Month: February 2026

​Union Budget 2026–27 Draws Strong Endorsement from Industry Leaders Across Sectors

Vijay Raman

The Union Budget 2026–27 has received an encouraging response from industry leaders, who view it as a balanced and forward-looking blueprint for India’s next phase of growth. With a clear emphasis on fiscal consolidation, sustained public capital expenditure, healthcare and MedTech innovation, MSME empowerment, infrastructure development, and technology-driven agriculture, the Budget is seen as reinforcing macroeconomic stability while creating conditions to crowd in private investment. Together, these measures signal the government’s commitment to building a resilient, globally competitive economy. Mr. Sanjay Bhutani, Managing Director, Bausch & Lomb & Director, MTaI said,…

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Air Marshal I.S. Walia Assumes Command of Eastern Air Command

Vijay Raman

Air Marshal Inderpal Singh Walia assumed the appointment of Air Officer Commanding-in-Chief, Eastern Air Command, IAF on 01 February 2026. He is an alumnus of the National Defence Academy and was commissioned in the Fighter stream of the Indian Air Force on 11 June 1988.  The Air Officer is qualified on all variants of the MiG-21, MiG-23, MiG-27, Jaguar and Su-30 MKI. He has over 3200 hrs of accident/ incident-free flying. In a career spanning over three decades, the Air Officer has tenanted various Command and Staff appointments. He has…

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Defence Budget Soars to Record ₹7.85 Lakh Crore in FY27, a 15% Jump

Vijay Raman

The government on Saturday allocated an all-time high of ₹7.85 lakh crore to the defence ministry in the Union Budget for 2026-27, a jump of around 15 per cent over the previous year’s budget estimate of ₹6.82 lakh crore. The significant hike in the defence outlay comes amid India’s focus on modernising its armed forces and boosting domestic manufacturing of military platforms and hardware.   Of the total allocation, a large chunk is expected to be set aside for capital expenditure aimed at purchasing new weapons, aircraft, warships and other…

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Railways Logs All-Time High ₹2.93 Lakh Cr Spend on Speed, Freight, Safety

Vijay Raman

Indian Railways allocated Historic Capital Expenditure of ₹2.93 Lakh Crore for 2024-25; Focus on Modernization, Safety and Augmentation of Rail Infrastructure. In a landmark decision underscoring the Government’s commitment to building a modern and AatmaNirbhar Bharat, Indian Railways has been allocated a record Capital Expenditure (CapEx) of ₹2,93,000 crore (₹2.93 Lakh Crore) for the financial year 2024-25.   This substantial allocation is aimed at accelerating the transformative journey of the national transporter, with a prime focus on enhancing passenger safety, launching high-speed connectivity, and strengthening freight infrastructure to drive economic…

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