Image used for representative purpose only. | Photo Credit: Reuters Stock market benchmark indices Sensex and Nifty rebounded in early trade on Monday (February 2, 2026) driven by value-buying in blue-chip firms, after facing massive drubbing on the Budget day. The 30-share BSE Sensex climbed 302 points to 81,024.94 during initial trade. The 50-share NSE…
Biopharmaceuticals, or biologics, are complex medicines manufactured from living organisms, cells, or tissues rather than through chemical synthesis. File | Photo Credit: Getty Images/iStockphoto Union Budget 2026-27 has proposed a biopharma strategy for healthcare advancement through knowledge, technology and innovation with an outlay of ₹10,000 crore over the next five years to develop India as…
Five states scheduled to go for Assembly elections this year are expected to gain from several region- and sector-linked initiatives in manufacturing, infrastructure and agriculture, even though the Union Budget did not make explicit state-wise proposals for them. Finance minister Nirmala Sitharaman framed the measures as part of a nationally applied development strategy, with schemes…
Prime Minister Narendra Modi addresses the nation as he gives his remarks on the Union Budget 2026-27, in New Delhi on February 1, 2026. Photo credits: YouTube/@NarendraModi/YT via PTI Photo Prime Minister Narendra Modi on Sunday (February 1, 2026) said that the Budget 2026 captured the aspirations of 140 crore Indians, laying a strong foundation…
Reacting to India’s Budget for 2026-27, Moody’s Ratings described it as “tactical” but not a “breakthrough.” Finance Minister Nirmala Sitharaman presented her ninth consecutive Budget, outlining the government’s economic roadmap for the next financial year. Planned fiscal consolidation, which will bring the budget gap to 4.3% from 4.4% in the current year, will not change…
Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto Eschewing big-ticket announcements, Finance Minister Nirmala Sitharaman on Sunday (February 1, 2026) resorted to a series of customs duty exemptions in the Union Budget to encourage domestic manufacturers of clean-energy components, including lithium-ion batteries and solar cells. The basic customs duty on sodium antimonate,…
Gold fell, following its biggest plunge in more than a decade, and silver whipsawed in choppy trading after a dramatic pullback from record highs. Spot gold fell as much as 6.3% on Monday. Silver swung sharply, dropping to around $75 an ounce having earlier climbed as much as 3.2%. The white metal recorded its biggest…
Unlike last year, Budget 2026—the ninth presented by Nirmala Sitharaman—avoids big-bang moves, opting instead for calibrated steps to support growth, avoid the middle-income trap, and stay on track towards developed-nation status.
Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto During her Union Budget presentation on Sunday (February 1, 2026), Finance Minister Nirmala Sitharaman informed that the new Income Tax, 2025, would come into effect in April this year, with the forms and rules to be notified “shortly” provisioning “adequate time” for taxpayers to acquaint themselves with the requirements. …
The Union budget adopted a manufacturing-led strategy to support exports and strengthen India’s integration into global supply chains, at a time when geopolitical tensions and trade disruptions are reshaping sourcing decisions worldwide. Presenting the budget, finance minister Nirmala Sitharaman said the government’s focus would be on lowering input costs, easing compliance and improving logistics and…
