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The Hindu Businessline

Business / The Hindu Businessline

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%

2 Feb 2026 8:38 pm
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

2 Feb 2026 8:35 pm
G-Sec yields hit one-year high after FY27 borrowing target; rupee recovers on RBI action

The 10-year benchmark G-Sec touched a one-year high of 6.78 per cent before closing at 6.77 per cent, as investors reacted to increased supply expectations

2 Feb 2026 8:25 pm
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

2 Feb 2026 8:25 pm
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 provision basisan all time high

2 Feb 2026 8:09 pm
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

2 Feb 2026 8:04 pm
Bharat-VISTAAR launch to transform Indian agriculture with AI

The platform aims to improve productivity, yield predictability, and income stability while reducing risks

2 Feb 2026 8:04 pm
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

2 Feb 2026 7:57 pm
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

2 Feb 2026 7:56 pm
Patel Retail net up 96% in Q3 on robust demand

The company has set up modern facilities at Ambernath (Thane), Mumbai and Gujarat

2 Feb 2026 7:55 pm
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 licences, completion and occupancy certificates and survey-wise details of the built-up area at its facilities

2 Feb 2026 7:53 pm
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

2 Feb 2026 7:53 pm
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

2 Feb 2026 7:48 pm
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

2 Feb 2026 7:47 pm
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

2 Feb 2026 7:44 pm
FY27 Budget strengthens Indias resolve to build civil aircraft, says Civil Aviation Secretary

Budget measures focus on aircraft manufacturing, leasing reforms and seaplane connectivity.

2 Feb 2026 7:39 pm
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

2 Feb 2026 7:38 pm
Budget makes leveraged investments turn less attractive

It scraps setting off interest expenditure incurred for earning dividend income or income from units of MFs

2 Feb 2026 7:34 pm
Tourism Ministry preparing framework to develop 50 top destinations

One year after Budget promise, flagship tourism destinations scheme awaits final approvals

2 Feb 2026 7:33 pm
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

2 Feb 2026 7:31 pm
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 offloading 3.5% via the 2022 IPO

2 Feb 2026 7:22 pm
From aspiration to achievement: Reform express gains momentum in Budget 202627

Budget 202627 reflects a constructive policy dialogue between government and stakeholders

2 Feb 2026 7:21 pm
UPL Q3 net down 43% to 490 cr

Shares of UPL gained by 5.1 per cent on the BSE to close at 699.40 on Monday

2 Feb 2026 7:11 pm
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

2 Feb 2026 7:11 pm
Railways annual allocation for Tamil Nadu up 15% to 7,611 crore in FY27

Funds jump ninefold, electrification nears completion, land acquisition lags Statewide

2 Feb 2026 7:08 pm
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 aircraft

2 Feb 2026 7:02 pm
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 income resilience

2 Feb 2026 7:01 pm
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 that integrates all agri-tech products and solutions developed by the State and Central governments. What does it mean for farmers? and what are the intricacies involved?

2 Feb 2026 6:48 pm
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 low. Input prices rose moderately, while factory-gate inflation eased to a 22-month low, creating slight margin pressure

2 Feb 2026 6:25 pm
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 government's investment promotion policies

2 Feb 2026 6:13 pm
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 in oilseeds and pulses

2 Feb 2026 6:11 pm
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 Indias coal sector.

2 Feb 2026 6:04 pm
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 September 2023

2 Feb 2026 5:57 pm
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 strength and earnings discipline

2 Feb 2026 5:50 pm
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 locations, leveraging AI-driven, tech-enabled hospitality models

2 Feb 2026 5:42 pm
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 shareholders offering 4-4.5% of the companys equity, according to a private source

2 Feb 2026 5:41 pm
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 interventions, and TReDS procurement reforms

2 Feb 2026 5:30 pm
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 in select financial and healthcare stocks, with Shriram Finance leading the decliners

2 Feb 2026 5:22 pm
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 igneous rocks

2 Feb 2026 5:02 pm
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

2 Feb 2026 5:01 pm
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 oil companies to invest $100 billion in rebuilding the countrys oil infrastructure

2 Feb 2026 4:52 pm
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 rose 1.17% to 81,666.46 and Nifty 50 climbed 1.06% to 25,088.4, led by gains in infrastructure stocks and Reliance Industries. The rupee strengthened 0.51% to 91.51 versus the U.S. dollar.

2 Feb 2026 4:50 pm
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.

2 Feb 2026 4:32 pm
CIAL to become Indias first airport to operate hydrogen-powered buses

Procurement of the buses is scheduled to be completed within 12 months

2 Feb 2026 4:30 pm
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 of India's insolvency regime more closely with the global best practices

2 Feb 2026 4:27 pm
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 from its previous close

2 Feb 2026 4:18 pm
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 transport and infrastructure

2 Feb 2026 4:16 pm
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 crore passengers have travelled on these routes as well

2 Feb 2026 4:03 pm
Budget proposals on fisheries draw flak from traditional fishing communities

The proposals would allow large fishing vessels to operate within Indias Exclusive Economic Zone (EEZ), adversely affecting indigenous fishers and domestic fish production

2 Feb 2026 4:00 pm
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 7.85 lakh crore, above its estimate of 7.75 lakh crore

2 Feb 2026 3:49 pm