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The government has proposed allowing Indian non-residents to invest in domestic equities through the Portfolio Investment Scheme. Announced in Budget 2026–27, the move aims to boost market liquidity, attract stable inflows and support currency stability.
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Leader of Opposition Rahul Gandhi on Sunday criticised the Union Budget 2026-27, accusing the Centre of ignoring unemployment, manufacturing slowdown and agrarian distress. Other opposition leaders, including Akhilesh Yadav, said the Budget lacked reforms, relief and concern for common people.
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Prime Minister Narendra Modi termed the Union Budget 2026–27 historic, saying it reflects the aspirations of 140 crore Indians, boosts reforms, supports MSMEs, and lays a strong foundation for India’s journey towards becoming a developed nation by 2047.
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Finance Minister Nirmala Sitharaman announced the creation of specialised rare earth corridors in Odisha, Kerala, Andhra Pradesh, and Tamil Nadu. The initiative aims to boost mining, processing, research, and manufacturing, reducing dependence on imports and strengthening India’s critical minerals capabilities
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CII welcomed the Union Budget proposal to establish dedicated rare earth corridors in Tamil Nadu, Kerala, Andhra Pradesh, and Odisha. The initiative aims to boost mining, processing, research, and manufacturing, strengthening India’s leadership in rare earth magnets and critical minerals
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Tollywood actor Ram Charan and his wife Upasana Konidela welcomed twins — a baby boy and a baby girl. The actor shared the news on Instagram, while Megastar Chiranjeevi announced the arrival of his grandchildren, calling it a moment of divine joy.
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Yuvan Shankar Raja met actor Ajith at the Dubai Autodrome as the latter prepares for the Asian Le Mans Series. The visit coincides with the re-release of Ajith’s film Mankatha, whose music was scored by Yuvan
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India’s 33-member men’s and women’s boxing squad, led by Hitesh Gulia, Sachin Siwach, and Lovlina Borgohain, will compete at BOXAM Elite International 2026 in Spain. The tournament is a key test ahead of the Commonwealth and Asian Games, refining squads and exposing talent.
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Around 1.5 crore devotees took ritual baths at the Ganga and Sangam in Prayagraj on Magh Purnima, braving cold conditions. Authorities ensured safety, sanitation, and traffic management, marking the conclusion of month-long kalpvas observances for thousands of pilgrims
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India’s Union Budget 2026-27 allocates Rs 7.84 lakh crore for defence, including Rs 2.19 lakh crore for capital expenditure and Rs 5.53 lakh crore for revenue. Customs duty exemptions on aircraft components aim to boost the defence aerospace sector
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In Jharkhand’s Palamu, a couple and their 18-year-old son were allegedly hacked to death over suspected witchcraft, while their minor daughter was injured. Police have launched a manhunt, and the bodies were sent for post-mortem in Medininagar
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India T20I captain Suryakumar Yadav has outlined a fearless blueprint for the 2026 T20 World Cup following a 4-1 series win over New Zealand, highlighting squad balance, batting intent, and selection dilemmas ahead of the home tournament.
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Congress criticised Union Budget 2026-27 as “lacklustre” and “non-transparent,” saying Finance Minister Nirmala Sitharaman’s speech omitted key allocations. While capex rises to Rs 12.2 lakh crore and infrastructure plans were outlined, critics say the budget falls short of expectations
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Former Chief Minister and BRS chief K Chandrashekhar Rao left his Erravelli residence on Sunday to appear before the SIT in the phone-tapping case, with large crowds of party leaders and supporters lining the route in a show of solidarity.
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Finance Minister Nirmala Sitharaman proposed a Rs 12.2 lakh crore infrastructure push in Union Budget 2026-27, focusing on Tier-2/Tier-3 cities, east-west freight corridors, inland waterways, and an Infrastructure Risk Guarantee Fund to boost investment, connectivity, and regional development
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Indian markets saw sharp intra-day falls after Finance Minister Nirmala Sitharaman presented the Union Budget 2026-27. Sensex dropped over 2,300 points, Nifty over 600, as investors remained cautious amid limited tax relief and awaited sectoral and fiscal policy announcements
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A report alleges four Lashkar-e-Taiba operatives traveled from Karachi to Dhaka on Biman flight BG-342, raising security concerns amid resumed Bangladesh-Pakistan flights. Critics warn of lax border controls, state tolerance for militants, and potential threats to India’s eastern frontier
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Finance Minister Nirmala Sitharaman proposed a high-level Banking Committee for Viksit Bharat, restructuring key financial institutions, reviewing FEMA rules, promoting corporate and municipal bonds, and easing foreign investment limits to strengthen India’s banking sector and boost ease of doing business
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The Income Tax Act, 2025, will come into force from April 1, replacing the 1961 law. The revenue-neutral legislation simplifies tax rules, reduces litigation, introduces a single tax-year system, and eases compliance through redesigned return forms.
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The Union Budget 2026–27 proposed a Rs 10,000 crore Bio Pharma Shakti scheme to boost biologics and biosimilars, alongside allied health job creation, caregiver training, healthcare infrastructure expansion and continued reforms to support growth and inclusion.
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Union Finance Minister Nirmala Sitharaman proposed setting up five regional medical hubs to promote medical tourism, alongside new Ayurveda institutes, upgraded Ayush facilities and expanded allied health training, while presenting the Union Budget 2026–27.
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The Telangana Integrated Command and Control Centre said the temporary DIAL-112 call centre set up at the Medaram Jatara handled over 500 emergency calls, ensuring swift response, effective coordination and enhanced public safety during the festival.
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Finance Minister Nirmala Sitharaman proposed seven high-speed rail corridors linking major Indian cities, promoting regional growth, faster travel, and lower emissions. She also outlined banking reforms, foreign investment modernization, and an integrated textile programme under the Union Budget 2026-27
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Security forces in Kishtwar, Jammu and Kashmir, resumed cordon-and-search operations to track three Jaish-e-Mohammad terrorists after a gunbattle. Aerial surveillance, sniffer dogs, and heightened vigilance continue amid snowbound terrain, with mobile internet suspended and prior encounters reported
