Budget 2026: Modi Govt Faces Rs 3 Lakh Crore Hole
The Narendra Modi government confronts a significant Rs 3 trillion fiscal shortfall in the upcoming Union Budget 2026, limiting options for tax cuts.
The Narendra Modi government confronts a significant Rs 3 trillion fiscal shortfall in the upcoming Union Budget 2026, limiting options for tax cuts.
The Modi government confronts a significant Rs 3 trillion fiscal gap in the upcoming Union Budget 2026, with experts predicting no major tax cuts to address the shortfall.
India's economy shows robust 7.4% real growth, but tepid 8% nominal expansion threatens government's fiscal space and debt reduction goals ahead of budget.
As India aims for a $5 trillion economy, Budget 2026 needs to increase disposable income through tax reforms. Experts suggest raising exemption limits and simplifying compliance to drive consumption.
FICCI Senior Vice President Vijay Sankar outlines four critical imperatives for the 2026-27 Union Budget to build a resilient, competitive, and future-ready Indian economy amid global challenges.
Learn what makes up India's Economic Survey ahead of Budget 2026, from the Chief Economic Advisor's preface to detailed analytical chapters.
Finance Minister Nirmala Sitharaman will present the Union Budget 2026 on February 1, as per a government-approved proposal. The budget preparation involves key ministries and officials.
India's first advance GDP estimate of 7.4% growth for FY26 may quickly become outdated as the government prepares to overhaul the statistical framework next month, changing how the economy is measured.
FACSI calls for GST threshold increase, simplified returns, and a dedicated council for micro and small enterprises ahead of Union Budget 2026.
US Treasury Secretary Scott Bessent reportedly told President Trump that the criminal investigation into Fed Chair Jerome Powell could destabilize financial markets, expressing frustration over the unexpected probe.
The Indian rupee declined by 5 paise to 90.22 against the US dollar in early trade on Tuesday. Analysts attribute this drop to heightened geopolitical tensions and global trade uncertainties.
Pratap Bhanu Mehta argues that framing equality as growth's enemy protects oligarchy. He explains how inequality undermines poverty reduction, entrepreneurship, and social trust in India.
A report reveals Uttarakhand suffered Rs 15,103.52 crore in economic losses from 2025 floods, avalanches, and crashes, with tourism and infrastructure hit hardest.
India's retail inflation rose to 1.3% in December, reaching a three-month peak. Food inflation contracted but core inflation excluding food and fuel hit a 28-month high of 4.8%.
India's inflation remains low amid rapid growth, thanks to rare harmony between monetary and fiscal policymakers. This contrasts sharply with US tensions.
The Justice Department investigates Fed Chair Jerome Powell over congressional testimony about Fed headquarters renovation costs, escalating Trump's campaign to influence central bank policy.
The Union Budget for 2024 will be presented on a Sunday, marking a historic departure from the traditional weekday schedule in India's parliamentary history.
Lok Sabha Speaker Om Birla announces the Union Budget for fiscal year 2024-25 will be presented on Sunday, February 1, marking a key economic policy event.
India faces a critical choice: export its skilled workforce or attract foreign capital to fuel domestic growth. Experts argue for a capital-import strategy to build a $30 trillion economy. Discover the analysis and policy shifts needed.
Fed Chair Jerome Powell publicly accuses the Trump administration of using a criminal probe to pressure the central bank on interest rates, marking a dramatic escalation. Read the full story.
India's retail inflation, based on CPI, increased to 1.33% in December 2025, ending the year outside the RBI's target range. This marks the final data point under the old series before a major update.
BMI Research forecasts India's economy will grow at 7% in FY27, driven by strong investment and a favorable policy environment. Read the full analysis.
India's retail inflation rose to 4.91% in December, driven by costlier kitchen essentials. The CPI data signals persistent price pressures. Read for detailed analysis and expert insights.
India's CPI inflation climbed to 1.33% in December 2025, a 3-month high. While food prices remain negative, core pressures rise. Explore the RBI's growth support room.
India's retail inflation rose to a three-month high of 1.3% in December 2025, signaling a turnaround from ultra-low levels. The uptick may limit the RBI's ability for further rate cuts. Read more.
The next two decades are critical for India to convert its demographic dividend and urban surge into lasting prosperity before ageing and climate pressures intensify. The path to a $20 trillion economy by 2047 hinges on smart reforms now.
Get all your questions answered about the Union Budget 2026 process. Learn who drafts the crucial Economic Survey, key dates, and the difference between the Survey and the Budget.
The Economic Survey 2026, a key document ahead of the Union Budget, is set for release. Find out when and where to watch the analysis of India's economic state.
Congress leader Jairam Ramesh highlights declining household savings and rising inequality, urging meaningful action in the upcoming Budget. Read the full analysis.
The criminal investigation into Fed Chair Jerome Powell is a stark warning to his likely successors, Kevin Hassett or Kevin Warsh, about defying presidential pressure on interest rates. Read the full analysis.