Business

Asian stock markets opened February on a weaker nore, with shares falling and precious metals extending losses after a volatile end to last week on Wall Street. In Hong Kong, HSI was down 554 points or 2% to 26,832. Shanghai and Shenzhen were down 1.1% nd 1.2% respectively. South Korea’s Kospi was down 3.7% or…

To ensure persons with disabilities (PwDs) get dignified livelihood opportunities and timely access to assistive devices, the govt on Sunday announced the ‘Divyangjan Kaushal Yojana’ and the ‘Divyang Sahara Yojana’.Finance minister Nirmala Sitharaman said the ‘kaushal yojana’ for livelihood and the ‘sahara yojana’ for assistive devices are “fundamental needs” for PwDs.Noting that IT, animation, visual…

Employability In Focus, More Pulp For Orange Eco Signalling a shift in employment strategy, the Budget, instead of announcing how many jobs will be created, focuses on building conditions for sustainable work, with skilling, services and sector-led ecosystems emerging as core pillars. A high-powered education-employment-enterprise standing committee will map skill gaps, identify high-employment service sub-sectors…

Of 30 Index Stocks, 26 Close In Red At a time when global markets are witnessing high volatility due to geopolitical uncertainties, the hike in securities transaction tax (STT) on derivatives trades hit investor sentiment on Dalal Street on the Budget day. This in turn led to a sharp sell-off that pulled the sensex down…

Buying property from an NRI? Worried about obtaining TAN? Not anymore. To relax the compliance burden, the Budget has proposed that resident individuals and HUFs need not have a Tax Deduction and Collection Account Number (TAN) if they are purchasing a property from a non-resident Indian (NRI). The amendment will take effect from Oct 1,…

Stock market crash after Budget 2026 speech Stock market crash after Budget 2026 speech: Finance Minister Nirmala Sitharaman‘s Union Budget speech has spooked stock markets, with both Nifty50 and BSE Sensex, crashing over 2% in the special trading session being held. Nifty50 ended the special trading session at 24,825.45, down 593 points or 2.33%. BSE…

The government has raised the duty-free allowance for passengers bringing imported goods into India to Rs 75,000 from the earlier Rs 50,000 under the newly notified Baggage Rules, 2026, PTI reported.Under the new rules notified on Sunday, a resident or a tourist of Indian origin arriving in India other than by land will be allowed…

Department of Economic Affairs (DEA) Secretary Anuradha Thakur (Photo-ANI) The Centre and the Reserve Bank of India (RBI) are closely tracking movements in the rupee and fluctuations in gold and silver prices, while remaining ready to deploy policy tools to maintain macroeconomic stability, Department of Economic Affairs (DEA) Secretary Anuradha Thakur said, ANI reported.“As far…

The Union Budget 2026-27 has announced a series of measures aimed at strengthening India’s export ecosystem by focusing on manufacturing expansion and trade facilitation, commerce secretary Rajesh Agrawal said on Sunday, PTI reported.He said the Budget includes targeted support for both labour-intensive industries and high-technology sectors, while policy steps on logistics and trade facilitation are…

Finance Commission submits report to President Murmu (Photo credit- PTI ) The 16th Finance Commission has recommended retaining states’ share in the divisible pool of central taxes at 41 per cent, while pitching for outcome-based spending, greater transparency in tax devolution data and stronger fiscal discipline at the state level. The panel said there is…