Finance Ministry plans higher FDI limit for PSBs
The Finance Ministry is considering raising foreign direct investment in public sector banks to 49 per cent to strengthen their…
Category: Business
Duty exemption to boost microwave manufacturing in India
Industry players said microwave oven prices may see only a minor impact after customs duty exemption in the FY27 budget.…
Gold, silver extend losses as margin hike weighs on prices
Gold and silver prices fell sharply on Monday due to higher margin requirements, strong US economic data and policy concerns.…
Sensex, Nifty rebound in early trade after Budget-day sell-off
Benchmark indices Sensex and Nifty rebounded in early trade on Monday on value buying in blue-chip stocks, a day after…
Rupee gains 37 paise after Budget as crude prices retreat
The rupee strengthened by 37 paise to 91.56 against the US dollar in early trade on Monday, supported by easing…
Editorial: Union Budget 2026-27 — Stability over spectacle
Amid global uncertainty, Finance Minister Nirmala Sitharaman focuses on targeted measures to sustain growth, favouring steady interventions over headline-grabbing announcements…
Union Budget 2026-27: Why labour and skilling still miss the productivity question
Unless employment and training are linked to productivity, performance, and survivability, labour reforms risk creating jobs that exist on paper…
India charts rare earth corridors to break China’s grip on critical minerals
Finance Minister Nirmala Sitharaman announced the creation of specialised rare earth corridors in Odisha, Kerala, Andhra Pradesh, and Tamil Nadu.…
Dedicated rare earth corridors in TN, Kerala, would promote mining: CII
CII welcomed the Union Budget proposal to establish dedicated rare earth corridors in Tamil Nadu, Kerala, Andhra Pradesh, and Odisha.…
Defence budget pegged at Rs 7.84 lakh cr
India’s Union Budget 2026-27 allocates Rs 7.84 lakh crore for defence, including Rs 2.19 lakh crore for capital expenditure and…