On March 25, 2026, the Lok Sabha officially cleared the Finance Bill 2026, marking a critical milestone in the legislative approval of the Union Budget for FY 2026–27. The bill, passed with 32 government amendments, now moves to the Rajya Sabha for final consideration.
1. Key Budgetary Figures for FY27
The Union Budget 2026–27 outlines a strategy of higher spending and controlled borrowing to stimulate growth while managing fiscal discipline.
| Category | Budgeted Amount (FY27) | % Change / Context |
| Total Expenditure | ₹53.47 lakh crore | ↑ 7.7% from FY26 |
| Capital Expenditure | ₹12.2 lakh crore | Focus on long-term infrastructure |
| Gross Tax Revenue | ₹44.04 lakh crore | Projected revenue target |
| Gross Borrowing | ₹17.2 lakh crore | Funding the deficit |
| Fiscal Deficit Target | 4.3% of GDP | Down from 4.4% in FY26 |
2. Other Major Developments Today (March 25, 2026)
Economy & Markets
- Goldman Sachs Warning: Analysts warn that if crude oil remains at $110/barrel due to West Asian tensions, India’s GDP growth could slip below 6% while inflation rises.
- S&P Global Upgrade: Conversely, S&P raised India’s FY27 growth forecast to 7.1% (up 40 bps), though they cautioned against oil-related inflation risks.
- The “Idle” Gold Story: A new report highlights that Indian households hold approximately $5 trillion in gold, much of which remains “idle” rather than being utilized in the formal financial system.
Corporate & Sports Business
- IPL Team Sales: Massive valuations were reported today, with Royal Challengers Bengaluru (RCB) sold for $1.78 billion as United Spirits exited the franchise. Separately, details emerged on how Shane Warne’s family earned ₹450 crore from the $1.63 billion sale of Rajasthan Royals.
- Real Estate Costs: Anarock reports that construction costs have jumped 10–15% due to supply chain disruptions from the ongoing war, potentially leading to project delays.
3. Market Pulse: Top Gainers (As of 3:31 PM IST)
The market saw a relief rally today with the Sensex jumping 1,200 points.
- GVP Infotech Ltd: ₹6.58 (↑ 19.85%)
- Jaiprakash Power: ₹17.14 (↑ 14.27%)
- Gujarat Alkalies: ₹490.35 (↑ 13.48%)
What’s Next?
The Finance Bill will now be tabled in the Rajya Sabha. Once cleared and given Presidential assent, the new tax provisions and spending plans will take effect from April 1, 2026.
