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NIRMALA SITHARAMAN BUDGET
India's fiscal deficit for April-August at Rs 7.10 lakh crore, widens to 41.9% of FY27 aimAs FY27 progresses, India's fiscal deficit climbed to an alarming Rs 7.10 lakh crore within the first five months, representing 41.9% of th...
FM Sitharaman meets AIIB President, suggests expansion of financing beyond physical infraFinance Minister Nirmala Sitharaman met Asian Infrastructure Investment Bank (AIIB) President Zou Jiayi and suggested the bank expand its f...
Government may do away with UPI subsidies as MDR revenue kicks inGovernment may end UPI subsidies for small transactions as merchant fees are introduced. Taxpayer-funded incentives for UPI and RuPay trans...
Budget 2027-28 process begins October 12 with month-long pre-budget meetingsPre-budget meetings for the Union Budget 2027-28 will commence on October 12 and continue until November 13. These discussions aim to final...
High-level panel on banking likely by October-endIts composition is being finalised and is likely to include a former Reserve Bank of India (RBI) deputy governor, industry leaders from the...
Can India build its own Big Four? The battle moves to the rulebookIndia is moving to reshape its accounting sector as ICAI prepares Chartered Accountants Act changes aimed at enabling larger domestic firms...
Assam CM Himanta Biswa Sarma attends conference on 'Financing India's journey towards Viksit Bharat'Assam Chief Minister Himanta Biswa Sarma attended the Centre’s conference on financing India’s Viksit Bharat 2047 agenda in New Delhi, wher...
No more tax wishlists? FM Sitharaman asks experts to make the case for what should goFinance Minister Nirmala Sitharaman urged tax professionals and industry bodies to move beyond demands for exemptions and rate cuts, asking...
Assume leadership, put nation first, FM Sitharaman tells Gen Z, Gen AlphaFinance Minister Nirmala Sitharaman urged young graduates to prioritize national interests in leadership roles. She highlighted India's eco...
India’s $100-billion GCC boom runs into an engineer talent puzzleIndia's Global Capability Centres sector is rapidly expanding and generating significant revenue. However, a substantial gap exists between...
Fiscal deficit target for FY27 achievable, but slower nominal GDP growth may pressure fiscal space: ReportIndia's fiscal position remains comfortable in early FY27 months. Slower nominal GDP growth could pressure the fiscal deficit target. Gover...
India's fiscal deficit for April-July at Rs 4.55 lakh crore, narrows to 26.8% of FY27 aimIndia's fiscal deficit reached 4.55 lakh crore rupees through July. This figure represents 26.8% of the annual budget estimates for this ye...
India's FY27 growth seen at 7-7.2% as capex, domestic demand offset global headwinds: EYIndia's real GDP growth is likely to remain resilient at 7 per cent-7.2 per cent in FY27, supported by buoyant domestic demand and continue...
Why Indian retail options traders are having a tough time to defuse what Warren Buffett called lethal time bombsSebi’s latest study shows that 88% of individual F&O traders lost money in FY26, with options accounting for 92% of aggregate losses. Despi...
Banking sector in strongest position to undertake reforms, high-level panel coming soon: FM SitharamanFinance Minister Nirmala Sitharaman on Monday said India’s banking sector is in its strongest position to undertake the next phase of refor...
India opens tax amnesty scheme for small taxpayers to declare select foreign assetsIndia's tax amnesty scheme for small taxpayers opened Sunday and runs until December 2026. This one-time measure aims to bring undeclared f...
BRICS nations need stronger frameworks to mobilise private capital at scale: Nirmala SitharamanNirmala Sitharaman urged BRICS nations to foster stability for attracting private capital. Multilateral development banks can de-risk inves...
India may rationalise most customs tariffs by Budget 2027-28, Nirmala Sitharaman saysIndia's finance minister announced plans to streamline customs tariffs, aiming for a significant overhaul by the fiscal year 2027-28. This ...
Tariff rationalisation set to continue, more steps likely in FY28 Budget: FMFinance Minister Nirmala Sitharaman confirmed ongoing import tariff rationalisation efforts. Further measures are expected in the budget fo...
Rajya Sabha passes Appropriation No.3 Bill authorising Rs 54,067 crore excess spending for FY23The Rajya Sabha approved the Appropriation Bill for excess spending. This bill covers expenditures from the financial year ending March 31,...