Individual persons resident outside India will be permitted to invest in Indian equities through the Portfolio Investment Scheme with higher limits. The individual investment cap is being raised from 5% to 10%, while the aggregate limit for all such investors will increase from 10% to 24%. These increases enable foreign investors to build more substantial…
New Delhi, Feb 1 (UNI) In her ninth consecutive Budget speech, union Finance Minister Nirmala Sitharaman outlined a sweeping vision to propel India’s infrastructure, industry, and sustainability ambitions. Highlighting the development of seven high-speed rail corridors as growth connectors, Sitharaman said, “In order to promote environmentally sustainable passenger systems, we will develop seven high-speed rail…
New Delhi, Feb 1 (UNI) The union Finance Minister on Sunday announced a series of initiatives aimed at strengthening India’s higher education ecosystem and aligning skill development with employment opportunities. Presenting the Budget proposals, the Finance Minister said the government will invest in setting up new institutes, university townships, girls’ hostels and telescope infrastructure facilities…
New Delhi, Feb 1 (UNI) In a bid to deepen India’s manufacturing base in strategic and frontier sectors, union Finance Minister Nirmala Sitharaman on Sunday announced a clutch of initiatives, to strengthen domestic capabilities across pharmaceuticals, semiconductors, electronics, critical minerals and chemicals, as part of what she called her government’s ‘Reforms Express.’ Presenting the union…
New Delhi, Feb 1 (UNI) Finance Minister Nirmala Sitharaman on Sunday announced the creation of a rare earth minerals corridor covering Tamil Nadu, Odisha, Andhra Pradesh and Kerala, underscoring the strategic importance of strengthening India’s critical minerals supply chain and building domestic capabilities in high-technology sectors. Presenting the proposal during her ninth consecutive Budget speech…
New Delhi, Feb 1 (UNI) union Finance Minister Nirmala Sitharaman on Sunday unveiled an ambitious, manufacturing-led growth roadmap in the union Budget 2026–27, announcing the development of seven high-speed corridors, a renewed focus on economic cities, and a series of measures aimed at boosting self-reliance, jobs and technology leadership. Presenting the Budget in Lok Sabha,…
New Delhi, Feb 1, (UNI) Presenting the union Budget 2026-27, union Finance Minister Nirmala Sitharaman said that keeping “Aatmanirbharta” as a “lodestar”, India has built “domestic manufacturing capacity”, strengthened “energy security”, and reduced “critical import dependencies”. Acknowledging that the country faces an external environment where “trade” and “multilateralism” are under pressure, and access to resources…
