India News

Union budget 2026 to be presented on Sunday with special trading session

The Union Budget 2026 will be presented on a Sunday for the first time in over two decades, with NSE and BSE announcing special trading sessions for the day.

Published

6 months ago

January 31, 2026

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For the first time in more than two decades, the Union Budget will be presented on a Sunday. Finance Minister Nirmala Sitharaman is scheduled to table the Union Budget for 2026 in the Lok Sabha on February 1 at 11 am, even as the day is usually observed as a holiday for government offices and financial markets.

February 1 falls on a Sunday this year, raising questions about market operations and investor response. To ensure uninterrupted trading and immediate market reaction to budget announcements, stock exchanges have announced special arrangements for the day.

Markets to remain open on budget day

Both the National Stock Exchange and the Bombay Stock Exchange have confirmed that markets will remain open on February 1. The NSE has announced a special trading session, with the pre-open market scheduled from 9 am to 9:08 am, followed by normal trading hours from 9:15 am to 3:30 pm.

The BSE has also declared the day a special trading day, with regular market hours applicable. Trading is expected to continue across equity, derivatives, and futures and options segments.

What the Sunday budget means for investors

A weekend budget presentation is seen as offering certain advantages for market participants. With trading active on the same day, investors will be able to respond to policy announcements immediately rather than waiting for the next working day.

The Sunday timing also gives investors, analysts, and financial institutions additional time to go through detailed proposals, including tax changes, fiscal deficit targets, and sector-wise allocations. The extended window for analysis may help reduce sharp, headline-driven reactions and encourage more informed decision-making.

With fewer competing developments on a non-working day, budget announcements are also expected to receive more focused attention from markets and stakeholders.

Parliamentary schedule and key milestones

The Economic Survey is expected to be tabled on January 29, ahead of the budget presentation. The Budget Session of Parliament began on January 28 with the President’s address to a joint sitting of the Lok Sabha and Rajya Sabha.

The upcoming budget will mark Nirmala Sitharaman’s ninth consecutive Union Budget. It will also be India’s 80th budget since Independence. Since 2017, Union Budgets have been presented at 11 am on February 1, following a timing change introduced during the tenure of former finance minister Arun Jaitley.

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India News

Rescue operation underway after water surge traps workers in Chamoli tunnel

At least 10 workers are believed to be trapped after a sudden surge of water and debris entered a tunnel at a THDC project site in Chamoli.

Published

12 hours ago

August 13, 2026

APNLive Desk

At least 10 workers are believed to be trapped after water and debris entered a tunnel at a Tehri Hydro Development Corporation Limited (THDC) project site in Pipalkoti in Uttarakhand’s Chamoli district. A rescue operation is underway.

According to police, 18 labourers were working inside the tunnel when a sudden surge of water occurred. The strong current swept several workers towards the tunnel’s exit, according to a preliminary report.

Eight workers have been rescued so far, while 10 are still believed to be trapped inside the tunnel.

“Additional ambulances have been dispatched to the site. Police and administrative teams have arrived at the location,” Chamoli Superintendent of Police Surjeet Singh Pawar said.

Uttarakhand Chief Minister Pushkar Singh Dhami has directed officials to carry out rescue and relief operations on a war footing.

Teams from the National Disaster Response Force (NDRF) and State Disaster Response Force (SDRF) have also been dispatched to assist in the rescue operation.

India News

Delhi Metro to start services at 4 am on Independence Day

Delhi Metro will begin services at 4 am on August 15, with trains running every 30 minutes before regular services start.

Published

12 hours ago

August 13, 2026

APNLive Desk

Delhi Metro services will start at 4 am on August 15 to facilitate the movement of special guests, invitees and members of the public attending the Independence Day celebrations, the Delhi Metro Rail Corporation (DMRC) said on Thursday.

Metro trains will operate at 30-minute intervals on all lines from 4 am until regular revenue services begin according to the scheduled timetable for the day.

Special QR tickets for Independence Day invitees

The DMRC said 1.30 lakh special pre-vended QR tickets have been supplied to the Ministry of Defence for the travel of special guests and bona fide invitees attending the celebrations.

Invitees carrying valid physical admit cards issued by the Ministry of Defence will also be provided special pre-vended QR tickets at designated Metro stations to facilitate their travel.

The cost of journeys made using these special QR tickets will be reimbursed to the DMRC by the Ministry of Defence, the corporation said.

Nearest Metro stations to Red Fort

The Lal Quila, Jama Masjid and Delhi Gate Metro stations are the nearest stations to the venue of the Independence Day celebrations at the Red Fort.

The early start of Metro services is aimed at facilitating the movement of people attending the celebrations on Independence Day.

India News

Bengal withdraws Banga Bibhushan from BJP MP Nagendra Ray over Netaji remarks

West Bengal has withdrawn the Banga Bibhushan awarded to BJP MP Nagendra Ray after his controversial remarks about Netaji Subhas Chandra Bose.

Published

12 hours ago

August 13, 2026

APNLive Desk

The West Bengal government has withdrawn the Banga Bibhushan, the state’s highest civilian honour, from BJP Rajya Sabha MP Nagendra Ray, popularly known as Ananta Maharaj, amid controversy over his remarks about Netaji Subhas Chandra Bose.

The award was conferred on Ray on February 21, 2026, when the Mamata Banerjee government was in power. The state government said the honour recognises distinguished and exemplary contributions to the state and its people and carries a high degree of dignity and prestige.

Why Bengal withdrew the award

The decision came less than 24 hours after Chief Minister Suvendu Adhikari directed the police to take stringent action, including arrests, against people making derogatory remarks about Netaji on social media.

Adhikari had also said that the law would apply equally to MPs, MLAs and government officials.

The directive followed remarks by Ananta Maharaj in which he described Netaji as a “war criminal” and questioned his leadership as well as the role of the Azad Hind Fauj in India’s freedom struggle.

What the Bengal government said

In its order, the state government said that “certain facts and circumstances” had emerged that raised questions over Nagendra Ray’s continued retention of the honour.

The government said the competent authority had concluded that retaining the Banga Bibhushan was inconsistent with the dignity, prestige and purpose of the award.

It therefore withdrew and annulled the honour conferred upon Nagendra Ray on February 21, 2026, with immediate effect. The order did not specifically identify the particular offence behind the decision.

Who is Nagendra Ray?

Nagendra Ray, popularly known as Ananta Maharaj, is a BJP Rajya Sabha MP from West Bengal who hails from Cooch Behar in the northern part of the state and is a leader of the Rajbanshi community.

The withdrawal of the state honour comes amid controversy over his remarks concerning Netaji, a prominent figure in India’s freedom struggle and a revered personality in Bengal.