India, Feb. 1 -- The Government of India has issued a release: While presenting the Union Budget 2026-27 in Parliament today, Union Minister for Finance and Corporate Affairs, Smt Nirmala Sitharaman said; "Our first kartavya is to accelerate and sustain economic growth, by enhancing productivity and competitiveness, and building resilience to volatile global dynamics". The Finance Minister in her budget speech today said that the Public capex has increased manifold from Rs.2 lakh crore in FY2...
India, Feb. 1 -- The Government of India has issued a release: The Prime Minister, Shri Narendra Modi has greeted all the ranks of Indian Coast Guard on their Raising Day. Shri Modi stated that the Indian Coast Guard have made a mark for standing as a steadfast shield along our shores, and their unwavering commitment to maritime security, swift disaster response and protection of our marine ecosystem is commendable. The Prime Minister posted on X: "On their Raising Day, greetings to all the r...
India, Feb. 1 -- The Government of India has issued a release: The Prime Minister, Shri Narendra Modi stated that it is a matter of immense honour and pride that today, on the auspicious occasion of Sant Ravidass Jayanti, it has been decided that the Adampur Airport will now onwards be known as Shri Guru Ravidass Maharaj Ji Airport. Shri Modi added that it is a fitting tribute to the timeless ideals of Shri Guru Ravidass Maharaj Ji and his message of equality, compassion and service continues t...
India, Feb. 1 -- The Government of India has issued a release: The President of India Smt Droupadi Murmu graced the opening of the Amrit Udyan Winter Annuals Edition 2026 today (February 1, 2026). The Amrit Udyan of Rashtrapati Bhavan will open for public viewing from February 3 to March 31, 2026. People can visit the Udyan six days a week between 10 a.m. and 6 p.m. (last entry at 5.00 p.m.). The Udyan will remain closed on Mondays, which are maintenance days and on March 4 on account of Holi....
India, Feb. 1 -- The Government of India has issued a release: The Union Budget 2026-27, presented by the Hon'ble Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman in the Parliament today, has announced several key initiatives to strengthen India's pharmaceutical and biopharma sector. The Finance Minister stated that the Government has undertaken comprehensive economic reforms towards creating employment, boosting productivity and accelerating growth. The Minister emphasi...
India, Feb. 1 -- The Government of India has issued a release: A range of proposals on Direct Taxes to ensure 'Ease of living' for taxpayers have been announced by Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman during the Union Budget 2026-27 speech in Parliament today. Ease of Living The Budget proposes that any interest awarded by the Motor Accident Claims Tribunal to a natural person will be exempt from Income Tax, and any TDS on this account will be done away wit...
India, Feb. 1 -- The Government of India has issued a release: The Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman, presented the Union Budget 2026-27 in Parliament today. The Union Budget proposes to set up a High-Powered 'Education to Employment and Enterprise' Standing Committee to recommend measures that focus on the Services Sector as a core driver of Viksit Bharat. This will make India a global leader in services, with a 10% global share by 2047. The Committee wi...
India, Feb. 1 -- The Government of India has issued a release: In the Union Budget, tabled today in the Lok Sabha for the year 2026-2027, proposed the highest ever total annual budgetary support of Rs.2,761.80 crore for the fisheries sector. Out of the total allocation, Rs.2,530 crore has been earmarked for scheme-based interventions, ensuring direct support to fishers and fish farmers. Pradhan Mantri Matsya Sampada Yojana (PMMSY) continues to be the central pillar of fisheries development, wit...
India, Feb. 1 -- The Government of India has issued a release: Union Minister of Ports, Shipping and Waterways Sarbananda Sonowal said the Union Budget has provided a powerful thrust to India's economic transformation by accelerating the Reform Express, strengthening the foundations of growth and 'positioning the maritime sector as the anchor in achieving the vision of Viksit Bharat'. The Union Minister said the Budget reflects the government's commitment to the three Kartavyas - accelerating a...
India, Feb. 1 -- The Government of India has issued a release: Recognising the need to enable critical infrastructure and boost investment in data centres,the Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman,while presenting the Union Budget 2026-27 in Parliament today, proposed to provide tax holiday till 2047 to any foreign company that provides cloud services to customers globally by using data centre services from India. It will, however, need to provide services to...