Business
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Textile, leather stocks jump on India-US trade deal
New Delhi: Textile and leather stocks surged as much as 20 per cent on Tuesday morning after India and the US agreed to a trade deal under which Washington will bring down…
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Trump cuts tariffs on India to 18 pc, calls PM Modi ‘greatest friend’
President Donald Trump on Monday, February 2, announced to lower reciprocal tariffs on Indian goods from 25 per cent to 18 per cent, following a phone call with Prime Minister Narendra Modi.…
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Gold rebounds to Rs 1.48 lakh/10g after early slump
New Delhi: Gold prices recovered to Rs 1.48 lakh per 10 grams in futures trade on Monday, February 2, after an early sharp fall that triggered the lower circuit level, while silver…
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Govt raises limit for bringing duty-free imported goods to Rs 75,000
New Delhi: The government on Sunday, February 1, raised the limit for passengers bringing duty-free imported goods into India from Rs 50,000 to Rs 75,000. Under the Baggage Rules, 2026, notified on…
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Rupee rises 42 paise to close at 91.51 against US dollar
Mumbai: The rupee gained 42 paise to close at 91.51 (provisional) against the US dollar on Monday, February 2, a day after the Union Budget 2026-27 was presented, largely as crude oil…
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Budget FY27 demonstrates commitment to macro stability: Fitch
New Delhi: India’s budget demonstrates the ongoing commitment to maintaining macro stability through a gradual path of government debt reduction balanced against a still-robust capex program to enhance growth prospects, Fitch Ratings…
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Sensex, Nifty in green despite negative global cues
Mumbai: The Indian equity markets traded higher early on Monday, recovering some of the losses made on Budget Day, despite negative global cues. As of 9.33 am, Sensex added 373 points, or…
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Telangana CII welcomes Union Budget 2026-27
Hyderabad: The Union Budget 2026-27, presented on Sunday, February 1, by Finance Minister Nirmala Sitharaman, is a futuristic budget and is expected to boost the economy in the long run. MSMEs have…
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Andhra posts highest Jan GST collections, outpaces national growth
Vijayawada: Andhra Pradesh recorded its highest-ever January GST collections since the rollout of the tax in 2017, with net GST revenue rising 6.72 per cent year-on-year to Rs 3,073 crore in January…
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Textile stocks surge post Budget announcements
New Delhi: Textile sector stocks rallied on Sunday after the government announced the setting up of Mega Textile Parks in a challenge mode with a focus on integrated infrastructure and value addition,…
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Budget 2026-27: Over Rs 1300 crore allocated for forensic related schemes
New Delhi: The government has allocated over Rs 1471 crore in the Union Budget 2026-27 for the modernisation of forensic capabilities, with a number of other schemes aimed at making justice swift…
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Futures STT hike rattles markets as Sensex, Nifty slide nearly 2 pc
Mumbai: Benchmark stock indices Sensex and Nifty dived sharply by nearly 2 per cent on Sunday, February 1, logging their worst decline in years on a Budget day, after Finance Minister Nirmala…
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Budget 2026 draws praise from farm sector, edible oil industry unhappy
New Delhi: Agriculture and allied sectors broadly welcomed the Union Budget 2026 on Sunday, February 1, praising government plans to add 20,000 veterinary professionals, boost offshore fishing through duty cuts, and support…
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Assumption of nominal GDP at 10 pc for FY27 realistic: FM
New Delhi: Finance Minister Nirmala Sitharaman on Sunday, February 1, said that the estimate for nominal gross domestic product (GDP) at 10 per cent for the financial year beginning April 1, 2026,…
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Union Budget 2026: Mountain trails, heritage sites get tourism push
New Delhi: The Centre proposed several measures in the Union Budget 2026 for the tourism sector, with Finance Minister Nirmala Sitharaman highlighting its importance in generating employment, earning foreign exchange and boosting…
