Business

29

Jan

By The Press Editor

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Business

Parliament Budget Session 2026: Economic Survey pegs FY27 GDP growth at 6.8-7.2%

According to the Economic Survey, the Free Trade Agreement (FTA) with Europe will strengthen India's manufacturing competitiveness, export resilience and strategic capacity. New Delhi: Union Finance Minister Nirmala Sitharaman on Thursday tabled the Economic Survey 2025-26 in the Lok Sabha. The Economic Survey is an annual document presented by the government ahead of the Union Budget to review the state of the country's economy. It also provides an overview of the economy's short-to-medium-term prospects. According to the Economic Survey 2025-26, India's economy is expected to grow at 6.8-7.2 per cent in FY27, driven by regulatory reforms and strong fundamentals. The survey…

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29

Jan

By The Press Editor

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Business

Auto stock in focus as company approves 80% acquisition in subsidiary, check details

Technically, the stock is trading lower than the 5-day, 20-day, 50-day, 100-day and 200-day moving averages. Mumbai: Shares of Uttar Pradesh-based electrical equipment maker Pavna Industries are in focus as the company has informed exchanges that the board has approved the investment in the equity shares of the subsidiary company Pavna SMC Private Limited. According to the information shared with the exchanges, the board has approved the acquisition of an 80 per cent stake for a cash consideration of Rs 4,00,000, with the transaction expected to conclude by March 31, 2026, in a subsidiary. The incorporated company belongs to the…

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29

Jan

By The Press Editor

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Business

Kerala Budget: State hikes pay of pre-primary teachers by Rs 1,000; honorariums of ASHAs hiked

The Finance Minister also allocated Rs 14,500 crore for social security pensions for financial year 2026–27. He also announced Rs 3,700 crore for CM's Stree Suraksha scheme in Budget 2026-27. Thiruvananthapuram: Kerala Finance Minister KN Balagopal on Thursday presented the state budget and hiked the pay of pre-primary teachers by Rs 1,000 and said the literacy mission motivators to get Rs 1,000 monthly increase. The honorarium of ASHA workers also increased by Rs 1,000. The state government during the Kerala Budget also raised monthly honorarium of Anganwadi workers by Rs 1,000, helpers by Rs 500. In the State Assembly,…

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29

Jan

By The Press Editor

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Business

Market Opening Bell: Sensex down 24 points, Nifty near 24,350, L&T among top gainers

Sensex, Nifty Today: Gift Nifty, an early indicator for the Nifty 50, indicated a flat to negative start as it opened with a drop of 22 points at 25,404.50, compared to the previous close of 25,426.50. Mumbai: Indian equity benchmark indices, the Sensex and Nifty, opened in the red on Thursday, January 29, 2026, amid mixed global cues. While the 30-share BSE Sensex shed 24.28 points to start the session at 82,368.96, the Nifty gained 2.25 points to open at 25,345. In the last trading session, the Sensex closed at 82,344.68 and the Nifty 50 at 25,342.75. Similarly, the broader…

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29

Jan

By The Press Editor

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Business

‘Budget should ease household burden’: Homemakers seek middle-class, women-friendly Union Budget

Finance Minister Nirmala Sitharaman will present her ninth consecutive Budget on February 1 in the Lok Sabha. The Budget Session of Parliament commenced on January 28 and continues till April 2, with one break. New Delhi: Ahead of the Union Budget 2026–27, homemakers across the country have urged the Centre to ease the financial burden on middle-class families, citing rising living costs and the growing strain on household budgets. They called on the government to prioritise women-centric and middle-class-friendly measures in the upcoming budget. Speaking to news agency ANI, several women highlighted the steady rise in prices of essential commodities…

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28

Jan

By The Press Editor

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Business

Real estate stocks gains as company converts OCDs of subsidiary into equity shares, check share price

Even after this conversion, the company will continue to be a 100 per cent subsidiary of the firm, and there will be no change in its ownership, control or management. Mumbai: Shares of infra-to-energy player Hazoor Multi Projects Ltd (HMPL) gained on Wednesday, i.e. on January 28, 2026. The action in the stock comes as the company has informed exchanges about the conversion of investment in its wholly-owned subsidiary Square Port Shipyard Private Limited (SPSPL) from Optionally Convertible Debentures (OCDs) into equity shares. The surge in the stock also comes on a day when the equity benchmark indices Sensex and…

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28

Jan

By The Press Editor

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Business

Union Budget 2026–27: Experts urge focus on healthcare infrastructure in tier-2 and tier-3 cities

As Budget 2026–27 approaches, healthcare experts stress the urgent need to strengthen hospital infrastructure in Tier-2 and Tier-3 cities to improve access, affordability, and quality of healthcare across India. New Delhi: As India prepares for the Union Budget 2026-27, healthcare leaders and industry experts are urging the government to rethink its approach to health spending, especially when it comes to strengthening hospital infrastructure in smaller cities and towns. Their message is clear: it’s time to go beyond token increases in funding and build a healthcare system that truly reaches every citizen, not just those in big urban centres. The Problem:…

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28

Jan

By The Press Editor

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Business

Union Budget 2026-27: Study urges major increase in public healthcare expenditure

A new study ahead of Budget 2026-27 pushes for a significant rise in public healthcare expenditure to tackle rising medical costs and reduce inequality in access to care. Discover key findings, expert reactions, and implications for India’s health system. New Delhi: The recent release of an academic report has reignited a long-standing debate regarding how India finances healthcare, particularly as we approach the Union Budget for FY 2026-2027. The study, released before the budget announcement, argues strongly for a major increase in public investment in healthcare, suggesting that existing levels of expenditure are inadequate to meet the needs of a…

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28

Jan

By The Press Editor

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Business

Budget Session 2026: Public healthcare takes centre stage in President Murmu’s address

During the Budget Session 2026, President Droupadi Murmu highlighted India’s public healthcare progress, revealing that Ayushman Bharat has delivered over 11 crore free treatments across the country. New Delhi: At the start of the Union's Budget Session 2026-27, a joint session of both houses of the Parliament was addressed by the President of India, Droupadi Murmu, on January 28, 2026,  with a determination that will define the coming year; The focus being on highlighting achievements in public health and reiterating the Government's commitment to continuing to enhance the delivery of health services throughout India. Delivering this address from the Lok…

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28

Jan

By The Press Editor

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Business

Budget 2026 could redefine home buying: Affordable housing price cap may rise to Rs 90 lakh

Notably, demands for increasing the price limit for affordable housing have been raised by the real estate sector and homebuyers for a long time, and the government may address this through the budget. New Delhi: The upcoming Union Budget 2026-27, to be presented on the floor of parliament on February 1, is likely to bring significant changes across several sectors, including the housing sector in the country. The budget is expected to bring significant relief to millions of people who are dreaming of buying a home. Along with boosting economic growth, this year's Union Budget will also focus on the…

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