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.
Category : Business
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.
STT Hike in Budget 2026 Triggers 2% Market Slump
Indian stock markets plunged 2% as Budget 2026-27 proposed higher Securities Transaction Tax on F&O trading. Sensex fell 1.9%, Nifty posted second-biggest budget-day drop since 2014.
Budget 2026: Manufacturing Push Amid Global Headwinds
Union Budget 2026-27 focuses on strengthening Indian manufacturing with increased outlays for electronics, pharma, textiles, and capital goods to enhance production and export competitiveness.
Budget 2026: TCS Rate Reduced to 2% for Overseas Expenses
Finance Minister Nirmala Sitharaman announces reduction in Tax Collected at Source (TCS) from 5%/20% to 2% for foreign education, medical treatment, and overseas tour packages under LRS.
Budget 2026: Uniform 15.5% Tax Margin for Overseas Tech Firms in India
The Union Budget 2026-27 introduces a fixed 15.5% profit margin tax for IT services firms and GCCs, replacing multiple categories to reduce disputes and boost investment certainty in India's tech sector.
Centre to Promote Coconut, Cashew, Cocoa & Sandalwood
The Indian government announces initiatives to promote coconut, cashew, cocoa, and sandalwood cultivation in South India, aiming to diversify agriculture and create jobs.
Air India Resumes Direct Shanghai-Delhi Flights
Air India has restarted direct flights between Shanghai and New Delhi after nearly six years, enhancing India-China connectivity and boosting business travel.
Budget 2025: TRS, Municipal Bonds to Deepen Corporate Debt Market
Finance Minister Nirmala Sitharaman's budget introduces Total Return Swaps for corporate bonds and ₹100 crore incentive for large municipal issuances to boost market liquidity and infrastructure funding.
India Lowers Import Barriers in Budget 2026
Finance Minister Nirmala Sitharaman announces reduction in customs duties and import barriers in Union Budget 2026 to counter US tariffs under Donald Trump's administration.
Budget 2026: FM Sitharaman's 9th Consecutive Economic Blueprint
Finance Minister Nirmala Sitharaman presented her ninth consecutive Union Budget on February 1, 2026, focusing on youth-driven economic reforms, employment generation, and growth acceleration through comprehensive policy measures.
Capgemini Divests ICE-Linked Unit After Killings Outrage
French IT giant Capgemini announces immediate divestiture of subsidiary contracted by US ICE agency following global condemnation over two deaths during operations in Minneapolis.
Budget 2026: What Citizens and Businesses Should Know
India's Budget 2026 reduces prices on essentials like EVs and medicines while increasing duties on luxury imports, balancing consumer relief with industrial growth.
Market Crash Erases Rs 9.40 Lakh Crore Investor Wealth
Heavy selling pressure in Indian stock markets led to a massive erosion of Rs 9.40 lakh crore in market capitalisation of BSE-listed companies in just one trading session.
Brokerage Stocks Crash 12% on Budget STT Hike Proposal
Shares of brokerage and exchange firms tumbled sharply after Finance Minister Nirmala Sitharaman proposed increasing Securities Transaction Tax on derivatives in Union Budget 2026-27 to curb excessive speculation.
Budget 2026: No Income Tax Changes, New ITR Deadlines
The Union Budget 2026 maintains existing income tax slabs and rates while introducing new ITR filing deadlines. In sports, Carlos Alcaraz wins his first Australian Open title.
Budget 2026: Record Borrowing Worries Bond Markets
Finance Minister Nirmala Sitharaman's Union Budget 2026 proposes record ₹17.2 lakh crore borrowing, raising concerns about bond yields despite fiscal consolidation targets.
Budget 2026: Stock Market Faces Cautious Opening
Indian stock markets are expected to open cautiously on February 2 as investors digest Budget 2026 announcements, including a sharp STT hike on derivatives, alongside weak global cues. Technical levels and market sentiment analysis.
Budget 2026: Price Changes - Cheaper & Costlier Items
Finance Minister Nirmala Sitharaman's Union Budget 2026-27 brings price relief on leather goods, cancer drugs, seafood, and more, while increasing costs for tobacco, alcohol, and certain minerals.
Budget 2026: Customs Duty Exemptions to Boost EV Infrastructure
Automobile industry body SIAM welcomes Union Budget 2026-27 proposals extending customs duty exemptions for lithium-ion battery manufacturing, calling it crucial for creating a robust electric vehicle ecosystem in India.
NSE Adopts T-1 Method for Silver ETF Circuits
The National Stock Exchange changed silver ETF circuit computation to T-1 from T-2 after confusion over Friday's closing prices. The move addressed discrepancies as silver prices plunged dramatically.
Retail Investors Turn Selective Ahead of Budget 2026
Retail investors became net sellers before Budget 2026, with 55% of companies seeing shareholding drops. Slower earnings and global uncertainty drove selective investing, marking a shift from previous years' herd behavior.
India's FY26 Growth: 7.4% GDP, Tax Reforms & Viksit Bharat
India's Economic Survey 2025-26 projects 7.4% GDP growth in FY26, driven by 350+ reforms. Budget 2026 outlines a growth-focused roadmap with tax clarifications, MSME support, and infrastructure expansion.
Gold Prices Crash ₹44,000: Fed Nomination, Dollar Strength Trigger Sell-off
Gold prices on MCX have crashed nearly ₹44,594 per 10 grams from recent peaks, marking one of the biggest declines in recent history. The sell-off was triggered by Kevin Warsh's Fed nomination, a firm US dollar, margin hikes, and profit booking.
Q3 Results 2026: SBI, LIC, Airtel Among 680 Firms to Declare Earnings
The earnings season intensifies as 680 companies, including State Bank of India, LIC, Bharti Airtel, and Adani Enterprises, are set to announce Q3 results for December 2025. Analysts expect volatile markets but see earnings driving momentum ahead.
Budget 2026: 7 Strategic Sectors Get Manufacturing Push
Finance Minister Nirmala Sitharaman unveils targeted manufacturing strategy focusing on biopharmaceuticals, semiconductors, electronics, rare earth magnets, chemicals, capital goods and textiles to boost jobs and domestic value addition.
Budget 2026: Sebi, RBI, Govt Boost Bond Market with New Measures
Finance Minister Nirmala Sitharaman announced key measures in Union Budget 2026 to strengthen India's bond market. Initiatives include a market-making framework for corporate bonds, total return swaps, and ₹100 crore incentives for large municipal bond is
Budget 2026: India's Economic Growth Strategy Unveiled
India's Budget 2026 balances consumer relief with revenue generation, cutting prices on essentials while raising duties on luxury imports to boost domestic production and economic resilience.
STT Hike Sparks Market Crash: Sensex Plunges Below 80,000
Indian stock markets witnessed a sharp sell-off as the proposed hike in Securities Transaction Tax on futures contracts dampened investor sentiment. The BSE Sensex crashed nearly 3%, falling below the crucial 80,000 mark in afternoon trading.
Budget 2026-27: No Tax Rate Changes, Compliance Simplified
Union Budget 2026-27 maintains income tax rates but introduces significant reforms: simplified filing forms, extended deadlines, rationalized penalties, and new immunity options for taxpayers.
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