Business
FM Nirmala Sitharaman Chairs First Pre-Budget Talks With Economists For Union Budget 2026-27
Last Updated:
The meeting sees the participation of several eminent economists who shared their views and suggestions on the state of the economy and policy priorities for the next fiscal year.
Pre-Budget consultations are a crucial part of the budget-making process, allowing the government to take on board diverse perspectives from stakeholders across sectors before finalising the Union Budget.
Finance Minister Nirmala Sitharaman on Monday chaired the first pre-budget consultation with leading economists in connection with the upcoming Union Budget 2026-27, in New Delhi. The Budget 2026-27, which will be the ninth consecutive Budget to be presented by Sitharaman, will be tabled in Parliament on February 1. However, the official announcement is yet to be made.
The meeting saw the participation of several eminent economists who shared their views and suggestions on the state of the economy and policy priorities for the next fiscal year. The meeting was also attended by the Secretary, Department of Economic Affairs (DEA), the Chief Economic Adviser to the Government of India, and other senior officials from the Ministry of Finance.
Union Minister for Finance & Corporate Affairs Smt. @nsitharaman chairs the first Pre-Budget Consultation with leading economists in connection with the upcoming Union Budget 2026-27, in New Delhi, today.The meeting was also attended by Secretary, Department of Economic… pic.twitter.com/I9yn5FxpOD
— Ministry of Finance (@FinMinIndia) November 10, 2025
“Union Minister for Finance & Corporate Affairs Nirmala Sitharaman chairs the first Pre-Budget Consultation with leading economists in connection with the upcoming Union Budget 2026-27, in New Delhi, today. The meeting was also attended by secretary, Department of Economic Affairs (DEA), finance ministry; and chief economic adviser, Government of India, besides senior officers from the DEA,” the finance ministry said in a post on X on Monday, November 10, 2025.
Pre-Budget consultations are a crucial part of the budget-making process, allowing the government to take on board diverse perspectives from stakeholders across sectors before finalising the Union Budget.
The Indian economy gained momentum in the second quarter (July-September) of the current financial year Despite United States imposing higher tariffs on India in August, according to the finance ministry’s latest monthly economic review.
The report highlighted that against a global backdrop characterised by economic and trade policy uncertainty, India’s economy continued to strengthen in Q2 FY26.
It stated “this is particularly significant, as the United States imposed higher tariffs on India in August”.
This acceleration, despite external headwinds, highlights the resilience of the domestic economy and the effectiveness of ongoing structural reforms.
According to the monthly economic review, various supply-side high-frequency indicators (HFIs) displayed healthy trends, while demand conditions improved on the back of GST reforms and positive festive season sentiments, which spurred consumption.
Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h…Read More
Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h… Read More
November 10, 2025, 11:38 IST
Read More
It is thought that thousands of people may have lost their jobs at Oracle, one of the world’s largest tech companies.
Source link
The US-Israel Iran war has halted almost all traffic in a key waterway and the price Brent crude has surged.
Source link
Crunch talks between resident doctors and the Government are set to continue in a bid to avert strike action.
Sir Keir Starmer has given the resident doctors committee of the British Medical Association (BMA) a deadline to reconsider a deal on pay and jobs which includes an offer of thousands of extra NHS training posts.
It is understood the proposal will be removed from the deal if resident doctors in England press ahead with a six-day strike from April 7 in a row over jobs and pay.
Dr Jack Fletcher, chairman of the resident doctors committee of the union, said: “It is wrong for Government to withhold desperately-needed jobs as part of negotiating tactics.
“Anyone who works in the NHS knows that patients need these 4,000 jobs created as soon as possible.
“We made that very clear to Government in our meetings today.
“We are not interested in arbitrary deadlines – we will be looking to get this dispute ended right up to the last minute.
“We believe there is a deal there to be done if Government is willing to withdraw the changes it made at the last minute that reduced the funding for pay rises. Talks continue.”
It comes as senior medics announced they were escalating their disputes with the Government.
Consultants and other senior doctors are to be balloted on industrial action after ministers announced they would be getting a 3.5% pay award.
Simultaneous ballots of consultants and specialist, associate specialist and specialty (SAS) doctors will run from May 11 until July 6.
Addressing resident doctors, Prime Minister Sir Keir Starmer wrote in The Times: “The truth is this: no-one benefits from rejecting this deal.
“Resident doctors will be worse off. Instead of improved pay, progression and support, they will receive the standard pay award this year, with none of the reforms that would have strengthened their working lives.”
The deal sets out a minimum of 4,000 new additional specialty posts to be delivered over the next three years.
NHS England boss Sir Jim Mackey confirmed the offer to expand training places will “come off the table” if an agreement is not reached.
The walkout, which is due to run from 7am on April 7 until 6.59am on April 13, will be the 15th round of strikes by resident doctors in England since 2023.
In a letter to health leaders, Mike Prentice, national director for emergency planning at NHS England, wrote: “We expect this round to be challenging as there is a shorter notice period, bank holidays within the notice period and the action itself falling during the Easter holidays.
“This will represent a significant strain on staffing resources to provide safe cover.”
Wrigley Field to host Big Ten/SEC volleyball doubleheader
Tech giant Oracle makes ‘significant’ job cuts
Romelu Lukaku facing disciplinary action after missing Napoli training
-
Politics1 week agoAfghanistan announces release of detained US citizen
-
Sports1 week agoBroadcast industry CEO says consolidation is ‘essential’ to compete for NFL soaring media rights prices
-
Entertainment1 week agoUN warns migratory freshwater fish numbers are spiralling
-
Tech1 week agoCan a Home Appliance Fix the Problem of Soft-Plastic Waste?
-
Business1 week agoProperty Play: Home flippers see smallest profits since the Great Recession, real estate data firm says
-
Business1 week agoGold prices soar in Pakistan – SUCH TV
-
Fashion1 week agoICE cotton slips on weaker crude, profit booking
-
Business1 week agoMore women are entering wealth management, but few are in advisory roles, study finds