Finance
📌 Introduction The Government presents the Budget 2026–27 with a strong focus on economic growth, development, and public welfare. It outlines clear plans to strengthen infrastructure, support key sectors, and improve the quality of life for citizens. The Government aims to build a stronger and more self-reliant economy through these measures. Also Read: Brazilian Model…
Hidden Fees Draining Public Savings New Delhi: Aam Aadmi Party (AAP) leader and Rajya Sabha MP Raghav Chadha strongly raised the issue of hidden bank charges in Parliament, accusing banks of quietly burdening common citizens with multiple fees. He stated that banks deduct small amounts under various heads, but collectively these charges significantly impact middle-class…
In a rapidly evolving economic environment shaped by innovation, infrastructure expansion, and global competitiveness, Indian Council for Technical Research and Development (ICTRD) convened a distinguished Virtual Round Table on “Decoding India’s Union Budget 2026–27: Growth, Innovation, and Economic Resilience.” The session brought together policymakers, industry leaders, academicians, entrepreneurs, and research professionals from across India to…
Finance Minister Nirmala Sitharaman presented the Union Budget 2026–27 in the Lok Sabha at 11 a.m. on February 1, 2026, marking her record ninth consecutive Union Budget since taking charge of the finance ministry in 2019. This achievement is a first in Indian history and underscores her long‑standing role in shaping India’s economic policy. Historic Ninth…
At a time when global trade is being reshaped by shifting tariff regimes and geopolitical realignments,ICTRD convened a timely Virtual Round Table titled “Tariffs & Trade: Navigating US Policies and TheirImpact on India’s Innovation Economy”. The session brought together policymakers, economists, industryleaders, academicians, entrepreneurs, and students to examine how evolving US tariff policies influenceIndia’s manufacturing…
In 2026, the financial landscape is no longer what we knew just a few years ago. With advancements in blockchain technology, cryptocurrencies, and smart contracts, the traditional financial system is facing serious disruption. Welcome to the era of Decentralized Finance (DeFi) – a revolutionary movement that could soon render traditional banking systems obsolete. But are…
Saving money sounds simple—spend less than you earn and put the rest aside. Yet millions of people around the world struggle to save consistently. This problem doesn’t come from a lack of intelligence or discipline alone. Instead, it connects deeply to human psychology, emotional habits, and the way our brains respond to reward, stress, and…
The State Bank of India (SBI) has just been honoured with the title “World’s Best Consumer Bank 2025” by Global Finance, New York, underscoring a remarkable rise in its global standing. This recognition offers a perfect lens to analyse how SBI out-performed its international peers across multiple dimensions. 1. Award Context & Significance Global Finance…
The International Monetary Fund (IMF) has issued a stark warning about the surging levels of global public debt, forecasting that total government debt worldwide could surpass 100% of global GDP by 2029 unless corrective measures are taken. The warning, published in the IMF’s Fiscal Monitor Report during the annual IMF-World Bank meetings in Marrakesh, signals…
The 56th GST Council meeting, chaired by Finance Minister Nirmala Sitharaman, has approved a major rationalisation of GST slabs, simplification in rates, and changes aimed at easing tax burden for common goods, while increasing or maintaining rates for luxury / “sin” items. GST Rate Rationalisation: Key Aspects & Impacts 1. Tax Slabs Slashe 2. Effective…
