Budget announcement on biopharma aligns with shifting disease burden and pharmaceutical industry response

The investment aims to enhance carbon capture technologies across key industries, while addressing its significant carbon footprint

FM announces Biopharma SHAKTI scheme, expansion of geriatric care services and new mental health institutions to address India’s shifting disease burden

All amounts transferred or remitted become taxable, unlike the exemption limits which were available earlier

The benchmark index has however recovered from the intraday low, but need to see if that sustains

India's Animation, Visual Effects, Gaming, and Comics (AVGC) sector is a rapidly growing industry and is projected to require 2 million professionals by 2030

Finance Minister Nirmala Sitharaman’s Budget speech focussed on accelerating economic growth with significant reforms in manufacturing, infrastructure, and taxation

The budget proposes to encourage small and medium enterprises through a ₹10,000 crore SME growth fund and top up the self-reliant India fund with ₹2,000 crore

She said the government will also focus on industry-led research and training centres to develop technology and skilled workforce

The yellow metal falls below ₹1.50 lakh per 10 gm and the white metal slips lower than ₹2.70 lakh a kg

It ‌proposed to raise ​the securities transaction tax by more than 50% on futures to 0.05% from 0.02% and to 0.15% from 0.01% on options

Sitharaman said the scheme will focus on major coconut-growing states and include measures such as replacing non-productive trees with new, high-yielding saplings

Sitharaman proposed to introduce a scheme to revive 200 legacy industrial clusters "to improve their cost competitiveness and efficiency through infrastructure and technology upgradation"

Finance Minister says large-scale infrastructure is the ultimate solution to improve efficiency

According to the minister, these proposed corridors will be developed between Mumbai and Pune, Pune and Hyderabad, Hyderabad and Bengaluru, Hyderabad and Chennai, Chennai and Bengaluru, Delhi and Varanasi and Varanasi and Siliguri

Carbon capture utilisation and storage or CCUS involves the capture of CO2, generally from large point sources like power generation or industrial facilities that use either fossil fuels or biomass as fuel 

The finance minister also proposed making framework with suitable access to funds and derivatives on corporate bond indices

Presenting the Union Budget for 2026-27, the minister said the government will provide incentives for manufacturing seaplanes in the country as part of efforts to boost tourism

She said these hubs will serve as integrated healthcare complexes that combine medical, educational and research facilities

Sitharaman also proposed a scheme for container manufacturing to create globally competitive ecosystem