India Sets 55.6% Debt-to-GDP Target for FY27

India's government pivots from fiscal deficit to debt-to-GDP ratio as primary fiscal anchor, targeting 55.6% for 2026-27 with medium-term goal of 50% by 2030-31 amid rising borrowing costs.

Gold Price Crash: ₹38,000 Drop from Record Highs on MCX

Gold prices on MCX have fallen sharply by nearly ₹38,000 from record highs, driven by US dollar strength and Fed chair concerns. Analysts advise disciplined allocation as market veterans like Ray Dalio recommend 5-15% gold in portfolios.

Budget 2026: Secondary Market for MSME Invoices via ABS

Finance Minister Nirmala Sitharaman's Budget 2026-27 proposes allowing MSME invoices on TReDS to be packaged as asset-backed securities, creating a secondary market to enhance liquidity and funding avenues for small businesses.

Budget 2024 Boosts GIFT City's Global Hub Status

The Union Budget 2024 announcements have significantly enhanced the attractiveness of Gujarat International Finance Tec-City (GIFT City) as a global financial hub, according to MD Sanjay Kaul. Key measures include tax exemptions and regulatory reforms aim

Cigarette Prices Jump with New Taxes, Internet Reacts

Smokers face sticker shock as cigarettes and tobacco products become more expensive following fresh tax changes effective February 1. The government has imposed additional excise duties and a health cess, sparking widespread reactions online.

Budget 2026: Cigarette Prices Rise Up to Rs 55 Per Pack

The Union Budget 2026 has announced a significant hike in excise duty on cigarettes, leading to price increases of up to Rs 55 per pack. This move aims to boost government revenue and discourage tobacco consumption in India.

Budget 2026: Fiscal Strategy Shift in Turbulent Times

Finance Minister Nirmala Sitharaman's Union Budget 2026 introduces a strategic shift toward reducing public debt while navigating foreign investment outflows and global economic realignments. The budget maintains fiscal discipline with a 4.4% deficit targ

Budget 2026: Items That Got Cheaper & Costlier

Union Budget 2026 brings tariff changes: EVs, medicines, smartphones, and sports goods become cheaper, while luxury imports, alcohol, sin products, and certain fertilisers get costlier.

Budget 2026: IFSC Tax Holiday Doubled to 20 Years

The Union Budget 2026 doubles the tax holiday for IFSC units to 20 years and reduces post-holiday tax to 15%, boosting GIFT City's global competitiveness against hubs like Singapore and Dubai.

Cigarette Prices Rise After New Excise Duty in India

Cigarette prices in India have increased significantly following the implementation of new excise duties, with premium packs now costing Rs 50-55 more. The tax overhaul aims to align with global health norms.

Page 126 of 857