Rupee Rises 37 Paise to 91.56 Against US Dollar in Early Trade
The Indian rupee appreciated by 37 paise to 91.56 against the US dollar in early trade, driven by positive domestic equity trends and foreign fund inflows.
Category : Business
Fitch: India's FY27 Budget Shows Macro Stability Commitment
Fitch Ratings says India's FY27 budget demonstrates commitment to macro stability through gradual debt reduction and robust capital expenditure to enhance growth prospects.
MIC Electronics Stock Hits Upper Circuit After Q3 Results
MIC Electronics share price surged 5% to ₹42.82 after Q3 results showed 667% revenue growth but profit decline. The small-cap stock faces margin pressure despite major contract wins.
SEZ Units Get Duty Concession for Domestic Sales in Budget 2026
Union Finance Minister Nirmala Sitharaman allows SEZ manufacturers to sell goods domestically at concessional duty rates, aiming to reduce imports and utilize spare capacity.
Budget 2026: Transfer Pricing Reforms for GCCs, 15.5% Rate
Finance Minister's Budget 2026 introduces key transfer pricing measures to attract Global Capability Centres, expanding safe harbour threshold to Rs 2,000 crore and lowering margin to 15.5%.
Volkswagen India to Launch 5 New Cars in 2026
Volkswagen India has unveiled an aggressive product strategy for CY2026, confirming five new model launches including the Tayron R-Line SUV, facelifts, and the electric ID Polo.
Gold Rate Today: 24K at ₹15,153/Gram; City-Wise Prices
Gold prices in India declined on February 2, 2026, with 24K gold at ₹15,153 per gram. Check updated rates for 18K, 22K, and 24K gold across major cities like Chennai, Mumbai, Delhi, and more.
India Exempts Apple from Tax on Manufacturing Equipment
India's government has announced a 5-year tax exemption for foreign companies providing machinery to contract manufacturers, a major win for Apple's expansion plans in the country.
Musk's IMF Chart Reaction Gets Indian Ministers' Response
Union ministers Nirmala Sitharaman and Kiren Rijiju responded to Elon Musk's reaction to IMF data showing India as second-largest contributor to global GDP growth after China.
Rupee Gains 40 Paise vs Dollar Post RBI Move, Budget Reaction
The Indian rupee strengthened by over 40 paise against the US dollar on Monday, February 2, following suspected RBI intervention. This comes after the Union Budget announced higher government borrowing but maintained fiscal discipline.
SEZ Units Get Duty Concessions for Domestic Sales in Budget 2026
Finance Minister Nirmala Sitharaman allows SEZ manufacturers to sell goods domestically at concessional duty rates to reduce imports and utilize spare capacity, with norms expected soon.
Evolution of India's Tax Revenue Sharing Formula
Analysis of how Finance Commissions from 11th to 16th have shifted criteria for distributing central tax revenues among states, moving from population-based metrics to include GDP contribution and ecological factors.
Budget 2026 Customs Reforms: Tariff Cuts, Digital Push
Union Budget 2026 introduces major Customs and excise reforms, including tariff cuts on personal imports, digital clearance systems, and warehouse reforms to boost trade competitiveness and ease of living.
Hannah Joseph IPO Lists at 7.6% Discount on BSE SME
Hannah Joseph Hospital Limited's IPO made a weak debut, listing at ₹65 on BSE SME, a 7.6% discount to its issue price of ₹70. The ₹42 crore fresh issue was subscribed 1.41 times overall.
Bond Yields Hit 1-Year High: Impact on Stock Market
Indian government bond yields jumped to 6.78%, highest since January 2025, after budget revealed higher borrowing. Rising yields could pressure stocks through increased borrowing costs and limited RBI intervention.
Sensex, Nifty Rebound After Budget Day Fall
Indian stock markets showed resilience as the BSE Sensex and NSE Nifty bounced back in early trade on February 2, 2026, recovering from sharp declines witnessed on Budget day.
Indians Invest Overseas: LRS Rules & Tax Guide
Indian residents are increasingly buying property abroad using RBI's LRS scheme. Learn about $250,000 annual limit, tax rules for rental income, capital gains, and how to avoid double taxation through FTC.
Nifty, Sensex Recover After Budget STT Hike Shock
Indian equity markets staged a measured recovery on Monday after Sunday's sharp Budget-day selloff triggered by higher Securities Transaction Tax on derivatives trades. Analysts see the initial reaction as a knee-jerk response to discourage risky retail F
Nifty Up 0.3%, Sensex Gains 372 Points in Monday Opening
Indian stock markets rebounded on Monday with Nifty gaining 0.3% and Sensex jumping 372 points in opening trade, recovering from the heavy post-budget selloff witnessed last week.
Wonder Secures $12M Venture Debt from HSBC for Expansion
Indian startup Wonder raises $12 million venture debt from HSBC Innovation Banking to fuel growth and expansion plans, enhancing its market position in the competitive business landscape.
Budget 2026-27 Makes Manufacturing Central to India's Growth Strategy
Union Budget 2026-27 establishes manufacturing as India's strategic growth pillar with ₹50,000 crore in sectoral initiatives, customs reforms, and cluster development to enhance global competitiveness amid supply chain realignments.
India's Growth Needs Modern ERP Systems for Digital Economy
As India accelerates toward becoming a developed economy, businesses require robust digital foundations. This article explores why next-generation ERP systems, integrated with AI and India's digital infrastructure, are essential for thriving in this trans
ULIP Taxation Rules: Capital Gains Treatment Explained
Income from ULIP redemptions not exempt under Section 10(10D) will be taxed as capital gains, aligning with equity mutual fund rules. Learn about set-off provisions and loss carry-forward.
Budget 2026: Rs 10,000 Cr SME Fund, TReDS Boost for MSMEs
Finance Minister Nirmala Sitharaman announced a comprehensive three-pronged strategy focusing on equity, liquidity, and professional support to transform MSMEs into 'Champions' in Budget 2026-27.
India Central To Global Growth: FM Sitharaman
Finance Minister Nirmala Sitharaman highlights India's 17% contribution to global GDP growth, citing Elon Musk's IMF repost. She emphasizes data-backed economic strength and outlines reforms to bridge gap with China.
VinFast Electric Scooter Expansion Targets India, Southeast Asia
VinFast announces ambitious global growth plan for electric scooters, prioritizing India, Philippines, Indonesia, Thailand, and Malaysia with battery-swapping models and retail expansion by 2027.
RBI Office Attendant 2026: 572 Posts, Apply Online
RBI invites applications for 572 Office Attendant vacancies across regional offices. Class 10 pass candidates can apply online by February 4, 2026. Selection includes online test and language proficiency test.
Sensex, Nifty Recover in Early Trade After STT Proposal
Indian benchmark indices Sensex and Nifty show recovery in early trade, climbing 302 points and 59.25 points respectively, following sharp declines after Finance Minister's STT proposal.
STT Hike Aims to Curb Speculation, FM Details Fiscal Plan
Finance Minister Nirmala Sitharaman explains the STT increase targets high-risk F&O speculation, while outlining gradual fiscal deficit reduction and banking reforms for steady economic growth.
Rent vs Buy: Tax Benefits & Budget 2026 Impact in India
Comprehensive analysis of renting versus buying property in India post-Budget 2026. Compare HRA exemptions, home loan deductions, tax regimes, and financial implications for informed housing decisions.
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