The Centre has been the bulwark of investments over the past five fiscals, building out infrastructure to stoke and sustain long-term economic growth. After the Covid-19 pandemic, such investments have been the driver of overall capital formation. The Centre’s capex has risen continuously from 1.7% of gross domestic product (GDP) during fiscal 2016-2020 to 3.1%…
For a business journalist, Budget Day is nothing short of the World Cup final (ICC or FIFA, you decide). It is the D-day for which edit meetings are held months in advance. It’s the day for which editorial teams plan months in advance, crafting center spreads, fine-tuning graphics, and, come 11 AM on February 1st,…
A .view of the Bombay Stock Exchange in Mumbai. | Photo Credit: PTI Benchmark indices Sensex and Nifty were trading in positive territory in early trade on Tuesday (August 12, 2025) helped by buying in IT stocks and a firm trend in Asian markets. The 30-share BSE Sensex climbed 66.28 points to 80,670.36 in early…
Like every year, even the FY26 Union Budget will be analysed more for what it has done for growth, fiscal consolidation, capex/infrastructure, agriculture/rural, employment/skill development, MSME, climate change/energy transition, and above all, measures to support lagging consumption demand. All the announcements made in the budget help the country as a whole and, in turn, states…
Image used for representation purpose only., | Photo Credit: Reuters The rupee traded in a narrow range and edged higher by 10 paise to 87.65 against the U.S. dollar in early trade on Tuesday (August 12, 2025), amid a positive trend in domestic equities. Forex traders said the rupee is trading in a tight range…
Gold prices dropped nearly two per cent in the global market on Monday after US President Donald Trump said the precious metal will not attract 39 per cent tariff as feared earlier. In a social media post, Trump said: “Gold will not be tariffed”. This dragged gold below $3,400 an ounce on COMEX, with prices…
A Mint analysis of 1,957 companies shows that individual investors (holding nominal share capital up to ₹ 2 lakhs) increased their ownership in approximately 51% of these companies between the September and December quarters. This compares with nearly 49% of stocks that saw a sequential rise in stakes in the previous two quarters. These 51%…
Gold prices nudged higher on Tuesday, after a sharp decline in the previous session, as investors looked forward to US inflation data that could offer further insight into the Federal Reserve’s rate-cut trajectory. Spot gold was up 0.2 per cent at $3,350.03 per ounce, as of 0146 GMT. US gold futures for December delivery were…
Budget 2025 Key Announcements: Finance Minister Nirmala Sitharaman presented the Union Budget 2025-26 in the Parliament on February 1. This was her record eighth budget presented under Prime Minister Narendra Modi-led government’s third term i.e. Modi 3.0. In her speech, Sitharaman said the Budget aims at “transformative reforms” in six key areas — financial sector,…
1. A mini bazooka Faced with a sharp fall in urban consumption which dragged economic growth down in the second quarter of this fiscal to just 5.4% of the gross domestic product (GDP) compared to 8.2% in the same period last year, the finance minister had to act, and she decided to take the bull…
