The Trump administration’s plan for the U.S. Navy to build its largest battleships is estimated to cost $275 billion, and U.S. shipyards may not have the capacity to build them, according to a new report from the Congressional Budget Office. 

Trump's battleship fantasy gets a $275 Billion reality check

Tamil Nadu's TVK government has presented its first-ever state budget, unveiling a series of welfare and development initiatives, including AI skill training, free breakfast expansion, EV charging infrastructure, education reforms, and support for brides and newborns.

However, the budget has triggered sharp criticism from opposition parties. DMK chief M.K. Stalin and AIADMK leaders accused Chief Minister Vijay's government of merely rebranding existing welfare schemes while failing to deliver on major election promises.

Tamil Nadu budget: TVK unveils first budget, DMK & AIADMK slam ‘copied’ welfare schemes

Nigeria is facing a bizarre corruption row after a 'ghost agency' was found with nearly $1 million in the national budget. The fake body even set up an office inside Abuja's government complex. President Tinubu has now ordered a full investigation into how it slipped through. 


Nigeria's 'ghost agency' scandal: Fake agency allocated nearly $1 million budget 

Nepal's Parliament has convened its first budget session, with Finance Minister Swarnim Wagle presenting the national budget and the Appropriation Bill for fiscal year 2026-27. The proceedings were overshadowed by the absence of Prime Minister Shah, who has not attended Parliament since his controversial remarks on the India-Nepal border.

Nepal Parliament Opens First Budget Session as PM Remains Absent 

Pakistan’s Budget 2026 has sparked debate as defence spending is reportedly increased by 18%, reaching nearly ₹3 trillion, even as the country continues to face rising debt and IMF-related financial pressure. The budget highlights a difficult balance between national security priorities and economic challenges. 


Pakistan Budget 2026: Defence Spending Surges Amid Debt and IMF Pressure

Pakistan's 2026-27 federal budget outlines an 87.49 billion (18.77 trillion PKR) outlay, with a primary focus on maintaining IMF targets, tackling massive debt, and addressing regional security pressures. Out of the total spending, nearly 43% is consumed by interest payments, while defense spending has been bumped up significantly.


Pakistan Budget 2026: Debt, Defence Dominate Pakistan's Budget Priorities

Pete Hegseth defends a proposed $1.5 trillion defense budget during testimony before Congress, arguing it is necessary to strengthen military readiness, modernization, and global deterrence. Lawmakers debate rising defense spending amid fiscal concerns and geopolitical tensions.

Pete Hegseth Justifies $1.5 Trillion Budget to Congress

US Defense Secretary Pete Hegseth strongly defended the Trump administration’s handling of the Iran war during a tense congressional hearing focused on the Pentagon’s budget and military strategy. Lawmakers questioned the growing financial burden of the conflict after Pentagon officials revealed the war has already cost around $25 billion, most of it spent on munitions and operations. Democrats on the panel criticised the administration’s long-term strategy and rising economic impact, while Hegseth argued the campaign was necessary to stop Iran from obtaining nuclear weapons.


Hegseth Defends $25 Billion Iran War As Democrats Grill Pentagon Strategy 

#Gravitas In September 2025, the final month of the U.S. fiscal year, the Pentagon approved more than $93 billion in spending under U.S. Secretary of War Pete Hegseth. Records show $9 million was spent on crab and lobster dinners, including $7 million on lobster tail and $2 million on Alaskan king crab.


From Lobster Tails to Alaskan King Crab: US War Dept Spent $93 Billion on Luxury Items

The State’s interim Budget for the financial year 2026-2027 was presented in the Tamil Nadu Legislative Assembly on Tuesday (February 17, 2026) by Finance Minister Thangam Thennarasu ahead of the Assembly elections due this year. Also, the interim Agriculture Budget was presented by the portfolio Minister M.R.K. Panneerselvam following which the Assembly session was adjourned for the day. 


Tamil Nadu Budget 2026-27 Sets Economic Roadmap Ahead of Polls

The Finance Minister of Tamil Nadu presented the interim budget for 2026-27 in the Legislative Assembly, outlining key allocations for development, infrastructure, education, healthcare, and social welfare. This budget highlights the government’s priorities for economic growth and public welfare in the upcoming fiscal year.

Tamil Nadu 2026-27 Budget: Finance Minister Presents Tamil Nadu Interim Budget

India's Union Budget 2026 balances taxpayer relief with revenue targets, hiking securities transaction charges to 0.05% while projecting direct tax receipts at ₹28.7 lakh crore to fund growth initiatives.



Budget 2026: STT to 0.05%, Tax Receipts Hit ₹28.7L Cr

Prime Minister Narendra Modi hailed Union Budget 2026 for fostering new leaders and innovators while strengthening India's development trajectory through strategic reforms.



Budget 2026: PM: Budget Will Birth India's Next Generation Leaders

PM Modi hailed Union Budget 2026 as a "futuristic highway of opportunities" that empowers women, youth, and small industries while propelling India beyond fastest-growth status toward Viksit Bharat 2047.


Budget 2026: PM Modi: Budget 2026 Fuels Viksit Bharat 2047 Vision

In the Union Budget 2026, Finance Minister Nirmala Sitharaman announced a new six-year initiative titled the 'Mission for Aatmanirbharta in Pulses'. The programme aims to boost domestic production of Tur, Urad and Masoor to meet rising consumption and achieve self-reliance.

Union Budget 2026: What is the ‘Mission for Aatmanirbharta in Pulses’? A six-year plan for self-reliance

Congress MP Jairam Ramesh has called the budget 2026 presented by Finance Minister Nirmala Sitharaman as  lacklusture and woefully short of the hype that was generated around it.

Union Budget 2026: Rahul Gandhi refuses to comment, Jairam Ramesh calls it 'lacklusture'

Union Budget 2026 exempts 63 capital goods for lithium-ion battery manufacturing from customs duty. The Finance Minister also removed duties on cobalt powder and battery scrap. These measures aim to lower production costs for mobile phones and electric vehicles.

Union Budget 2026: Why your next mobile phone or EV battery might cost less

India's Union Budget 2026 simplifies tax compliance by extending the revised ITR filing window to March 31, launching the streamlined New Income Tax Act 2025, reducing TCS rates, and easing overall filing processes.



Budget 2026: Revised ITRs Till March 31: Budget Eases Tax Filing

India's Union Budget 2026 introduces a simplified New Income Tax Act effective April 1 alongside ₹11 lakh crore capex allocation for FY26, prioritizing infrastructure and manufacturing revival.



India Budget 2026: Sitharaman Unveils Tax Overhaul, Infra Mega Spend 

In the Union Budget 2026, Finance Minister Nirmala Sitharaman announced a major boost for the education sector with a specific focus on technology. A new Centre of Excellence in Artificial Intelligence for education will be established to modernise learning.

Education gets AI boost: Rs 500 crore Centre of Excellence announced

India's Union Budget 2026 underscores the government's commitment to fulfilling public aspirations through sustained economic stability and high growth, building on self-reliance measures that have reduced import dependencies.



Budget 2026: Fulfilling People's Dreams via Stable Growth

Finance Minister Nirmala Sitharaman outlined a six-point strategy in Budget 2026: scaling manufacturing in seven frontier sectors (semiconductors, electronics), rejuvenating legacy industries like textiles via mega parks, and building champion MSMEs.

Budget 2026: Growth Engine: Factories, Tech Skills Take Center Stage

India's Union Budget 2026 celebrates reduced import dependencies through strategic self-reliance measures that have powered over 7% GDP growth rates.



Budget 2026: Budget 2026: Import Cuts Fuel 7%+ Growth Surge 

India's Union Budget 2026 breaks a 75-year tradition by merging Parts A and B into a single speech, placing policy signals like infrastructure and manufacturing reforms center stage as markets await growth cues.



Budget 2026: Historic One-Part Budget: Investors Eye Reforms 

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