Business

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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23

Jan

By The Press Editor

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Business

Budget 2026: Will infra spending for key projects be increased? Here’s what Industry leaders demand

Budget 2026: Industry leaders across logistics, retail, energy, technology and hospitality have urged the government to double infrastructure spending to Rs 3 lakh crore. They believe sustained and strategic investments can boost supply chains, boost innovation and support nationwide development. New Delhi: With the Union Budget set to be presented on February 1, industry leaders have urged the government to sharply scale up infrastructure allocation to nearly Rs 3 lakh crore in order to accelerate India's economic momentum. Representatives from multiple sectors, especially logistics, highlighted that the country needs a stronger and more future-focused infrastructure roadmap to reinforce growth. According to…

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23

Jan

By The Press Editor

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Business

EV stock gains over 15% even as markets remain volatile despite positive global cues

The stock has been highly volatile today with an intraday volatility of 6.07 per cent and technically trades higher than the 5-day and 20-day moving averages but lower than the 50-day, 100-day and 200-day moving averages. Mumbai: Shares of electric vehicle company Mercury Ev-Tech are in action today, i.e. on January 23, 2026, even as markets remained volatile despite positive global cues. Benchmark indices Sensex and Nifty pared opening gains to trade lower in the early session amid sustained selling by foreign institutional investors. The 30-share BSE Sensex opened higher at 82,335.94 and later hit a high of 82,516. 27.…

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23

Jan

By The Press Editor

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Business

Budget 2026: What is Economic Survey, when is it released and why does it matter for India’s economy?

The Economic Survey is primarily prepared by the Department of Economic Affairs, under the leadership of the Chief Economic Advisor. New Delhi: In the backdrop of the Union Budget to be presented in Parliament on February 1, people are eagerly brushing up their knowledge of the Economic Survey and are keen to know the details it provides on the economic state of the country. The Economic Survey serves as a crucial official document that is prepared by the Government of India. The survey gives a detailed analysis of the economy, which includes key trends, challenges, and future prospects of the…

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