As Electrical Vehicles adoption accelerates, copper demand has entered a phase of exponential growth that many policymakers and markets have underestimated. Over the past decade, EVs have moved from a niche product to the fastest-growing segment of the global automotive industry. The global shift toward electric vehicles (EVs) is widely celebrated as a technological breakthrough and a vital step toward ...
Read More »Monthly Archives: February 2026
Prospects of two-wheeler sales of India in 2026
In September quarter of 2025 year, two-wheeler sales volume rose to 9 per cent year-on-year with exports surging to 30 per cent. Bajaj Auto and the Hero MotoCorp were the leading sellers expanding 13 per cent revenue in second quarter of 2025 on y-o-y basis. Total two-wheeler sales in India crossed 20 million in 2025 calendar year. The GST 2.0 ...
Read More »Budget 2026 Raises Duty-Free Import Limit for Seafood Processing Inputs from 1% to 3%
In the Union Budget, tabled today in the Lok Sabha for the year 2026-2027, proposed the highest ever total annual budgetary support of ₹2,761.80 crore for the fisheries sector. Out of the total allocation, ₹2,530 crore has been earmarked for scheme-based interventions, ensuring direct support to fishers and fish farmers. Pradhan Mantri Matsya Sampada Yojana (PMMSY) continues to be the central pillar of ...
Read More »BUDGET PUSH TO MAKE INDIA A GLOBAL BIOPHARMA HUB
The Union Budget 2026–27, presented by the Hon’ble Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman in the Parliament today, has announced several key initiatives to strengthen India’s pharmaceutical and biopharma sector. The Finance Minister stated that the Government has undertaken comprehensive economic reforms towards creating employment, boosting productivity and accelerating growth. The Minister emphasised scaling up of ...
Read More »GOVERNMENT ACCEPTS 16TH FINANCE COMMISSION’S RECOMMENDATION TO RETAIN VERTICAL SHARE OF DEVOLUTION AT 41 PERCENT
₹1.4 lakh cr. to BE GIVEN TO States as Finance Commission Grants for FY 2026-27 The Government has accepted the recommendation of the 16th Finance Commission to retain the vertical share of devolution at 41 percent. Presenting the Union Budget 2026-27 in Parliament today, Union Minister of Finance & Corporate Affairs, Smt. Nirmala Sitharaman said, “The Government has accepted the recommendation ...
Read More »UNION BUDGET 2026-27 PROPOSES A SCHEME TO SUPPORT STATES IN ESTABLISHING FIVE REGIONAL MEDICAL HUBS TO PROMOTE MEDICAL TOURISM
PILOT SCHEME PROPOSED FOR UPSKILLING 10,000 GUIDES IN 20 ICONIC TOURIST SITES THROUGH A STANDARDIZED, HIGH-QUALITY 12-WEEK TRAINING COURSE Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman while presenting the Union Budget 2026-27 in Parliament said, “To promote India as a hub for medical tourism services, I propose to launch a Scheme to support States in establishing five ...
Read More »₹12.2 LAKH CRORE PUBLIC CAPEX PROPOSED IN FY2026-27
While presenting the Union Budget 2026-27 in Parliament today, Union Minister for Finance and Corporate Affairs, Smt Nirmala Sitharaman said; “Our first kartavya is to accelerate and sustain economic growth, by enhancing productivity and competitiveness, and building resilience to volatile global dynamics”. The Finance Minister in her budget speech today said that the Public capex has increased manifold from ₹2 ...
Read More »UNION BUDGET 2026-27 ANNOUNCES DIRECT TAX PROPOSALS FOR RATIONALIZING PENALTY AND PROSECUTION
The Union Minister for Finance and Corporate Affairs, Smt Nirmala Sitharaman presented the Union Budget 2026-27 in the Parliament today. The Budget proposes set of Direct Tax proposals aiming at rationalizing penalty and prosecution. The Finance Minister proposed to integrate assessment and penalty proceedings by way of a common order for both to avoid multiplicity of proceedings. There will be ...
Read More »Union Budget 2026-27 lays emphasis on Scaling up manufacturing in 7 strategic and frontier sectors
The Union Budget 2026-27 lays emphasis on Scaling up manufacturing in 7 strategic and frontier sectors. While presenting the Union Budget 2026-27 in Parliament today, Union Minister of Finance & Corporate Affairs Smt Nirmala Sitharaman said that the proposed interventions forms part of six areas under ‘First Kartavya’ in the Budget. To develop India as a global Biopharma manufacturing hub, ...
Read More »Budget 2026-27 announces the launch of India Semiconductor Mission (ISM) 2.0
Budget outlay towards Electronics Components Manufacturing Scheme (ECMS) to be increased to Rs. 40,000 Crores Union Finance Minister Smt. Nirmala Sitharaman today presented the Union Budget for the Financial Year (FY) 2026-27. The announcements also included significant measures for accelerating the growth of India’s Electronics and Information Technology Sector. The Finance Minister announced the launch of India Semiconductor Mission (ISM) 2.0 to ...
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Indian Industry Plus A Pratisrutiplus Suppliment