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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.

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Nirmala Sitharaman

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.

India News

Jaishankar, Lavrov hold talks in New Delhi ahead of BRICS foreign ministers’ meet

S Jaishankar and Sergey Lavrov discussed India-Russia cooperation, energy ties and global issues ahead of the BRICS foreign ministers’ meeting in New Delhi.

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S. Jaishankar met Russian Foreign Minister Sergey Lavrov in New Delhi on Wednesday ahead of the two-day BRICS foreign ministers’ meeting hosted by India.

The meeting focused on strengthening India-Russia cooperation in areas including energy and trade, while the two leaders also exchanged views on major global developments.

Lavrov arrived in the national capital to participate in the BRICS foreign ministers’ conclave beginning Thursday. Ministers and delegates from several BRICS member countries, including Brazil and South Africa, are attending the discussions chaired by India.

In a social media post after the meeting, Jaishankar described the interaction as a “productive exchange of views” with his Russian counterpart. Reports said the talks also covered the ongoing West Asia tensions and the Ukraine conflict.

According to the Russian Foreign Ministry, the discussions were expected to review progress on bilateral agreements and preparations for upcoming high-level engagements between the two countries.

The BRICS foreign ministers’ meeting in New Delhi is likely to focus on regional security, global governance reforms, energy security and economic cooperation among member nations. The ongoing conflict in West Asia is also expected to feature prominently during the deliberations.

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India News

33 killed in rain-related incidents across Uttar Pradesh as storms lash state

At least 33 people died in different districts of Uttar Pradesh due to heavy rain, thunderstorms and lightning strikes as the state government announced compensation and relief measures.

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Unseasonal rain, thunderstorms and lightning strikes claimed at least 33 lives across Uttar Pradesh, prompting the state government to launch relief operations in affected districts.

According to officials, the highest number of deaths was reported from Bhadohi district, where 16 people lost their lives. Fatehpur recorded nine deaths, while Budaun reported five fatalities. Two people died in Chandauli district and one death was reported from Sonbhadra.

Uttar Pradesh Chief Minister Yogi Adityanath directed district administrations to ensure immediate assistance for affected families. He instructed officials to complete compensation and relief distribution within 24 hours.

The chief minister also asked authorities to closely monitor areas affected by heavy rain and thunderstorms and provide all necessary support to residents facing damage due to adverse weather conditions.

Several parts of northern India have witnessed sudden weather changes in recent days, with strong winds, lightning and rain disrupting normal life in many regions.

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Prateek Yadav had six injuries before death, lung blood clot caused cardiac collapse

The autopsy report of Prateek Yadav revealed six antemortem injuries and stated that a massive blood clot in the lungs caused cardiorespiratory collapse leading to his death.

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Prateek Yadav, son of late Samajwadi Party founder Mulayam Singh Yadav and half-brother of Akhilesh Yadav, died due to cardiorespiratory collapse caused by a massive pulmonary thromboembolism, according to post-mortem findings reported in Lucknow.

The post-mortem examination also found six antemortem injuries on his body. The injuries were reported on the chest, under the right arm, right forearm, right elbow joint, over the elbow and left wrist. Doctors noted that three of the injuries were around five to seven days old, while the remaining injuries were about a day old.

Medical experts stated that pulmonary thromboembolism is a serious condition in which blood clots block arteries in the lungs, affecting breathing and blood circulation.

The autopsy report further mentioned that samples related to the heart and lungs have been preserved for histopathological examination, while viscera samples were sent for chemical analysis to determine additional medical details.

Earlier reports citing sources had stated that no foul play was detected in the initial post-mortem findings. Prateek Yadav had reportedly been suffering from liver and lung-related complications and had been admitted to a hospital in Lucknow several times in the past.

Prateek Yadav died at the age of 38 in Lucknow after his health deteriorated suddenly at his residence. Political leaders and family members later paid tribute following the news of his death.

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