Business

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…

Why the Weak Rupee and Peso Are Turning Into a Remittance Windfall for UAE Expats and Should You Send Money Now? A softening Indian rupee, Pakistani rupee and Philippine peso, trading near multi-year lows against the UAE dirham, is emerging as a remittance opportunity for expatriates in the UAE, prompting many workers to rethink when…

The government has unveiled a targeted manufacturing push centred on seven strategic and frontier sectors, positioning them as key drivers of job creation, domestic value addition and long-term industrial competitiveness.Presenting the proposals, Finance Minister Nirmala Sitharaman said the strategy is anchored in accelerating growth through focused industrial interventions.“Under our first kartavya to accelerate and sustain…

Finance Minister Nirmala Sitharaman, presenting the Union Budget on Sunday, announced a new scheme to support states in setting up five regional medical hubs in partnership with the private sector. These hubs will function as integrated healthcare complexes, combining medical care, education, and research, and aim to position India as a leading destination for medical…

Union Budget 2026: Every year, one of the main components of the Budget presentation is the income tax, as taxpayers keenly watch for changes in the slabs, tax rates and other factors — which may ease their tax burden! However, post Finance Minister Nirmala Sitharaman’s Union Budget speech, the income tax framework remains unchanged from…