India

Union Budget 2026-27 Launches Divyang Kaushal and Divyang Sahara Schemes to Empower Persons with Disabilities

Union Budget 2026-27 Launches Divyang Kaushal and Divyang Sahara Schemes to Empower Persons with Disabilities

New Delhi (Rajeev Sharma): The Union Budget 2026-27 introduced new initiatives aimed at empowering Divyangjans, reaffirming the government’s commitment to the vision of “Sabka Sath, Sabka Vikas,” which seeks to provide every community, family, and sector with access to resources, opportunities, and meaningful participation. While presenting the Budget in Parliament, Union Finance Minister Nirmala Sitharaman highlighted measures designed to create dignified livelihood opportunities and improve accessibility for persons with disabilities. Under the Divyang Kaushal Yojana, customized training programs will be offered to Divyangjans in sectors such as information technology, animation, visual effects, gaming (AVGC), hospitality, and food and beverages. These…
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Union Budget 2026-27 Introduces Sports Goods Initiative and Khelo India Mission to Boost Manufacturing and Talent Development

Union Budget 2026-27 Introduces Sports Goods Initiative and Khelo India Mission to Boost Manufacturing and Talent Development

New Delhi (Rajeev Sharma): The Union Budget 2026-27 includes a dedicated initiative to strengthen India’s sports goods sector, aiming to establish the country as a global leader in high-quality and affordable sporting equipment. Union Finance Minister Nirmala Sitharaman, while presenting the Budget in Parliament, stated that the initiative will focus on promoting manufacturing, research, and innovation, covering both the design of equipment and advancements in material sciences. This move aligns with the Budget’s broader objective of accelerating economic growth, improving productivity, and enhancing India’s competitiveness while building resilience against global uncertainties. The sports goods initiative is expected to tap into…
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Union Budget 2026: India Semiconductor Mission 2.0 Launched with Rs 40,000 Crore Boost

Union Budget 2026: India Semiconductor Mission 2.0 Launched with Rs 40,000 Crore Boost

New Delhi, February 1, 2026: In a major step to strengthen India’s semiconductor sector, Union Finance Minister Nirmala Sitharaman on Sunday announced the launch of India Semiconductor Mission (ISM) 2.0 with an allocation of Rs 40,000 crore while presenting the Union Budget 2026 in Parliament. The second phase of the mission aims to expand capabilities across the semiconductor value chain, including manufacturing equipment and materials, developing homegrown intellectual property, and reinforcing domestic supply chains. Sitharaman said the initiative would also support industry-led research and training centres to develop advanced technology and prepare a skilled workforce. Highlighting the success of earlier…
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Budget 2026: Rs 10,000-Crore ‘Bio Pharma Shakti’ Scheme Announced to Boost Biopharma Industry

Budget 2026: Rs 10,000-Crore ‘Bio Pharma Shakti’ Scheme Announced to Boost Biopharma Industry

New Delhi: Union Finance Minister Nirmala Sitharaman on Sunday announced a major policy push for India’s biopharmaceutical sector, unveiling the ‘Bio Pharma Shakti’ programme with an outlay of Rs 10,000 crore for the next five years, while presenting the Union Budget in Parliament. The initiative is aimed at creating a robust ecosystem for biopharma products and biosimilars, strengthening domestic manufacturing, innovation, and global competitiveness. Sitharaman said the programme aligns with the government’s broader vision of building self-reliance in high-end healthcare and life sciences. In addition to the biopharma push, the Finance Minister proposed measures to expand manufacturing capacity in strategic…
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Watch Live! Union Budget Presented in Lok Sabha by Finance Minister Nirmala Sitharaman

Watch Live! Union Budget Presented in Lok Sabha by Finance Minister Nirmala Sitharaman

New Delhi: Union Finance Minister Nirmala Sitharaman is presenting the Union Budget in the Lok Sabha today, laying out the government’s roadmap for economic growth, fiscal management, and development priorities for the coming financial year. The budget addresses key areas including public welfare, infrastructure expansion, employment generation, and policy reforms. The annual budget presentation is a crucial parliamentary event, as it outlines proposed government expenditure, revenue measures, and strategic initiatives that shape the nation’s economic direction. Members of Parliament and stakeholders across sectors are keenly observing the proceedings for major announcements and policy signals. The budget presentation and related parliamentary…
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New Rules, New Rates: Key Financial and Regulatory Changes Take Effect Nationwide

New Rules, New Rates: Key Financial and Regulatory Changes Take Effect Nationwide

New Delhi (Rajeev Sharma): Several financial, regulatory and pricing revisions came into force across India on Sunday, bringing a combination of relief and added burden for consumers, businesses and commuters. While some measures are expected to ease costs for motorists and air travelers, others will tighten household and commercial budgets through higher taxes and price increases. One of the most noticeable changes is the steep rise in cigarette and tobacco prices. As per the revised tax framework notified earlier, products such as pan masala, gutkha and khaini are now taxed at a flat 40 per cent under the Goods and…
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Union Budget 2026 to Be Tabled Today as Government Eyes Growth and Fiscal Balance

Union Budget 2026 to Be Tabled Today as Government Eyes Growth and Fiscal Balance

New Delhi (Rajeev Sharma): Finance Minister Nirmala Sitharaman is scheduled to present the Union Budget 2026 in Parliament on Sunday, February 1, becoming only the second finance minister in India’s history to deliver the budget on a Sunday. The last such instance was in 1999, when Yashwant Sinha presented the budget under the Atal Bihari Vajpayee-led NDA government. The presentation also marks Sitharaman’s ninth consecutive budget under Prime Minister Narendra Modi. The budget is being unveiled amid a relatively strong economic outlook. The Economic Survey 2026, presented in Parliament on Thursday, has projected India’s economy to grow by 7.4 per…
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Gautam Adani, Nephew Agree to Accept SEC Legal Notice in US Civil Fraud Case

Gautam Adani, Nephew Agree to Accept SEC Legal Notice in US Civil Fraud Case

New Delhi/New York (Rajeev Sharma): Billionaire industrialist Gautam Adani and his nephew Sagar Adani have agreed to accept service of a legal notice issued by the US Securities and Exchange Commission (SEC) in a civil fraud lawsuit, according to a court filing in the United States. The move, described as procedural in nature, is subject to approval by the court. In a joint filing submitted to a federal court in Brooklyn, New York, the SEC and US-based lawyers representing the Adanis confirmed that the defendants’ counsel has agreed to receive the regulator’s legal papers. This agreement removes the need for…
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India Dismisses Reference to PM Modi in Jeffrey Epstein Files as Baseless

India Dismisses Reference to PM Modi in Jeffrey Epstein Files as Baseless

New Delhi (Rajeev Sharma): India on Saturday firmly rejected a reference to Prime Minister Narendra Modi contained in investigative documents linked to convicted sex offender Jeffrey Epstein, calling it unfounded and contemptible. Responding to reports about the mention, External Affairs Ministry spokesperson Randhir Jaiswal said the government had taken note of an email cited in the recently released “Epstein files,” which alluded to the Prime Minister’s visit to Israel. “We have seen reports of an email message from the so-called Epstein files that makes a reference to the Prime Minister and his visit to Israel,” Jaiswal said in an official…
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Sunetra Pawar Sworn In as Maharashtra’s First Woman Deputy Chief Minister

Sunetra Pawar Sworn In as Maharashtra’s First Woman Deputy Chief Minister

Mumbai (Rajeev Sharma): Rajya Sabha MP Sunetra Pawar was sworn in on Saturday as Maharashtra’s first woman Deputy Chief Minister, marking a landmark moment in the state’s political history. The oath-taking ceremony was held in Mumbai, just days after the tragic death of her husband, senior Nationalist Congress Party (NCP) leader Ajit Pawar, in a plane crash near Baramati. Following Ajit Pawar’s death on January 28, the NCP — a key ally in the BJP-led Mahayuti government — unanimously chose Sunetra Pawar to lead its legislature wing. The party’s decision was formally conveyed to Chief Minister Devendra Fadnavis, who forwarded…
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