Bengaluru, Feb 17 (IANS) The Karnataka unit of the BJP on Tuesday advised Chief Minister Siddaramaiah not to divert funds from the Scheduled Caste Sub Plan (SCSP) and Tribal Sub-Plan (TSP) if he has any concern for the SC-ST communities.The Leader of the Opposition R. Ashoka stated on Tuesday in Bengaluru, “If Chief Minister Siddaramaiah truly has concern and commitment towards the Scheduled Castes and Scheduled Tribes, let him make it crystal clear on March 6, when he presents the 2026–27 Bud…
Latest Budget News & Updates
Mumbai, Feb 16 (IANS) The Mumbai Metropolitan Region Development Authority (MMRDA) on Monday presented its Budget for the financial year 2026–27 with a total outlay of Rs 48,072.57 crore, marking its first surplus Budget since 2017–18. MMRDA had a deficit of Rs 7,468 crore in 2024-2025. In just three years, the authority has achieved a surplus of Rs 17 lakh, thus signalling a decisive financial turnaround. The surplus is the outcome of structured land monetisation, strengthening of th…
Chennai, Feb 15 (IANS) The Tamil Nadu government is expected to release its second Economic Survey on Monday (February 16, 2026), a day ahead of the presentation of the interim Budget for 2026–27 in the State Assembly. The document, prepared by the State Planning Commission with substantial inputs from the Finance Department, is anticipated to provide a comprehensive assessment of the State’s economic performance and policy direction.Sources indicate that the latest edition of the Survey wil…
New Delhi, Feb 12 (IANS) Finance Minister Nirmala Sitharaman on Thursday said the Union Budget 2026-27 has come at a rare moment for India’s economy, where strong growth and low inflation are being achieved together.Speaking in the Rajya Sabha, FM Sitharaman described this phase as a ‘Goldilocks moment’ and said it was the result of sustained effort, careful planning and timely policy action, not chance.“According to the first advance estimates released by the National Statistical Office…
New Delhi, Feb 11 (IANS) Anil Rajput, Chairman of FICCI CASCADE, one of the country’s top industry bodies, on Wednesday said the United Nations should declare February 11 as the ‘International Anti-Smuggling Day’ to raise awareness against smuggling globally.Speaking to IANS during an event here, Rajput said that smuggling is increasing both in the country and globally.Therefore, “we urge the United Nations to declare February 11 as ‘International Anti-Smuggling Day’ to raise awareness against…
Bengaluru, Feb 11 (IANS) The Karnataka Congress crisis is likely to escalate, with Deputy Chief Minister D.K. Shivakumar’s brother and former Congress MP D.K. Suresh stating that he is confident Chief Minister Siddaramaiah will keep his word, hinting at a power-sharing formula.The development took another serious turn with Deputy CM Shivakumar reiterating in Delhi that he and Siddaramaiah had spoken to each other in the presence of national leaders and that he would speak about it when the tim…
Lucknow, Feb 11 (IANS) Uttar Pradesh Finance Minister Suresh Khanna on Wednesday presented a Rs 9,12,696.35 crore budget for the financial year 2026-27 in the Assembly, an increase of nearly 12.9 per cent over the previous year.The Budget includes new schemes worth Rs 43,565.33 crore.The government has placed special emphasis on capital expenditure, fiscal discipline, strengthening law and order, and expanding health and medical infrastructure.Capital expenditure has been pegged at 19.5 per cent…
New Delhi, Feb 11 (IANS) The Leader of Opposition in the Lok Sabha, Rahul Gandhi, on Wednesday stated that India’s people are its biggest strengths and underscored the importance of protecting the nation’s vibrant database for standing along with global peers; however, he added that the Union Budget has nothing substantial to protect them. Gandhi, while speaking on the Union Budget in the Lower House, highlighted three points as the cornerstone of a strong nation — Artificial Intelligence (…
New Delhi, Feb 10 (IANS) Overall vehicle retail market in India grew 17.61 per cent (year‑on‑year) with sales of 27,22,558 units in January, driven by strong demand in two‑wheelers and passenger vehicles, industry body Federation of Automobile Dealers Associations (FADA) said on Tuesday.Passenger vehicle (PV) retail rose 7.22 per cent to 5,13,475 units in January, with urban markets accounting for about 59.2 per cent of sales volumes, the statement from FADA said.Rural PV retail grew 14.43…
Mumbai, Feb 5 (IANS) Investors should maintain a balanced investment approach in 2026, positioning large caps or hybrids as the core allocation, complemented by staggered, selective exposure to mid and small caps, a report said on Thursday.The report from Motilal Oswal Private Wealth recommended this approach due to “improving fundamentals and macro conditions across India’s equity markets.”India’s relative valuation standing has strengthened after a consolidation‑led 2025, “supported by i…