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Budget 2026: Sensex, Nifty 50 record worst budget-day trading in at least six years

India, Feb. 1 -- India's stock market recorded its worst budget day in six years after the Union Budget 2026 proposed a higher tax to curb F&O trading and new way to tax share buybacks. The 30-share ... Read More


RBI steps in with a rescue as rupee weakens to record low of 92/dollar

India, Jan. 29 -- The Reserve Bank of India is likely to have sold dollars before the local spot market opened on Thursday to support the rupee, three traders said. The rupee declined to 91.98/dollar... Read More


India eyes 'Goldilocks' path as Economic Survey 2025-26 gets tabled today

India, Jan. 29 -- The government is set to unveil the Economic Survey 2025-26 at 11:00 am on Thursday, with investors and policymakers looking for confirmation that the world's fastest-growing major e... Read More


Economic Survey 2025-26: India forecasts over 7% GDP growth rate in FY27 despite trade risks

India, Jan. 29 -- The Indian economy can expand at more than 7% in 2026-27, the government said on Thursday, offering an optimistic outlook for the world's fourth largest economy at a time of heighten... Read More


Amazon announces layoffs to cut 16,000 jobs amid 'rising competition over AI'

India, Jan. 28 -- Amazon.com Inc. has announced layoffs affecting as many as 16,000 corporate jobs, amid "rising competition over AI". "Some of you might ask if this is the beginning of a new rhythm-... Read More


Adani Group, Brazil's Embraer to set up regional aircraft venture in India

India, Jan. 27 -- Adani Group and Brazil's Embraer SA are partnering for a regional transport aircraft venture in India, marking the foray of the conglomerate that's already the largest airport operat... Read More


Govt plans hybrid ATMs to dispense small notes amid UPI overdrive

India, Jan. 27 -- The government is exploring multiple ways to push more small-denomination currency notes into circulation, at a time when UPI is increasingly making digital payments ubiquitous in th... Read More


India-EU FTA removes import duty on textile, leather in relief from 50% US tariffs

India, Jan. 27 -- The India-EU trade deal has eliminated tariff on Indian textile and leather exports to the European Union, in what is seen as significant relief to the sectors battered by 50% import... Read More


Union Budget 2026: Key expectations - from income tax to GST-style customs overhaul

India, Jan. 26 -- On 1 February, Finance Minister Nirmala Sitharaman will present the Union Budget 2026-her ninth straight budget presentation-amid expectation of an overhaul of customs duty on the li... Read More


IndusInd Bank appoints ex-SBI MD Arijit Basu as chairman after Sunil Mehta steps down

India, Jan. 23 -- IndusInd Bank Ltd. has appointed former State Bank of India MD Arijit Basu as chairman to replace Sunil Mehta whose term ends in January. Basu, who is currently chairman of HDB Fina... Read More