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Customs duty cuts make life-saving drugs, mobiles, EVs & gold cheaper(மத்திய பட்ஜெட்டால் எந்த பொருள் விலை குறையும்): Complete list of items that become affordable vs expensive Union Budget 2026.
The Union Budget 2026-27, presented by Finance Minister Nirmala Sitharaman, allocates Rs 1,102 crore for expenses of the Council of Ministers (Rs 620 crore), Cabinet Secretariat, PMO (Rs 73.52 crore), National Security Council Secretariat (Rs 256.19 crore), and hospitality for state guests (Rs 5.76 crore), plus aid for ex-governors (Rs 1.53 crore).
Union Budget 2026, presented by Finance Minister Nirmala Sitharaman, included several announcements targeting Tamil Nadu, a poll-bound state. These focus on critical minerals, tourism, and trekking, high speed railway connectivity.
India’s Union Budget presentation has evolved significantly over time. Until 1998, budgets were presented at 5 PM to align with the British Parliament’s schedule. This colonial-era practice ended in 1999 when Finance Minister Yashwant Sinha shifted the timing to 11 AM for better parliamentary scrutiny. Further reforms included advancing the budget date to February 1, introducing the traditional ba
India and the European Union have finalised a long-awaited free trade agreement, potentially boosting India’s exports, expanding market access, and attracting more foreign investment, while gradually opening European markets to Indian goods and services. Analysts highlight potential sectoral gains and macroeconomic implications.
Ahead of the Union Budget, the Modi government plans a major cut in import duties on European cars, reducing tariffs from as high as 110% to 40%, with a gradual fall to 10%. The move, linked to the India–EU free trade pact, could sharply lower prices of BMW, Mercedes and Volkswagen cars, reshape India’s auto market, and intensify competition for domestic manufacturers.
The article discusses India’s 2026-27 Union Budget, its emphasis on fiscal consolidation, capital expenditure, social infrastructure, and sector-specific measures, and Morgan Stanley’s outlook on debt, revenue generation, and growth. It highlights expected policy shifts across housing, banks, energy, and manufacturing to support long-term stability.
Union Labour Minister Mansukh Mandaviya met executives of quick-commerce platforms Blinkit, Zomato, Swiggy, and Zepto, urging them to prioritize delivery partner safety over aggressive timelines. The decision follows intense public criticism and gig worker protests on December 25 demanding better pay, social security, and removal of strict time targets, with a nationwide strike threatened on Decem
India’s Union Budget 2026-27 will be presented by Finance Minister Nirmala Sitharaman on February 1, 2026—a Sunday—for the first time in history, as approved by the Cabinet Committee on Parliamentary Affairs chaired by Rajnath Singh. This marks her ninth consecutive budget, the 80th since Independence. The session begins with the President’s address on January 28, followed by the Economic Survey o
India’s Union Budget 2026-27 is expected on Sunday, February 1, if conventions hold, as the date falls on weekend—continuing practice since 2017 for timely approval before April 1 fiscal start. Parliamentary Affairs Minister Kiren Rijiju confirmed no final decision yet, with Cabinet Committee to decide. Pre-2017 budgets were on last February working day with vote-on-account. Sunday sittings have h
