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The Hindu Businessline

Business / The Hindu Businessline

US-India trade deal effect: Rupee opens over 100p stronger; bond yields thaw

The rupee opened 121 paise stronger at 90.30 per US dollar against the previous close of 91.5125. Currently, it is trading at 90.33

3 Feb 2026 9:42 am
US-India trade deal to benefit businesses, workers, consumers of both countries: US-India Strategic Partnership Forum

The forum notes that such an agreement would help strengthen supply chains and enhance economic resilience in both nations

3 Feb 2026 8:59 am
Gift Nifty indicates 800-point gain for Nifty following US-India trade deal

Export-oriented stocks to remain in focus; Asian stocks, too, up sharply higher

3 Feb 2026 8:46 am
Elon Musks SpaceX buys xAI bringing his other companies under one roof, IPO expected this year

The deal combines several of his offerings, including his AI chatbot Grok, his satellite communications company Starlink, and his social media company X

3 Feb 2026 8:45 am
Why stocks of Tata Steel, Tata Chem, PB Fintech, textile stocks, Vedanta, Unichem Lab, Brigade Hotel, Union Bank, Nexus Select Trust, IRB Infra, Bharat Forge will be in focus today

US-India trade pact to keep apparel and textile stocks such as Gokaldas Exports Ltd., Welspun Living Ltd., KPR Mill Ltd., Indo Count Industries Ltd., in focus today

3 Feb 2026 8:21 am
Stock Market Live Updates Feb 3: Stock to buy today: Mahindra Lifespace Developers (383.15) BUY

Sensex, Nifty updates on 3 February 2026: The short-term outlook is bullish for Mahindra Lifespace Developers. The 4.7 per cent rise on Monday has taken the stock well above 375, a key resistance. It also puts the price back into its earlier bull channel. Cluster of supports are there in the 375-365 region which can limit the downside for now. Mahindra Lifespace Developers share price can rise to 440 in the coming weeks.

3 Feb 2026 7:20 am
India-US trade agreement: The deal will strengthen 'Make in India' endeavours, spur growth: Jaishankar

US to reduce reciprocal tariff on Indian goods to 18% from the current 25% under the trade deal

3 Feb 2026 7:19 am
Industry, market experts laud India-US trade deal as win-win

The deal is expected to boost bilateral trade, improve investor sentiment and strengthen Indias position in global commerce

3 Feb 2026 6:28 am
US-India trade agreement lifts outlook for stocks and rupee; GIFT Nifty jumps 4.5%

Market participants see the accord, combined with a pro-growth Union Budget, as a catalyst for renewed foreign inflows after months of underperformance and record outflows

3 Feb 2026 6:13 am
US and India agree on trade deal, tariffs reduced to 18%

Under the deal, the US will lower reciprocal tariffs on Indian goods from 25% to 18%, while India will gradually eliminate tariffs and non-tariff barriers on US products.

2 Feb 2026 11:33 pm
Businesses want stability, not a disturbed environment, says Nirmala Sitharaman

Finance Minister Nirmala Sitharaman on the nuances of her ninth Budget the proposals and schemes announced, and their implications

2 Feb 2026 11:31 pm
Precious metals complex pares 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 11:20 pm
India revises baggage rules: 40 gms jewellery allowed duty-free with no value cap

Duty-free allowances have also increased: 75,000 for resident Indians and tourists of Indian origin, 25,000 for foreign tourists, and 2,500 for crew members

2 Feb 2026 11:15 pm
Trump spoke with Modi on Monday, says US Ambassador Sergio Gor

US Ambassador to India Sergio Gor confirmed the interaction with a short message, saying, President Trump just spoke with Prime Minister Modi. STAY TUNED.

2 Feb 2026 10:36 pm
An aspirational Defence Budget

The boost to capital spending in this yearsdefencebudget underscores emphasis on modernization, indigenization and readiness.

2 Feb 2026 9:41 pm
Trillion-dollar investmentslikely to come intodatacentersector

The doubling down on our indigenous capabilities through India Semiconductor Mission 2.0, with an increased outlay of 40,000 crore, is a masterstroke

2 Feb 2026 9:30 pm
Union Budget 2026 and the next stage of Indias economic transformation

Budget 2026 drives long-term economic growth through infrastructure, urban transformation, and capital market development.

2 Feb 2026 9:23 pm
e4W registrations surge 63% in January; VinFast, Maruti shake up EV market

Mahindra Electrics market share zooms in January 2026

2 Feb 2026 9:23 pm
A future-ready healthcare system: What theUnion budget gotright and what comes next

Budget 2026 reinforces this vision by strengthening district hospitals and expanding emergency and trauma care capacity

2 Feb 2026 9:17 pm
Duty cut on personal imports to aid more cross-border e-commerce

The move applies to items brought into the country by international travellers as well as goods ordered online from overseas for personal consumption segments that earlier faced relatively high levies

2 Feb 2026 9:14 pm
Air India pilot reports fuel switch defect in Boeing 787, aircraft grounded

Air India said it has asked Boeing to get the pilots concerns checked on a priority basis

2 Feb 2026 9:11 pm
Relaxation to SEZ units on domestic sales will be a limited-time window : Revenue Secretary

Necessary regulatory changes will be undertaken to operationalise these measures, while ensuring a level playing field for units working outside these zones

2 Feb 2026 9:08 pm
Instilling long-term structural confidence

By signalling policy support for these creative and live entertainment sectors, the Budget acknowledges their growing economic contribution.

2 Feb 2026 9:05 pm
Exporters on guard as duty remission funds slashed for FY27

Hopeful funding for RoDTEP, RoSCTL will be increased in revised estimate stage after review of schemes

2 Feb 2026 9:02 pm
Experts welcome budget boost to veterinary infra, seek attention on animal health, nutrition

Government trying to curb diseases and improving yield by various measures, they say

2 Feb 2026 9:02 pm
Kashmir apple farmers bet on storage amid climate change, market uncertainty

Traditionally, farmers sold their produce within days of harvest at wholesale markets outside Kashmir. However, changing climate patterns and rising input costs have disrupted that cycle

2 Feb 2026 8:50 pm
Domestic fertilizers take centre stage in budget

Focus on domestic fertilizer production and deep-tech initiatives will help strengthen industry, say stakeholders

2 Feb 2026 8:48 pm
Union Budget 2026: Strengthening the conditions for sustainable growth

Stronger digital and logistics rails help products move faster and more efficiently

2 Feb 2026 8:41 pm
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
Centres focus on sports goods sectors will strengthen sporting ecosystem

By designing and producing sports equipment in India, we aim to make high-quality sport accessible to communities across the country : Decathlon India

2 Feb 2026 8:28 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