The STT on futures was increased in Budget 2026 by 150% to 0.05% and that on options by 50% to 0.15%. However, the STT on futures has a bigger impact because it is calculated on the notional or total contract turnover. In options, the tax is calculated on the premium turnover, which is the actual…
Union Finance Minister Nirmala Sitharaman Union Finance Minister Nirmala Sitharaman presented her ninth Union Budget in Parliament on Sunday (February 1, 2026), outlining the Centre’s planned income and expenditure for 2025-26, along with projections for the fiscal deficit. Also read: Union Budget 2026 Live updates This was the first time in India’s history that the…
File photo: Silver rate today. | Photo Credit: Leonhard Foeger Silver prices in India dipped sharply on February 2 across all major cities. The price of one gram silver and one kg silver dipped ₹20 and ₹20,000, respectively compared with the previous session’s closing price. This report provides a detailed, city-by-city breakdown of the latest…
The new Union budget presented by Nirmala Sitharaman on Sunday was crafted against a set of unique circumstances that have emerged in an increasingly turbulent world over the past year. First, in a profound change in fiscal strategy, the finance minister had announced a year ago that she would aim to bring down the burden…
Image used for representative purpose only. | Photo Credit: Reuters Industry body CII on Sunday (February 1, 2026) welcomed the Union Budget proposal to establish dedicated rare earth corridors in Tamil Nadu, Kerala, Andhra Pradesh, Odisha stating it would help India’s leadership in rare earth magnets. The Union Budget 2026 proposal towards establishment of Rare…
The precious metals complex continued to nosedive on Monday, with prices in domestic and global markets falling sharply as investors switched back to bonds and currencies from gold and silver. Silver fell by over 10 per cent, gold by 7 per cent, platinum by 8 per cent and palladium by over 7 per cent as…
Finance minister Nirmala Sitharaman delivered her ninth consecutive Union Budget speech on Sunday, at a time when global geo-economic upheavals weigh on India. While each Budget speech reflects the economic context of its moment, its emphasis and vocabulary also shift over time. A slew of words have gained prominence in the latest Budget speech. Along…
Published – February 02, 2026 11:25 am IST Read Comments Copy link Email Facebook Twitter Telegram LinkedIn WhatsApp Reddit
FILE PHOTO: Gold rate today. | Photo Credit: Hollie Adams Gold prices in India saw a decrease all key cities. The price for 8 grams of 24-carat gold also dropped in all cities compared with the previous session. Below is a detailed breakdown of gold prices in key cities. Gold rates in India: Gold prices…
The aviation sector is set to get a boost from a proposal in the budget to do away with basic customs duty on imported components that go into the making of civilian aircraft. “I propose to exempt basic customs duty on components and parts required for the manufacture of civilian, training and other aircrafts,” finance…
