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A forgettable budget prepared by a finance minister, who forgot promises made last year: Chidambaram

New Delhi: Senior Congress leader P Chidambaram on Monday attacked the government for cutting capital expenditure in 2025-26 at a time ‘when neither the public sector, private sector nor foreign investors are investing in India’, while terming Union Budget 2026-27 a “forgettable budget”. Initiating a general discussion on Union Budget 2026-27 in the Rajya Sabha, the…

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Indian goods to gain edge over China, others in US market after tariff cut to 18 pc: Goyal

New Delhi: Commerce and Industry Minister Piyush Goyal on Sunday said Indian goods will have a competitive advantage in US markets compared to products from China and other competitor countries, which face higher levies, following the reduction in reciprocal tariffs to 18 per cent. India and the US have finalised a framework for the first…

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PM’s ‘no policy ping-pong’ doctrine anchors Budget; focus on stability, Viksit Bharat: Sitharaman

New Delhi: Prime Minister Narendra Modi’s emphasis on avoiding “policy ping-pong” has shaped the Union Budget 2026-27, which is anchored in policy stability while laying the pathways for the long-term vision of a ‘Viksit Bharat’ at its core, Finance Minister Nirmala Sitharaman said. Framed as the first Budget of a new five-year fiscal cycle and…

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India US Interim Agreement framework to support MSMEs integration into global value chains: FM

New Delhi: The India-US Interim Agreement framework will support Indian MSMEs in integrating into global value chains and lower costs for businesses and consumers, Finance Minister Nirmala Sitharaman said on Saturday. As part of the framework announced last night, both countries will reduce import duties on a number of goods to boost two-way trade. While…

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US, India reach framework for interim trade agreement: Joint statement issued by White House

Washington: The US and India on Saturday announced that they have reached a framework for an interim trade agreement, under which America will reduce tariffs on India to 18 per cent, according to a joint statement issued by the White House. It said the framework reaffirms the countries’ commitment to the broader US-India Bilateral Trade…

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