February 1, 2026 12:19 PM

Union Budget 2026-27 hikes Govt capex to Rs 12.2 lakh crore in big push to infra

Finance Minister Nirmala Sitharaman on Sunday announced a capital expenditure of Rs 12.2 lakh crore in the Budget for 2026-27, to boost big-ticket infrastructure projects for growth and jobs in the economy. Presenting the Budget, the Finance Minister said that an Infrastructure Risk Development Fund would be set up to accelerate the development of big projects. She said to push economic growth, the Budget proposes to deliver a powerful push to infrastructure, including highways, ports, railway...

February 1, 2026 12:15 PM

Union Budget: FM Sitharaman lists 3 ‘Kartavyas’ to accelerate economy, empower poor

Finance Minister Nirmala Sitharaman on Sunday shared three 'Kartavyas' (duties) to not only accelerate the economy but also empower the poor, underprivileged, and the disadvantaged. Sitharaman said that to deliver on the government's 'sankalp' (resolve) and given that this is the first budget prepared in Kartavya Bhavan, "we are inspired by three Kartavyas". "The first Kartavya is to accelerate and sustain economic growth by enhancing productivity and competitiveness and building resilience to...

November 10, 2025 2:46 PM

FM Sitharaman holds first pre-Union Budget consultations with leading economists

Finance Minister Nirmala Sitharaman on Monday held first pre-budget consultations with leading economists ahead of the upcoming Union Budget 2026-27. The meeting was attended by Chief Economic Adviser (CEA) V. Anantha Nageswaran, besides other economists and senior officers from the Department of Economic Affairs (DEA). “Union Minister for Finance and Corporate Affairs @nsitharaman chairs the first Pre-Budget Consultation with leading economists in connection with the upcoming Union Budget 2...

October 24, 2025 3:04 PM

GST rate cuts boost festive sales, reflect positive market sentiment: FM Sitharaman

Union Finance Minister Nirmala Sitharaman on Friday said that India’s festive retail sales have reached a record high this year, reflecting the positive impact of the government’s economic reforms, including the rationalisation of Goods and Services Tax (GST) rates. Speaking at the inauguration of the new CGST Bhawan in Ghaziabad, the Finance Minister said the next phase of GST reforms will make the system more efficient, equitable, and growth-oriented. “I am confident that with continue...

May 7, 2025 1:51 PM

India shall never tolerate terrorism: FM Sitharaman lauds ‘Operation Sindoor’

Finance Minister Nirmala Sitharaman on Wednesday praised the Indian Army for the successful execution of 'Operation Sindoor', describing it as a decisive and strong response against terrorism and asserted that under the leadership of Prime Minister Narendra Modi, India remains committed to pursuing every perpetrator of terror. Taking to social media platform X, FM Sitharaman posted, “The 'Operation Sindoor' is a strong response by Indian Army- hitting at the terror hubs in Pakistan. India sha...

February 15, 2025 6:18 PM

FM presents a clear picture of Indian economy, reforms: PM Modi

Union Finance Minister Nirmala Sitharaman, while responding to the debate on the Union Budget 2025-26 in Parliament this week, provided a clear picture of the Indian economy and ongoing reforms, Prime Minister Narendra Modi said on Saturday.   “During her remarks in Parliament, Finance Minister @nsitharaman has given a very clear picture of the Indian economy and the reform trajectory we are undertaking,” PM Modi said on social media platform X.   During the Budget debate in the Lok Sa...

February 13, 2025 12:56 PM

FM Sitharaman to introduce Income Tax Bill today, LS adjourned till 2 pm

Finance Minister Nirmala Sitharaman is set to introduce a new Income Tax Bill in the Lok Sabha on Thursday as part of the tax reforms aimed at streamlining and simplifying provisions to enhance clarity and reduce legal disputes. The ninth day of the Parliament's Budget Session began at 11 am on Thursday. However, amid protests by opposition members on various issues, the Lok Sabha was adjourned until 2 pm. The finance minister is expected to present the Income Tax Bill in the Lower House later ...