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  • Sensex jumps nearly 540 points on buying in bluechip banks, oil shares
    Sensex jumps nearly 540 points on buying in bluechip banks, oil shares Business
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Category: Business

Business

Government Expects Rs 3.16 Lakh Crore In RBI, Bank Dividends For 2026-27

Posted on February 1, 2026 By admin

The Centre expects Rs 3.16 lakh crore in dividends and surpluses from the Reserve Bank of India, nationalised banks, and financial institutions in 2026-27, up about 3.75 per cent over the current fiscal. During the current fiscal year, as per the Revised Estimate (RE) presented in Parliament, the central government is expected to get about…

Read More “Government Expects Rs 3.16 Lakh Crore In RBI, Bank Dividends For 2026-27” »

Business

Nifty Short-Term Volatility To Continue, Key Support Lies At 24,500-24,300

Posted on February 1, 2026 By admin

The Indian equity benchmarks had a roller coaster special session on budget day, but ended the day in red. Analysts expect short-term volatiliy to persist in the indices.  “On daily charts, it has formed a long bearish candle, and it is currently trading below the 200-day SMA (Simple Moving Average), which is largely negative,” said Shrikant…

Read More “Nifty Short-Term Volatility To Continue, Key Support Lies At 24,500-24,300” »

Business

Bourses Feel STT Hike Effect On Markets To Subside; NSE Says No Impact On IPO

Posted on February 1, 2026 By admin

Markets are used to tweak in taxation and the adverse impact of the steep hike in securities transaction tax (STT) will not last long, leading bourses said on Sunday. NSE, the largest stock exchange, feels that the move to curb volumes will not have any impact on its upcoming initial public offering (IPO) plans, its…

Read More “Bourses Feel STT Hike Effect On Markets To Subside; NSE Says No Impact On IPO” »

Business

Sensex Logged Losses In Over Half Of Presentation Days Since 2014

Posted on February 1, 2026 By admin

In the 15 Union Budget presentation days of the Narendra Modi government since it came to power in 2014, the BSE benchmark Sensex has ended in negative territory eight times. The NDA government, led by Prime Minister Narendra Modi, has so far presented 15 budgets, including two interim budgets ahead of the general elections in…

Read More “Sensex Logged Losses In Over Half Of Presentation Days Since 2014” »

Business

Budget 2026 Shows Our ‘Reforms Express’ Powers On: Piyush Goyal To NDTV

Posted on February 1, 2026 By admin

Commerce and Industry Minister Piyush Goyal called the Union Budget 2026-27 “fabulous” and said that it would prepare Indians to grasp the opportunities that the future will present. The commerce minister said that it was reflective of the speed of change and the comprehensive nature of work being done by new India to face the…

Read More “Budget 2026 Shows Our ‘Reforms Express’ Powers On: Piyush Goyal To NDTV” »

Business

Cigarette Prices Surge Up To Rs 55 Per Pack After Excise Duty Hike

Posted on February 1, 2026 By admin

Cigarette prices have increased by a minimum of Rs 22 to 25 per pack of 10 sticks following the implementation of additional excise duty from Sunday. According to distributors, premium cigarettes of 76 mm length will now cost more between Rs 50 and Rs 55 per pack of 10 sticks, depending on the brand. While…

Read More “Cigarette Prices Surge Up To Rs 55 Per Pack After Excise Duty Hike” »

Business

India Should Become ‘Major AI Hub’, IT Sector’s Pivot Crucial, Says Ashwini Vaishnaw

Posted on February 1, 2026 By admin
India Should Become ‘Major AI Hub’, IT Sector’s Pivot Crucial, Says Ashwini Vaishnaw

India should become a “major AI hub” in coming years, and Indian IT sector’s pivot towards artificial intelligence will be crucial towards this, Union IT and Electronics Minister Ashwini Vaishnaw said on Sunday, hours after the Budget 2026-27 unveiled the launch of India Semiconductor Mission (ISM) 2.0. The ISM 2.0 has been launched to produce equipment…

Read More “India Should Become ‘Major AI Hub’, IT Sector’s Pivot Crucial, Says Ashwini Vaishnaw” »

Business

Budget 2026’s Unusual Bet On Adventure Tourism

Posted on February 1, 2026 By admin

Union Budget 2026 has tints of adventure in it as it not only introduced the standard segments of the economy like manufacturing, personal finance and markets but also incorporated proposals regarding trekking trails, the feline family and turtles. Finance Minister Nirmala Sitharaman recognised that the tourism sector has the potential to play a large role…

Read More “Budget 2026’s Unusual Bet On Adventure Tourism” »

Business

January Auto Sales Updates: Hero MotoCorp Sales Rise 26%; Eicher Motors Domestic Sales Up 24%

Posted on February 1, 2026 By admin

NDTV Profit brings you all the latest numbers from January auto sales. Source link

Business

Carlos Alcaraz Overcomes Novak Djokovic To Become Youngest Man To Complete Career Grand Slam

Posted on February 1, 2026 By admin

Carlos Alcaraz became the youngest man in history to complete a career Grand Slam after capturing the Australian Open 2026 title on Feb. 1, ending Novak Djokovic’s perfect record in Melbourne Park finals. The world no. 1 Spaniard overcame a slow start to defeat the 10-time champion 2-6, 6-2, 6-3, 7-5. Serbia’s Djokovic, chasing an…

Read More “Carlos Alcaraz Overcomes Novak Djokovic To Become Youngest Man To Complete Career Grand Slam” »

Business

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