Raamdeo Agrawal, Chairman & Co-Founder of Motilal Oswal Financial Services, said the data centre–related exemptions announced in the Budget are the “1,000-pound gorilla”, far outweighing other proposals and emerging as the most consequential measure this year. “This exemption is very
Union Budget 2026-27 continued to push the pedal on localization in the Indian manufacturing sector, announcing a slew of measures across electronic goods, pharma, textiles, capital goods and other sectors to boost India’s production and export competitiveness. The focus on
Finance Minister Nirmala Sitharaman, accompanied by Minister of State for Finance Pankaj Chaudhary and senior finance ministry officials, arrived at Parliament House for the presentation of the Union Budget 2026. We know what Mrs Sitharaman and Mr Chaudhary (who may
Sources added that the exchange may file its draft papers by April-May this year, and the proposed issue is expected to be entirely an offer for sale. IMAGE: The National Stock Exchange headquarters in Mumbai. Photograph: ANI Photo The Securities
Finance Minister Nirmala Sitharaman’s biggest challenge will be to find a new growth driver, particularly against the backdrop of a global economy ravaged by heightened uncertainty and fragmentation, financial markets on a precipice, and global commodity prices on a continued
Macroeconomic data announcements, global trends and trading activity of foreign investors would be major driving factors for market movement this week, analysts said. Illustration: Uttam Ghosh Unabated capital infusion by domestic institutional investors have supported the positive trend in the
Electric vehicle (EV) penetration in the luxury car segment has seen a drop by nearly 3 percentage points in the GST 2.0 era with the internal combustion engine versions offering better total cost of ownership, according to industry players. Photograph:
The benchmark indices scaled fresh peaks on Friday, with the Nifty reclaiming and holding above the 26,325 mark as it logged its third straight session of gains. The index broke past the key resistance band of 26,200 to 26,300 and
US-Venezuela conflict: Gold and silver prices are likely to witness a gap-up opening on Monday, January 5, after US attacked Venezuela, triggering geopolitical tension in the region, according to market experts. “The US attack on Venezuela is expected to trigger
Foreign portfolio investors have started 2026 on a cautious note, extending their selling streak from last year by withdrawing Rs 7,608 crore ($846 million) from Indian equities in the first two trading sessions of January. Illustration: Dominic Xavier/Rediff The withdrawal
