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Budget a blueprint to strengthen India’s presence in global value chains: Piyush Goyal

Feb 2, 2026

Mumbai, Feb 2 (IANS) India is in a sweet spot today, and the Union Budget for a ‘Future Ready Bharat’ covers a multitude of sectors, both traditional and modern, giving impetus to services with a major focus on tech, Commerce and Industry Minister Piyush Goyal said on Monday.In a meeting on the holistic benefits of the Budget at the NSE here, along…

Budget 2026-27 signals shift to ‘long-term vision’ from ‘short-term support’: Report

Feb 2, 2026

New Delhi, Feb 2 (IANS) Union Budget 2026–27 kept a "long‑term vision at the forefront" by increasing capital expenditure and improving the expenditure mix, a report said on Monday.The report from Crisil Intelligence said the focus is…

Business

Budget’s mild fiscal consolidation to be positive for GDP growth: Report

Feb 2, 2026

Mumbai, Feb 2 (IANS) Lower revenue as a share of GDP has been more than offset by cuts to subsidies and spending on current schemes, leading to the smallest fiscal consolidation in six years, likely positive for growth, a new report has…

Business

Samsung SDI remains in red in Q4 on sluggish EV market

Feb 2, 2026

Seoul, Feb 2 (IANS) Samsung SDI said on Monday it remained in the red in the fourth quarter of 2025 due mainly to sluggish demand for electric vehicles in the United States, although the performance of its energy storage system (ESS)…

Business

At 93, E Sreedharan pushes ahead with Kerala High-Speed Rail vision

Feb 2, 2026

Malappuram, Feb 2 (IANS) Undeterred by age, Metro Man E. Sreedharan on Monday reaffirmed his determination to see the proposed high-speed rail project for Kerala become a reality, inaugurating the project’s official office at 9 a.m. at…

Business

Gold, silver continue to decline as CME margin requirements hike set to take effect

Feb 2, 2026

Mumbai, Feb 2 (IANS) Gold and silver extended their decline on Monday, as hike in margin requirements are set to take effect on Chicago Merchantile Exchange (CME) in the US.MCX gold February futures fell 1.77 per cent to Rs 1,45,132 per 10…

Business

Oracle mulls laying off up to 30,000 employees to fund AI infra: Report

Feb 2, 2026

Mumbai, Feb 2 (IANS) US tech giant Oracle is planning to cut 20,000 to 30,000 jobs and sell parts of its activities to help finance expansion of its AI data‑centre capacity, a new report has claimed.The report from CIO, citing an investment…

Business

Budget’s focus on AI-enabled skilling to nurture India’s future entrepreneurs: Industry

Feb 2, 2026

New Delhi, Feb 2 (IANS) The government support to new technologies through AI mission, National Quantum Mission, Anusandhan National Research Fund, Research and Innovation Fund promises to be a big boost for the Indian higher education…

Business

Boost to capex, services sector growth and AI to support FY27 earnings: Report

Feb 2, 2026

New Delhi, Feb 2 (IANS) A likely boost to capex, services sector growth and AI in the Union Budget, along with slightly slower than expected fiscal consolidation, will likely support FY27 earnings, further helped by increased demand for…

Business

Sensex, Nifty in green despite negative global cues

Feb 2, 2026

Mumbai, Feb 2 (IANS) The Indian equity markets traded higher early on Monday, recovering some of the losses made on Budget Day, despite negative global cues.As of 9.33 am, Sensex added 373 points, or 0.46 per cent, to reach 81,096, and…

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