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The Hindu Businessline

Business / The Hindu Businessline

Rail connectivity may drive tourism to hill states, but budget lacks incentives: Stakeholders

Mahendra Seth pointed out that Himachal Pradesh currently has only three small airports, which can handle limited aircraft operations, restricting air connectivity to the state

2 Feb 2026 2:25 pm
CIAL to be made hub for multimodal cargo network: Chief Minister

The airport handled over 65,000 tonnes of cargo in the last financial year which is expected to go up to 74,000 tonnes in the current fiscal year

2 Feb 2026 2:13 pm
Lupin partners with TB Alliance for clinical development, commercialisation of investigational drug Telacebec

TB Alliance to continue to lead development process, while Lupin supports global manufacturing, regulatory affairs and supply chain to ensure global access to Telacebec

2 Feb 2026 2:12 pm
Belrise Industries posts 35.9% jump in Q3 profit, acquires European aerospace firm

Belrise Industries records total revenue of 2,340.52 crore for Q3 FY26, up 8% from same period last year

2 Feb 2026 2:00 pm
Sensex rebounds 583 points as markets recover from budget sell-off

TMT Power and Infra led Nifty gainers with a surge of 4.35 per cent to 359.65, followed by Power Grid Corporation which jumped 4.12 per cent to 261.70

2 Feb 2026 1:52 pm
Tamil Nadu signs MoUs worth 23,000 crore at Global Tourism Summit

Major share of the investments involve multiple medical and sports infrastructure and related facilities, expected to create over 60,000 jobs

2 Feb 2026 1:41 pm
Precious metals complex continue to plunge as silver tumbles over 10% and gold rates fall by 6%

Silver fell by over 10%, gold by 7%, platinum by 8% and palladium by over 7% as Fridays hammering of the metals continued in the global and domestic markets

2 Feb 2026 1:22 pm
Industry reps to join armed forces personnel for futuristic warfare course

The course focuses on developing an erudite understanding on how war fighting is being impacted by technology, necessitating a relook at our thinking, concepts, doctrines, and strategies, says Ministry of Defence

2 Feb 2026 1:09 pm
The Union Budget disappoints with surprise tax hike, investors say

The countrys standing among the worlds worst performing stock markets this year fuelled expectations of steps to revive earnings and lure back global funds

2 Feb 2026 1:07 pm
Budget balances fiscal consolidation with growth push: Jefferies

Capital expenditure remains a key pillar, with overall government capex projected to grow 11 per cent in FY27

2 Feb 2026 12:56 pm
Temasek, LIC to be key sellers in NSEs $2.5 billion IPO

LIC holds a 10.72% stake in NSE and Temasek has about 4.5%, according to data published on the exchanges website

2 Feb 2026 12:43 pm
Silver Price Today February 2: Latest Rates in Delhi, Mumbai, Kolkata, Chennai & Bengaluru

1 kg Silver price as reported today, February 2, 2026 across Indian cities

2 Feb 2026 12:35 pm
Parliament gets 1,492 crore in 2026 Budget

The allocation for the Lok Sabha has been pegged at 1,009 crore, which includes grants-in-aid for Sansad TV.

2 Feb 2026 12:29 pm
Budgets focus on high-speed rail, inland waterways to boost steel demand

Investment in infrastructure projects is set to create a robust demand for high-grade steel, with a focus on enhancing regional connectivity and supporting small and medium enterprises in the evolving market landscape

2 Feb 2026 12:25 pm
2 Feb 2026 12:25 pm
Govt raises limit for bringing duty-free imported goods to 75,000 under new baggage rules

The new baggage rules, 2026, come into effect from midnight on February 2 and replace a decade-old baggage rule

2 Feb 2026 12:18 pm
Gold, silver consolidate after sharp selloff; trade in volatile range

MCX gold futures hover in 1,38,000-1,48,000 range after marking all-time highs near 1,80,779 last week, while MCX silver consolidates near 2,50,000-2,60,000 after touching 4,20,048

2 Feb 2026 12:15 pm
Tobacco stocks Godfrey Phillips, ITC, VST Industries extend slide as higher excise duty spurs fresh selling

Godfrey Phillips India led the losses, falling as much as 6% in early trade to 1,877.30

2 Feb 2026 12:12 pm
Govt withdraws 18% excise duty levy on unmanufactured tobacco

No change in duty levied on cigarettes based on stick length

2 Feb 2026 12:05 pm
Modi takes aim at Trumps threats with the Union Budget to shield India

Modis spending plan promised new outlays on infrastructure and an 18% hike in defense expenditure a bulwark against the challenge posed by dual rivals China and Pakistan

2 Feb 2026 11:53 am
Duty free import of lithium-ion battery scrap to boost investment in recycling: MRAI

A duty waiver will encourage use of imported scrap as feedstock for domestic recycling rather than exporting these wastes or depending solely on freshly mined minerals

2 Feb 2026 11:25 am
Morgan Stanley positive on Indian stocks post Budget, overweights Financials, Consumer Discretionary, Industrials

Budget strikes a balance between reducing the debt-to-GDP ratio and maintaining a gradual pace of fiscal consolidation, the report observes

2 Feb 2026 11:01 am
India's manufacturing activity rises marginally in January, PMI shows

PMI edges up to 55.4 in January from Decembers two-year low of 55.0

2 Feb 2026 10:44 am
Rupee rises 37 paise to 91.56 against the US dollar in early trade

At the interbank foreign exchange market, the rupee opened at 91.95 against the US dollar, then gained some ground to 91.56, registering a gain of 37 paise over its previous close

2 Feb 2026 10:43 am
BSE, Angel One, Groww, Nuvama, 360 ONE WAM shares swing after STT hike

Brokerages strike cautious tone on the sector following the sharp hike in STT on futures and options

2 Feb 2026 10:31 am
Budget shows slowing pace of fiscal consolidation, says Fitch

Fitch has a BBB- sovereign rating for India, while Moodys rates it Baaa3. S&P upgraded India to BBB in 2025 for its first such upgrade in 18 years

2 Feb 2026 10:25 am
Crude oil futures fall over 4% as Trump hints at US-Iran talks

Escalating tensions between the two nations in recent days had helped support the price of crude oil

2 Feb 2026 10:22 am
Sensex recovers from opening dip, Nifty hovers near 24,900 after budget sell-off

The market had witnessed a brutal sell-off on February 1, with the Nifty crashing 495 points to close at 24,825 and the Sensex plummeting 1,547 points to settle at 80,723, following the announcement of a sharp hike in STT on derivatives

2 Feb 2026 10:18 am
India budget blues to batter bonds, 10-year yield set to test 6.75%

The one-year OIS rate ended at 5.5550% on Friday, up 10 bps in January, while the two-year rate ended at 5.7050%, up 15 bps

2 Feb 2026 10:10 am
Indias biggest borrowing plan pushes bond yields to one-year high

The 10-year bond yield rises as much as eight basis points to 6.78%, the highest since January 17, 2025

2 Feb 2026 10:02 am
RBI may have stepped in to support rupee before market open, say traders

The rupee appeared on course to open near its all-time low of 91.9875 per dollar, but RBIs intervention helped shore it up to 91.77, a gain of 0.2% from its closing level on Friday

2 Feb 2026 9:34 am
Why Trumps new pick for Fed chair hit gold and silver markets for good reasons

After months of record highs and stretched valuations, spot prices for gold and silver dropped 9% and 28% respectively after the announcement

2 Feb 2026 9:33 am
The long arc of Indias tech growth

Budget 2026 sets the context for the next phase of Indias technology journey, grounded in execution, inclusive in intent and aligned with long-term economic outcomes

2 Feb 2026 9:20 am
A budget for the deep tech ecosystem & the mitras building it

AI and foreign data centers got their tax holiday gift this year - a truly special welcome to establish Indian data centers as global nodes for the entire world

2 Feb 2026 9:11 am
Sensex, Nifty seen flat at open, sentiment subdued after Budget

Analysts said lack of capital gains-related relaxations for foreign portfolio investors in Budget was a negative considering the outflows and weak rupee

2 Feb 2026 8:57 am
Stock Market Live Updates 2 February 2026: Gold plunges as rally unwinds

Sensex, Nifty live updates on 02 February 2026: Silver declines after rising over 3%

2 Feb 2026 8:32 am
India juggles growth, budget deficit as global risks mount

Budget boosts spending on manufacturing and infrastructure projects, no big-bang announcements to spur economy

2 Feb 2026 8:25 am
Gold plunges after biggest drop in a decade as rally unwinds

Silver drops sharply to around $75 an ounce having earlier climbed as much as 3.2%

2 Feb 2026 7:56 am
From tax terror to KISS: Why Budget 2026 gets the basics right

While the capital expenditure allocation has not increased sharply this year, it comes on the back of a multi-year expansion in public capex, which now stands at over 12.2 lakh crore for FY 202627

1 Feb 2026 11:56 pm
A Budget that strengthens base

The Budgets focus on rural resilience helps build a more dependable and sustainable demand base, rather than relying on short-term stimuli

1 Feb 2026 11:56 pm
Centre to go big on asset monetisation for collecting 80,000 cr under Miscellaneous Capital Receipts

Finance Minister Nirmala Sitharaman said 10 per cent of nominal GDP growth is realistic

1 Feb 2026 11:51 pm
Budget allocation for PM E-DRIVE reduced to 1,500 crore

But, PLI for auto increased by more than 110 per cent to 5,940 crore in FY27

1 Feb 2026 11:31 pm
A strategic Budget for Indias future

This is a Budget that thinks about Indias future rather than short-term giveaways

1 Feb 2026 11:09 pm
Fiscal prudence coupled with sustained RAM focus

The Union Budget 2026 has announced incremental measures to strengthen Indias rural economy.

1 Feb 2026 11:05 pm
FM Sitharaman takes a shot at securing the future

Capex up 22% at 17.14 lakh cr; electronics parts manufacture allocation doubled to 40,000 cr; SME Growth Fund gets 10,000 cr; markets crash on higher STT on F&O

1 Feb 2026 11:01 pm
How buyback taxation changes after Budget 2026

If the proposal in the Finance Bill, 2026 were to come into effect, buybacks will be taxed as capital gains itself

1 Feb 2026 10:26 pm