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Finance Minister Nirmala Sitharaman assured that gold prices have not exceeded “certain limits” despite seasonal festival demand, with the government maintaining close oversight. She emphasized ongoing monitoring amid global trends like central bank purchases, while noting India’s import reliance keeps domestic levels stable.
Union Finance Minister Nirmala Sitharaman highlighted Elon Musk’s repost of an IMF chart during a post-Budget 2026-27 youth dialogue, noting India contributes 17% to global GDP growth—second to China’s 26%—with both nations driving 43% together, surpassing the US.
Finance Minister Nirmala Sitharaman announced in her Union Budget 2026 speech that the Income Tax Act, 2025, passed by Parliament on August 12, 2025, will take effect from April 1, 2026, replacing the six-decade-old 1961 framework.
Finance Minister Nirmala Sitharaman presented the Union Budget 2026-27 on February 1, 2026, in New Delhi, announcing changes that make essential drugs, electric vehicles, and leather products cheaper through duty reductions. Luxury watches, however, face higher costs.
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.
