Thiruvananthapuram: The BJP, facing criticism over the Union Budget not carrying any major announcements for Kerala, on Sunday shifted the blame to the state government, alleging failure to implement projects sanctioned by the Centre. Speaking to reporters after the Budget, BJP state president Rajeev Chandrasekhar said the Modi government had lifted India from a weak…
New Delhi: The sports goods manufacturing sector emerged as a major beneficiary with a first-time allocation of Rs 500 crore as the Ministry of Youth Affairs and Sports’ allocation was hiked by over Rs 1000 crore in the Union Budget presented by Finance Minister Nirmala Sitharaman here on Sunday. The overall budget allocation for the…
New Delhi: Leader of Opposition in Lok Sabha Rahul Gandhi on Sunday said the Union Budget for 2026-27 is “blind to India’s real crises”, and highlighted how the youth are without jobs, manufacturing is falling, and farmers are in distress. “Youth without jobs. Falling manufacturing. Investors are pulling out capital. Household savings are plummeting. Farmers…
New Delhi: The Enforcement Directorate has filed a fresh chargesheet in the Andhra Pradesh State Skill Development Corporation (APSSDC) Siemens project case, stating that while government funds were “diverted” by certain accused, no role of Chief Minister Chandrababu Naidu was found in the laundering of the proceeds of crime. The previous YSRCP-led Andhra Pradesh government…
Guwahati: Federation of Industry and Commerce of North Eastern Region (FINER) on Sunday termed the Union Budget a “balanced and fiscal-disciplined” and not a populist one. They maintained that it was drafted keeping in mind the “geo-political tensions”, including the Russia-Ukraine war, tariff hikes by the US and “other negativities”. “This is not a populist…
New Delhi: Shares of electronic manufacturing companies rose up to 6 per cent after Finance Minister Nirmala Sitharaman on Sunday proposed to increase the outlay on electronics manufacturing to Rs 40,000 crore in 2026-27. The stock of Syrma SGS Technology jumped 5.95 per cent to Rs 806.35, Dixon Technologies (India) Ltd climbed 4.21 per cent…
New Delhi: Finance Minister Nirmala Sitharaman on Sunday proposed to set up a Rs 10,000 crore fund to create champion small and medium enterprises (SMEs) to boost the economy. Presenting Union Budget 2026-27, she also proposed a scheme for container manufacturing to create a globally competitive ecosystem. Also, mega textile parks with a focus on…
New Delhi: Finance Minister Nirmala Sitharaman on Sunday said the target for capex will be raised to Rs 12.2 lakh crore for FY27 from Rs 11.2 lakh crore earmarked for the current fiscal year and announced a slew of measures to boost infrastructure in the country. Presenting the Union Budget for 2026-27 in the Lok…
New Delhi: Finance Minister Nirmala Sitharaman on Sunday proposed incentives of Rs 100 crore for single bond issuance by municipal corporations of more than Rs 1,000 crore. She also announced the restructuring of REC Ltd (formerly Rural Electrification Corporation) and Power Finance Corporation (PFC) as part of the government’s public sector financial institution strengthening. The…
New Delhi: Finance Minister Nirmala Sitharaman on Sunday proposed Rs 20,000 crore for a carbon capture and utilisation scheme across sectors, including steel and cement. Presenting the Union Budget for 2026-27, the minister said the government will provide incentives for manufacturing seaplanes in the country as part of efforts to boost tourism. Meanwhile, a high-level…
