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Budget News

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(01 Feb 2026, 13:10)

Union Budget 2026-27 : Highlights


12:23 - Seaplane VGF Scheme to be introduced to provide support for operations

12:23 - New Dedicated Freight Corridors connecting Dankuni in East, to Surat in West

12:23 - 20 new National Waterways (NW) over next 5 years

12:23 - 7 High-Speed Rail corridors between cities as 'growth connectors' to promote environmentally sustainable passenger systems

12:23 - Training Institutes will be set up as Regional Centres of Excellence for development of required manpower

12:20 - An incentive of Rs 100 crore for a single bond issuance of more than 1000 crore to encourage the issuance of municipal bonds of higher value by large cities

12:20 - Investment limit for an individual PROI under Portfolio Investment Scheme to increase From 5% to 10%, with an overall investment limit for all individual PROIs to 24%, from the current 10%

12:19 - High Level Committee on Banking for Viksit Bharat' to be set up for a comprehensive review of the banking sector

12:19 - Restructuring of Power Finance Corporation and Rural Electrification Corporation to achieve scale and improve efficiency in the Public Sector NBFCs

12:18 - Scheme for the enhancement of construction and infrastructure equipment will be introduced to strengthen domestic manufacturing of high-value and technologically advanced CIE. This can range from lifts in a multi-storied apartment or fire-fighting equipment in multiplexes, large or small, and to tunnel boring equipment for building metros and high-altitude roads.

12:18 - Scheme for container manufacturing to create a globally competitive container manufacturing ecosystem with a budgetary allocation of 10,000 crores over five-years

12:17 - Strong capital goods capability is a determinant of productivity and quality across different sectors

12:17 - Towards building capital goods capacity, FM proposed high-tech tool rooms will be established by central public sector enterprises at two locations as digitally enabled automated service bureaus that locally design, test, and manufacture high-precision components at scale and at lower cost.

12:14 - Public capital expenditure has increased manifold from Rs 2 lakh crore in 2014–15 to an allocation of Rs 11.2 lakh crore in 2025–26. In Financial Year 2026–27, FM propose to increase it to Rs 12.2 lakh crore to continue the momentum.

12:14 - To strengthen the confidence of private developers regarding risks during the infrastructure development & construction phase, FM proposed to set up an Infrastructure Risk Guarantee Fund to provide partial credit guarantees to lenders

12:10 - Centers net tax receipts estimated at Rs 28.7 lakh crore in Be 2026-27

12:09 - Fiscal deficit in BE 2026-27 is estimated to be 4.3% of GDP as compared to estimate of 4.4% of GDP in BE 2025-26

12:09 - Non-debt receipts estimated at Rs 36.5 lakh crore in BE 2026-27

12:09 - Total expenditure estimated at Rs 53.5 lakh crore in BE 2026-27

12:07 - Debt to GDP ratio estimated to be 55.6% of GDP by FY2027 from 56.1% of GDP in FY2026

12:06 - FM reiterated Government’s consistent delivery on fiscal commitments without compromising on social needs

12:04 - FM Proposed to expand economy through strengthening medical, heritage and cultural tourism

12:03 - FM proposed measures specifically to cater to the needs of divyangjan to ensure dignified livelihood opportunities for them

11:59 - For the labor intensive textile sector, FM proposes an integrated program with five sub parts, 1. National Fibre Scheme, 2.Textile Expansion and Employment Scheme, 3. National Handloom and Handicraft Programme, 4. Text-ECON Initiative, 5. SAMARTH 2.0

11:56 - To create a new range of skilled career pathways for youth, FM proposed interventions in the sectors 1. Allied Health Professionals (AHPs), 1. Care Ecosystem, 2. Hubs for Medical Value Tourism, 3. Set up a NIMHANS-2, 4. Strengthen and increase capacities by 50% in District Hospitals by establishing Emergency and Trauma Care Centres

11:55 - FM proposed multiples proposals for farmers, animal husbandry, veterinary professionals, especially for women-led rural enterprises

11:53 - The Sports Sector provides multiple means of employment, skilling and job opportunities. Taking forward the systematic nurturing of sports talent which is set in motion through the Khelo India programme, it is proposed to launch a Khelo India Mission to transform the Sports sector over the next decade

11:52 - FM proposed multiple steps towards setting up new institutes, University townships, girls hostel and telescope infrastructure facilities in investment in higher education sector

11:47 - India’s Animation, Visual Effects, Gaming and Comics AVGC sector is a growing industry, projected to require 2 million professionals by 2030. FM proposes to support the Indian Institute of Creative Technologies, Mumbai in setting up AVGC Content Creator Labs in 15,000 secondary schools and 500 colleges

11:44 - Propose to set up a High-Powered ‘Education to Employment and Enterprise’ Standing Committee to recommend measures that focus on the Services Sector as a core driver of Viksit Bharat. This will make us a global leader in services, with a 10% global share by 2047. The Committee will prioritise areas to optimise the potential for growth, employment and exports. They will also assess the impact of emerging technologies, including AI, on jobs and skill requirements and propose measures thereof

11:42 - Recognising MSMEs as a vital engine of growth, FM proposed a three pronged approach to help them grow as ‘Champions’: 1. Equity support, 2. Liquidity support and 3. Professional support

11:40 - The government has undertaken comprehensive reforms towards creating employment, boosting productivity & accelerating growth. Over 350 reforms have been rolled out since Independence Day 2025

11:40 - FM propose interventions in six areas: 1. Scaling up manufacturing in seven strategic and frontier sectors, 2. Rejuvenating legacy industrial sectors, 3. Creating Champion MSMEs, 4. Developing a powerful push for infrastructure, 5. Ensuring long-term security and stability, 6. Developing City economic regions

11:36 - Proposes an outlay of Rs 20,000 crore over the next 5 years in Carbon Capture Utilization and Storage (CCUS) technologies to scale up and achieve higher readiness levels in end-use applications across

11:35 - Several initiatives by the Government for large-scale enhancement of public infrastructure, the Government will continue to focus on developing infrastructure in cities with over 5 lakh population (Tier II and Tier III), which have expanded to become growth centres

11:34 - To scale up manufacturing in strategic and frontier sectors, the Union Finance Minister proposed to launch - Biopharma SHAKTI, India Semiconductor Mission (ISM) 2.0, Electronics Components Manufacturing Scheme, Dedicated Rare Earth Corridors in Odisha, Kerala, Andhra Pradesh and Tamil Nadu, 3 dedicated Chemical Parks, scheme to revive 200 legacy industrial clusters

11:30 - India must become deeply integrated with global markets, exporting more and attracting stable, long-term investment

11:30 - India will continue to take steps towards ViksitBharat, balancing ambition with inclusion as a growing economy with expanding trade and capital needs

11:26 - Aim is to transform aspiration into achievement and potential into performance, to ensure dividends of growth reach every farmer, the scheduled caste, the scheduled tribes, the nomads, the youth, the poor and the women

11:14 - To develop India as a global Bio Pharma Manufacturing Hub proposed outlay of 10,000 crore over next 5 years

11:05 - Union Budget 2026-27 inspired by 3 kartavya

11:05 - Kartavya 1: Faster, resilient economic growth

11:05 - Kartavya 2: Empower people, fulfill aspirations

11:05 - Kartavya 3: Inclusive growth for all - Sabka Saath, Sabka Vikas

10:50 - FM begins Union Budget 2026-27 speech

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