Union Budget 2026-27 brings significant customs duty revisions affecting personal imports. Luxury watches, electronics get costlier while cancer drugs, laptops see duty cuts. Gold jewelry allowance increased, microwave ovens cheaper.
The Indian government plans to raise Rs 80,000 crore through divestment and asset monetisation in 2026-27, a significant jump from the revised estimate of nearly Rs 34,000 crore.
Gold prices in India have dropped by Rs 4,000 per 10 grams, while silver has crashed by Rs 16,000 per kg, marking the third consecutive day of significant declines in precious metal rates.
Indian stock markets traded flat on Monday after Sunday's sharp Budget-day fall triggered by STT hike. Real estate stocks gained while brokerage, depository, and exchange stocks continued to decline.
Indian rupee strengthened by 18 paise to 91.75 against US dollar in early Monday trade, recovering from last week's weakness. Forex reserves hit record high while FIIs remained net sellers.
Finance Minister Nirmala Sitharaman presents a straightforward Budget 2026-27, emphasizing macroeconomic stability, skill development for youth, and attracting global investment through tax incentives and sectoral reforms.
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.
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 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.
Union Finance Minister Nirmala Sitharaman allows SEZ manufacturers to sell goods domestically at concessional duty rates, aiming to reduce imports and utilize spare capacity.
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 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 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'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.
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.
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.
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.
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.
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 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.
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.
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.
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.
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
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.
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.
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.
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
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.
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.