Mumbai, March 10 (IANS) The National Stock Exchange (NSE) on Tuesday directed its trading members — brokers and sub-brokers — to furnish details of excess Securities Transaction Tax (STT) collected but not remitted to the government for FY 2023–24 and preceding years, following instructions from the Income Tax Department.In a circular issued by the exchange’s finance and accounts department, NSE said the Joint Commissioner of Income Tax, Range 7(1), had advised the exchange to draw attenti…
Latest Union Budget 2026 News & Updates
Itanagar, Feb 23 (IANS) Arunachal Pradesh Chief Minister Pema Khandu on Monday underscored the crucial role of the Micro, Small and Medium Enterprises (MSME) sector in driving India’s economic growth, stating that since 2014, several policy interventions have been undertaken under the leadership of Prime Minister Narendra Modi to strengthen the country’s economy.Under the MSME policies, there has been special emphasis on uplifting Scheduled Castes and Scheduled Tribes through the creation of…
New Delhi, Feb 22 (IANS) The proposed excise duty waiver on biogas blended with compressed natural gas (CNG) could unlock investments of up to Rs 1 lakh crore in India, the Indian Biogas Association (IBA) said on Sunday. The industry body said the move, announced in the recent Union Budget 2026, is a major step towards boosting clean energy and supporting India’s 2070 Net Zero target.According to the IBA, the excise duty exemption on compressed biogas (CBG) blended with CNG will improve the fi…
Kalaburagi (Karnataka), Feb 20 (IANS) Union Minister for Food, Public Distribution and Consumer Affairs Pralhad Joshi has strongly expressed displeasure over what he described as a “campaign of lies” by the Opposition regarding the ‘Free Trade Agreement’ and the trade deal with the United States. Speaking at a special lecture on the “Union Budget 2026” organised by the Kalyana Karnataka Chamber of Commerce and Industry in Kalaburagi, Joshi said the government led by Prime Minister Narend…
New Delhi, Feb 20 (IANS) After a year marked by resilience amid global headwinds, the outlook for the Indian textile industry is increasingly favourable, a senior government official has said, adding that key Free Trade Agreements (FTAs), now in place, are opening significant new market opportunities for Indian exporters, enhancing tariff competitiveness and strengthening India’s position in global value chains.Neelam Shami Rao, Secretary (Textiles), emphasised that the convergence of these tr…
Mumbai, Feb 19 (IANS) Due to macro stability and recent trade deals, the earnings visibility of Indian markets improved, opening new opportunities after a phase of correction, a report said on Thursday.The report from PL Asset Management, the asset management arm of PL Capital Group, recommended a Dynamic allocation strategy with gold hedge to investors. It is a “rule‑based multi‑asset allocation framework that dynamically calibrates exposure across equities and gold based on macro signals, …
New Delhi, Feb 19 (IANS) Adobe is expanding the opportunity for creativity for millions of students across India, empowering them with AI skills, further accelerating Prime Minister Narendra Modi’s vision,” Shantanu Narayen, Chair and CEO, Adobe, said on Thursday.“I look forward to seeing what the students of India create with Adobe’s industry-leading tools, and in doing so accelerating Viksit Bharat,” he said on the sidelines of the ‘India-AI Impact Summit 2026’ here.Adobe announced a…
New Delhi, Feb 16 (IANS) Deal activity in India marked “a measured start” to 2026 as the market recorded 207 deals worth $7.2 billion in January, even as the private equity (PE) activity remained resilient, a report said on Monday.The report from Grant Thornton Bharat said India’s deal ecosystem saw moderation in activity amid the absence of large-ticket transactions with volumes and value easing 11 per cent and 60 per cent respectively on a month-on-month basis.The private equity landscape …
New Delhi, Feb 13 (IANS) The domestic passenger vehicle sales grew 12.6 per cent (year-on-year) to 449,616 units in January, compared to 399,386 units in January 2025, according to data released by industry body Society of Indian Automobile Manufacturers (SIAM) on Friday.Total sales of passenger vehicles, three-wheelers, two-wheelers, and quadricycles in January stood at 2,927,394 units.Three-wheelers witnessed strong growth of 30.2 per cent compared to January of the previous year, with sales o…
New Delhi, Feb 12 (IANS) Minister of State for Social Justice and Empowerment Ramdas Athawale on Thursday backed the Union Budget 2026 in the Rajya Sabha, delivering a characteristically poetic endorsement of the government’s performance while taking a swipe at Congress president Mallikarjun Kharge and other Opposition leaders.Participating in the discussion on the Union Budget, the Republican Party of India (RPI) leader, known for his signature rhyming style, praised Prime Minister Narendra Mod…