The country’s standing among the world’s worst performing stock markets this year fuelled expectations of steps to revive earnings and lure back global funds

Capital expenditure remains a key pillar, with overall government capex projected to grow 11 per cent in FY27

The allocation for the Lok Sabha has been pegged at ₹1,009 crore, which includes grants-in-aid for Sansad TV.

Investment in infrastructure projects is set to create a robust demand for high-grade steel, with a focus on enhancing regional connectivity and supporting small and medium enterprises in the evolving market landscape

No change in duty levied on cigarettes based on stick length

Modi’s spending plan promised new outlays on infrastructure and an 18% hike in defense expenditure — a bulwark against the challenge posed by dual rivals China and Pakistan

A duty waiver will encourage use of imported scrap as feedstock for domestic recycling rather than exporting these wastes or depending solely on freshly mined minerals

Budget strikes a balance between reducing the debt-to-GDP ratio and maintaining a gradual pace of fiscal consolidation, the report observes

PMI edges up to 55.4 in January from December’s two-year low of 55.0

Fitch has a BBB- sovereign rating for India, while Moody’s rates it Baaa3. S&P upgraded India to BBB in 2025 for its first such upgrade in 18 years

The one-year ⁠OIS rate ended at 5.5550% on Friday, up 10 bps in January, while the two-year rate ended at 5.7050%, up 15 bps

The 10-year bond yield rises as much as eight basis points to 6.78%, the highest since January 17, 2025

In this post–Union Budget 2026–27 discussion, Poornima Joshi, Resident Editor, businessline, speaks with Editor Raghuvir Srinivasan on what makes the Union Budget 2026–27 distinctive.

Budget 2026 sets the context for the next phase of India’s technology journey, grounded in execution, inclusive in intent and aligned with long-term economic outcomes

‘AI and foreign data centers got their tax holiday gift this year - a truly special welcome to establish Indian data centers as global nodes for the entire world’

Budget boosts spending on manufacturing and infrastructure projects, no big-bang announcements to spur economy

On a broader scale, the government’s vision of India as a global medical value hub demonstrates foresight

While the capital expenditure allocation has not increased sharply this year, it comes on the back of a multi-year expansion in public capex, which now stands at over ₹12.2 lakh crore for FY 2026–27

The Budget’s focus on rural resilience helps build a more dependable and sustainable demand base, rather than relying on short-term stimuli

Finance Minister Nirmala Sitharaman said 10 per cent of nominal GDP growth is realistic