Business

Capex spike reflects government’s focus on infra-led development

On rural employment, the Expenditure Secretary highlighted that the Budget has allocated Rs 95,000 crore for the Viksit Bharat - Guarantee for Rozgar and Ajeevika Mission (Gramin), a new wage employment scheme that will replace MGNREGA. "The allocation is based on estimates prepared at the time the new legislation was passed by Parliament and is higher than the previous year's outlay," he said.

2026-02-03T09:05:52.278043+00:00 IST

India’s textile exports to US poised for revival after tariff cut

The finalisation of the India-US trade deal has come as a major relief for India's textile and apparel industry, which is now hopeful of regaining its strong position in the US market with more competitive tariffs working in India's favour.

2026-02-03T08:53:47.086401+00:00 IST

“Strategically important for us and for country”: Jeet Adani

While speaking at the launch event, Jeet Adani said, "Today, we stand at a moment that carries meaning far beyond a corporate announcement. For decades, our armed forces have protected the nation across landscapes that test the limits of human endurance. Our responsibility is to ensure that the capabilities they rely on evolve with the same unwavering resolve. Our partnership with Leonardo respects this responsibility," he said.

2026-02-03T08:16:58.290387+00:00 IST

Adani Defence, Leonardo sign MoU to build integrated helicopter

Adani Defence & Aerospace on Tuesday announced the signing of a Memorandum of Understanding (MoU) with Leonardo, an Italian global company in aerospace, defence and security, to develop, manufacture and sustain a helicopter manufacturing ecosystem in India

2026-02-03T08:02:38.798047+00:00 IST

Silverline Technologies Ltd launches Silverline’s AI Web platform

Silver AI Positioned to capture significant market share in India's rapidly expanding AI chatbot market, projected to reach $26.4 billion by 2031.

2026-02-03T07:59:20.919844+00:00 IST

U.S. trade deal finalised, removes uncertainty; details awaited

India is happy that a trade deal with the United States has been finalised, it removes uncertainty and creates investment opportunities between the world's two largest democracies, noted Anuradha Thakur, Secretary in the Department of Economic Affairs.

2026-02-03T07:40:14.547102+00:00 IST

Foreign investors to return to Indian stock markets

With the India-US trade deal announced, foreign institutional investors (FIIs) are expected to make a comeback in the Indian stock markets, as trade-related uncertainties ease and positive signals emerge from the agreement.

2026-02-03T07:22:24.884610+00:00 IST

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Business

India-US trade deal removes key overhang for equities

India-US trade deal is expected to provide a significant boost to Indian equities, with foreign portfolio investor (FPI) equity outflows likely to reverse and several key sectors poised to benefit, noted a report by Antique Stock Broking.

2026-02-03T06:56:08.093776+00:00 IST

Business

Industrialists say India–US deal to unlock new investment

The industrialists in the country have welcomed the announcement of the India-US trade deal, stating that the agreement will strengthen strategic and economic ties between the two countries while opening up additional opportunities for investment and collaboration.

2026-02-03T05:48:51.954330+00:00 IST

Business

Industry welcomes India-US trade deal, sees tariff cuts boosting

Industry bodies welcomed India-US trade deal, reacting to the deal, Confederation of Indian Industry (CII) President Rajiv Memani said that the expected reduction of tariffs marks a major step forward in strengthening the strategic economic partnership between the two countries.

2026-02-03T05:31:12.772028+00:00 IST

Business

India-US deal to boost Indian rice exports: IREF

The Indian US announced trade deal restores parity for Indian rice exports with key competing origins such as Thailand and Pakistan, giving a clear edge to Indian exporters in the US market, stated Indian Rice Exporters Federation (IREF) reacting positively to deal.

2026-02-03T04:34:52.037988+00:00 IST

Business

Dalal Street roars as India-US deal sparks record rally

The domestic equity markets opened with a historic rally on Tuesday, surging sharply in early trade, supported by upbeat global cues following the announcement of a key India-US trade deal.

2026-02-03T03:58:59.622186+00:00 IST

Business

US-India trade deal to benefit businesses, workers, consumers

The US-India Strategic Partnership Forum (USISPF) has welcomed the announcement of an India-US trade deal, stating that the agreement between the two nations would deliver meaningful benefits for businesses, workers, and consumers in both countries.

2026-02-03T03:09:45.787599+00:00 IST

Business

U.S.-India trade deal to attract FIIs, support exports

Industry experts have welcomed the U.S.-India trade deal, terming it a major positive for Indian markets and export-oriented sectors, and said the move could revive foreign investor interest and strengthen macroeconomic indicators.

2026-02-03T02:48:36.688233+00:00 IST

Business

US Chamber welcomes progress in U.S.-India trade deal

The U.S. Chamber of Commerce on Tuesday welcomed progress of trade deal between the United States and India, a development that American and Indian businesses have long been seeking.

2026-02-03T02:35:54.299235+00:00 IST

Business

Landmark trade deal with US will unlock shared prosperity:Agrawal

Commerce Secretary Rajesh Agrawal on Tuesday said the landmark India-US trade deal will unlock shared prosperity, innovation and growth for two natural democratic partners.

2026-02-02T19:49:44.611181+00:00 IST

Business

'ISM 2.0 signals shift toward digital economy'

The launch of India Semiconductor Mission (ISM) 2.0 marks a significant step in India's transition toward a digital economy, said Suresh Kumar Tulluri, Country General Manager at Supermicro.

2026-02-02T18:20:50.075899+00:00 IST

Business

STT hike unlikely to curb speculation: Nithin Kamath

Zerodha founder and CEO Nithin Kamath has said the hike in the Securities Transaction Tax (STT) announced in the Union Budget 2026 is unlikely to reduce speculative activity in India's derivatives markets.

2026-02-02T17:03:02.056886+00:00 IST

Business

Banking sector strong, resilient: DFS Secretary

On non-banking financial companies (NBFCs), Nagaraju said both government-owned and private NBFCs play a significant role in funding infrastructure and reaching borrowers underserved by banks. "While NBFCs have shown strong growth, profitability, and outreach, he noted the continuing debate over regulatory oversight. NBFCs cannot seek banking powers without being regulated like banks," he said.

2026-02-02T13:09:48.389832+00:00 IST

Business

Reforms in direct taxes ensure taxpayers can manage liabilities

While speaking at a post-Budget interactive session organised by the Confederation of Indian Industry (CII), the Secretary highlighted key reforms in direct taxation, and noted that the timeline for revising income tax returns has been extended by one quarter, giving taxpayers additional time to voluntarily correct errors.

2026-02-02T13:08:44.345136+00:00 IST

Business

US tariffs have “no influence" on customs duty overhaul: FM

Notably, the Finance Minister in her budget speech had announced the proposals for deduction in Customs and Central Excise for certain products which she said aims to further simplify the tariff structure, support domestic manufacturing, promote export competitiveness, and correct inversion in duty.

2026-02-02T11:19:55.235308+00:00 IST