Category: Business

Business

Budget 2026 Not so poll-driven, but signals focus on global headwinds

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Budget 2026 Not so poll-driven, but signals focus on global headwinds

Union Finance Minister Nirmala Sitharaman addresses a press conference after the presentation of the ‘Union Budget 2026-27’ | Photo Credit: PTI In a year when four States and one Union Territory — Tamil Nadu, Kerala, Assam, West Bengal and Puducherry — are headed for Assembly elections, expectations around the Union Budget, at least in political…

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Watch: Union Budget 2026 | Key takeaways

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Watch: Union Budget 2026 | Key takeaways

Finance Minister Nirmala Sitharaman on Sunday (February 1, 2026) announced a slew of measures to boost manufacturing, a tax holiday for global data centres, and incentives for the agriculture and tourism sectors as she unveiled a ₹53.5 lakh crore Budget seen as a long-term blueprint for sustaining growth amid rising global risks. Edit: Naveen Published…

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Wall Street Opens Lower On Commodity Rout, Nasdaq Down Over 100 Points

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US Stock Market Today: Wall Street’s main indexes opened lower on Monday, Feb. 2, after a violent selloff in precious metals unsettled investors at the start of a week packed with corporate earnings and major economic data. The Dow Jones Industrial Average pulled back 143 points, or 0.3%. Bitcoin dropped below $80,000 for the first time since April,…

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Government proposes to exempt award given by Motor Accident Claims Tribunal from income tax

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Government proposes to exempt award given by Motor Accident Claims Tribunal from income tax

Finance Minister Nirmala Sitahraman on Sunday (February 1, 2026) proposed a tax exemption on awards given by the Motor Accident Claims Tribunal in the Union Budget 2026-27. According to the Budget document, the provisions of the Motor Vehicles Act, 1988, inter alia, provide for compensation and an interest on the compensation to be awarded by…

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Budget 2026-27 | Three of seven high-speed rail corridors to connect Hyderabad

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Budget 2026-27 | Three of seven high-speed rail corridors to connect Hyderabad

Proposed high-speed rail corridors connect Hyderabad with three cities. The image is used for representative purposes only. | Photo Credit: NAGARA GOPAL Three of the seven high-speed rail corridors announced in the Union Budget 2026-27, connect Hyderabad. They are Hyderabad-Bengaluru, Hyderabad-Chennai and Pune-Hyderabad. The remaining four are  Mumbai-Pune, Chennai-Bengaluru, Delhi-Varanasi and Varanasi-Siliguri. Also read: Union…

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Budget moots comprehensive review of financial sector, PFC, REC to be restructured

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Budget moots comprehensive review of financial sector, PFC, REC to be restructured

Image used for representational purposes only. | Photo Credit: Getty Images/iStockphoto The Indian banking sector is heading for a major change with the Finance Minister Nirmala Sitharaman proposing to set up a ‘High Level Committee on Banking for Viksit Bharat’ to enable this sector lend differently.  She said the committee will comprehensively review the financial…

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Union Budget 2026: Taxes – The Hindu

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Union Budget 2026: Taxes – The Hindu

As a growing economy, India must remain deeply integrated with the global markets, exporting more, and attracting stable long-term investments, Finance Minister Nirmala Sitharaman said on Sunday (February 1, 2026). In her Budget speech, Ms. Sitharaman said the Customs Integrated System will be rolled out in two years as a single, integrated and scalable platform…

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Business

Budget seeks to attract global business and investment providing fillip to toll manufacturing, MAT exemptions

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Budget seeks to attract global business and investment providing fillip to toll manufacturing, MAT exemptions

Photo used for representation purpose only. | Photo Credit: Getty Images/iStockphoto Seeking to attract global business and investment into India, Union Finance Minister Nirmala Sitharaman in her budget presentation Sunday (February 1, 2026), among other things, providing a fillip to toll manufacturing in the country proposed exempting non-residents from paying income tax for five years….

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