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RBI OKs SBI MF's acquisition of up to 9.99% stake in Federal Bank

Mumbai, Feb. 1 -- Federal Bank has received an intimation from the RBI on 30 January 2026, that it has accorded its approval to SBI Mutual Fund for acquiring "aggregate holding" of up to 9.99% of the ... Read More


"Interests of Tamil Nadu completely ignored": CM Stalin on Union Budget

Chennai, Feb. 1 -- Tamil Nadu Chief Minister MK Stalin on Sunday strongly criticised the Union Budget 2026-27, stating that it has once again ignored the interests of Tamil Nadu and failed to address ... Read More


Budget 2026: Govt's big tourism push includes world-class trekking experiences, 7 high-speed rail corridors, and more

New Delhi, Feb. 1 -- The government has announced plans to develop 'ecologically sustainable trails' in hilly areas such as Himachal Pradesh, Uttarakhand, Jammu & Kashmir, Araku Valley in the Eastern ... Read More


FM Sitharaman Meets President Ahead of Record Ninth Budget Presentation

India, Feb. 1 -- Finance Minister Nirmala Sitharaman met President Droupadi Murmu on Sunday for the customary pre-Budget meeting ahead of presenting her record ninth Union Budget in the Lok Sabha. Fo... Read More


Budget 2026: FM announces Rs 100 cr Incentives for Municipal Bond Issuance; REC & PFC Restructuring Planned

India, Feb. 1 -- Finance Minister Nirmala Sitharaman on Sunday proposed incentives of Rs 100 crore for municipal corporations undertaking a single bond issuance exceeding Rs 1,000 crore, aimed at enco... Read More


Budget 2026: FM proposes Rs 4,000 Cr Top-Up to Self-Reliant India Fund for MSMEs

India, Feb. 1 -- Finance Minister Nirmala Sitharaman on Sunday announced a Rs 4,000 crore top-up to the Self-Reliant India Fund for FY27 to further strengthen support for micro, small and medium enter... Read More


Budget 2026: FM proposes Rs 10,000 Cr SME Fund, Boost for Manufacturing & Textiles

India, Feb. 1 -- Finance Minister Nirmala Sitharaman on Sunday proposed setting up a Rs 10,000 crore fund aimed at creating champion small and medium enterprises (SMEs) to strengthen the country's man... Read More


Budget 2026: Nirmala Sitharaman Raises Capex Target to Rs 12.2 Lakh Crore

India, Feb. 1 -- Finance Minister Nirmala Sitharaman on Sunday announced an increase in the capital expenditure (capex) target to Rs 12.2 lakh crore for FY27, up from Rs 11.2 lakh crore allocated for ... Read More


Budget 2026: FM proposes Girls' Hostel in Every District

India, Feb. 1 -- Finance Minister Nirmala Sitharaman on Sunday announced that the government will set up one girls' hostel in every district across the country, aiming to improve access to education, ... Read More


Budget 2026: Nirmala Sitharaman announces 'Corporate Mitras' Cadre to Support MSMEs

India, Feb. 1 -- In a bid to strengthen micro, small and medium enterprises (MSMEs), Finance Minister Nirmala Sitharaman on Sunday announced the creation of a dedicated cadre of 'corporate mitras' to ... Read More