The Union Budget for 2026-27 has been presented by Finance Minister Nirmala Sitharaman in Parliament today, marking her ninth consecutive Budget. The 83-minute Budget has been presented at a time when the Indian economy has displayed resilience in the face of global challenges such as trade disruptions and increased tariffs imposed by the US.
The markets are open today despite Budget Day being on a Sunday, with the NSE and BSE trading as usual. Investors have begun trading with tempered expectations, looking for stability and guidance in policy rather than fiscal giveaways. The key areas of focus are on capital expenditure budgets for FY27, income tax policies, export competitiveness, and the government’s strategy for foreign trade diversification.
The Budget also sees sectoral trends, especially in infrastructure, manufacturing, and exports, being closely watched for market sentiment in the coming days.
Before the Budget, Prime Minister Narendra Modi said that the Budget will be based on the principles of “reform, perform, and transform.”
This live blog will provide updates on key announcements, market reactions, and real-time responses from industry leaders as the Budget story develops.
“What makes the Biopharma SHakti announcement practical, not just aspirational, is the focus on enabling infrastructure—a biopharma‑focused network with three new NIPERs, upgrades to seven existing NIPERs, a network of 1,000+ accredited clinical trial sites, and strengthening the CDSCO to meet global standards and improve approval timelines.”
— Ashok Nair, Managing Director, RPG Life Sciences
“The decision to increase the outlay for the Electronics Components Manufacturing Scheme to ₹40,000 crore—up from the initial ₹22,919 crore—responds to the current investment momentum. This support for the production of PCBs, modules, and sub-assemblies is essential for building a local supply chain that feeds into the semiconductor sector.”
— Rajendra Chodankar, Founder & Chairman, RRP Electronics Ltd
“Continued high spending on infrastructure strengthens confidence in execution and supports progress across transportation, urban development and logistics. The emphasis on high speed rail, alongside roads, metros, ports and urban infrastructure, signals a move towards next generation connectivity. Policy continuity on clean energy and grid strengthening supports energy security and transition, while the focus on advanced facilities such as semiconductors, electronics, data centres and pharmaceuticals builds domestic capability.”
— Amit Sharma, MD & CEO, Tata Consulting Engineers
“With the government advancing duty exemptions for biogas-blended CNG and reinforcing incentives for ethanol growth, the emphasis on digital agriculture through initiatives like Bharat Vistaar; a multilingual AI platform integrating Agri Stack and ICAR advisories, will further strengthen feedstock productivity and informed farm level decision-making.”
— Vijendra Singh, President, All India Distillers Association
“The Budget certainly falls short on expectations around cleaner alternative fuels such as Auto LPG. This omission is striking at a time when cities are grappling with AQI levels exceeding 400, posing severe public health risks. With more than 33 crore vehicles on Indian roads, retrofitting to Auto LPG offers an immediate pathway to cut PM, NOx, CO, and HC emissions, without the economic burden of fleet scrapping.”
— Suyash Gupta, Director General, Indian Auto LPG Coalition
First Published: Feb 01, 2026, 13:00
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