Category: Business

Business

Budget’s Focus On Mental Health, Cheaper Cancer Medicines Gets Thumbs Up From Doctors

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From mental health infrastructure and regional medical hubs to biopharma manufacturing, caregiver training and cheaper cancer medicines, Delhi-based doctors and healthcare leaders on Sunday welcomed the measures listed in Union Budget 2026-27. They said these will strengthen access, affordability and long-term capacity in the healthcare system. The Union Budget has raised allocation for the healthcare…

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Centre Announces One-Time Measure To Allow Special Economic Zone Units To Sell Goods In Domestic Market At Concessional Duty

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The government on Sunday announced that one-time measure to allow special economic zone units to sell their goods in the domestic market at concessional import duty rates, subject to certain quantitative restrictions. It was a long-pending demand of these zones as they were not able to push exports of their excess production due to global…

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

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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…

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

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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…

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

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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…

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Sensex Logged Losses In Over Half Of Presentation Days Since 2014

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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…

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

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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…

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

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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…

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

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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…

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Budget 2026’s Unusual Bet On Adventure Tourism

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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…

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