Budget 2026 Reactions Live Updates: Money, Markets and the Industry Mood
As FM Nirmala Sitharaman presents her ninth Union Budget, investors and industry look for clarity, consistency, and cues on growth
Last Updated: Feb 02, 2026, 18:16 IST1 min
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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.
PAST UPDATES
February 02, 2026 18:16 IST
MSME Growth & Global Services Focus
“This Budget marks a shift from subsidy-led support to structural enablement. With emphasis on the SET framework (Scale, Efficiency, Technology) for MSMEs, the introduction of Corporate Mitras, and a push to capture 10% of global services, India is being positioned as a talent and technology capital with a high-value, employment-driven economy.”
— Lohit Bhatia, CEO, Quess Corp Limited
February 02, 2026 18:12 IST
Customs Duty Relief to Boost MROs
“The Union Budget 2026 gives a major boost to India’s MRO sector. Exempting basic customs duty on components addresses a long-standing industry demand, lowers aircraft maintenance costs, enhances competitiveness with global hubs, attracts investment, and strengthens India’s role in the international aviation supply chain.”
— Salil Gupte, President, Boeing India & South Asia
February 02, 2026 18:10 IST
Digital Heritage to Boost Tourism
“The creation of a National Destination Digital Knowledge Grid is a forward-looking step that preserves India’s cultural and heritage assets while generating new opportunities for local communities and industry. We are particularly encouraged by the focus on eco-tourism, trekking, and wildlife trails, aligning with the global shift toward sustainable, experiential travel.”
— Ravi Gosain, President, IATO
February 02, 2026 18:07 IST
AI Gets a Boost in Budget 2026, Rightly So
“This budget continues India’s strong focus on AI initiatives, further strengthened by tax holidays for data centres till 2047 and IT sector reforms that act as key enablers. Innovation through AI in the Vistaar project is commendable, and targeted investments in skills like AVGC, alongside semiconductor development, serve as catalysts for AI adoption and growth.”
— Dr Srinivas Padmanabhuni, CTO, Aiensured
February 02, 2026 18:06 IST
Execution-Centric Push for Viksit Bharat
“As India decisively advances towards Viksit Bharat 2047, the Union Budget 2026–27 presents a future-ready vision anchored in execution excellence. The sharp expansion in capital expenditure across mega infrastructure initiatives—from Jal Jeevan Mission and Nuclear Energy to urban development, manufacturing revival through the National Manufacturing Mission, MSME support and agriculture programmes like PM Dhan-Dhaanya Krishi Yojana—signals a nationwide surge in complex, multi-sectoral projects that will define the next phase of India’s growth.”
— Amit Goyal, Managing Director, PMI South Asia
First Published: Feb 01, 2026, 13:00
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