Business

The Union Budget 2026-27 has announced a series of measures aimed at strengthening India’s export ecosystem by focusing on manufacturing expansion and trade facilitation, commerce secretary Rajesh Agrawal said on Sunday, PTI reported.He said the Budget includes targeted support for both labour-intensive industries and high-technology sectors, while policy steps on logistics and trade facilitation are…

Why the Weak Rupee and Peso Are Turning Into a Remittance Windfall for UAE Expats and Should You Send Money Now? A softening Indian rupee, Pakistani rupee and Philippine peso, trading near multi-year lows against the UAE dirham, is emerging as a remittance opportunity for expatriates in the UAE, prompting many workers to rethink when…

UAE E-Invoicing Revolution: How the Looming Digital System Will Transform Business Operations The United Arab Emirates is gearing up for a major tax and digital transformation in 2026–2027 with the rollout of a national electronic invoicing (e-invoicing) system that will fundamentally change how companies issue, process and report invoices. With pilot testing set to begin…

The Union Budget 2026-27 proposed a series of measures impacting Non-Resident Indians (NRIs) and other overseas individuals, easing compliance in property transactions and widening access to Indian equity markets.Finance minister Nirmala Sitharaman presented her ninth consecutive Union Budget on Sunday, becoming the first finance minister in India to achieve this milestone, and also the first…

As the Centre prepares to roll out the Viksit Bharat–Guarantee for Rozgar Aajeevika Mission (Grameen) (VB-G RAM G), it has allocated Rs 95,692.31 crore for the new scheme, while earmarking Rs 30,000 crore for the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGA).Allocation for MGNREGA is shown at Rs 30,000 crore for 2026-27, lower than…

File photo: Union finance minister Nirmala Sitharaman Union finance minister Nirmala Sitharaman on Sunday presented her ninth consecutive Union Budget speech in the Lok Sabha, clocking a duration of 1 hour and 25 minutes. The speech laid out the government’s fiscal roadmap for 2026‑27, covering spending plans, tax proposals, and policy priorities, marking one of…

NEW DELHI: Union finance minister Nirmala Sitharaman presented the Union Budget 2026-27 on Sunday amid rising global uncertainty regarding tariffs from the United States.The Budget proposals draw a clear line between items that may turn cheaper for consumers and sectors that could feel the pinch. On the relief side, the government has moved to lower…

Union finance minister Nirmala Sitharaman on Sunday proposed the establishment of dedicated rare earth corridors in Odisha, Andhra Pradesh, Tamil Nadu and Kerala as part of the Union Budget for 2026–27, aiming to reduce India’s dependence on imports and strengthen domestic capabilities in critical minerals.Presenting the Budget in Parliament, Sitharaman said the Centre would “support…