Business News, Market Insights & Financial Updates

Digital labour platforms – like fast food delivery and cab hailing services – are having a dramatic impact on people's labour rights and working conditions around the world. In western countries like the UK and the US, their rise has intensified a process of labour casualisation already

4 hours ago

Brussels would be "open‑minded" about discussing closer trade ties with the UK, including the possibility of working together on a customs union, the European Commissioner for finance has told the BBC. Valdis Dombrovskis said the bloc was "ready to engage" if the UK wanted to explore the move

4 hours ago

The announcement by US President Donald Trump to cut its reciprocal tariff on Indian goods to 18% marks a meaningful shift in India's export competitiveness. For several Indian export categories, the India-US trade deal is expected to provide a major relief

4 hours ago

The rupee gained 42 paise to close at 91.51 (provisional) against the U.S. dollar on Monday (February 2, 2026), a day after the Union Budget 2026-27 was presented, largely as crude oil prices retreated from their elevated levels. Also Read | Rupee hits all-time low of 92 against U.S

1 days ago

The Union Budget 2026 has proposed a significant change that directly affects investors who borrow funds to invest in dividend-paying stocks or mutual funds. The proposal removes the existing tax benefit that allowed investors to claim a deduction on interest paid for such borrowings

1 days ago

The report from Crisil Intelligence said the focus is shifting to the long term—with reforms, improving ease of doing business, and inclusive growth getting centre stage. New Delhi: Union Budget 2026–27 kept a "long‑term vision at the forefront" by increasing capital expenditure

1 days ago

The global ratings anticipates that these growth rates continue to place India above sovereign peers at similar income levels and should continue to support fiscal revenue increase. New Delhi: Robust consumer spending and public investments will maintain India's real GDP growth at 6

1 days ago

Gold and silver prices have continued to fall after a dramatic reversal of a rally that had pushed precious metals to record highs. Spot gold prices fell nearly 10% at one point while silver slumped by 15% before both metals recovered some ground

1 days ago

MIC Electronics Share Price: MIC Electronics, a smallcap company which primarily serves to Indian Railways, has announced its results for the third quarter of current financial year (Q3 FY26). The company said that its consolidated net profit stood at Rs 1.88 crore in the quarter

1 days ago

Gold and silver prices have continued to fall after a dramatic reversal of a rally that had pushed precious metals to record highs. In Asia trade on Monday, spot gold prices fell more than 9% to $4,403 (£3,222) an ounce, while silver slumped by 15% to less than $72 an ounce

1 days ago

The rupee gained 37 paise to 91.56 against the U.S. dollar in early trade on Monday (February 2, 2026), a day after the Union Budget 2026-27 was presented, largely as crude oil prices retreated from their elevated levels. Forex traders said for the rupee, the budget offered reassurance, not relief

1 days ago

The fiscal consolidation for FY27 is the slowest in six years. And the budgeted disinvestment, which is a below-the-line funding item, is likely to see the highest rise in six years, the report from HSBC Global Investment Research said. Mumbai: Lower revenue as a share of GDP has been more than

1 days ago

Oracle Layoffs: Tech major Oracle is planning to slash up to 30,000 jobs to fund AI data centres, a new report has said. According to a report by CIO citing a research report by investment bank TD Cowen, Oracle will also be selling some of its activities as US banks pull back from investing in the

1 days ago

Forex traders say the Budget provided reassurance rather than relief for the currency, while the government's sizeable borrowing programme could weigh on investor sentiment. The rupee strengthened by 37 paise to 91.56 against the US dollar in early trade on Monday

1 days ago

The rupee strengthened by 37 paise to 91.56 against the US dollar in early trade on Monday, a day after the Union Budget 2026-27 was presented, supported mainly by a sharp decline in crude oil prices. Forex traders said the Budget provided reassurance rather than relief for the currency

1 days ago

MCX gold February futures fell 1.77 per cent to Rs 1,45,132 per 10 grams on an intra-day basis. Meanwhile MCX silver March futures dipped 6.88 per cent to Rs 2,47,386 per kg. Mumbai: Gold and silver extended their decline on Monday, as hike in margin requirements are set to take effect on Chicago

1 days ago

The price of gold in Noida today is Rs 16,073 per gram for 24 karat gold, Rs 14,735 per gram for 22 karat gold and Rs 12,059 per gram for 18 karat gold (also called 999 gold). New Delhi: After Union Finance Minister Nirmala Sitharaman presented the Union Budget Sunday

1 days ago

The Budget balances debt-to-GDP reduction with slow fiscal consolidation and support for growth through both cyclical and structural measures. New Delhi: A likely boost to capex, services sector growth and AI in the Union Budget, along with slightly slower than expected fiscal consolidation

1 days ago

The Centre will support high-value crops such as coconut, sandalwood, cocoa and cashew in the coastal areas of the country, Finance Minister Nirmala Sitharaman said in her Budget speech on Sunday (February 1, 2026). However, the allocation for the scheme was ₹350 crore with farmers

1 days ago

One interesting thing about the Budget is that people usually do not do a reality check vis-a-vis the previous Budget because the current one takes centre stage. Since Budget 2026-27 is quite run of the mill, it will not be out of place to start with the last Budget

1 days ago

The new penalty provisions are proposed to come into effect from April 1, 2026. New Delhi: The Union Budget 2026–27 on Sunday proposed a new penalty framework to strengthen reporting compliance in the crypto ecosystem, sending a clear signal that transparency and accountability will be the

1 days ago

India's Finance Minister Nirmala Sitharaman has presented her annual budget for 2026-27, announcing higher infrastructure spending and measures to support domestic manufacturing amid rising global uncertainties. India is expected to close this financial year with 7

1 days ago

Direct Taxes, which include corporate tax and personal income tax, estimated at Rs 26.97 lakh crore, are the major contributors, constituting as much as 61.2 per cent of total gross tax revenue. Indirect taxes are estimated at Rs 17.07 lakh crore

2 days ago

In an environment of global uncertainty, this Union Budget “reinforces India's standing as a resilient and future-ready investment destination, with capital markets that are becoming deeper, more balanced, and strategically aligned with long-term economic priorities

2 days ago

Budget 2026: FM Nirmala Sitharaman gives a strong push to manufacturing, infrastructure and job creation, while proposing a simpler tax and customs system. Budget 2026 Takeaways: Finance Minister Nirmala Sitharaman on Sunday presented the Union Budget 2026-27, giving a strong push to manufacturing

2 days ago

Union Finance Minister Nirmala Sitharaman presented the Union budget on Sunday, delivering a 1 hour 25 minutes long speech, falling short of her own record set in 2020 when she delivered the longest speech ever. Presenting her ninth Union Budget 2026

2 days ago

Budget 2026: On the expenditure side, states' share of taxes and duties takes the biggest slice at 22 paise, while interest payments account for 20 paise. For every rupee that flows into the government's coffers, nearly two-thirds (64 paise) will come from a combination of direct and indirect taxes

2 days ago