Newspaper
Mint Kolkata
Push for seaplane manufacturing backed by viability gap funding
The government will push indigenous manufacturing of seaplanes as part of'a broader effort to boost tourism and strengthen regional air connectivity.
2 min |
February 02, 2026
Mint Kolkata
ROADS, RARE EARTH AND A PATH TO THE POLLS
Industrial clusters, sectoral corridors and city-focused growth models will benefit Tamil Nadu, Kerala and West Bengal
2 min |
February 02, 2026
Mint Kolkata
New weave for textiles: Focus on exports, machines and mega parks
The Union budget for FY27 placed the textile sector at the centre of its manufacturing strategy for labour-intensive sectors, unveiling an integrated programme to boost exports, modernize clusters and strengthen India's position in the global apparel and technical textile markets.
2 min |
February 02, 2026
Mint Kolkata
Another Nimhans in the works for mental health and wellness
The government has proposed to establish a second National Institute of Mental Health and Neuro Sciences (Nimhans) to help more people access therapists.
2 min |
February 02, 2026
Mint Kolkata
Sindoor effect: India’s capital outlay for defence jumps 18%
India has increased the capital outlay for defence by about 18% to nearly ₹2.2 trillion for the financial year starting 1 April (FY27), as the country looks to acquire sophisticated weapons and modernise its military assets amid rising security risks.
2 min |
February 02, 2026
Mint Kolkata
STILL BUILDING: CAPEX TAP KEEPS FLOWING
₹12.2 trillion allocated for infrastructure development in FY27, an increase of 8.83% from last year's ₹11.21 trillion
3 min |
February 02, 2026
Mint Kolkata
The budget's focus on capabilities reveals its long view
The macroeconomic numbers for India’s economy would be the envy of others.
3 min |
February 02, 2026
Mint Kolkata
NUTS AND BOLTS OF THE BUDGET
From the middle class to MSMEs, coconut growers to chip makers, finance minister Nirmala Sitharaman covered a lot of ground in her ninth consecutive Union budget on Sunday.
3 min |
February 02, 2026
Mint Kolkata
Good times ahead for hotel sector?
The Union budget 2026-27 put the spotlight on the tourism and hospitality sector.
2 min |
February 02, 2026
Mint Kolkata
Developed nation goal on track: FM
Finance minister Nirmala Sitharaman said in her Union budget speech on Sunday that the government would maintain its reform momentum to support India's economic ascent to a developed nation.
2 min |
February 02, 2026
Mint Kolkata
LESS FOR RESEARCH, MORE FOR CASH CROPS
Agriculture research funds cut for FY27 even as the country faces growing climate risks and a productivity crisis
3 min |
February 02, 2026
Mint Kolkata
The budget adheres to a tried and tested formula
India's 2026-27 budget may broadly be apt for now. But as fiscal policy adopts a distant debt target, the Centre must remain adaptive—and ready to contain any big-spender instincts
2 min |
February 02, 2026
Mint Kolkata
SOLID STATE DRIVE
No big bang measures, but the government doubles down on capex and still has a credible shot at balancing the fisc
3 min |
February 02, 2026
Mint Kolkata
Earn amnesty by disclosing assets abroad
In a major relief to taxpayers holding foreign assets, Budget 2026 has proposed a onetime six-month window for taxpayers to voluntarily declare any undisclosed foreign assets or foreign-sourced income and obtain amnesty from prosecution under the Black Money Act (BMA).
1 min |
February 02, 2026
Mint Kolkata
SMALL-TOWN HERO: JOBS FOR BHARAT
Al-led skilling reforms, textile-sector support and cloud tax incentives form the core of an employment push
3 min |
February 02, 2026
Mint Kolkata
Profitability peaks, now banking sector faces its next test
High-level panel set to review banking reforms.
1 min |
February 02, 2026
Mint Kolkata
Shock to the system: Power sector funders to get a rejig
Finance minister Nirmala Sitharaman on Sunday announced the restructuring of state-owned Power Finance Corp. (PFC) and its arm REC Ltd (formerly Rural Electrification Corp.), as part of the government's broader vision for non-banking financial companies (NBFCs).
2 min |
February 02, 2026
Mint Kolkata
BUYBACKS: DIVIDENDS OUT, CAPITAL GAINS IN
Minority shareholders will pay 12.5% tax on long-term gains, ending the dividend-tax anomaly on buybacks
2 min |
February 02, 2026
Mint Kolkata
This budget should have tried to lift flagging Indian savings
The exercise has missed an opportunity to fix this structural issue
4 min |
February 02, 2026
Mint Kolkata
East-West rail freight on fast track
A new dedicated freight corridor (DFC) will be established by the Indian Railways that would connect Dankuni, West Bengal in the East to Surat, Gujarat in the West to promote environmentally sustainable movement of cargo, finance minister Nirmala Sitharaman announced in her budget speech on Sunday.
2 min |
February 02, 2026
Mint Kolkata
MORE TIME, SIMPLER FORMS FOR TAX PAYERS
Tax rates unchanged but compliance eased with simpler filing, longer deadlines and lighter penalties
3 min |
February 02, 2026
Mint Kolkata
Cost of care: ₹1.06 trillion for health
India’s Union budget for FY27 has brought in a series of additions and changes to the country’s pharmaceutical and healthcare framework—from a new push for domestic biopharma manufacturing to sharp customs duty cuts on several lifesaving medicines.
2 min |
February 02, 2026
Mint Kolkata
TCS blow softened for tour groups, foreign-bound students
In a move expected to ease the tax burden on foreign tour packages, Budget 2026 has proposed a uniform 2% Tax Collected at Source (TCS) on overseas tour packages, replacing the current 5% rate for up to ₹ 10 lakh, and 20% on higher amounts.
2 min |
February 02, 2026
Mint Kolkata
Turning rent into an asset: When is the right time to buy?
In 2025, the rent-versus-buy debate is tilting decisively toward homeownership.
1 min |
February 02, 2026
Mint Kolkata
Four new corridors to unlock value in monazite deposits
Building on an incentive package for manufacturing rare-earth magnets in India unveiled last year, the budget announced that the Centre will create four rare-earth mineral corridors in Odisha, Kerala, Andhra Pradesh, and Tamil Nadu.
1 min |
February 02, 2026
Mint Kolkata
Power surge for beleaguered discoms: ₹18,000 crore for reforms
The government has allocated ₹18,000 crore in the budget for FY27 for the revamped distribution sector scheme (RDSS) amid a renewed push to reform power distribution.
3 min |
February 02, 2026
Mint Kolkata
SPARKS OF HOPE FOR ELECTRONICS MAKERS
The electronics component manufacturing scheme expanded to ₹40,000 crore to promote domestic chip making
3 min |
February 02, 2026
Mint Kolkata
Tax bounty for Gift IFSC firms
The Union budget has doubled the tax holiday period for companies operating from the International Financial Services Centre (IFSC) in Gujarat and reduced their payable tax rate after the break, bringing relief and certainty to entities in the global financial hub.
1 min |
February 02, 2026
Mint Kolkata
BORROWING BLUES FOR BOND MARKET
Higher than expected gross borrowings, heavy state issuances could hit liquidity and drive up benchmark yields
3 min |
February 02, 2026
Mint Kolkata
Funds for two job schemes
The Union budget for FY27 has allocated a total of ₹1.26 trillion for the new and existing rural jobs guarantee schemes.
2 min |