MUMBAI: Bank of Baroda on Friday reported a net profit of Rs 5,055 crore for the quarter ended December 2025, up 4.5% from Rs 4,837 crore a year earlier, helped by a sharp fall in provisions even as margins stayed under pressure.Net interest income (NII) was largely flat at Rs 11,800 crore, compared with Rs…
NEW DELHI: Union finance minister Nirmala Sitharaman will interact with around 30 college students from across the country after presenting the Union Budget 2026–27 on Sunday, the ministry said.Sitharaman is set to present her record ninth Budget, including two interim budgets, on February 1. As part of the initiative, the students will witness the live…
NEW DELHI: HDFC Capital Advisors Ltd on Wednesday announced a strategic partnership with Curated Living Solutions (CLS) to set up a Rs 1,000 crore platform focused on rental housing in India.HDFC Capital, the real estate private equity arm of the HDFC Group, said the platform will develop, own and operate institutional-grade rental housing assets to…
Kevin Warsh is President Donald Trump’s pick to be the next chairman of the US Federal Reserve. He is expected to succeed the current Fed chief Jerome Powell in May this year. Powell has been at the receiving end of Trump’s wrath for several months, with repeated verbal attacks for not lowering interest rates as…
MUMBAI: The CEO of Niva Bupa Health Insurance said it is the cross-subsidisation of loss-making corporate group policies by retail health insurance, rather than high acquisition costs, that is weighing on retail insurance penetration.Krishnan Ramachandran, MD & CEO, Niva Bupa said insurers need to step up investments to expand retail health insurance and increase its…
Budget 2026 income tax expectations (AI image) By Surabhi MarwahThe Union Budget 2026 comes at an important moment, as taxpayers prepare for a major shift—the introduction of the Income-tax Act, 2025 (ITA 2025), effective April 1, 2026. This is one of the most significant updates in decades, and many individuals are hoping that the Budget…
A well-crafted budget has the potential to unlock new opportunities for growth and with careful planning and foresight, individuals can make the most of it. (AI image) By Jiju VidyadharanThe Union Budget 2026 provides the government an opportunity to accelerate India’s economic transformation in the wake of prolonged global uncertainties and higher tariffs imposed by…
NEW DELHI: As India prepares for the Union Budget for 2026–27, scheduled to be presented on February 1, it is worth noting that when the country’s budgetary journey began, in a vastly different India, still finding its feet after independence.India’s first Union Budget was presented on November 26, 1947, three months after the country attained…
As finance minister Nirmala Sitharaman prepares to present the Union Budget for FY 2026-27 on February 1, the exercise also draws attention to how India’s most important economic document has evolved – from a colonial-era English text to a more accessible public instrument. Colonial origins of the Budget India’s first Union Budget was presented on…
With the Union Budget just days away, the manufacturing sector is being seen as one of the main reasons India has stayed economically resilient—even as many countries face slow growth.The Economic Survey 2025–26 has set an upbeat tone, projecting India’s GDP growth at 7.4 per cent for the current financial year. In simple terms, that…
