Mahindra’s Trucks, buses roar ahead with 40% sales surge in January
Feb 02, 2026, at 09:19 pm
Automobile major Mahindra & Mahindra Ltd. (M&M Ltd.), on Monday announced that its overall sales including exports in the Trucks and Buses business (CV > 3.5T) for the month of January 2026 stood at 3065 vehicles, a y-o-y growth of 40%.
SBI bets big on next-gen sectors with massive financing push
Feb 02, 2026, at 09:13 pm
State Bank of India (SBI), the nation’s largest public sector bank, announced the launch of ‘CHAKRA’ – Centre of Excellence (CoE) for financing sunrise sectors that are critical to India’s economic transformation. Reinforcing the bank’s strategic commitment to Viksit Bharat 2047, the Centre will serve as a knowledge-led platform to enable financing for next-generation, technology-driven and sustainability-focused sunrise sectors.
TCS crowned Europe’s most trusted large IT services provider
Feb 02, 2026, at 05:32 pm
Tata Consultancy Services (TCS), a global leader in IT services, consulting, and business solutions, has been recognized as the top large IT services provider for customer satisfaction in Europe by Whitelane Research, a leading independent organization specializing in IT sourcing research across Europe.
Renault India off to a flying start in 2026 with 33 pct YoY surge
Feb 02, 2026, at 05:28 pm
Automobile major Renault India, a wholly owned subsidiary of the Renault Group, made a strong start to 2026 with total wholesales reaching 3,715 units in January 2026.
After Budget mayhem, bulls return: Sensex, Nifty stage sharp recovery
Feb 02, 2026, at 03:48 pm
Mumbai/IBNS: Indian equity markets staged a sharp rebound on Monday after Dalal Street witnessed a rout on Budget Day, media reports said.
Budget shock for smokers: Cigarette prices set to jump by Rs 25 per pack
Feb 02, 2026, at 12:05 pm
Mumbai/IBNS: Cigarette prices are set to rise by Rs 22–25 per pack of 10 sticks following the implementation of additional excise duty announced in the Union Budget, a report by Hindustan Times said.
Oracle’s OpenAI bet triggers up to 30,000 job cuts as cash pressure mounts
Feb 02, 2026, at 11:18 am
Austin/IBNS: Tech giant Oracle is planning to slash between 20,000 and 30,000 jobs this week as part of a massive cost-cutting exercise, media reports said.
Rajnath Singh welcomes Rs 7.85 lakh crore defence allocation in Union Budget 2026
Feb 01, 2026, at 10:39 pm
New Delhi: Defence Minister Rajnath Singh on Tuesday welcomed the allocation of Rs 7.85 lakh crore to the defence sector in the Union Budget 2026, saying the outlay strengthens the country’s security framework following the success of Operation Sindoor.
Industry leaders applaud Union Budget as India charts bold path to Viksit Bharat
Feb 01, 2026, at 08:50 pm
Industry leaders on Sunday welcomed the Union Budget 2026–27 presented by Finance Minister Nirmala Sitharaman, which included several landmark initiatives, notably the launch of the India Semiconductor Mission (ISM) 2.0.
Union Budget 2026 proposes long-term tax holiday for foreign cloud firms using India data centres
Feb 01, 2026, at 07:34 pm
Recognising the need to strengthen critical digital infrastructure and attract global investment in data centres, Finance and Corporate Affairs Minister Nirmala Sitharaman, while presenting the Union Budget 2026–27 in Parliament on Sunday, proposed a tax holiday until 2047 for foreign companies providing cloud services globally using data centre infrastructure located in India.
No more harsh prosecution? Budget 2026 rewrites Income Tax rules
Feb 01, 2026, at 06:36 pm
The Union Budget presented in the Parliament on Sunday proposed a series of direct tax reforms aimed at rationalising penalties and prosecution provisions under the Income Tax Act.
Biggest ever Capex push? ₹12.2 lakh crore proposed in budget
Feb 01, 2026, at 06:26 pm
Indian Finance Minister Nirmala Sitharaman in her budget speech on Sunday said that the Public capex has increased manifold from Rs. 2 lakh crore in FY2014-15 to an allocation of Rs.11.2 lakh crore in BE 2025-26.
Budget 2026: Rs. 10,000 crore fund to create India’s next MSME champions!
Feb 01, 2026, at 06:02 pm
Presenting the Union Budget 2026–27 in Parliament on Sunday, Finance Minister Nirmala Sitharaman said the Government is guided by three Kartavyas, the first of which is to accelerate and sustain economic growth by enhancing productivity, competitiveness, and building resilience against volatile global dynamics.
‘This Union budget is about building capacity, not chasing short-term consumption’
Feb 01, 2026, at 05:37 pm
This budget is about building capacity, not chasing short-term consumption. It focuses on aligning talent with industry, strengthening advanced manufacturing, and reducing friction for technology-led services. The direction is clear: build depth, improve execution and let productivity compound over time.
Dreaming about international travel? Union Budget just made it cheaper!
Feb 01, 2026, at 05:05 pm
Indian travellers planning trips abroad may find the coming months particularly favourable, following a sharp reduction in tax collection at source (TCS) on overseas tour packages announced in the Union Budget on Sunday by Finance Minister Nirmala Sitharaman.
Post-Operation Sindoor budget supercharges India’s military modernisation
Feb 01, 2026, at 04:58 pm
In the first Union Budget presented months after India conducted Operation Sindoor, the Defence Services have been allocated a record ₹7.85 lakh crore for the Financial Year (FY) 2026–27.
Dalal Street in panic mode: Sensex, Nifty plunge amid Union Budget presentation
Feb 01, 2026, at 04:18 pm
Indian equity markets witnessed a sharp decline marked by heightened volatility on Sunday as Union Finance Minister Nirmala Sitharaman presented the Union Budget 2026–27 in Parliament.
Customs made easy! Budget 2026–27 promises faster clearance, less paperwork
Feb 01, 2026, at 04:13 pm
Union Finance Minister Nirmala Sitharaman, while presenting the Union Budget 2026–27 in Parliament on Sunday, announced a series of proposals under Customs and Central Excise aimed at simplifying the tariff structure, supporting domestic manufacturing, enhancing export competitiveness and correcting inverted duty structures.
Customs, excise reset! How Union Budget 2026 could transform manufacturing
Feb 01, 2026, at 04:04 pm
The Budget proposals for Customs and Central Excise aim to further simplify the tariff structure, support domestic manufacturing, promote export competitiveness, and correct inverted duty structures, said Union Minister for Finance and Corporate Affairs Nirmala Sitharaman while presenting the Union Budget 2026-27 in Parliament on Sunday.
India doubles down on manufacturing, infrastructure in Budget 2026–27 to sustain growth
Feb 01, 2026, at 01:58 pm
New Delhi/IBNS: India’s Union Budget for 2026–27 placed a renewed bet on manufacturing, infrastructure and technology-led growth as Finance Minister Nirmala Sitharaman sought to sustain economic momentum amid global uncertainty and tighter financial conditions.
Income Tax Act, 2025 to take effect from April 1, 2026
Feb 01, 2026, at 01:21 pm
New Delhi/IBNS: The Union Budget 2026–27, presented in Parliament on Saturday by Union Minister of Finance and Corporate Affairs Nirmala Sitharaman, proposed a series of direct tax reforms aimed at simplifying the tax regime, improving compliance and sustaining the momentum of structural reforms.
Healthcare shock, retirement uncertainty: Why Kolkata residents are losing sleep?
Jan 31, 2026, at 05:12 pm
India continues to experience elevated levels of uncertainty, driven by financial pressures, health-related concerns, work-life challenges, and broader societal issues. With the national Index at 79, anxieties around financial preparedness, healthcare affordability, and long-term stability remain widespread, even amid ongoing economic progress.
Peloton layoffs: Fitness tech firm to slash 11% jobs
Jan 31, 2026, at 03:12 pm
New York/IBNS: Fitness technology company Peloton Interactive Inc. has decided to slash its workforce by 11% as part of an ongoing cost-cutting exercise, Bloomberg reported, citing a person familiar with the matter.
SBI General Insurance smashes industry growth, posts ₹522 cr profit in 9M FY26
Jan 31, 2026, at 10:13 am
Mumbai/IBNS: SBI General Insurance, one of India's leading general insurance companies, has delivered a strong performance in 9M FY26, reinforcing its position as one of India’s fastest growing general insurance companies.
Game-changer alert: SBI launches centralised trade finance hub in Kolkata
Jan 30, 2026, at 04:45 pm
India's largest bank State Bank of India has established its Global Trade Finance Centre (GTFC) in Kolkata as part of a broader effort to reimagine its trade finance and international banking capabilities.
Swiggy shares sink 7% after Q3 loss widens despite 54% revenue surge
Jan 30, 2026, at 02:27 pm
Mumbai/IBNS: Shares of Swiggy declined 7% on Friday after the food delivery and quick commerce major reported a wider consolidated loss for the third quarter of the ongoing financial year, media reports said.
Vedanta shares plunge 8% amid metals sell-off despite record Q3
Jan 30, 2026, at 01:38 pm
Mumbai/IBNS: Shares of Vedanta Ltd. fell 8% on Friday, despite the company reporting a strong Q3 performance, media reports said.
Market bloodbath ahead of Budget: Sensex slides over 500 points, Nifty cracks
Jan 30, 2026, at 01:03 pm
Mumbai/IBNS: Indian equity benchmarks traded sharply lower on Friday as investors turned cautious ahead of the Union Budget amid global uncertainties and domestic concerns, media reports said.
Jan 30, 2026, at 12:40 pm
ITC Ltd on Wednesday reported a 9.9% year-on-year rise in consolidated profit after tax for the quarter ended December 31, 2025, driven by strong growth in its FMCG and cigarette businesses, while warning that a sharp increase in cigarette taxes could fuel illicit trade and hurt farmers, retailers and government revenues.
Vedanta smashes records: profit jumps 60%, EBITDA hits all-time high in Q3
Jan 30, 2026, at 11:24 am
Vedanta Limited has announced its Unaudited Consolidated Results for the third quarter and nine months ended December 31, 2025.