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Economic Reforms News - Latest Updates & Headlines

Budget boosts consumption, fiscal prudence, Capex: Report

New Delhi, Feb 3: The Union Budget 2025–26 is crafted as a bold statement of fiscal consolidation and long‐term structural reforms, with the government maintaining the fiscal deficit at 4.4 per cent for FY26 while maintaining investment momentum with capital spending rising by 10 per cent to ₹11.2 lakh crore.

Balanced, transparent trade environment vital to deepening US-India economic ties: USIBC

New Delhi/Washington, Feb 1: A balanced and transparent trade environment is vital to deepening US-India economic ties and in line with President Donald Trump's emphasis on fair and reciprocal trade, India can consider bolder steps to address structural bottlenecks and foster a more predictable policy environment that instills investor confidence and promotes long-term strategic partnerships, the US-India Business Council (USIBC) said on Saturday.

'Reform, perform, Transform': K'taka BJP on Union Budget (Ld)

Bengaluru, Feb 1: Karnataka BJP President B.Y. Vijayendra on Saturday termed the Union Budget as "reform, perform, transform! A budget for Viksit Bharat", adding that this Budget sets the foundation for a "future-ready Bharat, ensuring inclusive growth, economic prosperity, and new opportunities".

Union Budget set to lay down blueprint of PM Modi-led reform journey ahead

New Delhi, Jan 31: The Union Budget 2025-26 has higher significance than an annual budget, as it will be the first full-year budget of the NDA's new term and the Prime Minister Narendra Modi-led government has utilised the first full-year budget as a platform for signalling structural, strategic policy intent and laying down a blueprint of its journey ahead, rather than only attempting to balance tactical fiscal trade-offs, a report showed on Friday.

UKIBC calls for FDI reforms and innovation boost in Union Budget 2025

New Delhi, January 29: As the Union Budget 2025 is around the corner, UK India Business Council (UKIBC) outlined key expectations from the Budget based on industry feedback and emphasized the need for a manufacturing strategy that ensures a level playing field, allowing international companies to fully capitalize on Foreign Direct Investment (FDI) liberalization.