Market experts said a large number of investors entered gold and silver trades over the past two months, drawn by sharp and steady price gains, many of which were fuelled by leveraged positions. However, the recent sell-off wiped out nearly two months of gains in just two days, an outcome few had anticipated. Ajay Bagga,…
. Finance minister Nirmala Sitharaman, while presenting the Union Budget 2026–27 on Sunday, unveiled a Rs 10,000 crore biopharma initiative and announced the expansion of Ayurveda institutions to meet growing global demand for traditional medicine. To bolster India’s position as a global biopharma hub, the Budget proposed Biopharma Shakti, a new initiative with an outlay…
Finance minister Nirmala Sitharaman, while presenting the Union Budget 2026, launched the “India Semiconductor Mission 2.0” to “capitalise on the momentum of the semiconductor mission,” announcing an outlay of Rs 40,000 crore for the initiative.She said India’s Semiconductor Mission 1.0 had expanded the country’s semiconductor sector capabilities. Building on this, the government will launch ISM…
Union finance minister Nirmala Sitharaman on Sunday announced the setting up of a high-level committee on “Banking for Viksit Bharat”, signalling a comprehensive review of the financial sector as India prepares for its next phase of economic growth.“I propose setting up a high-level committee on banking for Viksit Bharat to comprehensively review the sector and…
On July 5, 2019, for her maiden budget, she wore a vibrant pink Mangalgiri cotton silk saree from Andhra Pradesh, featuring intricate gold zari borders.This striking choice symbolised hope, new beginnings, and reverence for India’s handloom heritage, setting the tone for her distinctive style. Source link
Railway Budget 2026: Finance Minister Nirmala Sitharaman may announce yet another record capital expenditure allocation for Indian Railways in Union Budget 2026. In the last five years, railway budget allocations have grown exponentially, as the government focused on infrastructure as a driver of economic growth. It’s one hour to the Budget speech now. FM Sitharaman…
India’s Goods and Services Tax (GST) collections reached Rs 1,93,384 crore in January 2026, showing a strong year-on-year increase of 6.2 per cent, reported ANI. The revenue had stood at Rs 1,82,094 crore in January 2025.Cumulatively, gross GST receipts for the period from April to January FY26 amounted to Rs 18,43,423 crore, up 8.3 per…
Stock Markets Today: With the Union Budget 2026–27 set for today, one aspect that shows the general sentiment is the stock market. However, as the Budget this year falls on a Sunday, it becomes a question if the markets will open. The Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) have confirmed that markets…
Finance minister Nirmala Sitharaman Finance minister Nirmala Sitharaman is set to present her ninth consecutive Union Budget on February 1, marking a rare Sunday sitting and a first in independent India’s history. The Union Budget for FY27 (April 2026–March 2027) is expected to outline measures to sustain growth momentum, maintain fiscal discipline and push reforms…
NEW DELHI: Stock markets indices were trading flat in the Sunday’s special trading session ahead of the Union Budget 2026, reflecting cautious investor sentiment.The Nifty 50 was at 25,302 . 05, down around 16 points, while Sensex was up by over 18 points at 82,301.91 , as at 9.35 am.The Bombay Stock Exchange (BSE) and…
