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
The Lok Sabha witnessed a sharp debate over a Bill proposing 100 per cent FDI in the insurance sector, with Treasury benches backing higher investment to boost penetration and jobs, while the Opposition warned of risks to credibility, affordability and social inclusion
India recorded a 16 per cent rise in FDI inflows to USD 50.36 billion in the first half of FY26, the highest ever for the period. Minister Jitin Prasada said FTAs, including the EFTA pact securing USD 100 billion investment, are strengthening investor confidence.
