Budget 2026: Last year, Finance Minister Nirmala Sitharaman surprised the Indian middle class taxpayer with a mega income tax overhaul, which significantly lowered the income tax outgo for several people. In Budget 2026, taxpayers are anticipating another surprise income tax announcement that would benefit them. But the question remains — will FM Sitharaman announce any…
Benchmark equity indices Sensex and Nifty ended lower on Friday (January 30, 2026), snapping a three-day rally, dragged by metal, IT stocks and caution ahead of the Budget presentation on February 1. Fresh foreign fund outflows and weakness in the rupee also added to the bearish trend in the equity markets. The 30-share BSE Sensex…
Image used for representational purposes only. File | Photo Credit: Reuters The rupee on Friday (January 30, 2026) hit its record low of 92.02 before ending a tad higher at 91.97 against the U.S. dollar, amid a firm American currency and volatile geopolitical cues. Forex traders said sustained withdrawal of foreign funds and a negative…
Image used for representational purposes only. File | Photo Credit: Reuters The rupee on Friday (January 30, 2026) hit its record low of 92.02 before ending a tad higher at 91.97 against the U.S. dollar, amid a firm American currency and volatile geopolitical cues. Forex traders said sustained withdrawal of foreign funds and a negative…
Against the backdrop of global uncertainty and subdued global industrial activity, India’s services sector has emerged as a stabilising force, contributing more than half of the country’s Gross Value Added (GVA) and serving as a major driver of exports and employment, the Economic Survey 2025-26 has pointed out. Economic Survey 2025-26 updates Highlighting the sector’s…
Silver declined on Friday, settling below $116 per ounce after touching a record high of $121.6 earlier in the week, as traders booked profits following an aggressive rally. On the Multi Commodity Exchange (MCX), silver fell nearly 6 per cent intraday to around ₹3,75,900 per kilogram after printing record highs near ₹4,20,048. The pullback comes…
Budget 2026 sectoral expectations: With just two days left for the Union Budget 2026 speech by Finance Minister Nirmala Sitharaman, the real estate sector has laid out its expectations from the Centre. Top on the list of demands are tax incentives to help accelerate homebuying and improve availability of affordable housing. Sudhir Pai, CEO of…
Image for representational purposes only. Overall, FPIs were net sellers of Indian securities from April to December 2025. | Photo Credit: Reuters Foreign Portfolio Investment (FPI) flows in FY26 remained volatile, leading to a net outflow of $3.9 billion as of December 2025, driven by elevated uncertainty and increased capital allocation towards AI-centric markets such…
FILE PHOTO: Gold prices today, January 30 across Indian cities | Photo Credit: ARKO DATTA Gold prices in India saw decrease today across all cities except Chennai. The price for 8 grams of 24-carat gold also dropped in all cities compared to yesterday. Below is a detailed breakdown of gold prices in key cities. Gold…
Image for representational purposes only. | Photo Credit: Reuters Google India has posted a flat profit of ₹1,436.9 crore on standalone basis in the financial year 2025 due to decline in revenue and increase in employee and tax expenses, according to a regulatory document shared by market intelligence firm Tofler. The company had posted a…
