Meanwhile, Sensex and Nifty have logged spectacular rally rising 6.37% (2152 points) and 5.84% (609 points) since the beginning of this year on FII inflows, Q3 corporate earnings and Budget 2018 expectations.

PM Narendra Modi said that Budget 2018-19 has devoted attention to all sectors, ranging from agriculture to infrastructure to healthcare.

Industry stakeholders as well as the common man are eagerly looking to Finance Minister Arun Jaitley to deliver a make-happy Budget with an eye on general elections next year.

The infrastructure sector expects continued thrust from the government towards revival of investment cycle in the form of further increase in budgetary allocations towards infrastructure sector with focus on roads, railways and urban infrastructure.

Aiming to fund rail expenditure through asset monetisation, Railway Minister Piyush Goyal said that he would be \"satisfied\" with any amount of capital allocation to the transport behemoth in the upcoming budget.

Apex industry bodies such as Confederation of Indian Industry (CII), Federation of Indian Chambers of Commerce and Industry (FICCI), and others have flagged their GST concerns in the pre-Budget consultations Jaitley has had with them.

Indian Railways is not looking at more funds in the upcoming Union Budget for 2018-19 as it is focussed on monetising assets within, Railway Minister Piyush Goyal said.

Railway terminals in the national capital were coming under lot of pressure as the number of trains coming to the city has risen.

Raaja Kanwar, Vice Chairman & MD, Apollo International, tells Anilesh S. Mahajan that the logistics industry is poised for growth.

Union Railway Minister Suresh Prabhu today said his Ministry has drawn up an action plan to save energy worth Rs 41,000 crore over the next ten years.

Attacking Congress, Finance Minister Arun Jaitley today said the previous UPA government had indulged in discretionary allocation of national resources causing damage to the economy and the Modi dispensation did away with the practice as it learnt from their \"mistakes\".

The first Budget since demonetisation has been a careful exercise by Finance Minister Arun Jaitley. It caters to the core constituency - farmers and lower income people - while not introducing anything that hurt industry.

The government continues to bet on high infrastructure spending to get growth going. It is time to focus on getting the execution right.

Rural, agriculture and allied sectors get top priority. The allocations are tilted towards schemes and projects that have already been prioritised.

The industry expects interest rates to witness sharp falls in capital needs similar to the home loan segment which will incentivise real estate developers to focus on affordable housing. An industry status will help developers in accessing capital (equity and debt) at lower costs.

Finance Minister Arun Jaitley on Wednesday presented Union Budget 2017-18 in Lok Sabha. 

After the initial confusion over the postponement of the Union Budget, Finance Minister Arun Jaitley presented the budget 2017-2018 in Lok Sabha today.

After paying tribute to the parliamentarian and former Union minister E Ahamed, finance minister Arun Jaitley tables the Union Budget 2017 as scheduled. Catch all the live updates here.

India's health ministry is likely to see a substantial increase in funding, after it warned that its programmes were short of cash and sought more than $1.2 billion in additional money, according to government officials and documents.

The FY18 Union Budget is likely to incorporate significantly changed processes, including presentation at an early date, folding in the Rail Budget, integrating Plan and Non-Plan expenditures and other signature changes.