14 C 
Precious metals complex pare losses despite bears hold an upper hand
After losing over 10% in early trade, silver cuts losses to 4%, gold also follows suit trimming losses to 3%
FinMin carefully watching rupee movement, says Economic Affairs Secretary
India's government is closely watching the rupee's decline against the US dollar. Officials may take action if the situation becomes concerning.
Gokaldas Exports shares fall nearly 5% after 71% drop in Q3 profit
The company estimated a 40 crore hit during the quarter, as US brands turned cautious on inventory amid higher duties and softer demand outlook
Union Budget 26: Telangana gets 5,454 cr for Railways
The annual average budget outlay for combined Andhra Pradesh State during the years 2009-14 was only 886crore
Oracle shares rise as $50 billion raise eases data-center funding fears
Oracle shares gained 2.5% on Monday after Wall Street analysts said the software company's $50 billion fundraising plan allays worries over its a
International travel, new Mumbai airport lifts jet fuel usage to record high in January
According to the PPAC, India aviation turbine fuel consumption rose by almost 5% on a monthly and annual basis to hit 821,000 tonne on a provisio
US stocks open lower as commodity rout rattles markets
Wall Street's main indexes opened lower on Monday, as a violent selloff in precious metals unsettled investors at the start of a week packed with
GST relief to cut costs for FPIs, lift margins for Indian brokers
Finance Bill 2026 ends 18% levy on brokerage services to overseas investors, makes claiming export refunds seamless
Bharat-VISTAAR launch to transform Indian agriculture with AI
The platform aims to improve productivity, yield predictability, and income stability while reducing risks
Union Budget: Building the foundations for Indias next urban growth
With improved roads, rail links, airports, and public utilities, Tier 2 and Tier 3 markets will become attractive to developers and homebuyers
Sigh of relief for SEZ jewellery exporters as Budget opens domestic sales
Exports to the US fell 44% due to punitive tariffs, while overall exports remained flat at $20.75 billion
Patel Retail net up 96% in Q3 on robust demand
The company has set up modern facilities at Ambernath (Thane), Mumbai and Gujarat
Dispute surfaces between Foxconn and local gram panchayat in Bengaluru Rural
The Gram Panchayat has issued a notice to the company seeking clarification and documentation, including approved building plans, construction li
Sixteenth Finance Commission: Slight course correction but not a paradigm shift
Commission has retained the vertical devolution share at 41 per cent but the weights have been changed in various parameters
IBC Bill likely during second part of budget session, says FM Sitharaman
This is going to be the seventh amendment to the IBC Act, which was implemented in 2016
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
FY27 Budget strengthens Indias resolve to build civil aircraft, says Civil Aviation Secretary
Budget measures focus on aircraft manufacturing, leasing reforms and seaplane connectivity.
Indian agriculture set to gain global edge, say stakeholders on Budget 2026
Focused support for high-value crops, along with special incentives for the fisheries and dairy sector, aims to augment farm incomes, they say
Budget makes leveraged investments turn less attractive
It scraps setting off interest expenditure incurred for earning dividend income or income from units of MFs
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
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
From aspiration to achievement: Reform express gains momentum in Budget 202627
Budget 202627 reflects a constructive policy dialogue between government and stakeholders
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,
Govt considering merger of state-run entities PFC and REC
The government is exploring a merger of Power Finance Corporation and REC Ltd. This move is part of a broader restructuring effort for public sec
Budget FY27 to boost farmers' income, strengthen cooperatives: NDDB Chairman
New Delhi. The Union Budget 2026-27 offers significant boosts to agriculture and allied sectors. Finance Minister Nirmala Sitharaman announced a
Shares of UPL gained by 5.1 per cent on the BSE to close at 699.40 on Monday
Emirates marks 20 years of operations from Thiruvananthapuram
Emirates SkyCargo has played a key role in supporting Keralas export-led economy by connecting local producers and businesses to global markets
Railways annual allocation for Tamil Nadu up 15% to 7,611 crore in FY27
Funds jump ninefold, electrification nears completion, land acquisition lags Statewide
FICCI reiterates call for aerospace manufacturing PLI
On Sunday the Union Finance Minister announced custom duty waivers on parts and components used in manufacture of civil, training and other aircr
Market stability and much-desired value reset for agriculture
The allocation of 1.63 lakh crore to agricultureup 7 per cent over last years revised estimatesreinforces the governments commitment to farm inco
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.
Bharat-VISTAAR, an AI tool that will integrate all digital agri infra
Union Finance Minister Nirmala Sitharaman, in her Budget speech, announced that the government will launch Bharat-VISTAAR, a multilingual AI tool
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
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
India manufacturing PMI rises to 55.4 in January, signals sector rebound
Growth was driven by higher domestic demand, new orders, and increased employment, though business confidence slipped to a three-and-a-half-year
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.
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
Govt mulling proposal to raise FDI ceiling in public sector banks to 49%: DFS secretary Nagaraju
Department of financial services secretary M Nagaraju said the finance ministry was considering raising the FDI limit in PSBs to 49% and that int
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
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
Temasek, LIC are said to plan share sales in NSEs India IPO
State Bank of India Ltd. and SBI Capital Markets Ltd are expected to participate as sellers in the upcoming IPO, which will involve existing shar
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
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
AMD estimates 13.15 million tonne monazite in beach sand deposits across 8 States: Reddy
Monazite is a reddish-brown, phosphate mineral rich in rare-earth elements and thorium, primarily sourced from heavy mineral beach sands and igne
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
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.
CIAL to become Indias first airport to operate hydrogen-powered buses
Procurement of the buses is scheduled to be completed within 12 months
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.
'Alchemist': Man extracts 191g gold worth $29,000 from SIM cards
A man in China's Guangdong province has gone viral for extracting gold from discarded SIM cards.
