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New Delhi: India’s foreign exchange reserves increased by $8.053 billion in the week ended January 23 — reaching an all-time high of $709.413 billion, according to data released by the Reserve Bank of India (RBI) on Friday. The previous all-time high for the country’s foreign exchange reserves was $704.89 billion, registered in September 2024. According…
Mumbai: The government may propose the introduction of the Banking Governance Bill on February 1, 2026, in the Union Budget presentation, a move aimed at enabling public sector banks (PSBs) finance large projects by themselves. The draft legislation is expected to make PSUs more professional, competitive, and technology‑driven, as well as strengthen board composition and…
New Delhi: The government may propose the introduction of the Banking Governance Bill on February 1, 2026, in the Union Budget presentation, a move aimed at enabling public sector banks (PSBs) finance large projects by themselves. The draft legislation is expected to make PSUs more professional, competitive, and technology‑driven, as well as strengthen board composition and…
Benchmark equity indices opened weak on Wednesday, extending the cautious mood that has gripped Dalal Street ahead of Budget 2026. The Nifty 50 fell sharply at the open, while the Sensex also declinedmirroring the softness in global markets and the nervousness building around key policy announcements due this week. Ponmudi R, CEO of Enrich Money,…
New Delhi41 minutes ago copy link Finance Minister Nirmala Sitharaman can make 5 big announcements in the budget on February 1… 1. Income Tax: Income up to Rs 13 lakh is tax free In the new income tax regime, standard deduction can be increased from Rs 75 thousand to Rs 1 lakh. With this, income…
Last Updated:January 29, 2026, 9:06 PM IST Archit Gupta of ClearTax urges Budget 2026 to fix gaps in the new tax regime, including home loan, retirement, ESOPs, and NPS withdrawal benefits. Budget 2026: New Income Tax Regime Needs Fine-Tuning As Budget 2026 approaches, expectations are rising around further fine-tuning of the new income tax regime….
New Delhi: The way forward for India’s pension ecosystem lies in a calibrated expansion of both contributory and non-contributory schemes, the Economic Survey 2025-26 said on Thursday, adding that engagement with state governments, cooperatives, farmer networks, and gig-platform companies can ensure last-mile reach. The Pension Fund Regulatory Development Authority (PFRDA) has laid the groundwork for…
New Delhi: The Economic Survey 2025-26, tabled in Parliament on January 29, 2026, by Finance Minister Nirmala Sitharaman ahead of the Union Budget, highlights India’s economic performance in a challenging global environment. Prepared under Chief Economic Adviser V. Anantha Nageswaran, the Survey reviews growth trends, fiscal management and sectoral developments while flagging global risks such…
India’s strong macroeconomic indicators have paved the way for robust growth outlooks for fiscal year 2026-27, but the delay in India-US trade deal may lead to revisions of some barometers. According to global brokerage Goldman Sachs, India’s mass consumption trend, especially in the rural and lower income segments of urban spaces, is in a nascent…
FM Nirmala Sitharaman has tabled the Economic Survey 2025-26 in Parliament. Source link [ad_3]