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STT hike to address systemic risks, curb excessive speculation in futures and options: Govt

Feb 1, 2026

New Delhi, Feb 1 (IANS) The government on Sunday said the intent behind the hike in the Securities Transaction Tax (STT) on futures and options is to address systemic risks and curb excessive speculation.Addressing the media here after the Budget 2026-27 was presented, Revenue Secretary Arvind Shrivastava said the intent to increase STT on futures…

From rare earths to turtle trails, Union Budget offers very little to Kerala, say leaders

Feb 1, 2026

Thiruvananthapuram, Feb 1 (IANS) Kerala's ruling Left Democratic Front (LDF) and the Opposition United Democratic Front (UDF) have criticised the Union Budget 2026-27 presented on Sunday, saying it left Kerala largely sidelined, as the…

Business

A powerful step towards developed India: CM Devendra Fadnavis on Union Budget

Feb 1, 2026

Mumbai, Feb 1 (IANS) Maharashtra Chief Minister Devendra Fadnavis on Sunday said the Union Budget presented by Finance Minister Nirmala Sitharaman was a powerful step towards a developed India.In his first reaction after the Union Budget…

Business

Debt-to-GDP ratio estimated to be 55.6 pc of GDP in 2026-27: FM

Feb 1, 2026

New Delhi, Feb 1 (IANS) Finance Minister Nirmala Sitharaman on Sunday said that the debt-to-GDP ratio is estimated to be 55.6 per cent of GDP in 2026-27 (budget estimate or BE), compared to 56.1 per cent of GDP in 2025-26 (revised estimate…

Business

No change in income tax slabs in Union Budget 2026

Feb 1, 2026

New Delhi, Feb 1 (IANS) Finance Minister Nirmala Sitharaman on Sunday kept income tax rates and slabs unchanged following last year’s major tax reforms.While the basic tax structure remains the same, the Finance Minister, presenting the…

Business

Giant 6-ft artwork of Nirmala Sitharaman created by UP artist for budget day

Feb 1, 2026

Amroha, Feb 1 (IANS) An artist from Uttar Pradesh's Amroha, Juhaib Khan, created a six-foot sketch of Finance Minister Nirmala Sitharaman on a wall as the Union Budget 2026 is being presented. Speaking to IANS, Juhaib Khan said, “I create…

Business

Cabinet approves Union Budget 2026-27

Feb 1, 2026

New Delhi, Feb 1 (IANS) The Cabinet on Sunday approved the Union Budget 2026-27 during a meeting in Parliament chaired by Prime Minister Narendra Modi.A meeting of the Union Cabinet was held at Sansad Bhawan at 10 a.m., and after the…

Business

India to ensure Aatmanirbharta, Budget driven by Yuvashakti: FM Sitharaman

Feb 1, 2026

New Delhi, Feb 1 (IANS) Finance Minister Nirmala Sitharaman on Sunday said that the government has ensured Aatmanirbharta across the spectrum despite geopolitical uncertainties, adding that the economic trajectory has been marked by…

Business

What do Delhiites expect from Union Budget 2026-27?

Feb 1, 2026

New Delhi, Feb 1 (IANS) As Union Finance Minister Nirmala Sitharaman is set to present the Union Budget 2026–27 in Parliament on Sunday, residents of Delhi shared their expectations, saying that sectors such as education and railways should…

Business

UPI transactions surge 28 pc at 21.70 billion in Jan: NPCI

Feb 1, 2026

New Delhi, Feb 1 (IANS) The unified payments interface (UPI) saw 28 per cent transaction count growth (year-on-year) at 21.70 billion in the month of January — along with registering 21 per cent annual growth in transaction amount at Rs…

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