Revenue Secretary Arvind Shrivastav clarifies that the recent hike in Securities Transaction Tax on futures and options is designed to curb speculative trading and promote long-term investments in India's financial markets.
India's DEA Secretary states that movements in the rupee and gold are being closely monitored, while the recent budget lays a strong foundation for the country's long-term economic growth and stability.
While Union Budget 2026-27 promotes AI and rare earths, Ludhiana's bicycle, textile, and engineering sectors face structural crises, calling it directionless and lacking support for Punjab's manufacturing heartland.
Finance Minister Nirmala Sitharaman presented Union Budget 2026 on Magh Poornima, focusing on students, farmers, women, healthcare, investors, and taxpayers with significant reforms.
Minister Ravneet Singh Bittu calls for full-scale cargo operations at newly inaugurated Halwara Airport to unlock economic potential of Ludhiana, India's industrial hub.
The Indian government anticipates another substantial dividend from the Reserve Bank of India in FY27, with projections of Rs 3.16 lakh crore. Disinvestment receipts are also expected to surge to Rs 80,000 crore, marking a significant increase from the pr
India's Union Budget 2026 eliminates funding for Chabahar port and reduces aid to Bangladesh, while increasing development assistance to Bhutan, Nepal, Maldives, and Mauritius.
Union Minister Piyush Goyal emphasizes Budget 2026's inclusive agenda, focusing on youth, farmers, and MSMEs with a Rs 10,000 crore allocation and infrastructure development.
Finance Minister Nirmala Sitharaman announces massive Rs 12.2 lakh crore allocation for infrastructure in Union Budget 2026, introduces Infrastructure Risk Guarantee Fund to support private developers.
Discover the top 5 cities in India for real estate investment in 2026, including Hyderabad, Bengaluru, Pune, Chennai, and Ahmedabad, based on economic growth and infrastructure development.
Air India has resumed direct flights between Shanghai and Delhi after nearly six years, operating four weekly services with Boeing 787-8 Dreamliners to boost India-China connectivity.
Bengaluru is set to receive bullet train connectivity to Chennai and Hyderabad as part of a new high-speed rail initiative, while Mysuru has been excluded from the initial phase of the project.
Finance Minister Nirmala Sitharaman announces integrated programme with five initiatives to promote globally competitive textiles and achieve self-reliance in natural, man-made, and new-age fibres.
As the 2026 Budget prioritizes manufacturing, India faces the challenge of making this traditional economic engine competitive against the services sector and global trends.
Finance Minister Nirmala Sitharaman proposes taxing share buyback proceeds as capital gains in Budget 2026-27, benefiting minority shareholders with lower tax rates of 12.5%.
Cigarette prices have increased significantly following new excise duties, with popular brands like Wills Navy Cut and Gold Flake Lights seeing hikes of ₹25-55 per pack. Distributors warn of smuggling risks and retail challenges.
Union Budget 2026 proposes simplifying tax compliance for property transactions with non-resident sellers. Resident buyers can now deduct TDS using PAN instead of obtaining TAN, reducing paperwork and speeding up deals.
Bharat Forge Chairman Baba Kalyani applauds Union Budget 2026 for policy continuity, fiscal discipline, and focus on manufacturing, defence, and infrastructure to boost India's economic resilience amid global uncertainties.
Union Budget 2026 allocates historic Rs 2.78 lakh crore to Railways for capital expenditure, announces new dedicated freight corridor between Dankuni and Surat to boost logistics.
Industry leaders across sectors applaud Union Budget 2026 for enhancing India's global competitiveness, promoting industrial self-sufficiency, and boosting infrastructure development to drive economic growth.
Gold and silver prices have plunged dramatically in recent trading sessions, with silver dropping 33.6% and gold falling 20% from record highs. Market analysts attribute the correction to profit booking, a stronger US dollar, and Federal Reserve policy si
India's Union Budget 2026 introduces significant incentives for battery manufacturing, aiming to enhance domestic production, reduce imports, and support the EV ecosystem with new PLI schemes and tax benefits.
Union Budget 2026 proposes key amendments to Sovereign Gold Bonds taxation, restricting capital gains exemptions to original subscribers only. Secondary market buyers will now face taxes, while other investment-related changes bring clarity to employer co
CRISIL Ratings highlights India's strategic focus on asset monetisation to catalyse private sector participation in funding infrastructure projects, reflecting a shift towards sustainable financing models.
India's auto industry began 2026 with robust wholesale deliveries. Mahindra & Mahindra, Tata Motors, Hyundai, and others reported strong growth in January sales, indicating healthy consumer demand.
FICCI President Anant Goenka expresses disappointment with Budget 2026's defence allocations, calling for greater emphasis on technology-driven warfare capabilities and military modernisation.
Moody's Ratings describes India's Union Budget 2026-27 as tactical but not groundbreaking, noting fiscal consolidation won't improve credit profile despite economic growth forecasts.
Mumbai's BMC plans to issue municipal bonds, including blue bonds for water projects, leveraging a Rs 100-crore budget incentive to fund major infrastructure.
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 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.