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India's Finance Minister Nirmala Sitharaman announced significant investments in the semiconductor and IT sectors in the 2026-27 Budget. The budget includes an expansion of the India Semiconductor Mission (ISM) 2.0 and significant funding for the Electronics Components Manufacturing Scheme (ECMS). Additionally, new tax provisions aim to boost
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Air Marshal Inderpal Singh Walia has taken over as the Air Officer Commanding-in-Chief of the Eastern Air Command. With extensive experience in various aircraft and numerous important roles, Walia succeeds Air Marshal Surat Singh, who retires after 39 years of service. Source: Original Link
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The Union Budget 2026–27 prioritizes the textile sector, a major employment driver, with a detailed policy framework to bolster the industry from grassroots to global markets. Initiatives include the National Fibre Scheme, modernisation of textile clusters, Mega Textile Parks, and liquidity support for MSMEs. The emphasis is on sustainable
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The Indian government, in its recent Union Budget announcement, unveiled plans to enhance its Medical Value Tourism by establishing Regional Medical Hubs and strengthening the AYUSH sector through infrastructure investments and global outreach initiatives. These measures include setting up new Institutes of Ayurveda and upgrading existing AYUSH facilities. Source: Original
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The Union Budget 2026-27, presented by Finance Minister Nirmala Sitharaman, focuses on economic growth, capacity building, and inclusive development. Key reforms include the new Income Tax Act, 2025, tax incentives for IT and foreign cloud service providers, and substantial public investment in infrastructure and social programs. Source: Original Link
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The Union Budget 2026-27, presented by Union Minister Nirmala Sitharaman, outlines strategic initiatives focusing on economic growth, fulfilling citizen aspirations, and inclusive development under the themes of "kartavyas." It proposes increased capital investment, support for the IT sector, and measures to rejuvenate industrial sectors. It also plans tax
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Union Minister of Finance & Corporate Affairs, Smt. Nirmala Sitharaman, presented the Union Budget 2026-2027, which focuses on three primary Kartavyas: sustainable economic growth, capacity building, and inclusive development under the motto 'Sabka Sath, Sabka Vikas'. The budget emphasizes enhancing productivity, strengthening the financial sector, and leveraging cutting-edge
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The Union Budget 2026-27, presented by Finance Minister Smt. Nirmala Sitharaman, emphasizes enhancing India's manufacturing capabilities in seven strategic sectors. Notable initiatives include the Biopharma SHAKTI scheme to position India as a Biopharma hub, the launch of India Semiconductor Mission 2.0, and significant investment in electronics and
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The Union Budget 2026-27, presented by Finance Minister Nirmala Sitharaman, includes initiatives aimed at simplifying the tariff structure, supporting domestic manufacturing, and encouraging export competitiveness. The proposed budget removes certain customs duty exemptions for items manufactured in India, introduces measures for energy transition, and facilitates sales between Special Economic Zones
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The Union Budget 2026-27, presented by Finance Minister Smt. Nirmala Sitharaman, highlights significant investments in healthcare, aiming to make India a global Biopharma hub. Key initiatives include the Biopharma SHAKTI program with a ₹10,000 crore outlay for biopharmaceuticals, the enhancement of Allied Health Professional institutions, the development of Regional
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In the Union Budget 2026-27, Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman, announced key changes aimed at simplifying customs and excise duties. These include reducing the tariff rate on dutiable goods imported for personal use from 20% to 10%, exempting basic customs duty on 17 drugs for
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Finance Minister Nirmala Sitharaman announced the introduction of a dedicated ₹10,000 crore SME Growth Fund during the Union Budget 2026-27, aimed at creating future champions among small and medium enterprises (SMEs). The initiative is part of a broader effort to support MSMEs through equity, liquidity, and professional assistance. Additionally,