New Delhi, Feb 2 (IANS) Union Budget 2026–27 kept a “long‑term vision at the forefront” by increasing capital expenditure and improving the expenditure mix, a report said on Monday.The report from Crisil Intelligence said the focus is shifting to the long term—with reforms, improving ease of doing business, and inclusive growth getting centre stage.Immediately after the Covid-19 pandemic, the primary focus was on ramping up infrastructure spending and mitigating pandemic impact on growth a…
Latest Infrastructure Development News & Updates
New Delhi, Feb 1 (IANS) Finance Minister Nirmala Sitharaman announced a powerful thrust on infrastructure development in her Union Budget speech for 2026-27, emphasising sustained public investment to drive economic growth and balanced regional progress.The government will maintain its strong focus on enhancing infrastructure in cities with populations exceeding five lakh, particularly Tier-2 and Tier-3 urban centres that have emerged as vital growth hubs.This shift aims to reduce pressure on ma…
New Delhi/ Dhaka, Jan 29 (IANS) Bangladesh’s National Economic Council (NEC) has significantly downsized the health and education sector in the Annual Development Programme (ADP), according to a media report.In the tradition of reviewing the performance of the Annual Development Programme (ADP) at the mid-point of each fiscal year, the NEC downsized the ADP by about 12.5 per cent, to 208,935 crore taka (3.3 per cent of GDP) from its original budget allocation of 230,000 crore taka (3.7 per cen…
New Delhi, Jan 29 (IANS) The UK India Business Council (UKIBC) on Thursday called for a simplified tax regime through exemptions on capital tax gains from foreign portfolio investors FPIs and other investor-friendly reforms from Union Budget 2026-27.The business advisory body also called for strengthening the GIFT City proposition as a globally competitive financial services hub, simplified GST compliance, incentives and support for the telecom sector.It urged the government “to provide increase…
New Delhi, Jan 22 (IANS) The government will likely unveil Budget 2026 with roughly Rs 53.5 trillion worth of total expenditure, a capital expenditure growth of about 15 per cent and a fiscal deficit target of 4.2 per cent, a report projected on Thursday.The report from investment management firm OmniScience Capital said that tax revenues are projected to grow about 10 per cent year‑on‑year in FY27 on a nominal GDP growth assumption of around 9 per cent.Non‑tax receipts are also expected t…
Guwahati, Jan 22 (IANS) Chief Minister Himanta Biswa Sarma on Thursday said that Assam is not only defined by its glorious past but is steadily shaping new milestones, as he highlighted the state’s entry into oil production following the discovery of crude in the Namrup-Borhat block.In a post on X, Chief Minister Sarma said that in 2025, Assam became the first state to be engaged in oil production with the discovery in the Namrup-Borhat block, marking a significant moment in the state’s economic…
Manali, Jan 20 (IANS) Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Tuesday inaugurated the Manali Winter Carnival — 2026 in the tourist resort Manali in Kullu district.Marking the occasion, the Chief Minister flagged off nearly 300 colourful tableaux highlighting the development activities of various departments.During the event, the Chief Minister announced the development of a riverfront project in Manali at a cost of Rs 250 crore to promote tourism. He also announced the constru…
Davos, Jan 19 (IANS) The Mumbai Metropolitan Region Development Authority (MMRDA) Commissioner Sanjay Mukherjee-led team on Monday, at the World Economic Forum (WEF) summit, held a strategic meeting with Paul Dyson, CEO of Crossrail International, a UK-based specialist advisory practice supporting major transport infrastructure programmes around the world.The discussions reaffirmed collaboration and explored opportunities for knowledge-sharing and capacity building in metro and urban transport.A…
New Delhi, Jan 9 (IANS) The Indian economy is in good shape with an expected growth of 7.5 per cent or higher in the current financial year and jobs are being created at a fast pace, so the Budget for 2026-27 must keep up the “focus on jobs, jobs, and jobs”, business leader and former Infosys board member TV Mohandas Pai said.In an interaction with IANS, Pai pointed out that 1.2 to 1.4 crore new people are joining EPFO, paying money with Aadhaar. “Don’t believe all these leftist JNU people who s…
Guwahati, Jan 9 (IANS) The Assam government has intensified efforts to position the state as one of India’s most industry-friendly destinations, banking on large-scale investments, policy reforms and flagship initiatives such as the ‘Advantage Assam’ programme to drive economic growth and employment generation.Under the leadership of Chief Minister Himanta Biswa Sarma, the state has rolled out a series of measures aimed at improving the ease of doing business, strengthening infrastructure and …