The Indian stock market came under heavy selling pressure during a special trading session on Sunday, February 1, as metal stocks once again emerged as the major drag. PSU banks also joined the sell-off, causing key indices to snap their three-day gaining run. The Nifty 50 slumped nearly 2% to the 24,825 level, marking its…
As the Union Budget 2026–27 approaches, India’s gems and jewelery industry is calling for a mix of demand-boosting measures, tax rationalization and structural reforms to navigate price volatility, global trade uncertainty and evolving consumer preferences. Gold and silver prices have been trading at record high levels, making jewelery costlier for consumers. Gold prices have rallied…
The Union Budget for FY26-27 is expected to maintain a strong focus on infrastructure spending and structural reforms, even as global geopolitical uncertainty, trade tensions with the US, and slowing private investment pose fresh challenges, according to a report by PL Capital. India enters the Budget season retaining its position as the world’s fastest-growing large…
Union Finance Minister Nirmala Sitharaman will table the Union Budget for FY2026–27 on February 1, 2026, as the government remains on course to meet its fiscal deficit target of 4.4% of GDP, despite a low nominal GDP growth and higher capital expenditure. Morgan Stanley expects India’s fiscal consolidation to continue in FY27, albeit at a…
