It is useful to remember that the miracle economies to our East, the so-called Asian Tigers, sustained high growth for decades by following prudent fiscal policies
The India-US trade deal, had it come a little earlier, would not have made the Union Budget any different, Finance Minister Nirmala Sitharaman said
FM Nirmala Sitharaman says another round of Customs clean-up soon
Each drape, border and weave has echoed the fiscal moment-tight seams in lean years, bolder colours in recovery, steadier textures as India's economic story unfolded, measured carefully in six yards
US President Donald Trump's decision to slash tariffs on Indian goods to 18 per cent augurs well for the country as it will boost exports, Finance Minister Nirmala Sitharaman said Tuesday. "So, actually our exports will pick up now, that is my expectation... along with having found new markets where they will continue to operate," she said in an interview to PTI Videos. "It is a good augury for them (exporters)," Sitharaman said. Trump's steep 50 per cent tariffs last year dented Indian exports by raising landed costs, squeezing exporter margins, and eroding competitiveness in the American market. Sectors such as steel, aluminium, textiles, engineering goods and some agricultural products were hit as higher duties led US buyers to shift orders to alternative suppliers. On Monday, Trump agreed to slash US tariffs on Indian goods to 18 per cent from 50 per cent in exchange for India lowering trade barriers as well as stopping its purchases of Russian oil and instead buying oil from t
Sensex Today | Stock Market LIVE Updates, February 2, 2026: Fag-end buying was led by Reliance Industries, Adani Ports, BEL, L&T, M&M, ICICI Bank, and HDFC Bank\
Finance Minister Nirmala Sitharaman on Tuesday welcomed the reduction in United States' tariffs on Indian goods, describing the development as a major boost for the 'Made in India' initiative. Taking to social media platform X, the finance minister said that Indian products would now face a reduced reciprocal tariff of 18 per cent. "Good news for #MadeInIndia products. They will now face reduced tariff of 18%. Thanking the leadership of PM @narendramodi and @POTUS for this development. People of our two large democracies stand to benefit," she said in a post on X. The breakthrough follows a high-level telephonic conversation between Prime Minister Narendra Modi and US President Donald Trump. In a reciprocal move, India has committed to reducing trade barriers for American goods and significantly increasing imports across sectors, including energy, technology, and agriculture. Following the trade agreement announcement, Prime Minister Narendra Modi said he was delighted that "Made
Says IBC amendment Bill will come up in second half of Budget session
From a capital markets perspective, the Budget's proposals to deepen the corporate bond market clearly stand out
Finance Minister Nirmala Sitharaman on Monday said the Union Budget for FY27 has focussed on investment as a priority tool for boosting consumption, and the trajectory of fiscal deficit shows that the government's priority is growth. Interacting with the media after the 2026-27 Budget presentation, Sitharaman also the volatility in gold prices is due to global uncertainty, and many central banks are investing in gold. "It also shows that investors do not have confidence in any one particular currency. and hence the rush to buy gold," Sitharaman said. Talking about hike in securities transaction tax (STT) on F&O trades, the minister said it is a "sort of deterrence so that people do not go headlong in speculative" derivative trading. The Budget has proposed an increase in STT on futures contracts to 0.05 per cent from 0.02 per cent. STT on options premium and exercise of options are proposed to be raised to 0.15 per cent from the present rate of 0.1 per cent and 0.125 per cent, ...
Crisil Intelligence said that the Budget aims to strengthen both manufacturing and services to support the next phase of growth
Budget 2026 does not change income tax slabs, but it redraws the rules of the game.
FM Sitharaman announced a tax holiday until 2047 for foreign companies providing global cloud services from India, provided services to Indian customers are routed via an Indian reseller
The 2026 Budget, presented by Finance Minister Nirmala Sitharaman on Sunday, signalled a clear push to strengthen ties with the neighbouring countries
Neither equity nor bond investors will likely change their mind after going through the government's latest spending priorities and borrowing plan
Budget 2026 sharpens India's self-reliance push with targeted funds, liquidity support and platform reforms to help MSMEs scale, export and anchor future growth
To hold the fiscal deficit at 4.4% of GDP, the Centre trims spending and shifts to a debt-anchored framework for greater policy flexibility amid global risks
Experts say announcements focus on sustenance of growth, resilience
Finance Minister Nirmala Sitharaman and top officials explain the thinking behind Budget 2026-27, from record capex and tax reforms to disinvestment and global risks
FM Sitharaman tightens fiscal deficit target at 4.3% of GDP