Rathi Steel Hits Record INR 77.45 Crore Sales in 2026
Rathi Steel and Power Limited has started 2026 with a remarkable sales achievement of INR 77.45 crore, marking a significant milestone in its business operations and financial performance.
Category : Business
Disney Beats Estimates as Parks Hit Record $10B Sales
Walt Disney Co. exceeded fiscal Q1 expectations with record $10 billion revenue from parks and cruises, while entertainment profits declined. Shares rose 4.2% premarket.
India's Income Tax: New Default vs Old Regime
India's income tax system now defaults to the new regime with lower rates but fewer exemptions, while the old regime continues with deductions like HRA, LTA, and housing loan interest.
India Post GDS 2026: 28,740 Posts, Apply Online
India Post has launched Gramin Dak Sevak recruitment for 2026 with 28,740 vacancies across 23 postal circles. Applications open January 31, 2026. Check eligibility, salary details.
India May Raise FDI Limit in PSBs to 49% for Foreign Investment
The government is considering increasing the FDI limit in public sector banks from 20% to up to 49% to attract foreign investors, boost capital, and create larger banks. The move aims to support India's economic growth toward Vision 2047.
CBDT Guidelines to Get Statutory Backing, Binding on Taxpayers
The finance bill proposes statutory backing for CBDT guidelines, making them binding on taxpayers for tax deduction and collection, reducing disputes but limiting flexibility.
Budget 2026: Auto Sector Gets EV, Localization Boost
Budget 2026 reinforces India's automobile and auto-components sector priorities with policy continuity for clean mobility, tariff simplification, and extended customs reliefs to enhance domestic manufacturing and supply chain resilience.
Budget Reforms Transfer Pricing: 15.5% IT Margin, Faster APAs
India's Budget introduces major transfer pricing reforms, consolidating IT services under a 15.5% safe harbour margin and fast-tracking APAs to reduce disputes and attract MNCs.
Maersk to Expand in UP, CM Yogi Promises Investor-Friendly Policies
Singapore-based AP Moller-Maersk plans to expand operations in Uttar Pradesh, with CM Yogi Adityanath ensuring land, connectivity, and policy support for investors.
Temple Proximity Homes Appreciate Rapidly, Aanandam Valley Leads
Properties located near temples in India are witnessing rapid appreciation in value, with Aanandam Valley leading the trend. This surge is driven by cultural significance and high demand.
Hybrid Work Hiring Crisis: Fake Credentials & AI Fraud
Genius HRTech report reveals 74% employers cite fake degrees as top hiring risk in remote era. 77% fear AI-generated fraud as verification systems fail borderless workforce.
Sensex, Nifty Rebound Sharply After Budget Day Decline
Indian stock markets recovered sharply on Monday with Sensex gaining 943 points and Nifty rising 263 points. The rebound came after heavy selling during Budget day amid STT hike concerns.
Accretion Nutraveda IPO Allotment Status Announced
Accretion Nutraveda IPO allotment status is being announced today, February 4. The SME offer was oversubscribed 1.83 times. Learn how to check allotment status online.
Toyota India Sales Up 15% in Jan 2026, Unveils New EV
Toyota Kirloskar Motor achieved 33,880 unit sales in January 2026, marking 15% year-on-year growth. Domestic sales surged 17% to 30,630 units, while exports rose 2%. The company launched the all-electric Urban Cruiser Ebella with advanced features.
Sitharaman: US Tariffs Not Linked to Budget Duty Changes
Finance Minister Nirmala Sitharaman clarifies that India's recent customs duty reforms in the budget are independent of US tariff policies, emphasizing domestic economic strategy.
Busworld & Yashobhoomi Hold Talks in Belgium for India Expansion
Busworld and the operator of Yashobhoomi held strategic C-level talks in Belgium, eyeing expansion into India from 2028. The discussions focused on leveraging India's growing mobility sector.
Mercedes-Benz CLA Electric India Launch Confirmed for April 2026
Mercedes-Benz announces the India launch of its all-new CLA electric sedan in April 2026. The premium EV will feature two powertrain options with up to 792 km range, 800V fast charging, and advanced MBUX Superscreen technology.
FICCI: Budget 2026 is Coherent Economic Plan, Not Just Announcements
FICCI Director General analyzes Union Budget 2026, highlighting its coherent framework of reform continuity, infrastructure investment, fiscal discipline and sectoral focus to strengthen India's economy amid global challenges.
Iran Tensions: Limited India Impact, But Oil & Gold Volatility
Middle East tensions with Iran have limited direct impact on India's economy due to low trade exposure, but cause crude oil price volatility and haven metal surges. Indian markets face pressure from geopolitical risks, currency depreciation, and FII selli
Nestle India's Premium Valuation Backed by Strong Q3 Growth
Nestle India shares approach 52-week high after Q3FY26 results show strongest volume growth in 5 years. Company benefits from GST reduction, strategic ad spending, and favorable commodity trends.
Morgan Stanley Overweight on Indian Equities After Budget 2026
Global brokerage Morgan Stanley remains overweight on Indian equities following Union Budget 2026 announcements, citing balanced fiscal consolidation with growth support through capex and structural reforms.
Quick Commerce's Bulk Buying Strategy Faces Profitability Test
Swiggy Instamart and Zepto push bulk purchases to boost order values, but analysts warn deep discounts may undermine margins despite early traction in India's competitive quick commerce market.
IBC Amendment Bill Set for March, Targets Faster Insolvency
Finance Minister Nirmala Sitharaman announces plans to introduce the Insolvency and Bankruptcy Code (Amendment) Bill, 2025 in the second half of the Budget session starting March 9, aiming to enhance timelines and align with global practices.
Budget 2026: Self-Reliance Key to India's Economic Rise
India's path to becoming the world's third largest economy hinges on strategic self-reliance, as highlighted in the latest budget analysis and economic discussions.
Gold Rebounds to Rs 1.48 Lakh, Silver Extends Losses
Gold futures on MCX recovered to Rs 1.48 lakh per 10 grams after an early plunge of 7.2%, while silver prices continued their downward trend in commodity market trading.
Bajaj Housing Finance Q3 PAT Jumps 21% to Rs 665 Crore
Bajaj Housing Finance reports strong Q3 FY25 results with a 21% YoY surge in profit after tax to Rs 665 crore and a 19% rise in net interest income, driven by robust loan growth and improved asset quality.
Sensex Jumps 1.17% in Post-Budget Recovery Rally
Indian stock markets witnessed a robust recovery with the BSE Sensex surging over 1% following value buying after the previous day's Budget-related decline. The benchmark index gained 943 points to close at 81,666.
Rupee Rises 42 Paise to 91.51 vs US Dollar
The Indian rupee appreciated by 42 paise against the US dollar, closing at 91.51. This rise is attributed to positive domestic equity trends and foreign fund inflows.
Mumbai Metro Line 6: 15-km Elevated Corridor to Transform Commute
Mumbai Metro Line 6, a 15.31-km elevated corridor from Swami Samarth Nagar to Vikhroli with 13 stations, is over 75% complete. It will enhance east-west connectivity, reduce travel time, and integrate with existing rail networks.
Australian Almonds Launch Recipe Book at Mewa India 2026
Australian almonds showcased a new recipe and nutrition book at Mewa India 2026, highlighting health benefits and culinary uses to boost market presence in India.
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