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Nirmala Sitharaman

Sitharaman sets FY27 Capex at Rs 12.2 lakh crore, boosts infra drive

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.

Sitharaman announces rare earth minerals corridor for four states

Finance Minister Nirmala Sitharaman on Sunday announced the creation of a rare earth minerals corridor covering Tamil Nadu, Odisha, Andhra Pradesh and Kerala, underscoring the strategic importance of strengthening India’s critical minerals supply chain and building domestic capabilities in high-technology sectors.

Sitharaman rolls out ‘Reforms Express’

Presenting the union Budget 2026-27, the Finance Minister said the government will launch Biopharma Shakti, a new programme designed to bolster India's position in advanced biopharmaceutical manufacturing and innovation.