Finance

Budget 2026: What to expect on income tax relief for taxpayers, investors, fiscal deficit and reform agenda

Budget 2026: What to expect on income tax relief for taxpayers, investors, fiscal deficit and reform agenda

The Union Budget 2026–27, to be presented on February 1, is expected to focus on income tax relief for taxpayers, measures to boost investor confidence, and economic reforms. The government is likely to balance fiscal restraint with growth-oriented initiatives, including capex diversification, manufacturing incentives, and rationalisation of subsidies, while keeping the fiscal deficit under control. Reforms in the International Financial Services Centre (IFSC), customs duties, and foreign direct investment (FDI) policy are also anticipated. 9 hours ago
Elon Musk Hints at Launching 'The America Party' Amid Rift With President Trump

Elon Musk's xAI completes $20 billion funding round with Nvidia backing

The company did not disclose individual investment amounts or the split between debt and equity, and named Stepstone Group, Fidelity Management & Research, MGX, Baron Capital Group and Cisco Systems Inc.'s investment group among other investors who participated in the funding. 13 days ago
Gold, silver see strong upswing; Fed decision in focus

Gold, silver slip on MCX as traders book profits

During early trade, MCX gold February futures were trading 0.04 per cent lower at Rs 1,30,409 per 10 grams. "MCX Gold remains within a rising channel pattern and is currently hovering around the Rs 1,30,300–Rs 1,30,400 zone, after facing rejection near Rs 1,32,250, which now acts as the immediate resistance," experts said. Dec 8, 2025
Home loan rates expected to fall to pandemic lows after RBI repo rate cut

Home loan EMIs likely to fall after RBI slashes repo rate

Borrowers can expect their home loan interest rate to decline by 25 bps to about 7.1 per cent as several public sector banks, including Union Bank, Bank of India and Bank of Maharashtra, currently offer home loans at 7.35 per cent, according to multiple media reports. Dec 6, 2025
Gold prices rise to 3-month high on back of safe-haven demand

Gold, silver prices ease on MCX amid profit booking

"MCX Gold has extended its up-move and created a fresh high near Rs 1,31,400, and is now approaching its lifetime resistance zone at Rs 1,32,294, which continues to act as a key breakout hurdle," experts said. Dec 4, 2025
No proposal for merger or disinvestment of public sector banks: Govt

No proposal for merger or disinvestment of public sector banks: Govt

Reports were claiming that the government is working on a PSB consolidation blueprint that could reduce the number of state-owned lenders from 12 to just four in FY27. The proposal reportedly planned to strengthen balance sheets, improve operational efficiency and create globally competitive banking institutions. Dec 2, 2025
1 2 3 4 5 6 7 8 9 10 Next