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…
This image is used for representational purpose only. | Photo Credit: Getty Images/iStockphoto The rupee depreciated 11 paise to 90.43 (provisional) against the U.S. dollar on Wednesday (February 4, 2026), after a sharp rally in the previous trading session following India-U.S. trade deal announcement, on suspected dollar buying by corporates and importers. Forex traders said…
Gold rings are displayed at a gold shop, February 3, 2026. | Photo Credit: CHALINEE THIRASUPA Gold prices in India have seen an upward trend today, February 4, with an increase seen across all major cities. The price of both 22-carat and 24-carat gold has risen compared to yesterday’s rates. This report provides a detailed,…
