India May Buy Venezuelan Oil, White House Says
White House Press Secretary Karoline Leavitt indicates India could purchase oil from Venezuela, potentially benefiting US workers and industries through Washington's oversight role in Venezuelan trade.
Category : Business
IndiGo Loses Market Share, Air India Gains in December
IndiGo's domestic market share fell to 59.6% in December after mass flight cancellations, while Air India Group gained over 3 percentage points, DGCA data shows.
Stock Market Opens Cautiously: GIFT Nifty Mixed, US-India Deal Buzz
Indian stock markets opened with caution on February 4, 2026, as GIFT Nifty indicated mixed global cues. Key stocks like Mahindra, Tata Steel, ITC, HCL Tech, Infosys, and TCS are in focus amid ongoing US-India trade deal negotiations and domestic economic
IT Stocks Crash Up to 6%: Infosys, TCS, HCL Tech Hit
Indian IT stocks faced a sharp selloff, with Infosys, TCS, and HCL Technologies leading declines of up to 6%. The downturn is attributed to weak global cues, rising US bond yields, and concerns over IT spending.
US Renews AGOA Trade Pact Through 2026 for African Nations
The United States has renewed the African Growth and Opportunity Act through December 2026, reinstating duty-free access to US markets for eligible African countries after a brief expiration period.
Nifty, Sensex Open in Red After US Trade Deal Rally
Indian equity benchmarks Nifty50 and BSE Sensex opened lower on Wednesday, giving up some gains from Tuesday's strong rally fueled by the India-US trade agreement announcement.
India May Cut Fuel Import Bill by $3B with Venezuelan Crude
A recent SBI report highlights that India could reduce its annual fuel import expenditure by up to $3 billion by switching to Venezuelan crude oil, leveraging competitive pricing and strategic diversification.
Gurgaon Toll Plaza Relocation Stalled by Villager Opposition
The National Highways Authority of India's plan to shift Kherki Daula toll plaza faces fresh resistance as Pachgaon villagers reject the elevated U-turn proposal, demanding a flyover first.
Gurgaon: Rs 43 Lakh Fraud Case Against Company Officials
Four individuals, including a general manager and project manager in Gurgaon's Centrum Plaza, face cheating charges for allegedly diverting Rs 43 lakh to relatives' accounts instead of company clients.
Gurgaon GMDA Stormwater Drain Project to Prevent Flooding
Gurgaon Metropolitan Development Authority will construct a 550-meter stormwater drain connecting Sectors 62 and 65 to complete the drainage network and address chronic waterlogging issues in new sectors along Southern Peripheral Road.
Gold Rate Jumps 3%, Silver Up 4% on MCX Amid Dollar Weakness
Gold prices surged 3% and silver prices jumped 4% on MCX today as the US dollar weakened, creating favorable conditions for precious metals in Indian markets.
Silver Rate Today Climbs 4% on MCX, Gold Also Rises
Silver prices on MCX surged 4% on February 4, continuing recovery after sharp corrections. Gold also gained, with silver at ₹2,78,735/kg and gold at ₹1,58,420/10g. Global spot prices rose as risk appetite improved.
16th Finance Commission: State Demands vs. Final Award
The 16th Finance Commission's new tax devolution formula balances population, income gaps, and GDP contribution, reshaping state shares for FY27-31 with key changes to criteria weights.
Amrut Aims for ₹800 Cr Sales by 2030 on Premium Whisky Push
Amrut Distilleries plans to reach ₹800 crore sales by 2030, with premium whiskies now contributing 35% of revenue. The Bengaluru-based company has expanded capacity by 30% to meet growing demand.
Budget 2026 Ends Tax-Free SGB Exits: Final February Window
Budget 2026 removes tax-free redemption for secondary market SGB buyers and premature exits after five years. A narrow February 2026 window offers last chance for tax-free premature redemption on specific series.
Dividend Stocks Feb 2026: GAIL, Dr Lal PathLabs, MOIL
Investors eye dividend stocks for February 2026 with key ex-dates on February 5. Companies like GAIL, Dr Lal PathLabs, MOIL, Procter & Gamble, and Wheels India announce dividends, offering income opportunities.
UP Deputy CM Highlights Investment Appeal at Lucknow Conclave
Deputy Chief Minister Brajesh Pathak emphasized Uttar Pradesh's rapid transformation in infrastructure, healthcare, and law and order, making it attractive for investors at a Lucknow event.
Pharma CEOs Laud UP's Reforms, Investment Climate at Conclave
Top pharmaceutical executives at Lucknow Pharma Conclave hailed Uttar Pradesh's governance reforms, improved security, and business-friendly policies under CM Yogi Adityanath, calling it a model for national development.
Novartis Hyderabad: India's Pharma R&D Hub Growth
Novartis' Hyderabad centre, starting with 20 people in 2001, now employs nearly 9,000, driving global drug development and innovation, with India key to its strategy.
Q3 Results 2026: 130+ Firms Declare Earnings Today
More than 130 companies, including Bajaj Finserv, Trent, and Tata Power, are set to release Q3 results for December 2025 quarter on February 4. Market experts predict earnings season will drive Indian stock markets, buoyed by recent India-US trade deal ga
Fractal Analytics IPO: Price Band ₹857-900, Dates, Details
Fractal Analytics IPO price band set at ₹857-900 per share. Subscription opens February 9, closes February 11. Anchor investor allocation on February 6, with 75% reserved for QIBs.
GNIDA fines Ajnara Homes Rs 50 lakh for sewage violations
Greater Noida Industrial Development Authority imposes Rs 50 lakh penalty on Ajnara Homes for non-functional sewage treatment plant and untreated sewage discharge in Sector 16B.
Pune: No Stamp Duty Waiver for Amadea Enterprises LLP
Maharashtra registration department rejects waiver plea, demands Rs 22.47 crore stamp duty from Amadea Enterprises LLP. Coercive recovery proceedings to begin after February 10 deadline.
Stock Market Recommendations: IOC, Tata Elxsi, IFCI to Buy
Anand Rathi's technical analyst Mehul Kothari recommends Indian Oil Corporation, Tata Elxsi, and IFCI as top buys for February 4, 2026, citing trendline breakouts and bullish indicators.
Chandigarh PG Policy: Completion Certificates Mandatory
Chandigarh administration amends paying guest policy, requiring completion certificates for registration and ending conditional approvals to ensure compliance with building bylaws.
Stock Market: Flat Opening Expected, India-US Deal Boosts Sentiment
Indian stock market indices Sensex and Nifty 50 likely to open flat on Wednesday as Gift Nifty signals muted start. Global markets show mixed trends while domestic sentiment remains upbeat after India-US trade deal announcement.
Epstein Files Reveal Business World Connections
Newly released Epstein documents reveal flirtatious emails and photos linking Los Angeles Olympics chief Casey Wasserman, celebrity doctor Peter Attia, and filmmaker Brett Ratner to Jeffrey Epstein's network.
Adani-Leonardo Helicopter Manufacturing Partnership
Adani Defence and Aerospace partners with Italian defence major Leonardo to establish an integrated helicopter manufacturing ecosystem in India, boosting self-reliance and addressing armed forces and civilian demands.
CM Yogi: UP Offers Red Carpet, Not Red Tape for Investors
Uttar Pradesh Chief Minister Yogi Adityanath announced the state's shift from red tape to red carpet for investors at the UP Pharma Conclave, emphasizing safety, stability, and speed as key drivers.
US-India Trade Deal to Boost FPI, Remove Uncertainty: Thakur
Economic Affairs Secretary Anuradha Thakur says India-US trade deal will remove uncertainty and boost market sentiment, potentially increasing foreign portfolio investment inflows.
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