India slashes Bangladesh aid by 50%, Chabahar port funding halted in Union Budget 2026, here’s all you need to know

India has not allocated any funds for the Chabahar port project in its Union Budget, a move that appears to be a strategic response to fresh economic sanctions imposed on Iran by Washington.
Union Budget 2026: FM Nirmala Sitharaman launches Semiconductor Mission 2.0, announced Rs 40000 crore for outlay

FM Nirmala Sitharaman is presenting her ninth Budget in the Lok Sabha. While presenting, FM emphasized on India push to build a domestic semiconductor industry. On February 1, she announced the launch of India Semiconductor Mission 2.0.
Union Budget 2026: FM Nirmala Sitharaman proposes setting up of Content Creator Labs in 15000 schools, 500 colleges; what is it?

Finance Minister Nirmala Sitharaman while presenting Union Budget 2026-27 in Parliament emphasised on setting up a Content Creator Labs in 15000 schools and 500 colleges across India with the support of Indian Institute of Creative Technologies, Mumbai.
Union Budget 2026: Big boost to data sector, FM Nirmala Sitharaman announces ‘Tax Holiday’ till 2047 for cloud companies

FM Sitharaman announced tax exemption till 2047 for cloud companies setting up and operating data centres in India, provided their services are offered to Indian businesses through Indian resellers.
Union Budget 2026: FM Nirmala Sitharaman announces no change in income tax slabs for FY 26-27

Finance Minister Nirmala Sitharaman on Sunday kept income tax rates and slabs unchanged following last year’s major tax reforms. While the basic tax structure remains the same, the Finance Minister announced while presenting the Budget 2026-27.
PM Modi’s first reaction on FM Nirmala Sitharaman’s Union Budget 2026: ‘Roadmap for Viksit Bharat’, watch

PM Modi has given his first reaction to Union Budget 2026. On his X, he wrote, ‘The Union Budget reflects the aspirations of 140 crore Indians. It strengthens the reform journey and charts a clear roadmap for Viksit Bharat.’
Union Budget 2026: From coffee to leather goods, what gets costlier and what cheaper?

In the latest central budget, the government has cut down tariffs and customs duty on a number of items such as essential drugs. On the other hand, luxury goods, including watches and alcoholic beverages, are set to attract a higher rate of tax, making them more expensive.
Congress MP Shashi Tharoor slams Union Budget 2026: ‘Glaring exclusion of Kerala is…’

Tharoor said that while the central government ignores Kerala, the state government continues proposing projects it cannot afford. “The Centre ignores us, and the State proposes paper projects it cannot afford. Our commuters are left with nothing,” he wrote.
‘Internal failings’: India rejects Pakistan’s allegations over deadly attacks in Balochistan

The ministry added that Islamabad should instead focus on addressing the long-standing demands of the people in Balochistan. The response comes after a Pakistani minister alleged India’s role in the attacks, which led to the death of over 100 people, including more than a dozen security personnel.
Union Budget 2026: No change in Delhi’s budget allocation, CM Rekha Gupta sees ‘Viksit Bharat’ alignment

Delhi CM Rekha Gupta hailed the budget, suggesting that it covers every segment, “especially employment generation for youth, cultural heritage conservation and development, sports, rebates for availing education and health services in foreign countries.”