41k crore additional spending in FY26

First supplementary demands for grants tabled in Parliament focus on fertiliser and petroleum subsidies amid rising costs

PMJAY for 70+ logged 700k treatments worth ₹1,471 crore in first year

Centre to ramp up awareness, with 15% of the 60 million senior citizen target covered, even as experts flag budgetary issues, slow pace

CII urges govt to set up finance institution, fund to promote green economy

Industry body CII has urged the government to set up a dedicated finance institution and tech expo fund to support initiatives related to promoting the green economy, as there are significant gaps in long-term and low-cost capital availability in the country. As India moves closer to its goal of becoming a USD 5 trillion economy, advancing a green economy is no longer a choice but a strategic necessity, it said. In its pre-Budget suggestions, the chamber has suggested establishing a dedicated Green Finance Institution (GFI) to mobilise large-scale, low-cost capital for India's green transition across renewable energy, clean mobility, green buildings, and industrial decarbonisation. "The institution could be domiciled in the GIFT City (in Gujarat) to leverage regulatory flexibility and attract foreign capital. It could offer concessional loans, equity support, credit guarantees, and securitization of small-scale green assets to reduce project financing costs," it said in a ...

CAG terms Assam budget 2023-24 'unrealistic', questions excessive grants

The Comptroller and Auditor General (CAG) has termed the Assam government budgetary assumptions for 2023-24 "unrealistic and overestimated," pointing out that in several cases supplementary grants were approved where expenditure of the original allotted funds was not even done. It also highlighted non-submission of Utilisation Certificates (UCs) and annual accounts of several autonomous councils and other bodies. The CAG report on state finances for 2023-24, laid in the Assembly on Saturday, said the budgetary assumptions of the state government "continued to be unrealistic and overestimated" during the fiscal year, as it incurred an expenditure of Rs 1,39,449.66 crore against grants and appropriations of Rs 1,69,966.13 crore, resulting in overall savings of Rs 30,516.47 crore. These savings stood at 17.95 per cent of total grants and appropriations made for the year. The report said that "the savings were notional, as the funds were not actually available for expenditure", since t

Govt's fiscal deficit touches 52.6% of BE till Oct, capex increases 32%

Experts said meeting the gross tax revenue budget target of ₹42.7 trillion would be difficult as it would require a Y-o-Y expansion of 22 per cent in the November-March FY26 period.

Govt 'actively considering' infra status for hotels: Tourism minister

Tourism Ministry seeks increased budget for conservation activities and promotion of museums

Will seek 2x normal growth in FY27 military modernisation budget: Def Secy

India may seek a 20% rise in defence modernisation spending next year as the MoD pushes for faster upgrades, stronger exports, and stricter accountability across domestic and foreign defence suppliers