New Delhi, Feb 2 (IANS) Union Budget 2026‑27 marked a “pragmatic approach” with “no fireworks,” laying the groundwork for a stable medium‑term growth environment, without focusing on immediate catalysts for equity markets, a report has said.
Mumbai, Feb 2 (IANS) Lower revenue as a share of GDP has been more than offset by cuts to subsidies and spending on current schemes, leading to the smallest fiscal consolidation in six years, likely positive for growth, a new report has said.
New Delhi, Feb 2 (IANS) Congress MP Gurjeet Singh Aujla on Monday criticised the Union Budget 2026, alleging that the government has presented data only for media hype and failed to address key issues affecting the country.
New Delhi, Feb 2 (IANS) The Reserve Bank of India (RBI) is set to hold its monetary policy committee (MPC) meeting from February 4-6 and according to economists, the MPC is expected to vote for a pause on a policy rate cut, while the central bank undertakes direct measures to tackle liquidity, bond stability and currency-related risks.
Mumbai, Feb 2 (IANS) Gold and silver extended their decline on Monday, as hike in margin requirements are set to take effect on Chicago Merchantile Exchange (CME) in the US.
Mumbai, Feb 2 (IANS) US tech giant Oracle is planning to cut 20,000 to 30,000 jobs and sell parts of its activities to help finance expansion of its AI data‑centre capacity, a new report has claimed.
New Delhi, Feb 2 (IANS) The government support to new technologies through AI mission, National Quantum Mission, Anusandhan National Research Fund, Research and Innovation Fund promises to be a big boost for the Indian higher education institutions that are nurturing India’s future entrepreneurs, industry leaders said on Monday.
Mumbai, Feb 2 (IANS) The Indian equity markets traded higher early on Monday, recovering some of the losses made on Budget Day, despite negative global cues.
New Delhi, Feb 2 (IANS) A likely boost to capex, services sector growth and AI in the Union Budget, along with slightly slower than expected fiscal consolidation, will likely support FY27 earnings, further helped by increased demand for equities through buybacks, Morgan Stanley has said.
New Delhi, Feb 2 (IANS) The Budget for 2026-27 is a significant step toward making India a global hub for innovation and advanced manufacturing with global competitiveness as the lynchpin, says Challa Sreenivasulu Setty, Chairman, State Bank of India.
