BENGALURU: The Department of Space (DoS) has been allocated Rs 13,705.6 crore for 2026-27, marking a steady rise over the revised estimate of Rs 12,448.6 crore in the current fiscal. The increase is driven largely by higher capital expenditure, signalling a push towards new launch vehicles, satellite infrastructure and upcoming exploration missions .Of the total…
Union Budget 2026 recognises the Indian IT sector as one of the key growth drivers for the country’s economy. Union Finance Minister Nirmala Sitharaman proposed a single category for companies offering IT services in the country. Highlighting India’s position as a global leader in software development services, IT-enabled services, Knowledge Process Outsourcing (KPOs) and contract…
NEW DELHI: Union finance minister Nirmala Sitharaman presented the Union Budget 2026-27 on Sunday amid rising global uncertainty regarding tariffs from the United States.The Budget proposals draw a clear line between items that may turn cheaper for consumers and sectors that could feel the pinch. On the relief side, the government has moved to lower…
Stock Markets Today: With the Union Budget 2026–27 set for today, one aspect that shows the general sentiment is the stock market. However, as the Budget this year falls on a Sunday, it becomes a question if the markets will open. The Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) have confirmed that markets…
India’s Goods and Services Tax (GST) collections reached Rs 1,93,384 crore in January 2026, showing a strong year-on-year increase of 6.2 per cent, reported ANI. The revenue had stood at Rs 1,82,094 crore in January 2025.Cumulatively, gross GST receipts for the period from April to January FY26 amounted to Rs 18,43,423 crore, up 8.3 per…
NEW DELHI: Stock markets indices opened lower in the Sunday’s special trading session ahead of the Union Budget 2026, reflecting cautious investor sentiment.The Nifty 50 fell 131.25 points, or 0.52 per cent, to 25,287.65, while the BSE Sensex dropped 332.12 points, or 0.40 per cent, to 82,234.24.The Bombay Stock Exchange (BSE) and the National Stock…
Commercial LPG gas cylinder prices were hiked on Sunday after oil marketing companies revised rates upward, increasing the cost of a 19-kg cylinder by Rs 49 with effect from February 1, Sunday. Following the revision, the retail price of a 19-kg commercial LPG cylinder in Delhi has increased to Rs 1,740.50. Prices of domestic LPG…
Budget 2026 speech date, time: Finance Minister Nirmala Sitharaman is scheduled to present the Union Budget 2026 in Parliament on February 1, 2026.The Union Budget 2026 will mark FM Nirmala Sitharaman’s ninth consecutive Budget presentation, making her the first finance minister in India to achieve this milestone. She will also become the first finance minister…
Markets tend to respond positively when the Budget focuses on growth, infrastructure spending, and tax stability. (AI image) By Somil Mehta,The Union Budget is one of the most important events for Indian stock markets. Every year on February 1, investors closely watch how the Sensex and Nifty react to announcements on taxes, government spending, reforms,…
India’s gold and silver imports surged to record levels in 2025, ringing alarm bells in government and policy circles as soaring precious metal prices threaten to widen the trade deficit and add fresh pressure on the rupee. With limited policy tools available, officials and market participants told Reuters raising import duties is once again emerging…
