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    Counterfeit, smuggled goods erode social values, endanger public
Business

Counterfeit, smuggled goods erode social values, endanger public

Alok Kumar, Director General of Police, Goa has asserted that law enforcement agencies must recognise the deep and widespread presence of counterfeit and smuggled goods in Indian markets as these illegal activities harm the economy, erode social values, endanger public health, and ultimately affect the quality of life of citizens.


      Beyond the QR Code: Analyzing PhonePe’s Path to Profitability Thr

Beyond the QR Code: Analyzing PhonePe’s Path to Profitability Thr

In the competitive landscape of Indian fintech, where "growth at any cost" was previously a dominant industry focus, PhonePe appears to be charting a distinct course: a strategic focus on sustainable profitability alongside growth.

      Hike in STT on F&O is to discourage speculative trading: FM

Hike in STT on F&O is to discourage speculative trading: FM

A day after Budget announcement, Union Finance Minister Nirmala Sitharaman said on Monday the hike in Securities Transaction Tax (STT) on futures and options (F&O) was to discourage investors from getting into speculative trading.

      Boosting manufacturing key to rupee strength, lower cost of capit

Boosting manufacturing key to rupee strength, lower cost of capit

India's Chief Economic Adviser V. Anantha Nageswaran on Tuesday said that boosting the manufacturing sector is crucial for strengthening the rupee over the medium term and for bringing down the cost of capital in a meaningful manner. He noted that countries with strong and stable currencies have typically built competitive niches in manufacturing, which in turn supports currency stability and lower financing costs.

      Budget 2026 stresses whole-of-country Industrial strategy: Expend

Budget 2026 stresses whole-of-country Industrial strategy: Expend

India's 2026-27 Union Budget reinforces a "whole-of-country" approach to industrial development, with a strong emphasis on public-private collaboration in strategic sectors such as semiconductors, rail infrastructure and rare earths, V. Vualnam, Secretary, Department of Expenditure, Ministry of Finance, said today.

      Indian stocks recover substantially after Budget day bloodbath

Indian stocks recover substantially after Budget day bloodbath

Indian stock indices recovered on Monday, though not entirely, after the Budget day nosedive, partly due to value buying and weakening global crude oil prices.

      SBI launches 'CHAKRA' centre of excellence to finance sunrise sec

SBI launches 'CHAKRA' centre of excellence to finance sunrise sec

State Bank of India (SBI), on Monday, took a step towards financing for the next-generation growth sectors with the launch of 'CHAKRA,' a Centre of Excellence (CoE) dedicated to sunrise industries. The initiative aims to power financing for sectors critical to India's economic transformation and its strategic goal of becoming a 'Viksit Bharat' by 2047.

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    Union Budget 2026 takes major steps to overcome shortcomings in P
Business

Union Budget 2026 takes major steps to overcome shortcomings in P

Speaking on the Union Budget 2026-27, Indian Council of Medical Research (ICMR) Director General Rajiv Bahl noted that the government has initiated a significant push to transform the country's pharmaceutical landscape by addressing regulatory gaps and enhancing research infrastructure. Speaking to ANI on Sunday, Bahl said, "A big step has been taken to overcome the shortcomings in the regulator in the pharma sector."


    Banking Committee should address ownership structure
Business

Banking Committee should address ownership structure

The committee should address some matters such as ownership structure and voting rights of promoters as these continue to dampen private sector and foreign investor participation, ICRA said in its report. Finance Minister had said, the High Level Committee on Banking for Viksit Bharat will comprehensively review the banking sector and to safeguarding financial stability, inclusion and consumer protection.


    Higher PLI allocation & policy support for rare earth minerals
Business

Higher PLI allocation & policy support for rare earth minerals

The three-time increase in allocation for the Production Linked Incentive (PLI) scheme for automobiles and auto components in the Union Budget 2026 is likely to significantly support electric vehicle (EV) penetration and localisation of component manufacturing, according to a report by Axis Asset Management.


    Union Budget 2026 prioritizes Ayush as central pillar of integrat
Business

Union Budget 2026 prioritizes Ayush as central pillar of integrat

Budget 2026 Puts Ayush at the Heart of India's Integrative Healthcare Vision. Union Minister of State (Independent Charge) for the Ministry of Ayush, Prataprao Jadhav, stated that the latest budget announcements significantly strengthen the traditional medicine ecosystem.


    Trading volume will hold steady despite higher STT
Business

Trading volume will hold steady despite higher STT

"Nonetheless, some moderation in derivatives activity remains a risk, which could translate into lower trading turnover and consequently softer brokerage volumes and revenues from the derivatives segment for the securities broking industry," ICRA said. The proposed increase in STT on F&O trades, following the earlier hike implemented in October 2024, reflects the continued policy intent to temper excessive speculative activity, the report said.


    Budget reinforces long-term biopharma growth despite no new tax i
Business

Budget reinforces long-term biopharma growth despite no new tax i

The Union Budget 2026 has signalled a sustained policy push for India's pharmaceutical and life sciences sector, with a strong emphasis on biopharma innovation, research infrastructure and affordability, even as direct tax incentives remain unchanged, noted EY's Budget sectoral alert.


    Defence industry to see double-digit growth amid high allocation
Business

Defence industry to see double-digit growth amid high allocation

India's defence industry is expected to register double-digit growth in the coming years, supported by a strong policy push and higher capital allocation in the Union Budget 2026-27, according to a report by Antique Stock Broking.


    Goldman Sachs sees constructive India outlook as FY27 Budget stay
Business

Goldman Sachs sees constructive India outlook as FY27 Budget stay

India's medium-term macro outlook remains constructive as the Union Budget for FY27 signals continuity in capital expenditure alongside a softer fiscal drag, according to a report by Goldman Sachs.


    Industry chambers applaud Budget 2026 for strengthening India’s b
Business

Industry chambers applaud Budget 2026 for strengthening India’s b

The Union Budget 2026-27 focuses on fortifying the Indian economy against global volatility through strategic investments in technology, healthcare, and grassroots entrepreneurship. Industry experts hail the government for their push for strengthening the country's biopharma sector, as well as their focus on women entrepreneurship.


    Piyush Goyal discusses Budget benefits with stakeholders at NSE
Business

Piyush Goyal discusses Budget benefits with stakeholders at NSE

Commerce Minister Piyush Goyal had a breakfast meeting at the National Stock Exchange (NSE) to discuss the holistic benefits of Budget 2026 with MD and CEO Ashish Chauhan.


    Budget measures will have moderately positive impact on FMCG
Business

Budget measures will have moderately positive impact on FMCG

The Union Budget 2026 is expected to have an overall moderately positive impact on the fast-moving consumer goods (FMCG) sector in the domestic economy, according to a report by State Bank of India.


    Indian manufacturing growth bounces back after December dip: PMI
Business

Indian manufacturing growth bounces back after December dip: PMI

After losing growth traction at the end of 2025, Indian goods producers reported faster increases in new orders, output, employment and buying levels during January 2026, HSBC India Manufacturing PMI data showed Monday.


    A growth-oriented budget focused on structural reform
Business

A growth-oriented budget focused on structural reform

The Budget outlines a comprehensive roadmap to sustain India's growth momentum through higher capital expenditure.


    Slower fiscal consolidation pace, higher market borrowings
Business

Slower fiscal consolidation pace, higher market borrowings

The Union Budget's continued focus on capital expenditure and manufacturing is a positive, but a slower pace of fiscal consolidation and higher market borrowings are disappointing, according to investment bank Nomura.

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Union Budget 2026 takes major steps to overcome shortcomings in P

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Banking Committee should address ownership structure

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Higher PLI allocation & policy support for rare earth minerals

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Union Budget 2026 prioritizes Ayush as central pillar of integrat

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Trading volume will hold steady despite higher STT

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