Budget 2026: Sitharaman's Measures Spark Market Drop

The Finance Minister, Nirmala Sitharaman, presented the Union Budget for 2026.

She focused on helping factories and building big projects like roads and trains.

The budget also included some tax changes.

Markets didn't like some of these changes, especially a tax increase on stock trading, which caused a big drop in stock prices.

The budget aims to create jobs and reduce dependence on China by promoting mining and manufacturing in certain states.

The government plans to spend more on building things like high-speed train tracks.

The opposition criticized the budget, saying it didn't address important economic problems.

The budget also sets goals to reduce the country's debt over the next few years.