Multi Commodity Exchange Clearing Corporation, part of the country’s largest commodity exchange, has levied an additional margin on gold and silver futures. MCXCCL said in view of periodic review of adequacy of risk management measures and to mitigate systemic risk, it is decided to levy an additional margin of 4.5 per cent in silver futures…
India’s trade playbook is working strongly, steadily and at scale. Its new trade architecture resembles a newly built expressway, anchored in strategic trade agreements that will enable faster, more predictable movement for trade. After concluding a major free trade agreement with the European Union (EU), the United Kingdom and other partners, India has now secured…
While presenting the Union Budget 2026-27, a considerable part of the Finance Minister’s Budget speech dealt with the expenditure programmes that will be launched to enable India to become developed by 2047. The emphasis on the advanced technology sectors such as Artificial Intelligence, biopharma, semiconductor and critical minerals among others, is well taken. The concern…
Infosys. File picture | Photo Credit: The Hindu IT stocks tumbled on Wednesday (February 4, 2026), with Infosys slumping over 7%, in line with a heavy selloff in tech companies in the U.S.. Shares of Infosys plunged 7.19%, Tata Consultancy Services tanked 6.95%, LTIMindtree dropped 5.51%, and Hexaware Technologies tumbled 4.98% on the BSE. The…
Tata Power. File Picture | Photo Credit: The Hindu Tata Power on Wednesday (February 4, 2026) posted a marginal rise in consolidated net profit to ₹1,194 crore in the December quarter owing to lower revenues. It had posted a consolidated profit of ₹1,188 crore during the quarter, according to a regulatory filing. The company’s total…
In India, the spot price of gold in the Mumbai market ended at ₹1,56.625 per 10 gm compared with ₹1,51,529 on Tuesday | Photo Credit: PTI The precious metals complex continued to gain for the second day in a row, as geopolitical uncertainties over the US shooting down an Iranian drone worried investors. Prices in…
Oil prices also extended gains on a fresh pick-up in U.S.-Iran tensions after an American jet shot down an Iranian drone in West Asia, just as the two sides prepared to hold key nuclear talks. | Photo Credit: AP Stocks mostly rose Wednesday (February 4, 2026) as investors brushed off another tech-fuelled sell-off on Wall…
In its consultation paper, SEBI has suggested amendments to Schedule II of the Intermediaries Regulations, 2008. | Photo Credit: File Photo Markets regulator Securities and Exchange Board of India (SEBI) on Wednesday (February 4, 2026) proposed a comprehensive overhaul of the ‘fit and proper person’ framework governing market intermediaries, aiming to bring greater procedural clarity…
Benchmark indices Sensex and Nifty ended marginally higher on Wednesday (February 4, 2026) as a sharp decline in IT blue-chip stocks restricted the rally in the markets. After a remarkable rally in the previous trade, the 30-share BSE Sensex ended 78.56 points or 0.09% higher at 83,817.69. During the day, it hit a high of…
As an individual taxpayer, if you were looking forward to Budget 2026 with the expectation of changes in income tax slabs, rates, exemptions, deductions, etc., you will be disappointed. There were hardly any noteworthy changes announced in these. However, the Budget has proposed a slew of changes, including immunity from penalty or prosecution for under-reporting…
