Union Budget 2026: Income Tax Expectations & Middle-Class Relief India’s Finance Minister Nirmala Sitharaman is set to present the Union Budget 2026–27 on 1 Feb 2026, and taxpayers are keenly watching for income tax changes that could ease financial burden. Middle-income earners hope for higher standard deduction and…
On 29 January 2026, the Government of India presented the Economic Survey 2025–26, a detailed review of the nation’s economic performance and a guiding document ahead of the Union Budget 2026. Prepared by Chief Economic Adviser V. Anantha Nageswaran, the Survey outlines India’s robust growth path, rising investment…
Bharat Forge: Secured a ₹1,662 crore defence contract from the Ministry of Defence to supply 2.6 lakh indigenously developed CQB carbines to the Indian Army. Dynacons Systems & Solutions: Bagged orders worth ₹249 crore from the RBI for implementation and maintenance of enterprise application platform software. Power Grid…
Bharat Electronics: Secured additional orders worth ₹569 crore, including radars, communication equipment, tank overhaul systems, simulators, security software, upgrades, spares, and services. RVNL: Emerged as the lowest bidder for a ₹201 crore project awarded by East Coast Railway. Timex Group: Promoter to exercise oversubscription option of up…
Coforge: Signed a definitive agreement to acquire Encora US Holdco and Encora Holdings via a share-swap deal with no cash outflow. The acquisition, valued at ₹17,032 crore, will be funded through the issuance of ~9.38 crore equity shares at ₹1,815.91 per share (8% premium to last close). NACL…
Indian Railways is set to achieve a key milestone in its rail modernisation programme with the development of its first dedicated high-speed test track, scheduled for completion by March 2026. The project is being executed by the Research, Designs and Standards Organisation (RDSO) under the North Western Railway…
The Government of India has intensified efforts to strengthen the country’s industrial ecosystem by expanding and upgrading industrial parks to improve scale, competitiveness and infrastructure quality. These initiatives are aimed at supporting manufacturing growth, attracting investment and boosting employment across regions. Expanding Industrial Land Bank According to the…
Rajasthan-based real estate and infrastructure company Manglam Group has announced plans to invest ₹1,000 crore (approximately US$120 million) to expand its presence in the hospitality sector, marking a strategic diversification into new business verticals. The proposed investment will be directed towards developing new hotel projects and enhancing service…
The strategic importance of critical minerals in strengthening India’s defence preparedness and long-term economic vision was underscored during a recent high-level roundtable held in New Delhi. The event, titled “Minerals That Matter: Geopolitics, Sovereignty & Value Chains,” was jointly organised by the Centre for Joint Warfare Studies (CENJOWS)…
Larsen & Toubro’s Hydrocarbon Onshore business has secured a ‘major’ Engineering, Procurement, Construction and Commissioning (EPCC) order from Bharat Petroleum Corporation Limited (BPCL) for building India’s largest flexible petrochemical facility. As per L&T’s project classification, the order falls under the major projects category, typically valued between ₹5,000 crore…