Union budget

Rahul Mittra hails Govt move on Animation, Visual Effects, Gaming and Comics sector

Rahul Mittra highlighted features of the Union Budget 2026 related to support for the "Orange Economy" or the creative economy.

Feb 28, 2026

Foreign firms to meet 4 essential conditions to qualify for tax holiday benefits

Following the Union Budget's announcement of a tax holiday for data and cloud centre companies, the Finance Ministry has clarified that foreign firms must meet four key conditions to qualify for the exemption.

Feb 4, 2026

India's GDP growth to place it above sovereign peers in next 2 fiscals: S&P Global Ratings

The central government is set to meet its fiscal deficit estimate for fiscal 2026 (year ending March 31, 2026) of 4.4 per cent of GDP. It also budgeted for a 4.3 per cent deficit for fiscal 2027.

Feb 2, 2026

Sensex, Nifty open lower amid US-China trade tension

Sensex, Nifty end higher as India-EU trade deal boosts sentiment

At the close of trade, the Nifty rose 0.51 per cent, or 126.75 points, to settle at 25,175.40. The Sensex also ended higher, gaining 319.78 points, or 0.39 per cent, to close at 81,857.48.

Jan 27, 2026

Sensex, Nifty open lower over weak global cues, FII selling

Sensex, Nifty close sharply lower amid sustained FII outflows

At the closing bell, the Sensex lost 769 points, or 0.94 per cent to settle at 81,537. The Nifty declined 241 points, or 0.95 per cent, to close at 25,048. The broader markets posted stronger losses than the benchmark indices as Nifty Midcap 100 index lost 1.95 per cent, while the NSE Smallcap 100 declined 2.06 per cent.

Jan 23, 2026

Indian rupee strengthens against US dollar

Climbdown in Greenland tensions to boost market sentiments, help rupee recover

Easing geopolitical tensions linked to Greenland are expected to improve market sentiment and reduce pressure on the rupee, though volatility may persist in the near term. The rupee recovered 15 paise from record lows to trade at 91.50 against the US dollar, supported by a decline in global risk aversion.

Jan 22, 2026

India's nuclear energy capacity jumps from 4,780 MW to 8,180 MW in 10 years, set for big leap

India's nuclear energy capacity jumps from 4,780 MW to 8,180 MW in last 10 years, set for big leap

India's nuclear sector has grown significantly over the last ten years from 4,780 MW in 2014 to 8,180 MW in 2024 and is poised to accelerate further after agreements signed during Prime Minister Narendra Modi's visit to France backed by a stepped-up allocation in the Union Budget.

Feb 14, 2025

Parliament Budget Session to resume today

The Budget Session of Parliament will reconvene on Monday, with both the Lok Sabha and Rajya Sabha set to meet. The session will continue discussions on the Union Budget for 2025, along with other significant matters.

Feb 10, 2025

Budget to boost consumption sectors, DeekSeek AI an opportunity for Indian IT firms

The Union Budget will boost consumption sector and long-term policies are favourable for urban housing, insurance and defence-related industries, according to a new report.

Feb 5, 2025

India's fiscal roadmap: Strong growth and stability despite tax cuts, says S&P Global

India's Union Budget aligns with the expectations of steady fiscal consolidation, reinforcing a positive outlook on the country's sovereign credit ratings, according to a report on Tuesday.

Feb 4, 2025

Tax cuts to spur discretionary consumption especially among salaried people: Report

Fiscal consolidation glide path is maintained with the Union Budget and tax cuts should spur discretionary consumption especially among the salaried class, a report showed on Tuesday.

Feb 4, 2025

Budget's health provisions to reduce financial burden on cancer patients, boost care: Expert

Health benefits announced in the Union Budget are expected to reduce the financial burden as well as boost care boost care for patients with cancer

Feb 3, 2025

Trump tariffs: India can insulate itself by allowing US goods to enter freely, says Mark Mobius

As the Donald Trump administration in the US announced hefty trade tariffs on Canada, Mexico and China, ace global investor Mark Mobius said on Monday that these strong measures can impact the world economic order in the long term, and India can insulate itself easily by opening up the market further for US goods.

Feb 3, 2025

CBDT meets officials to dispel doubts on faceless tax assessment.

Union Budget: Centre clears citizens' doubt on new income tax slabs

The government on Saturday explained how the tax reforms, proposed under the new income tax slabs, will benefit the middle class and ease the tax burden for them.

Feb 1, 2025

One crore more people to pay zero income tax under Budget 2025-26: FM Sitharaman

As many as 1 crore more people will pay no income tax after the increase in rebate to Rs 12 lakh announced in the Budget for 2025-26, Finance Minister Nirmala Sitharaman said on Saturday.

Feb 1, 2025

Union Budget: Fiscal consolidation, infra spending, sector-specific incentives in focus

As Finance Minister Nirmala Sitharaman prepares to present Union Budget 2025-26 on Saturday, the government's focus is expected to be on fiscal consolidation, infrastructure spending, and sector-specific incentives, according to top global brokerages and global financial institutions.

Jan 31, 2025

India Inc. pegs GDP growth at 6.5-6.9 pc for 2025-26: FICCI pre-Budget survey

India Inc. is optimistic about the growth prospects of the economy and wants the Union government's thrust on capital expenditure (Capex) to continue in the Union Budget 2025-26, according to a survey released by apex business chamber FICCI

Jan 28, 2025

Indian stock market opens flat, PSU bank shares lead

Market Outlook: Budget, Q3 results, global economic cues key factors for next week

The Indian stock market outlook for the next week will be guided by the Union Budget, q3 results and global economic cues such as crude oil price, dollar index and US GDP growth rate data.

Jan 26, 2025

Sensex snaps five-day losing streak, Nifty closes above 24,300

Eventful week for Indian stock markets, budget holds key for directional breakout

Bulls made several attempts to bounce back but the overall sentiment remained weak as Nifty slipped for the third consecutive week amid geo-political uncertainties.

Jan 25, 2025

Centre notifies new Income-Tax Rules for non-resident cruise ship operators

CBDT amends rules, introduces Presumptive Taxation for non-resident cruise ship operators

The Central Board of Direct Taxes (CBDT) has notified amendments in the Income-Tax Rules. These amendments prescribe conditions for the applicability of a presumptive taxation regime for non-resident cruise ship operators. This development, announced on January 22, 2025, is part of the government's broader strategy to promote investment and employment in the country.

Jan 22, 2025

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