India's 2026 budget announcement has marked a significant increase in both defense and infrastructure spending, reflecting the country's strategic priorities amid regional tensions and global economic challenges. As reported by Tribune Latest and Dawn, the defense budget has been raised to a record $85 billion, a 15% increase from the previous year, while infrastructure spending is set at $133 billion, up by 9%. Finance Minister Nirmala Sitharaman emphasized the focus on 'high-speed rail, submarines, and fighter jets,' alongside investments in data centers, artificial intelligence, and rare earth processing. This budgetary expansion follows a brief conflict with Pakistan in May 2025, which resulted in 70 casualties and highlighted the need for enhanced military capabilities. Defense Minister Rajnath Singh stated the spending is in the 'best interest' of national security, aiming to equip the armed forces with advanced technology such as drones and submarines.
ECONOMY
India Announces Record $85 Billion Defence Budget in New Delhi

India's 2026 budget boosts defense to $85B and infrastructure to $133B, focusing on military tech and manufacturing, amid regional tensions and fiscal concerns, aiming for global economic growth.
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Business Recorder
Updated 1 day agoReliance leads partial recovery in Indian stocks from budget day selloffFEB 2, 10:57 AMRead →India budget pledges defence boostFEB 2, 2:16 AMRead →India’s budget aims to ramp up domestic manufacturing in a volatile environmentFEB 1, 7:20 AMRead →India budget makes fresh bet on manufacturing as it seeks to sustain growthFEB 1, 7:10 AMRead →Indian shares muted ahead of federal budget; metals declineFEB 1, 5:41 AMRead →
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Tribune Latest
Updated 1 day agoTH
The Hindu
Updated 1 day agoUnion Budget 2026: InfrastructureFEB 2, 6:39 AMRead →Union Budget 2026 bets big on industrial growthFEB 2, 4:27 AMRead →India’s defence budget: A case for higher allocationFEB 1, 7:53 PMRead →Watch: Union Budget 2026 | The big economic priorities explainedFEB 1, 6:21 PMRead →A budget for difficult timesFEB 1, 5:54 PMRead →Employment and the Budget’s strategic choicesFEB 1, 4:47 PMRead →Trade bodies say Budget powers MSMEs, provides boost to domestic manufacturing and further simplifies doing businessFEB 1, 4:40 PMRead →
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Dawn
Updated 1 day agoIN
indiandefensenews
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Al Jazeera
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BBC World
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ABC International
Updated 2 days agoYT