The Centre has earmarked significant funds for shipping and logistics in the Budget, with a major thrust on container manufacturing, ports, inland waterways and ship repair facilities.
The Indian fashion design industry had a market value of approximately ₹15.1 lakh crore in 2023 and is expected to reach around Rs 45.3 lakh crore by 2032.
Finance Minister Nirmala Sitharaman proposed AI integration in several sectors, from agriculture to the manufacture of assistive devices for Divyangjan or people with disabilities.
Reinforcing infrastructure as a growth pillar, Budget 2026-27 raised capital spending and announced new dedicated freight corridors, seven high speed rail corridors and 20 new national waterways.
As per a SEBI report, about 90% of F&O traders lose money because of market illiteracy. More than 75% of loss-makers kept trading even after losing money for two consecutive years.
'If the government had read the Economic Survey, it appears to have chosen to ignore it and fall back on its favourite pastime of throwing words, usually acronyms, at people,” Chidambaram said.
A sound tax system is one based on the ability to pay or economic surplus. But the STT taxes the circulation of capital and not its returns, making it deeply distortionary.
Exporters said the Budget’s proposals to increase duty-free import limits on processing, create 500 reservoirs and support fisheries startups will boost the marine industry.
With recruitments under Agnipath set to rise, the Union Budget has significantly increased spending, with the Army taking nearly 87% of the total outlay.
The key to fighting a war successfully, or even launching it, is a clear objective. That’s an entirely political call. It isn’t emotional or purely military.
COMMENTS