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…

New Delhi:  The Union Cabinet, headed by Prime Minister Narendra Modi on Sunday approved the Union Budget 2026-27. Following the approval, Finance Minister Nirmala Sitharaman will present her ninth record Budget in the Lok Sabha that comes in the backdrop of global uncertainties and slowdown in exports. This is the third Budget of the BJP-led…

Washington:US President Donald Trump claimed that India will purchase oil from Venezuela instead of buying Iranian oil. Meanwhile, he also said that China is “welcome” to buy Venezuelan oil. However, there have been no comments on the same from the Indian government yet. According to ANI, addressing reporters aboard Air Force One, he said, “China…

New Delhi: Finance Minister Nirmala Sitharaman on Sunday called on President Droupadi Murmu before presenting her record ninth Budget in the Lok Sabha. As per established tradition, the finance minister met the President at the Rashtrapati Bhavan before heading to Parliament. Before going to the Rashtrapati Bhavan, Sitharaman posed with her Budget team in front…

Dehradun:  The winter pilgrimage in Uttarakhand, which began last year, has gained momentum, with over 34,000 pilgrims visiting the winter seats of the Char Dham shrines since their closure, according to a government statement. Prime Minister Narendra Modi had visited the state a year ago to promote the winter pilgrimage, and it is now progressing…

New Delhi:  Finance Minister Nirmala Sitharaman will on February 1 present her ninth straight Budget, which is expected to unveil measures to sustain growth momentum, maintain fiscal discipline, and contain reforms that could buffer the economy from global trade frictions, including US tariffs. The presentation of the Budget for April 2026 to March 2027 fiscal…