India’s current account surplus moderated to $7.1 billion, or 0.7 per cent of GDP, in the fourth quarter (January-March) of financial year 2025-26, compared with $13.7 billion in the same period a year ago, according to the Reserve Bank of India’s latest Balance of Payments data.
According to data released by FADA, passenger vehicle (PV) retail sales touched a record 4,02,591 units last month, up from 3,26,656 units in May 2025, marking a growth of 23.25 per cent.
Over 58 crore Jan Dhan accounts have brought millions of Indians into the formal banking system, ensuring that benefits under welfare schemes, low-cost insurance, and pensions reach beneficiaries without leakages, Union Finance Minister Nirmala Sitharaman said.
India currently accounts for only about 5-6 per cent of global EMS manufacturing, indicating significant headroom for expansion.
Adani's net worth saw a massive rise to USD 89.2 billion, which is more than Ambani's USD 88 billion and Masayoshi Son's USD 87 billion.
Budget 2026-27 makes no sweeping giveaways, but several decisions quietly affect how households handle taxes, healthcare costs, overseas spending and long-term compliance with government systems.
Finance Minister Nirmala Sitharaman on Sunday unveiled one of the most far-reaching tax reform packages in recent years, signalling a decisive shift towards simplified laws, lower litigation, easier compliance and a stronger alignment of India's tax system with growth and global competitiveness.
Budget 2026 highlights include income tax changes, higher infrastructure spending, manufacturing incentives and people-focused schemes, offering a clear snapshot of the government’s priorities for the year ahead.
In a landmark policy shift announced during the union Budget 2026 presentation, Finance Minister Nirmala Sitharaman on Sunday said that individual persons residing outside India will be permitted to invest directly in Indian equities through the Portfolio Investment Scheme.
Finance Minister Nirmala Sitharaman, in her ninth Budget speech, announced a sharp increase in capital expenditure for the Financial Year 2027, raising it to Rs 12.2 lakh crore, a figure that would have seemed aspirational a decade ago, when public capital expenditure barely crossed Rs 2 lakh crore.
