Budget 2026 May Deepen Inequality, Warn Economists
Economic analysis reveals Union Budget 2026's expenditure cuts in crucial sectors and changes in financial devolution could exacerbate inequality and regional disparities across India.
Category : Business
Indian Stock Market: Sensex, Nifty 50 Likely Flat Start
Indian stock market benchmarks Sensex and Nifty 50 are expected to open flat on Thursday, influenced by global market trends. Analysts provide key support and resistance levels for trading strategies.
Indian Stock Market: Flat Opening Expected Thursday
Indian stock markets are likely to open flat on Thursday following weak global cues. Sensex and Nifty closed marginally higher on Wednesday, while specific stocks like Bharti Airtel and Tata Power will be in focus due to quarterly results.
Kremlin Rejects Trump's India-Russia Oil Claims
Russia dismisses Trump's claims that India agreed to halt Russian oil purchases, stating India's energy diversification is longstanding. Experts note technical and volume challenges in replacing Russian crude.
4 Arrested in Rs 1.42 Crore Bank of India FD Fraud in Kanpur
Uttar Pradesh Police EOW arrests four individuals for Rs 1.42 crore banking fraud involving premature FD encashment at Bank of India's Kanpur branch. Investigation reveals collusion with bank staff.
Gurgaon DTCP Bars Sector 53 Property Registrations
Gurgaon's DTCP has prohibited registration of sale deeds for a commercial colony in Sector 53 due to licence condition violations, unpaid dues of Rs 87.6 lakh, and non-renewal since 2005.
Sensex, Nifty 50 Expected Flat Start on Thursday
Indian stock market indices Sensex and Nifty 50 are anticipated to open flat on Thursday following mixed global cues. Asian markets traded lower, while US stocks declined overnight due to tech sell-offs. Key factors include global market trends, corporate
Alphabet Hits $400B Revenue, Plans AI Spending Doubling
Alphabet reports Q4 earnings with $113.8B revenue, surpassing estimates. Annual revenue exceeds $400B for first time, driven by search and cloud growth. Company signals potential doubling of AI investments by 2026.
HAL Out of AMCA Fighter Jet Programme, Focus on Tejas Deliveries
Hindustan Aeronautics Ltd (HAL) is out of India's indigenous 5th-generation fighter jet development under AMCA due to large order commitments. Three private consortia shortlisted for the Rs 15,000 crore project.
CM Bhajan Lal Sharma to Open India Stonemart 2026 in Jaipur
Chief Minister Bhajan Lal Sharma will inaugurate India Stonemart 2026 in Jaipur, coinciding with reduced US tariffs and an India-EU FTA, boosting Rajasthan's stone industry exports and global competitiveness.
Nagpur Airport: 579 Flights Cancelled, 2,000+ Delays in 2025
RTI data from Mihan India Limited shows Dr Babasaheb Ambedkar International Airport in Nagpur faced 579 cancellations and over 2,000 delays in 2025, highlighting severe operational disruptions.
Punjab's Mumbai Roadshow: Jobs, Investments for 2026 Summit
Punjab government's second-day Mumbai roadshow emphasized job creation for youth through investments in textiles, automotive, defense, and MSMEs, ahead of the Progressive Punjab Investors' Summit 2026.
Gold, Silver Prices Continue Bull Run for Third Straight Session
Gold and silver prices surged for the third consecutive session on Thursday, with spot gold rising 2% to $5,039/oz and silver jumping 6% to $89.34/oz. Analysts attribute the rally to geopolitical tensions, US economic data, and safe-haven demand.
Fed's Cook: Inflation Bigger Threat Than Weak Labor Market
Federal Reserve Governor Lisa Cook emphasizes inflation risks as the primary economic threat, signaling potential resistance to rate cuts despite labor market slowdown.
CBDT Extends ITR 3 & 4 Deadline to Aug 31, Details Tax Plan
CBDT Chairman Ravi Agrawal announces an extension for ITR 3 and 4 filers to August 31, discusses tax buoyancy targets, new Income Tax Act, and data-driven compliance initiatives to widen the tax base.
SpaceX Pushes for Early Index Entry Ahead of Massive IPO
SpaceX advisers are lobbying index providers for faster inclusion in benchmarks like Nasdaq 100 to attract index fund capital and support its planned $1 trillion IPO, alongside AI giants OpenAI and Anthropic.
Trump Won't Intervene in Netflix-Warner Bros. Discovery Deal
Former President Donald Trump reverses earlier stance, stating he won't personally intervene in the $72 billion media battle between Netflix and Paramount Skydance over Warner Bros. Discovery assets.
Sweden's Bulten to Invest Rs 525 Cr in Chennai Fasteners Plant
Sweden's Bulten Group, through its Indian arm PSM Fasteners India, will set up a new fasteners manufacturing facility at Oragadam, Chennai, with an investment of Rs 525 crore, creating 2,000 jobs.
Aptus Value Housing Finance Q3 Net Profit Up 26%
Aptus Value Housing Finance India reports a 26% increase in net profit to Rs 239 crore for Q3 FY26, with disbursements growing 11% to Rs 1,030 crore. The company's strategic shift to higher-ticket segments aims to build a quality customer base.
Coldplay Kiss Cam Scandal Figure to Speak at US Conference
Kristin Cabot, former HR chief involved in viral Coldplay kiss cam scandal, will keynote PRWeek's 2026 Crisis Comms Conference in Washington DC, discussing public shaming and narrative control.
Startups Turn India Home Interiors into DIY Materials Marketplace
Indian startups like Material Depot are creating DIY marketplaces for home interior materials, attracting investor interest as homeowners increasingly source tiles, laminates, and finishes directly.
Vinay Tonse's SBI Role Key to Yes Bank's Turnaround Strategy
Former SBI retail banking head Vinay Tonse takes over as Yes Bank CEO, bringing expertise to boost deposits and margins in the bank's next growth phase.
Raja Venkatraman's 3 Stock Picks for 5 February
Market expert Raja Venkatraman recommends three stocks to buy on 5 February: SAIL, Bank of India, and ONGC. Get detailed analysis, technical levels, and risk factors for each pick.
Tata Motors' Iveco Deal Under Fresh Scrutiny Over Financial Concerns
Tata Motors' $4.4 billion acquisition of Iveco faces renewed investor concerns as the Italian automaker cuts cash flow guidance twice in six months, raising questions about global exposure and long-term value creation.
Syrma SGS, Dixon Weigh Semiconductor Leap on ISM 2.0
India's top electronics manufacturers Syrma SGS and Dixon Technologies are exploring semiconductor manufacturing opportunities following the Union Budget 2026-27 announcement of India Semiconductor Mission 2.0, marking a strategic shift in the electronics
CBDT Chief Details India's New Direct Tax Code
CBDT chairperson Ravi Agrawal outlines the simplified Income Tax Act 2025, reduced penalties, smart forms, and streamlined procedures effective from April 2026.
Ahmedabad's Rs 17,018 Crore Budget Focuses on Infrastructure
Ahmedabad's draft budget for 2026-27 allocates Rs 17,018 crore, emphasizing elevated corridors, flyovers, and climate resilience ahead of the 2030 Commonwealth Games.
Dr Agarwal's Eye Care Q3 PAT Jumps 54.5% to Rs 44 Cr
Chennai-based Dr Agarwal's Health Care reports robust Q3 FY26 results with PAT surging 54.5% to Rs 44 crore and revenue up 23% to Rs 530 crore, driven by strong patient volumes and network expansion.
Ahmedabad City Square Height Cut to 175m Post Seismic Zone Change
Ahmedabad Municipal Corporation reduces City Square tower height from 180m to 175m following BIS seismic zone upgrade. The Rs 692 crore project will feature panoramic views, entertainment zones, and extensive parking facilities.
Mumbai Worli Helipad Bids: JSW, Raymonds Only Applicants
BMC receives only two bids from JSW and Raymonds for developing a PPP-based helipad at Worli jetty, aimed at emergency evacuation, coastal surveillance, and VIP movement.
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