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The 2026 Budget launches regional medical hubs, Ayurveda institutes, and expands NIMHANS, creating 250,000 healthcare jobs while making specialized emergency and traditional treatments accessible nationwide.
Individual Persons Resident Outside India (PROI) will be allowed to invest in equity instruments of listed Indian companies through the Portfolio Investment Scheme. It is also proposed to increase investment for PROI from 5% to 10%.”
In the Union Budget 2026-27, FM Nirmala Sitharaman announced a significant increase in STT (Securities Transaction Tax). The tax on Futures has been raised from 0.02% to 0.05%, and on Options (Premium) from 0.1% to 0.15%.
Finance Minister Nirmala Sitharaman wore a purple Kattam Kancheevaram silk saree with light golden brown checks and a coffee brown thread-work border for her ninth Union Budget presentation on January 31, 2026. This handwoven choice honors Tamil Nadu’s weaving legacy, especially timely ahead of the state’s Assembly elections.
From February 1, cigarette prices in India will rise as the Centre introduces a new excise duty regime based on cigarette length, alongside higher cess on tobacco and pan masala products. This marks the first major tax hike on cigarettes in nearly seven years.
The Budget 2026 emphasizes higher capital expenditure for the rail sector, aiming to modernize safety, speed, and passenger experience, with a focus on infrastructure upgrades and PPP participation to boost capacity and productivity.
With Budget 2026 approaching, India’s crypto ecosystem is watching closely for tax reforms that could ease one of the world’s toughest virtual digital asset regimes. Industry experts expect rationalisation rather than aggressive taxation, including potential relief on loss offsets and holding rules.
UIDAI has launched a new Aadhaar app that lets users update their Aadhaar-linked mobile number directly from their smartphones using OTP-based authentication and face verification, eliminating the need to visit an enrolment centre in most cases.
The United States entered a partial government shutdown after Congress failed to pass the 2026 budget before the deadline, reviving fears among federal workers. While disruption is expected to be short-lived, nearly three-quarters of government operations face uncertainty.
Silver prices witnessed an unprecedented collapse, plunging nearly ₹1.08 lakh per kg on MCX within a single session after touching record highs. The sharp reversal followed a stronger US dollar after Kevin Warsh’s Fed appointment, a steep correction in gold prices and aggressive profit booking. Despite the historic fall, analysts say long-term prospects remain linked to supply constraints, industr
