India faces a complex budget challenge as it aims to balance economic growth with fiscal stability. The government must address rising expenditures while maintaining investor confidence and controlling inflation.
As India prepares for Union Budget 2026, expectations center on tax refinements, infrastructure spending, defense modernization, and manufacturing support while maintaining fiscal discipline.
As India prepares for the Union Budget 2026 presentation on February 1, explore how tax policies, sectoral allocations, and fiscal discipline shape household finances and market dynamics. Learn from last year's Budget 2025-26 impacts.
A recent RBI report highlights a concerning rise in states' fiscal deficit to 3.3% of GDP in 2024-25, surpassing the 3% threshold for the first time in three years, signaling potential economic stress.
India's combined tax-to-GDP ratio stands at 19.6%, on par with major economies but below advanced nations. Bank of Baroda report highlights reform opportunities and upcoming Income Tax Act 2025.
Crisil chief economist Dharmakirti Joshi highlights expectations for Union Budget prioritizing fiscal discipline, higher GDP growth, and trade deals amid global uncertainty.
Union Budget 2026, to be presented by Finance Minister Nirmala Sitharaman on February 1, 2026, aims to address global economic challenges including US tariffs. Key expectations include tax relief, export sector support, and infrastructure spending.
Indian precious metal refiners urge government to address duty disparities in Budget 2026, seeking policy support to enhance domestic refining capabilities and compete with imports under free trade agreements.
A study by PM's Economic Advisory Council reveals metro access lowers home loan delinquency by 1.7% in Hyderabad, 2.4% in Bengaluru, and boosts prepayments, stabilizing household finances.
Amid rupee depreciation and stock market freefall, global and domestic commodity supply surpluses offer stability, cushioning inflation risks and highlighting policy predictability needs.
IMF raises India's FY26 GDP growth forecast to 7.3%, core industries show subdued growth, and India signs a $3-billion LNG deal with UAE. Key economic insights from the week.
India's National Statistics Office plans to use GST filings, E-Vahan data, corporate results, and other administrative sources to improve quarterly GDP figures as part of a data overhaul.
Ashika Group CEO Rahul Arora predicts India's upcoming budget will be inward-looking, emphasizing domestic growth and stability to counter global economic uncertainties and geopolitical tensions.
Silver prices surged to an unprecedented $100 per ounce on Friday, marking a historic milestone driven by safe-haven demand amid US political uncertainty and robust industrial use in solar panels and AI infrastructure.
The Reserve Bank of India has urged state governments to establish transparent debt consolidation frameworks, warning that elevated debt levels could hinder investment and growth across India's economy.
India's private sector activity showed a strong recovery in January 2024, bouncing back from a slowdown in December, driven by robust demand and improved business conditions across key sectors.
Harvard economist Gita Gopinath highlights that air pollution costs India up to $150 billion annually, surpassing trade tariffs, with 1.7 million deaths linked to pollution each year.
India's robust 6-7% GDP growth faces external challenges including rupee depreciation, US tariffs, and global uncertainty. Economists analyze risks and suggest Budget 2026 measures for resilience.
Former IMF official Gita Gopinath warns India's air pollution causes greater economic damage than tariffs, urging urgent action at Davos panel.
India's foreign exchange reserves have increased by USD 14 billion, reaching a total of USD 700 billion, as per the latest RBI data. This rise comes after reserves peaked at USD 704.89 billion in September 2024, with recent pressures due to currency inter
India's US Treasury holdings plummet 26% to $174B, hitting a 5-year low as RBI diversifies forex reserves away from dollar assets amid rupee volatility and geopolitical risks.
India's foreign exchange reserves rebounded sharply, rising by $14.167 billion to $701.36 billion in the week ended January 16, according to latest RBI data.
Nuvama report suggests India's finance minister may keep fiscal deficit unchanged at 4.4% of GDP in FY27, focusing on non-fiscal measures like deregulation and disinvestment to support fragile economic recovery.
Union Minister Ashwini Vaishnaw highlighted at Davos how the government's positive reforms have significantly transformed India's economic growth trajectory, attracting global investment.
India's GDP growth at 8% nominal and 7.4% real contrasts with corporate net sales growth lagging behind, fueling debates on data accuracy and economic health.
The Union Budget directly influences income tax, savings schemes, and daily expenses for millions of Indians. Discover how budget decisions shape financial well-being.
Navy Chief Admiral Dinesh Kumar Tripathi declares Viksit Bharat has evolved beyond policy to tangible maritime reality, highlighting that 95% of India's trade volume travels by sea, crucial for achieving the 2047 development vision.
India was repeatedly cited as a reliable long-term growth anchor during World Economic Forum discussions, with its macroeconomic stability and AI potential highlighted amid persistent geopolitical uncertainty.
CII Director General Chandrajit Banerjee highlights India's pivotal role as a growth anchor in challenging global conditions, describing Davos mood as cautiously optimistic.
India's private sector economy shows strong recovery in January 2026 with manufacturing leading the upturn. HSBC Flash PMI indicates improved new orders, job creation, and business confidence across sectors.