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Gold, silver continue to decline as CME margin requirements hike set to take effect

IANS | February 2, 2026 11:20 AM

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.

Oracle mulls laying off up to 30,000 employees to fund AI infra: Report

IANS | February 2, 2026 10:41 AM

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.

Budget's focus on AI-enabled skilling to nurture India’s future entrepreneurs: Industry

IANS | February 2, 2026 10:09 AM

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.

Sensex, Nifty in green despite negative global cues

IANS | February 2, 2026 9:51 AM

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.

Boost to capex, services sector growth and AI to support FY27 earnings: Report

IANS | February 2, 2026 9:46 AM

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.

Budget to make India a global hub for innovation, advanced manufacturing: SBI Chairman

IANS | February 2, 2026 9:21 AM

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.

Budget 2026 surged Ayush Ministry’s allocation by over 10 pc to Rs 4,500 crore: Prataprao Jadhav

IANS | February 1, 2026 7:06 PM

New Delhi, Feb 1 (IANS) The Union Budget 2026-27 enhanced the allocation for the Ministry of Ayush to Rs 4,500 crore, an increase of more than 10 per cent from the previous fiscal, said Prataprao Jadhav, Union Minister of State (Independent Charge), Ministry of Ayush, on Sunday.

Every necessary provision for maintaining India's health made in Budget 2026: Anupriya Patel

IANS | February 1, 2026 6:40 PM

New Delhi, Jan 1 (IANS) The Union Budget 2026 has made every necessary provision for maintaining the health of India, said Minister of State Anupriya Patel on Sunday.

Budget 2026 positions technology as core driver of inclusive, sustainable growth: Nasscom

IANS | February 1, 2026 6:17 PM

New Delhi, Feb 1 (IANS) Industry body Nasscom on Sunday hailed the Union Budget 2026 for its thrust on technology as a core driver of inclusive, sustainable growth.

Electronics industry hails continued focus on manufacturing, chips

IANS | February 1, 2026 6:11 PM

New Delhi, Feb 1 (IANS) Industry on Sunday hailed the Union Budget 2026–27 for adopting a steady and largely inclusive approach, reinforcing India’s manufacturing and technology ecosystem through policy continuity, scale, and targeted reforms.

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