The Union Budget for financial year 2021 - 2022 will be unveiled by Finance Minister Nirmala Sitharaman in Parliament on February 1. Sitharaman has already set the tone by calling it a "budget like never before."
A lot of expectations have been built up ahead of this year's budget with all eyes on the finance minister. India is currently in a technical recession as it reels from the pain of the nationwide lockdown imposed in March 2020 to combat COVID-19 pandemic; a once in a generation health crisis that has currently wrecked the global economy.
This is where you will find all live updates from BOOM through our blog.
Sensex is up 2,289 points, while NIFTY is up 620 points.
An agriculture Infrastructure and Development Cess (AIDC) of ₹2.5 per litre has been imposed on petrol and ₹4 per litre on diesel. "Overall there would be no additional burden on the consumer.", the Budget speech says