On Sunday, Prime Minister Narendra Modi’s government gave Parliament its annual budget. The main goal was to keep the country’s economy growing even while the stock market is unstable and trade is unpredictable.
Finance Minister Nirmala Sitharaman gave a speech unveiling the budget in which she claimed that the government wants to increase investments in infrastructure and domestic manufacturing while still being fiscally responsible.
Budget 2026 announced other ways to encourage non-resident investment. These included raising the individual investment limit for Persons Resident Outside India (PROIs) from 5% to 10%, raising the overall investment limit for all PROIs from 10% to 24%, and letting residents living abroad invest in Indian stocks through a portfolio route.
Sitharaman didn’t offer any handouts to the people, saying that New Delhi will focus on making itself stronger at home while also making its place in the global supply chain stronger. Sitharaman claimed that the government will increase production in seven key areas, such as biopharma, semiconductors, electronics parts, and rare earth magnets.
Three chemical industrial parks will be built to cut down on reliance on imports. Sitharaman talked on ways to make India’s financial markets stronger, such as making the corporate bond market stronger and making it easier for foreign investors to follow some requirements.
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