IBTimes

UKIBC stressed the need for policy certainty, easier regulatory processes, and a level-playing field for international companies to fully benefit from FDI liberalisation. Business leaders have also sought targeted tax incentives, revival of the lower tax rate for manufacturing, and reforms in direct tax dispute resolution with time-bound appeal disposal.

The company's PBT stood at Rs 2,800 crore in Q3 FY26 compared to Rs 2,659 crore in the same period last financial year, supported mainly by lower finance costs and stable operating performance, according to its stock exchange filing.

MCX gold February futures rose 5.99 per cent to Rs 1,75,885 per 10 grams around 10.45 am. Meanwhile, MCX silver March futures rose 4.24 per cent to Rs 4,01,699 per kg.

Bridges, not walls, endure; partners, not sides, define victory. As ratification beckons, India and the EU have scripted a masterclass in strategic interdependence, one that could inspire a fragmented world to rebuild.

The company's momentum during the quarter reflects transformative steps, chief among which is the announcement of the amalgamation of ACC Limited into Ambuja Cements Limited establishing a unified 'One Cement Platform' that will accelerate its growth trajectory, drive operational excellence, improve capital efficiency, reinforce its industry leadership and support long-term value creation.

International markets also saw gold and silver touching records as caution grew due to ongoing policy uncertainty, fresh tariff threats, and criticism of the Federal Reserve from the US administration.

The launch of the New Income Tax Act has certainly been a big step towards a simplified income-tax law, most respondents said, however, when asked where rationalisation is needed most, respondents ranked TDS and TCS compliances followed by the assessment and litigation process, and the capital gains tax regime among top priorities.

Digital banking services, including UPI and internet banking, are likely to continue, though ATM cash availability could face local disruptions. The unions' key demand is the declaration of all Saturdays as bank holidays, a provision included in the 12th Bipartite Settlement signed in March 2024 but yet to be formally notified by the government.

The upcoming Income Tax Act, 2025 is likely to boost transparency and formalise more of the informal economy, as tax collections are now growing faster than nominal GDP, signalling healthier revenue buoyancy.

FPIs not only continued their selling spree in the week ended January 23, but also increased the intensity of their selling. Total FPI selling in the equity market this month (through January 23) stood at Rs 33,598 crore, as per NSDL data. This the highest monthly selling figure since August 2025.

Gold has support at Rs 1,54,650-Rs 1,52,310 zone while resistance at Rs 1,58,850- Rs 1,60,150. Silver has support at Rs 3,20,810 to Rs 3,10,170 zone while resistance at Rs 3,31,810 to Rs 3,37,470 zone, said Rahul Kalantri, VP Commodities, Mehta Equities Ltd.

The Centre has approved wage revisions for PSGIC and NABARD employees and pension hikes for retirees of RBI and NABARD. The move will benefit over 46,000 employees and nearly 47,000 pensioners and family pensioners, with revisions effective from 2022. The decision involves substantial arrears and recurring financial outgo, providing higher pay, improved pensions and enhanced NPS contributions.

Inflation remains within comfort levels, while credit flow to the commercial sector has strengthened. Key reforms in taxation, labour laws, and financial sector deregulation are expected to further boost growth. The RBI also highlighted the robustness of the banking and financial system, noting strong capital buffers, improved asset quality, and resilience to stress scenarios, which together support sustained long-term economic growth.