Budget 2026 Expectations Live Updates: Parliament’s Budget session begins today; all eyes on President Murmu’s speech

Satish Kumar
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Finance Minister Nirmala Sitharaman on Tuesday took part in the customary halwa ceremony, signalling the final phase of preparations for the Union Budget 2026-27, which is scheduled to be presented in the Lok Sabha on February 1. The ritual was held at North Block on Raisina Hill, the former headquarters of the finance ministry, as the newly occupied Kartavya Bhawan-I does not house a printing press.

Sitharaman and most of her team moved from the historic North Block to the modern central secretariat complex at Kartavya Bhawan in September 2025. The halwa ceremony, a long-standing tradition, involves preparing and serving the dessert to ministry officials and staff associated with the Budget exercise and marks the beginning of the mandatory “lock-in” period for those involved, according to an official statement. Upholding convention, the event was organised in the North Block basement and attended by the finance minister along with senior officials.

During the ceremony, Sitharaman also inspected the Budget Press, reviewed readiness for the presentation and conveyed her best wishes to the entire Budget team. She was accompanied by Minister of State for Finance Pankaj Chaudhary, departmental secretaries and other senior officers engaged in the Budget process.



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Satish Kumar is a digital journalist and news publisher, founder of Aman Shanti News. He covers breaking news, Indian and global affairs, politics, business, and trending stories with a focus on accuracy and credibility.
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