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Record Rs 2.93 lakh crore capex anchors Railways’ Budget FY27

2 Feb 2026 12:42 AM IST
NEW DELHI: Indian Railways is on the cusp of a revolutionary growth phase with the allocation of its highest-ever capital expenditure in the Union...

FM launches Rs 10K cr fund, other steps to create ‘Champion’ MSMEs

2 Feb 2026 12:42 AM IST
New Delhi: Finance Minister Nirmala Sitharaman on Sunday proposed a three-pronged strategy, including a Rs 10,000 crore dedicated fund, to help MSMEs...

‘Outlay on electronics mfg to be increased to Rs 40K crore in FY27’

2 Feb 2026 12:42 AM IST
New Delhi: Finance Minister Nirmala Sitharaman on Sunday proposed to increase the outlay on electronics manufacturing to Rs 40,000 crore in the...

Govt proposes duty exemption on capital goods to process critical minerals, dedicated corridors

2 Feb 2026 12:41 AM IST
New Delhi: The government on Sunday proposed setting up dedicated corridors in mineral-rich states and exempting imports of capital goods used in...

Budget offers tax holiday for global cloud cos using Indian data centres

2 Feb 2026 12:41 AM IST
New Delhi: The Union Budget on Sunday proposed a tax holiday until 2047 for foreign companies offering cloud services to global customers using data...

Sitharaman moots Risk Guarantee Fund for pvt developers

2 Feb 2026 12:40 AM IST
New Delhi: Finance Minister Nirmala Sitharaman on Sunday proposed to set up an Infrastructure Risk Guarantee Fund to provide calibrated partial credit...

From Fibre to Fashion: Budget FY27 charts new roadmap for textile industry

2 Feb 2026 12:40 AM IST
NEW DELHI: The 2026–27 Budget underlines a major policy push for the labour-intensive textile sector, underlining its importance in employment...

Centre pegs fiscal deficit at 4.3% of GDP for FY27

2 Feb 2026 12:02 AM IST
New Delhi: Continuing on the path of fiscal consolidation, Finance Minister Nirmala Sitharaman on Sunday pegged fiscal deficit at 4.3 per cent of GDP...

Budget FY27: Govt announces tax relief and market access for non-residents

2 Feb 2026 12:02 AM IST
New Delhi: Finance Minister Nirmala Sitharaman on Sunday proposed to exempt Minimum Alternate Tax (MAT) for non-residents who pay tax on presumptive...

Budget backs home-grown accounting firms

2 Feb 2026 12:02 AM IST
New Delhi: The Union Budget underlined the government’s push to build large home-grown accounting and advisory firms, with Finance Minister Nirmala...

Centre to set up high-powered panel to promote services sector

2 Feb 2026 12:01 AM IST
New Delhi: The government on Sunday announced the formation of a high-powered ‘Education to Employment and Enterprise’ standing committee to recommend...

16th Fin Comm retains States’ tax share at 41%

2 Feb 2026 12:01 AM IST
New Delhi: The 16th Finance Commission, chaired by former NITI Aayog Vice-Chairman Arvind Panagariya, has recommended retaining states’ share in...
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