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The Hindu Businessline

Economy / The Hindu Businessline

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
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
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
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
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
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
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
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
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
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
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
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
National Fibre Scheme to boost exports, says MATEXIL

Scheme to help achieve export target of $100 billion by 2030, says MATEXIL Chairman Shaleen Toshniwal

2 Feb 2026 3:34 pm
IIT Madras and Daimler to develop universal driver rating system

The initiative aims to create a digital public infrastructure enabling nationwide adoption for driving assessment, insurance evaluation and background verification

2 Feb 2026 3:23 pm
IIT Bombay develops cruelty-free silk production method that saves silkworms

Supported by Coal India under its CSR initiative, the three-year pilot project, Jeevodaya, trains silkworms to lay silk threads on flat surfaces instead of forming cocoons

2 Feb 2026 3:15 pm
Jaishankar heads to US for critical minerals ministerial

The external affairs minister will hold talks with top US administration officials; favourable provisions in FY27 Budget could bolster efforts to fast-track bilateral trade agreement

2 Feb 2026 2:42 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
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
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
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