Japan Cabinet Clears Record Budget, Pledges Debt Control

By BPN News Desk December 26, 2025

International

Japan’s Cabinet has approved a record national budget of about 122.3 trillion yen, or roughly $785 billion, for the next fiscal year, marking the largest spending plan in the country’s history. The budget, which will be submitted to Parliament for approval, reflects the government’s attempt to

National

India Likely to Present Union Budget on a Sunday

By BPN News Desk December 20, 2025

Finance Minister Nirmala Sitharaman is expected to present the Union Budget for the 2026–27 financial year on Sunday, February 1, as the government considers sticking to the established budget calendar despite the date falling on a weekend. Since 2017, the Union Budget has been presented on February 1 to allow sufficient time for parliamentary approval […]

Defence National

Defence Ministry To Seek 20% Budget Hike

By BPN News Desk November 29, 2025

India’s Ministry of Defence is preparing to request up to a 20 percent hike in its budget for the 2026–27 financial year, Defence Secretary Rajesh Kumar Singh has confirmed. The proposal aims to accelerate military modernisation and address emerging strategic challenges. Current Spending Already On Upward Path For 2025–26, the government allocated ₹6.81 lakh crore […]

International

Bayrou’s Government Falls After Confidence Vote

By BPN News Desk September 9, 2025

Prime Minister François Bayrou’s minority government collapsed after a parliamentary confidence vote failed by a wide margin, with 364 deputies opposing and 194 supporting him. His €44 billion austerity budget, which included tax increases, spending cuts, and the removal of two public holidays, faced strong pushback across the political spectrum. Political Instability

Editorials

Middle Class to the Rescue: Why Tax Relief is the Hero India Deserves (and Needs Right Now)

By BPN News Desk December 29, 2024

Ah, the great Indian middle class—the tireless engine of our economy, the cushion during recessions, the perpetual safety net for our policymakers’ ambitious dreams. They are the ones who pay their taxes on time, religiously invest in ELSS (because tax-saving ads guilt them into it), and keep the consumer economy humming along with their carefully […]