NBFCs Merger to Enhance Capital, Finance Projects: DFS Secretary
The merger of NBFCs will strengthen capital adequacy and enable financing for multiple infrastructure projects, according to DFS Secretary Vivek Joshi.
The merger of NBFCs will strengthen capital adequacy and enable financing for multiple infrastructure projects, according to DFS Secretary Vivek Joshi.
The US-India Business Council (USIBC) has welcomed India's 2026 budget, highlighting its potential to enhance bilateral economic relations. The council has called for key reforms to further boost trade and investment between the two nations.
Finance Minister Nirmala Sitharaman's Union Budget 2026 introduces a ₹10,000 crore SME Growth Fund, TReDS platform reforms, and asset-backed securities to enhance credit access for India's 7.4 million MSMEs.
Union Budget 2026-27 offers financial aid to upgrade Maharashtra's plain powerlooms to advanced machines, boosting textile production. Industry seeks more support for small units.
Bhubaneswar Development Authority announces Rs 1.21 crore neighbourhood park at Kailash Vihar in Chandrasekharpur with jogging tracks, play zones, and landscaped lawns to address open space shortage.
Economists have welcomed the Union Budget 2026-27, calling it a 'populist budget' that covers all sections of society. Key highlights include increased expenditure, fiscal deficit targets, and special allocations for northeast development.
Leading traders' associations in Northeast India have praised the Union Budget 2026-27 for its emphasis on tourism, green mobility, and accelerated development in the region, including new Buddhist circuits and high-speed rail links.
Steel manufacturers in Jharkhand, including Bokaro Steel Plant, ESL Steel, and BMW Industries, praise Union Budget 2026 for its focus on infrastructure, manufacturing, and capital expenditure, expecting higher steel demand.
An international conference at Assam Royal Global University discussed transforming Northeast India's biodiversity into a bio-manufacturing hub, emphasizing biotechnology's role in economy and healthcare.
The Kanara Chamber of Commerce and Industry expresses disappointment over the absence of a dedicated coastal economic corridor in Budget 2026, highlighting missed opportunities for Mangaluru's development.
Commerce Secretary Rajesh Agrawal highlights Budget 2026-27 measures for export ecosystem: manufacturing expansion, logistics reforms, sector-specific support for electronics, pharma, leather, textiles, and SEZ revamp.
Finance Minister Nirmala Sitharaman's maritime-centric Union Budget 2026-27, emphasizing inland waterways, seaplane connectivity, and ship-repair hubs, has generated cautious optimism among Goa's logistics stakeholders.
Goa's farming community welcomes Union Budget support for high-value crops like coconut and cashew but highlights practical challenges including pest infestations, wildlife damage, and need for climate-resilient varieties.
Kerala fishermen warn Union Budget 2026's duty-free incentives for large vessels fishing inside and beyond India's EEZ threaten local communities and sustainability, while seafood exporters welcome the move.
Finance Minister Nirmala Sitharaman presented the Union Budget 2026-27, outlining revenue sources and expenditure priorities across infrastructure, healthcare, and tax reforms.
Goa's private sector leaders call for closer collaboration with the Centre to leverage Union Budget 2026 allocations for manufacturing, tourism, agriculture, and healthcare sectors in the state.
Saudia flight services have recommenced at Calicut International Airport in Kozhikode after a five-year suspension, enhancing air connectivity between Kerala's Malabar region and Saudi Arabia.
DEA Secretary Anuradha Thakur says government and RBI are closely monitoring rupee movements and gold/silver price fluctuations, prepared to use policy tools to ensure macroeconomic stability.
Andhra Pradesh is poised to become a major hub for rare earth and critical minerals exploration following the Union government's decision to establish dedicated mineral corridors, backed by policy and financial support.
The upcoming Budget 2026 is set to prioritize youth empowerment, guided by three key principles of duty and responsibility, aiming to foster economic growth and social development.
FJCCI and MSMEs in Jharkhand welcome Union Budget 2026-27 proposals for sector development but urge special consideration for the state's growth. Industry leaders highlight benefits for manufacturing and SMEs.
Warren Buffett's enduring business principles of patience and simplicity contrast with today's workforce prioritizing travel over traditional goals, reshaping workplace flexibility and productivity.
The Bureau of Indian Standards has implemented IS 19469:2025 to strictly define diamond terminology. Natural diamonds can now only be called 'Diamond' while lab-grown alternatives must use specific qualifiers, banning misleading terms like 'cultured' or '
CREDAI Visakhapatnam praised Finance Minister Nirmala Sitharaman's Union Budget 2026-27, highlighting its focus on affordable housing, infrastructure development, and policy stability for real estate growth in tier 1 and tier 2 cities.
Finance Minister Nirmala Sitharaman's Union Budget 2026 introduces major reforms including STT rate increases, capital gains tax on buybacks, MACT interest exemption, and the new Income Tax Act 2025 implementation from April 2026.
Finance Minister Nirmala Sitharaman's FY27 budget positions textiles at the heart of India's labor-intensive manufacturing push through a comprehensive five-part program covering fibre security, technology upgrades, skilling, and mega textile parks.
The Indian government has increased the duty-free allowance for air passengers to Rs 75,000 under the new Baggage Rules, 2026. Foreign tourists' limit rises to Rs 25,000, with updated jewellery allowances for returning residents.
The Union Budget 2026 introduces a new Income Tax Act with revised slabs, higher standard deduction, and simplified compliance. Learn about the key changes impacting taxpayers.
The 16th Finance Commission recommends maintaining states' share in central taxes at 41% while emphasizing outcome-based spending, transparency, and stricter fiscal discipline. New GDP contribution criteria added for horizontal devolution.
Industry bodies in Andhra Pradesh welcome Union Budget 2026 as pragmatic and growth-focused, praising SME funds and infrastructure projects while expressing disappointment over insufficient allocations for Polavaram and Amaravati development.