The strategic sectors have been classified in four broad baskets -- national security, critical infrastructure, energy and minerals and financial services, said DIPAM Secretary Tuhin Kanta Pandey

Budget 2021 has taken care of the bare necessities that are needed to ensure that the healthcare infrastructure of the country is given a booster dose to make it infallible to pandemics like what we are going through

COVID-19 vaccination drive: The cost of around Rs 2,200 crore will come from the corpus helmed by the Prime Minister and comprising ex-officio members like the defence minister, the home minister and the finance minister

The mega contract will be signed at the Aero India air show in Bengaluru in presence of Defence Minister Rajnath Singh, top brass of the IAF and senior officials of the Hindustan Aeronautics Limited (HAL), they said

The Union Budget 2021-22 has taken into consideration the needs of all sectors of the economy, reflecting a robust growth plan for India to become a $5 trillion economy, USISPF president Mukesh Aghi said

The generals made their move hours before parliament had been due to sit for the first time since the National League for Democracy's (NLD) landslide win in a Nov. 8 election viewed as a referendum on Suu Kyi's fledgling democratic rule

Uday Kotak, the Executive Vice Chairman and Managing Director of Kotak Mahindra Bank, hailed the focus on healthcare, infrastructure and financial sectors

Out of this, Rs 1.35 lakh crore has been allotted towards capital expenditure, which relates to modernisation and infrastructure development of armed forces.

The finance minister is being assisted by a team of advisers and secretaries in making Union Budget 2021 tasked with the mission to pull the economy from the deep abyss

Union Budget 2021 Highlights: Congress leader P. Chidambaram said that the government had only marginally raised health funding, which when adjusted to inflation becomes nil

Budget 2021: Union Budget is made through a consultative process which involves the Finance Ministry, government planning body- NITI Aayog and several spending ministries

EV manufacturers are hoping that government will fasten its pace in creating a sufficient infrastructure for charging. Since the inception of the FAME-II policy in 2015, less than 1,000 charging stations exist in the country

In the previous budget, the defence sector had received a marginal increase of 1.82 per cent in fund allocation.  Last year, the government allocated Rs 4,71,378 crore to the defence sector

Recent developments at neighboring borders will weigh in on the government's broader decision making for the short to medium term. It is this reason why India's defence industry finds its stakes high in the run-up to budget day

The continuation of forbearance policies has unintended and detrimental consequences for banks, companies and the economy, the Survey said

Currently, India is rated investment grade by three major rating agencies - S&P, Moody's and Fitch. Post Covid, Moody's has retained a negative outlook on India's rating. Fitch had also changed the outlook to negative. S&P  had, however, reaffirmed its rating and outlook

The survey, presented by Finance Minister Nirmala Sitharaman in the Parliament on Friday, January 29, further stated that, improving the composition and quality of expenditure therefore assumes significance

Boeing will compete with Sweden's Gripen and France's Rafale among others for the Indian air force's plan to buy 114 multi-role aircraft to replace its Soviet-era fleet

When is Union Budget 2021: Check budget speech timings, where to watch live streaming, live telecast channels, expectations from finance minister Nirmala Sitharaman, income tax expectations, healthcare, railways, jobs, education, aviation sector expectations and other important details on 2021 Union Budget

Of the last 10 budgets, the stock market has closed lower six times. Twice the indices closed over 1% lower (2012, 2013). This excludes Budget 2020's 2.4% drop in Sensex, the worst budget-day plunge since 2009