Business

27

Jan

By The Press Editor

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Business

Silver, Gold LIVE Updates: Silver hits new high of Rs 3,59,800, gold too gains | Check city-wise rates

Silver, Gold Rates LIVE Updates: In the international market, gold futures on Comex gained USD 384.3, or 8.4 per cent, last week, touching a record of USD 4,991.40 per ounce on Friday. Mumbai: Rates of precious metals in futures trade continue to mirror global strength and surged on Tuesday, January 27, 2026, with silver hitting a new all-time high, driven by a mix of geopolitical tensions, currency weakness and policy uncertainty. The gold February 5 contract on the Multi Commodity Exchange (MCX) opened with a gain of Rs 2,637 at Rs 1,58,674 per 10 grams against the previous close of…

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27

Jan

By The Press Editor

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Business

Bank strike today: Will SBI, PNB remain closed? What services to be affected? All you need to know

Bank strike: Even though not technically a bank holiday, the nationwide bank strike called by UFBU, an umbrella body of nine unions representing officers and employees, is expected to hit services at public sector banks. New Delhi: Banking functions of public sector banks across India, including SBI and PNB, are expected to be disrupted on Tuesday as the United Forum of Bank Unions (UFBU) begins its plan to observe a nationwide strike. Notably, banks already have observed holidays on 24, 25 and 26 January for the fourth Saturday, Sunday and Republic Day. With the strike on Tuesday, some branches will remain…

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27

Jan

By The Press Editor

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Business

Union Budget 2026: Industry seeks big push for jobs and exports as FICCI survey flags rising expectations

A new FICCI survey shows that India Inc is expecting Budget 2026 to prioritise job creation, export growth and infrastructure investment. Industry leaders are seeking stronger export support, higher RoDTEP allocation and targeted reforms amid global trade volatility. New Delhi: India Inc has outlined clear expectations from the upcoming Union Budget 2026–27, calling for strong measures to boost job creation and exports. These inputs have emerged from a fresh FICCI survey conducted between late December 2025 and January 2026 across nearly 100 companies. According to the survey, most participants expressed confidence in India's medium-term economic prospects. Almost half of the…

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26

Jan

By The Press Editor

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Business

Union Budget 2026: Customs duty overhaul, TDS rationalisation among key expectations

Finance Minister Nirmala Sitharaman will present her ninth consecutive Budget on February 1 in the Lok Sabha. The Budget Session of Parliament will commence on January 28 and continue till April 2, with one break. New Delhi: Finance Minister Nirmala Sitharaman is set to present her ninth consecutive Union Budget in the Lok Sabha on February 1, amid expectations of an overhaul of the Customs duty regime, much on the lines of GST structure rationalisation, and more reform measures to boost the economy in the wake of heightened geo-political uncertainty. The Budget is likely to propose an overhaul of the…

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26

Jan

By The Press Editor

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Business

Union Budget 2026: Small business owners seek GST relief amid rising costs

Union Budget 2026: The Budget Session will commence on January 28 and continue till April 2, with one break. The Union Budget 2026-27 will be presented on February 1. New Delhi: Small business owners have shared their expectations from the upcoming Union Budget, pointing to mounting pressures from rising taxes and higher procurement costs. Seasonal vendors and small traders said heavy GST and other indirect taxes on everyday goods have made it increasingly difficult to sustain their businesses while keeping prices affordable for customers. The traders added that frequent price hikes in essential commodities have squeezed profit margins and…

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26

Jan

By The Press Editor

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Business

Stock market holiday: Are BSE and NSE closed on January 26 for 77th Republic Day?

Stock market holiday: The National Stock Exchange and Bombay Stock Exchange halt all operations today, honouring the national Republic Day holiday. Currency trading shuts down alongside equities, though commodity derivatives continue with a restricted evening session as per exchange rules. Mumbai: Indian equity markets, including the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), are closed on Monday (January 26) for the nation's 77th Republic Day celebrations, halting trading in equities and currency segments. Commodity derivatives, however, proceed with an evening session to maintain some activity. This sets up an unusual week capped by a rare Sunday trading session…

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26

Jan

By The Press Editor

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Business

IndiGo cancels flights to Tbilisi, Almaty, Tashkent and Baku amid Iran tensions

Tensions have escalated between Iran and the United States, and there are apprehensions that the situation could result in a military conflict. New Delhi: IndiGo has cancelled flights to Tbilisi, Almaty, Tashkent, and Baku until January 28 amid the prevailing situation in Iran. The airline said it is closely monitoring developments in the region and proactively reviewing operations, with passenger safety as its top priority. IndiGo cancels flights to Tbilisi, Almaty, Tashkent and Baku In a statement posted on X, IndiGo said, "We remain vigilant to developments in the region around Iran and are proactively reviewing flight operations, with safety…

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25

Jan

By The Press Editor

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Business

Budget 2026: CREDAI seeks major policy changes to revive housing affordability

As the real estate sector remains a driving force for employment and urban development, CREDAI argues that targeted interventions are now essential to unlock pent-up demand and support the vision of a "Viksit Bharat". New Delhi: The Confederation of Real Estate Developers' Associations of India (CREDAI) has submitted a detailed set of recommendations for the Union Budget 2026-27, urging the government to take swift steps to improve housing affordability and ensure a sustained supply of residential units. The apex real estate body said its proposals are aligned with key national goals such as Housing for All, urban renewal, and the…

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25

Jan

By The Press Editor

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Business

Budget 2026: What changes salaried person can expect in old and new tax regimes?

Union Budget 2026: Experts advise taxpayers to compare both regimes based on their income, deductions, and future plans, and then choose the regime accordingly. New Delhi: As India prepares for Budget 2026 on February 1, all eyes are on what provisions the government will announce for the salaried class. Experts indicate that while the old personal income tax regime is unlikely to be abolished suddenly, the government is expected to take steps to make the new tax regime more attractive. According to the Institute of Chartered Accountants of India (ICAI), this reflects a gradual policy shift, aimed at encouraging taxpayers…

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23

Jan

By The Press Editor

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Business

Stocks to watch today: Bandhan Bank, Mphasis, Indigo, DLF, Havells India and Go Digit, among shares in focus

Stocks to watch today: Kolkata-based Bandhan Bank has reported a 51.7 per cent decline in net profit to Rs 205.59 crore for the third quarter ended December 2025, due to lower income and higher expenditure. Mumbai: Indian equity markets experienced a volatile trading session on January 22, 2026, but ended the session on a positive note. The Sensex gained 397.74 points to 82,307.37, while the Nifty rose 132.40 points to 25,289.90. Moreover, market breadth remained positive, indicating selective buying interest. With US equity markets rising again on Thursday and Asian stocks trading mostly in green in early trades, the Indian…

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