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Finance Minister Nirmala Sitharaman said the recent rise in global crude oil prices is unlikely to significantly impact India’s inflation for now, as consumer inflation remains near the lower bound of the RBI’s tolerance band amid government and monetary policy measures.
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Cyber criminals are increasingly using Artificial Intelligence to carry out sophisticated frauds through deepfake videos, scam calls and phishing attacks. Telangana Cyber Security Bureau officials warn people to verify financial schemes carefully as AI-driven cyber crimes continue to increase.
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RBI stated there is no systemic risk to the banking system following a Rs 590-crore fraud at IDFC First Bank’s Chandigarh branch. Four officials were suspended; the stock fell sharply amid ongoing investigation
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India has safeguarded sensitive agriculture and dairy sectors in the US trade deal, while Washington reduces tariffs on Indian goods from 50% to 18%. Labour-intensive sectors like apparel, footwear, and jewellery are set to benefit, with a joint statement to be issued soon
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Finance Minister Nirmala Sitharaman said the government plans to introduce the Insolvency and Bankruptcy Code Amendment Bill, 2025 in the second half of the Budget session from March 9, after the parliamentary committee submitted its report
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The CPI and CPI(M) State units criticised the Union Budget, alleging that Telangana was ignored in allocations and project sanctions. CPI State Secretary Kunamneni Sambasiva Rao said promises made during the State’s bifurcation were not honoured, and demanded accountability from BJP MPs elected from Telangana.
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Finance Minister Nirmala Sitharaman has announced a high-level committee on banking to support Viksit Bharat goals. The panel will review sector performance, strengthen financial stability and improve efficiency, while reforms for NBFCs and foreign investments are also planned
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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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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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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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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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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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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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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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Finance Minister Nirmala Sitharaman tabled the 16th Finance Commission report in Lok Sabha, outlining tax devolution between Centre and states for 2026–2031. Headed by Arvind Panagariya, the panel proposes formulas guiding Centre–state fiscal relations
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Finance Minister Nirmala Sitharaman carried Union Budget documents on a digital tablet in a red bahi-khata, symbolising tradition and technology. Continuing the paperless Budget, she reaffirmed the shift from colonial symbols while engaging students during Budget 2026–27 presentation
