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
Union Budget 2026-27 raises Indian Railways' capital outlay to a record Rs 2.99 lakh crore, outlining new high-speed rail corridors, a fresh east-west freight corridor
The Budget has indeed woken up the sleeping markets, just not the way the government's fans would have expected
Budget targets 10% global services share by 2047
Finance Minister Nirmala Sitharaman stressed youth-led growth, SME capacity building and region-specific measures, seeking to address trade challenges while signalling outreach to poll-bound states
Budget FY27 signals deeper banking reforms, possible PSB consolidation and higher borrowing, shifting the onus to RBI to manage yields and liquidity
In choosing prudence over populism and strategic self-reliance over protectionism, the FM has presented a Budget worthy of India's aspirations