After years of rapid expansion, the Centre’s capital spending growth eases as private investment shows early signs of revival, points out A K Bhattacharya. Illustration: Dominic Xavier/Rediff Key Points Union government capital expenditure growth slows sharply to 4.2% in 2025-2026.
Ahead of the Budget session, Prime Minister Narendra Modi had said that Sitharaman presenting the Union Budget for the ninth consecutive time “will be recorded as a matter of pride in India’s parliamentary history”. Photograph: ANI Photo Key Points The
The ‘Halwa ceremony’ precedes the ‘lock-in’ of the officials involved in preparation of the Union Budget, an official statement said. Finance Minister Nirmala Sitharaman on Tuesday participated in a traditional ‘halwa’ ceremony, marking the final stage for the preparation of
In such pacts, two sides reduce or eliminate import duties on over 90 per cent of goods traded between them. IMAGE: External Affairs Minister S Jaishankar meets European Commissioner for Trade and Economic Security Maroš Šefčovič in Brussels, June 11,
Benchmark indices Sensex and Nifty ended lower for the second day in a row on Tuesday, dragged by heavy selling in blue-chips Reliance Industries, HDFC Bank, and worries over fresh warning from the US to further raise tariffs against India.
