India & World

India's Finance Minister announced a ₹40,000 crore boost for the Electronics Component Manufacturing Scheme and launched ISM 2.0 to enhance domestic semiconductor production.

MK Stalin condemned cuts to education funding and questioned the Centre's commitment to the Jal Jeevan Mission, while opposing AIADMK's positive stance.

Karnataka criticizes the 2026-27 Union budget as unfocused, offering little support for the state and southern India, claiming it leaves them empty-handed.

PM Modi said the budget is the foundation for India’s journey towards a Viksit Bharat by 2047, and will give India’s reform express new energy and new momentum

The Indian Air Force evacuated an 85-year-old paralyzed woman from Dhanderwari, Himachal Pradesh, in a Cheetah helicopter and ensured timely medical assistance.

Nirmala Sitharaman announced duty concessions to help India develop global manufacturing prowess by establishing economical and reliable supply chains

The funds have been divided into four categories — basic, performance, special infrastructure and urbanisation premium

India proposes tax holidays for global cloud providers using local data centres, aiming to boost investment and infrastructure in the tech sector.

Sitharaman also proposed a new dedicated freight corridor between Bengal’s Dankuni and Gujarat’s Surat to promote environmentally sustainable cargo movement

This first-of-its-kind initiative aims to establish 6,000 metric tonnes per annum of integrated rare earth permanent magnet manufacturing.