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Finance Bill 2026

Finance Bill 2026 Clears Lok Sabha With 32 Amendments

Voice vote passage completes lower house budget role; Rajya Sabha consideration next The Lok Sabha passed the Finance Bill 2026 on Wednesday through a voice vote, incorporating 32 government amendments tabled during the Budget session. The passage completes the lower house’s role in the budgetary approval process. The bill now moves to the Rajya Sabha, […]

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West Asia crisis

PM Modi Invokes COVID-19 as West Asia War Strains India’s Energy Lifeline

A wartime parliament address signals that India’s oil and food security face a prolonged test Prime Minister Narendra Modi addressed the Lok Sabha with a warning that carried unusual weight. The West Asia crisis, now in its third week, is not a temporary shock. It is, in his framing, a sustained test of national endurance,

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income tax changes

India’s New Tax Regime Raises the Floor for 1.2 Crore Taxpayers

Parliament’s revised income slabs promise relief but quietly redraw who files and who benefits The Union Budget’s income tax changes take effect from 1 April, reshaping the financial calculus for salaried employees, small business owners, and senior citizens across India. The nil-tax ceiling under the new regime rises to Rs 12 lakh, with a marginal

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passive euthanasia in India

India’s Supreme Court Grants First Right to Die Without Terminal Illness

A Ghaziabad resident’s case rewrites who qualifies for passive euthanasia in India India’s Supreme Court has granted a Ghaziabad man the right to refuse life-sustaining treatment, even though he carries no terminal diagnosis. The bench ruled that his condition, marked by prolonged suffering and irreversible deterioration, meets the threshold established under the court’s own 2018

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crude oil inflation impact

Sitharaman Holds the Line on Crude and Inflation

India’s finance minister says oil’s recent surge will not feed through to consumer prices. The claim rests on specific buffers and specific risks Finance Minister Nirmala Sitharaman stated this week that the recent surge in global crude prices will not produce any substantial effect on domestic inflation. She grounded this position in India’s existing fiscal

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India-Canada nuclear energy deal

India and Canada Reset Ties With a Landmark Nuclear Deal

After years of diplomatic frost, a civil nuclear agreement signals that both nations have quietly decided the estrangement is too costly to sustain New Delhi and Ottawa have signed what both governments are calling a landmark civil nuclear cooperation agreement, formally reopening a channel that had been shut for over four decades. The deal covers

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GST collections

India’s GST Mop-Up Hits Rs 1.83 Lakh Crore in February

An 8.1% annual rise signals sustained consumption strength, but the details complicate the optimism India recorded GST collections of Rs 1.83 lakh crore in February 2026, marking an 8.1% increase over the same month last year. The figure makes February one of the stronger months in the current fiscal year, sustaining a trend of collections

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India FTAs global confidence

India’s Trade Deals Are Becoming a Signal, Not Just a Strategy

PM Modi’s remarks on FTAs point to how trade agreements now reflect confidence in India’s economic direction Prime Minister Narendra Modi has said that India’s recent free trade agreements reflect growing global confidence in the country. The comment comes as India expands its network of FTAs with major economies, reversing years of caution around trade

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energy security priorities

Moscow Rejects US ‘Oil Pivot’ Narrative as FM Lavrov Backs New Delhi

a significant disconnect between Washington’s rhetoric and the reality of the India-Russia partnership Russian Foreign Minister Sergei Lavrov told the State Duma (the lower house of Parliament) that, despite the recent announcement of a “historic” US-India trade deal, Moscow has received no official confirmation from New Delhi of a halt to energy imports. Addressing lawmakers,

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bilateral trade framework

Semantic Shifts and Staple Disputes: The New Confusion Over US-India Trade

Just days after a “historic” breakthrough was announced, the White House has issued a revised factsheet that silently walks back key agricultural and financial claims On 11 February 2026, a wave of uncertainty hit the global markets as the White House released a corrected version of its fact sheet titled “The United States and India

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