MG Majestor SUV Teased, Launch on Feb 12, 2026

MG Motor India has released new teasers for its upcoming flagship SUV, the Majestor, set for unveiling on February 12, 2026. The SUV features bold design, premium features, and a powerful diesel engine.

Pune Proposes 10% Tax Hike to Offset Rs 255 Crore Loss

Pune Municipal Corporation proposes 10% property tax hike to compensate for Rs 255 crore revenue loss from election promise of tax exemption for homes under 500 sq ft. Administration cites eight-year gap since last increase.

Gold Prices Crash 6% on MCX, Hit Lower Circuit Limit

Gold prices tumbled sharply on Monday, extending losses for the third straight day on MCX. The yellow metal fell by 6%, losing nearly Rs 9,700 per 10 grams, while silver futures also declined significantly.

Amazon Cuts 16,000 Jobs, Pushes AI and Tech for Future

Amazon has eliminated 16,000 corporate roles in its second major layoff round within six months. Leadership emphasizes using technology to simplify work and drive customer value while supporting remaining staff.

STT Hike to Shift Futures Traders to Options

Budget 2026's STT increase makes futures trading significantly costlier than options, prompting traders to shift strategies to maintain profitability in derivatives markets.

Animal Import Tax in Budget 2026 to Affect Zoos

The Union Budget 2026 introduces a new animal import tax that will significantly impact zoos and wildlife rehabilitation centres across India, including Anant Ambani's facility.

SBI Launches Chakra Centre for Sunrise Sector Finance

State Bank of India has inaugurated the Chakra Centre of Excellence, a dedicated initiative to provide financial support and expertise to emerging sunrise sectors, boosting innovation and economic growth.

Gold, Silver Rates Crash: MCX Sees Sharp Decline

Gold and silver prices fell sharply on Monday, with MCX gold down 6% and silver tumbling 12%. The selloff follows global weakness and a stronger US dollar, erasing early 2024 gains.

FM: Sustaining 7-8% Growth is Top Priority

Finance Minister Nirmala Sitharaman emphasizes that maintaining 7-8% economic growth is the government's foremost priority. She also highlights the increasing recognition of women's efficiency in the workforce.

Hyundai India Q3 Profit Up 6.3% to ₹12,344 Crore

Hyundai Motor India reports strong Q3FY26 results with net profit rising 6.3% to ₹12,344 crore and revenue increasing 8% to ₹1,79,734.87 crore, reflecting robust performance in the Indian automotive market.

RBI Ends Rate Cuts, Faces Liquidity Challenge

With repo rate cuts totaling 125 bps likely concluded, RBI's MPC shifts focus to banking system liquidity. Growth at 7% and rebounding inflation create a complex monetary policy landscape requiring careful management.

Budget 2026: Stability for Savers, No Major Tax Changes

Budget 2026 brings continuity for investors with no disruptive tax changes. Analysis covers STT hikes, SGB tax tweaks, and why stability matters more than flashy announcements for long-term wealth building.

Sreedharan Pushes Kerala Rail Plan Despite Budget Omission

E. Sreedharan inaugurates project office for Kerala's high-speed rail corridor, moving forward despite the initiative not being mentioned in the recent Union Budget. The office will serve as a public contact point for queries and concerns.

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