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Gold and jewellery industry sees mixed signals in budget
Industry disappointed some of its requests for a cut in import duty on gold and GST rationalisation have not materialised
Andhra Pradesh CM launches Pilloo AI for voice-based accounting
The app enables users to create invoices, record transactions, generate reports, and manage accounts simply by speaking in their native language
RBI says 98.42 pc of withdrawn Rs 2,000 banknotes returned
The Reserve Bank of India reports that 98.42 percent of Rs 2,000 banknotes have been returned. This withdrawal began on May 19, 2023. The total v
Customs revenue target modest, achievable: CBIC chief
Goods and Services Tax (GST) revenues in FY27 are projected to grow at 6.3 per cent, with a buoyancy of 0.94 even after a reduction in tax rates
FY27 Budget strengthens Indias resolve to build civil aircraft, says Civil Aviation Secretary
Budget measures focus on aircraft manufacturing, leasing reforms and seaplane connectivity.
Tourism Ministry preparing framework to develop 50 top destinations
One year after Budget promise, flagship tourism destinations scheme awaits final approvals
Budget eases PF, ESI deduction rules for employers, allows relief for delayed deposits
Broker body to seek rollback of sharp STT hike, cut in cash market levy
ANMI to make two formal representations to the Finance Minister by Tuesday amid risks of denting derivatives volumes and market liquidity
Nifty surged after the Budget-day slump, led by auto, energy, and metals. Analysts caution broader trend remains weak below 200-DMA, advising cau
Plans are underway to lay underground railway tracks along a 40-km strategic corridor in West Bengal. This vital route, known as the 'Chicken's N
Government mulls LIC stake sale via FPO in next financial year
Currently holding 96.5% of LIC, the government needs to sell an additional 6.5% to meet the 10% public shareholding mandate by May 2027, after of
Govt mulls stake sale in LIC via FPO in next financial year
The government is actively considering further reducing its stake in insurance behemoth LIC through a public offering in the next financial year,
Hyundai Motor India posts steady profit growth as SUV demand rises
Hyundai Motor India reported a 6.3% net profit increase to Rs 1,194.9 crore in Q3FY26, driven by strong SUV sales, rural demand, operational effi
Top 10 stocks to buy post Budget 2026
Budget 2026 stock market picks: Motilal Oswal Financial Services shares its top 10 stock picks that investors can consider buying. Heres what the
Union Budget 2026: No influence of issues with U.S. in customs duty cuts, says Nirmala Sitharaman
The Finance Minister added that the Centre has already started using cess proceeds, usually its domain exclusively, in matters that are in the St
Relaxation to SEZ units on domestic sales will be temporary: Revenue secretary
In a bid to alleviate the pressures of fluctuating global trade, Special Economic Zone units now have the chance to tap into the domestic market.
Budget 2026: Activists flag opacity, underfunding in rural jobs schemes
Activists say 30,000 crore for MGNREGS is unclear and likely to be absorbed by dues; warn Centres 95,692 crore for VBGRAMG is far below whats nee
Gold rebounds to Rs 1.48 lakh/10g after early slump
New Delhi: Gold prices recovered to Rs 1.48 lakh per 10 grams in futures trade on Monday, February 2, after an early sharp fall that triggered th
Relief for third parties caught in search cases, budget also tweaks timelines for block assessments
Bengal allocated Rs 14,205 crore for rail infra, safety projects in 2026-27 budget: Official
West Bengal receives a significant boost with Rs 14,205 crore allocated for railway projects in the Union Budget 2026-27. This investment will dr
Realty sector sees indirect gains from Budget 2026 capex push, risk fund rollout
Union Budget 2026-27 is hailed as infrastructure-led and growth-oriented by realty leaders. Increased capital expenditure, asset monetisation, an
Awfis Q3 Results: Profit rises 43% to Rs 21 crore
Real estate firm Awfis Space Solutions Ltd on Monday reported a 43 per cent increase in its consolidated net profit to Rs 21.65 crore in the quar
Singapore-based AP Moller-Maersk to further expand operations in Uttar Pradesh
Detailed discussions took place on the vast investment potential in Uttar Pradesh, the industry-friendly business environment and the state gover
Uttar Pradesh to promote sugarcane intercropping with pulses and oilseeds
The initiative, planned from 2026-27 to 2030-31, aims to increase farmers income, optimize production per unit area, and strengthen self-reliance
Coal block allocation now only via auctions: Government
The move aligns with the High-Level Committee framework to enhance domestic production, reduce imports, and promote commercial exploration in Ind
UPL Ltd Q3 Results: Profit slumps 43% to Rs 490 crore on high base effect
UPL Ltd on Monday posted a 43 per cent drop in consolidated net profit to Rs 490 crore for the December quarter on higher base effect.
The finance minister proposed five-year exemption for toll manufacturing of electronic goods in India alongsiderationalisation of the MAT regime
You can soon use Alipay+ for UPI payments abroad
The Indian government and the Reserve Bank of India (RBI) are in talks with Ant International to link Alipay+ with India's instant payments syste
Power consumption grows 3.8% to 142.74 billion units in Jan
The peak power demand touched an all-time high of about 250 GW in May 2024. The previous all-time peak power demand of 243.27 GW was recorded in
Budget eases transfer pricing norms, signals friendlier tax regime for tech MNCs
Govt raises limit for bringing duty-free imported goods to Rs 75,000
New Delhi: The government on Sunday, February 1, raised the limit for passengers bringing duty-free imported goods into India from Rs 50,000 to R
Stricter compliance, CBDT circulars binding on taxpayers responsible for TDS/TCS
Budget 2026 aims to build job-ready, formal talent base, say experts
The Union Budget 2026-27 focuses on skilling and workforce development. It supports MSMEs and future industries. This aims to create a formal and
Bajaj Life Insurance launches BSE 500 Quality 50 Index Fund
Designed for volatile market conditions, the fund focuses on the quality investment factor, which emphasises profitability, balance-sheet strengt
GAIL targeting to add 85 new CNG stations in next two years
In an investor call, GAILs Director for Finance also estimated global prices of natural gas to soften.
At the India International Leather Fair (IILF) in Chennai, manufacturers, designers and institutes presented 2026 leather trends from embellishe
Olive by Embassy launches two tech-enabled hotels in Pune
The launch anchors Olives expansion in western India, with plans to grow to 40 hotels by 2030, while national ambitions include over 100 new loca
India to achieve 4.3% fiscal deficit target for FY27 despite projected dip in GST receipts: S&P
S&P Global Ratings is optimistic that India will achieve its fiscal deficit goal for FY27. This assurance persists even with expected declines in
Bajaj Housing Q3 Results: PAT jumps 21% YoY to Rs 665 crore, NII rises 15%
Bajaj Housing Finance posted a strong Q3FY26, with net profit rising 21% and NII up 19%. Healthy loan and AUM growth, controlled costs and stable
Mixed reactions from agriculture sector on Union Budget 2026-27
The edible oil sector criticised the lack of measures to reduce import dependence, while rice exporters welcomed MSME support, technology interve
Stock market today: Top gainers and losers on NSE, BSE on February 2- check list
Markets rebound over 1% as investors shrug off budget-day selloff
The rally was led by Power Grid, which surged 7.42% to 270.00, emerging as the top gainer on the Nifty50; However, selling pressure was visible i
Ather Energy Q3 Results: Loss narrows as sales rise on festive demand
Indian e-scooter manufacturer Ather Energy posted a narrower quarterly loss on Monday, helped by a jump in sales during the year-end festive peri
US stock futures slide as commodity rout rattles markets
U.S. stock index futures fell on Monday, as a violent selloff in precious metals unsettled investors at the start of a week packed with corporate
Government allocates Rs 67,300 cr for Jal Jeevan Mission in Budget for next fiscal
The central government has allocated Rs 67,300 crore for the Jal Jeevan Mission. Funds will be released to states upon meeting specific condition
Govt mulls raising FDI in public sector banks to 49%, says Financial Services Secretary M Nagaraju
Financial bids likely in February or March for IDBI Banks strategic sale
Gainers & Losers: Power Grid and Latent View among 5 top movers on Monday
Indian markets rebounded sharply after the Budget-day plunge. Autos, metals and energy led gains, while action was seen in Power Grid, Latent Vie
Trump says he welcomes China, India investment in Venezuela oil
The US is set to import the most Venezuelan oil in a year after the Trump administration moved to control the countrys energy supply and pressed
Share Market Highlights Feb 2: Benchmarks surge over 1%; Sensex ends at 81,666, Nifty above 25,000
Sensex, Nifty updates on 02 February 2026: Closing bell: Indian equity benchmarks rebounded on Monday after Sundays budget-day slump. The Sensex
Stock markets rebound over 1% on value buying after Budget day drubbing
The 30-share BSE Sensex rallied 943.52 points or 1.17%, to settle at 81,666.46. During the day, it surged 1,009.31 points or 1.25% to a high of 8
Union Finance Minister also said the volatility in gold prices is due to global uncertainty, and many central banks are investing in gold.
FM Sitharaman: If you profit from SGB secondary market, government deserves its share
SGBs remain tax-free if held to maturity, while capital gains from secondary market trades or early redemption are now taxable.
FPIs withdraw 36,000 crore in January amid global uncertainties; higher STT to weigh on sentiments
The continued selling pressure by FPIs reflects a combination of global and domestic drivers impacting foreign investor sentiment
Govt to introduce IBC Amendment Bill in second half of Budget session starting Mar 9: FM
The proposed amendments to insolvency law would help further enhancement in the timelines and effectiveness of proceedings as well as alignment o
Will the STT hike actually be beneficial?
Rajesh Baheti, Managing Director of Crosseas Capital Services, has criticized the recent increase in Securities Transaction Tax (STT) on futures
Robert Kiyosaki wants you to buy more gold, silver, Bitcoin
Renowned author and financial educator Robert Kiyosaki, best known for his book Rich Dad Poor Dad, has shared his perspective on the recent marke
Temasek, LIC likely to sell stakes in NSE's $2.5B IPO
Temasek Holdings and Life Insurance Corporation of India (LIC) are likely to be major sellers in the upcoming $2.5 billion initial public offerin
UAE firm buys 49% of Trump's crypto venture for $500M
An investment firm linked to the United Arab Emirates (UAE) has acquired a nearly 50% stake in World Liberty Financial, a cryptocurrency venture
Starbucks now plans to draw customers using AI and robotics
Starbucks is investing heavily in artificial intelligence (AI) and robotics technology to improve its customer service.
Air India resumes Shanghai-Delhi flights after nearly 6 years
Air India has resumed its direct flight services between Shanghai and New Delhi, after a gap of nearly six years.
Rupee rises 42 paise to close at 91.51 against US dollar
At the end of the trading session on Monday, the rupee was quoted at 91.51 (provisional) against the greenback, registering a gain of 42 paise fr
Rupee rises 42 paise to close at 91.51 against U.S. dollar
Forex traders said the Reserve Bank of India (RBI) seemed to be defending the 92 per dollar level with a lot of resolve
Tyre industry hails infrastructure-led growth focus in Budget
The tyre sector sees the rise in public capital expenditure to 12.2 lakh crore as a major boost for long-term demand growth, given its ties to tr
Special Economic Zone units can now sell goods in India. This move aims to boost local production and create jobs. The government will soon relea
Watch out! Promoters reduce stakes in 12 stocks during December quarter
Promoter shareholding declined across 12 Nifty 500 stocks during the December 2025 quarter, according to StockEdge data. While stake reductions m
The support in the Budget for semiconductors, electronics manufacturing, healthcare, agriculture, and logistics will help fuel next-generation gr
Two airports, nine helipads identified in Himachal Pradesh under UDAN scheme: Govt
Union Civil Aviation Minister K Rammohan Naidu said that through UDAN scheme, the government has been able to operationalise 657 routes, and 1.59
Rupee shored up by RBI intervention, swaps cushion liquidity as bonds sell off
The Indian rupee logged its best single-day gain in over a month on Monday, boosted by likely dollar sales by the central bank and modest inflows
Bajaj Finance Q3 Preview: NII, profit seen growing 20% YoY on steady loan demand
Bajaj Finance is expected to post a steady Q3FY26, with brokers forecasting around 21% NII and 20% PAT growth. Strong loan expansion, stable marg
Defence stocks rebound as budget signals lift sentiment
Brokerage Goldman Sachs struck a constructive tone on the sector, highlighting that the overall defence budget has been raised 7% year-on-year to
The Central government plans to introduce the Insolvency and Bankruptcy Code amendment Bill soon. This move aims to improve the insolvency resolu
Hyundai Motor India Q3 profit after tax up 6.35% at 1,234.4 crore
Consolidated total revenue from operations in the third quarter stood at 17,973.49 crore as against 16,647.99 crore in the year-ago period
FPIs pull out 36,000 cr from equities in January amid global uncertainties
A higher securities transaction tax (STT) proposed in the Union Budget may weigh on overseas investor participation in the near future
Gold volatility tops Bitcoin in wildest price swings since 2008
Gold's volatility has surged past Bitcoin's, reaching its highest level since the 2008 financial crisis. This dramatic shift follows a significan
Goyal meets National Stock Exchange's CEO Ashish Chauhan
The government expects to collect 73,700 crore through STT in FY27
The rebound came despite proposals to raise transaction taxes on derivatives and the absence of fresh measures aimed at drawing foreign investmen
From diet to injury prediction, AI platform to power Indian sports
Designed specifically for Indian training needs, the platform supports injury prediction, performance analysis, age verification and anti-doping
Nithin Kamath warns STT hike may not curb F&O speculation, instead hits trading volumes
Zerodha founder Nithin Kamath criticised the STT hike on equity derivatives, saying it wont curb speculation as most activity is in options. He w
National Fibre Scheme to boost exports, says MATEXIL
Scheme to help achieve export target of $100 billion by 2030, says MATEXIL Chairman Shaleen Toshniwal
Gold price today: How much 22K, 24K gold costs in your city today? Check rates
Precious metals experienced intense selling pressure on Monday, with gold and silver hitting lower circuit limits on the MCX due to aggressive pr
US futures, world shares slip as worries over Trump's Fed chief pick and AI weigh on markets
Concerns over potential shifts in monetary policy under Trumps Federal Reserve nominee, coupled with fears of an AI investment bubble, have led t
Union Budget 2026: Building confidence, capacity and the next growth chapter
Union Budget 2026 outlines a confident and fiscally disciplined growth roadmap, with emphasis on sunrise sectors, infrastructure, digital capacit
IIT Madras and Daimler to develop universal driver rating system
The initiative aims to create a digital public infrastructure enabling nationwide adoption for driving assessment, insurance evaluation and backg
Bullion bloodbath! Silver prices crumble 41%, gold dips over 25% in 3 days. Time for a turnaround?
Gold and silver prices extended a sharp correction after a speculative, momentum-driven rally, pressured by profit-taking, a stronger dollar, ris
IIT Bombay develops cruelty-free silk production method that saves silkworms
Supported by Coal India under its CSR initiative, the three-year pilot project, Jeevodaya, trains silkworms to lay silk threads on flat surfaces
Building startups in Kerala: what a decade of Kerala Startup Mission shows
From college labs to global markets, Kerala Startup Missions decade-long push has shaped how founders scale ideas across robotics, agritech and e
SGBs plunge 10% on NSE after Budget 2026 ends capital gains tax exemption from April 1
Sovereign Gold Bond prices plunged on the NSE after the government withdrew capital gains tax exemption for bonds bought in the secondary market.
China criticises Grammy Award for Dalai Lama
China has voiced strong disapproval of the Dalai Lama receiving a Grammy Award. Beijing alleges the Tibetan spiritual leader uses such recognitio
