By Thomas V Abraham, Research Analyst, Mirae Asset ShareKhanIndia’s stock markets kicked off the special Sunday session on a flat-to-positive note, with Sensex touching an intraday peak near 82,726 and Nifty nearing 25,357. However, sentiment soured quickly after Budget 2026 announcements, dragging indices into the red amid targeted tax hikes and unmet expectations.Key triggers for...
Category: News
‘He shared everything’: Fadnavis rubbishes speculations over merger of NCP after Ajit Pawar’s death
NEW DELHI: After speculations over the merger of both the factions of NCP after Ajit Pawar death in a plane crash, Maharashtra chief minister Devendra Fadnavis said that he was not aware of Ajit Pawar’s talks with his uncle Sharad Pawar.Pointing out that Ajit Pawar shared everything with him, Fadnavis questioned the possibility of talks...
Union Budget 2026–27: Which ministry got highest allocation? A portfolio-wise breakdown
The Union Budget 2026–27 proposes a grand total expenditure of Rs 53.47 lakh crore, comprising Rs 41.25 lakh crore in revenue expenditure and Rs 12.22 lakh crore in capital expenditure.The budget reinforces the government’s emphasis on growth, inclusion and long-term capacity building under its three-fold kartavya framework.Presenting a Yuva Shakti–driven Budget, finance minister Nirmala Sitharaman...
New excise duty on tobacco products: Cigarette prices to increase up to Rs 55 per pack
After the new excise duty regime kicked in, cigarette prices have gone up, with a pack of 10 sticks now costing at least Rs 22–25 more than before.This follows the government’s decision to raise taxes on cigarettes for the first time in nearly seven years, bringing India’s tobacco taxation closer to global public health norms....
‘Miyas will face trouble as long as I am CM’: Himanta Sarma unmoved by backlash
Assam CM Himanta Biswa Sarma (File photo) NEW DELHI: Despite the backlash over his remarks on Assam’s “Miyas,” chief minister Himanta Biswa Sarma on Sunday warned that they would face “trouble” as long as he remains in power.He reiterated that the “Miyas” should continue to face difficulties in order to leave the poll-bound state.The BJP...
Russia-Ukraine war: Fresh round of peace talks rescheduled; Zelenskyy announces new dates
File photo: Ukrainian President Volodymyr Zelenskyy (Picture credit: AP) A second round of trilateral talks involving Ukraine, Russia and the United States on a US-drafted plan to end the nearly four-year war in Ukraine will now take place on February 4 and 5 in Abu Dhabi, Ukrainian President Volodymyr Zelenskyy said, announcing a delay from...
Budget 2026: STT, share buyback taxation changes & more — What it means for stock market investors?
Representative AI image The Budget for FY 2026-27 is a mix of cautious and reform- oriented measures for stock market investors. The government proposed tougher norms for trading in futures and options, along with new opportunities for foreign Indian investors.During her speech, Finance Minister Nirmala Sitharaman announced an increase in the Securities Transaction Tax (STT)...
Union Budget 2026: No big-ticket announcements, but poll-bound states part of new initiatives
NEW DELHI: Finance minister Nirmala Sitharaman may not have opened the purse strings for poll-bound states in Union Budget 2026 but she made them a part of many ambitious development initiatives like the rare earth corridor, dedicated freight passage and the proposed high-speed rail networks.Assembly elections are scheduled in West Bengal, Tamil Nadu, Kerala, Assam...
Carlos Alcaraz finally does it, wins his maiden Australian Open title after outfoxing Djokovic
Carlos Alcaraz (AP Photo) NEW DELHI: Spain’s Carlos Alcaraz claimed his first Australian Open title with a commanding four-set victory over Novak Djokovic, defeating the Serbian 2-6, 6-2, 6-3, 7-5 on Rod Laver Arena on Sunday. The win not only denied Djokovic a record-breaking 25th Grand Slam but also made Alcaraz the youngest man in...
‘Deeply shocked ‘: IFTDA condemns firing incident at Rohit Shetty’s residence
“Deeply shocked and concerned”: IFTDA condemns firing incident at Rohit Shetty’s Mumbai residence The Indian Film & Television Directors’ Association (IFTDA) has strongly condemned the firing incident that took place outside Bollywood director-producer Rohit Shetty‘s Juhu residence. In a statement, the IFTDA, while expressed deep safety concerns, also sought personal intervention from Maharashtra Chief Minister...
