Finance Minister Nirmala Sitharaman delivered a mixed bag to capital market prioritising long-term capital instruments over short term one in Budget 2026-27. While raising tax on derivative transactions, the FM increased investment limits for NRIs, rationalised taxation on share buybacks, and proposed measures to deepen bond markets. Ms. Sitharman proposed to raise the STT on…
Finance Minister Nirmala Sitharaman introduced major changes in the way securities, shares and investments are taxed in the Union Budget 2026-27. The Budget increases the tax on derivative trades. What is the net effect of a Securities Transaction Tax (STT) raise on derivative contract on retail investors and brokers? Will the intended effect pan out?…
In the previous session, the yellow metal plunged ₹31,617, or 17.2%, to close at ₹1,52,345 per 10 grams. File | Photo Credit: Reuters Gold and silver prices plunged up to 9% in futures trade on Sunday (February 1, 2026), hitting their lower circuit levels ahead of the Union Budget for 2026-27, as investors extended profit…
Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto The rupee recovered from its lowest level and gained 9 paise to trade at 91.90 against the American currency in early deals on Friday (January 30, 2026), supported by lower crude oil prices in the international market. According to forex traders, a sharp recovery…
The start of 2026 has seen gold and silver surge to record highs – only to crash on Friday. Gold prices peaked above USD 5,500 (AUD 7,900) per ounce for the first time on Thursday, well above previous highs. But by the end of Friday, it had dropped to around USD 5068 (AUD 7,282). Silver…
The global move away from the U.S. dollar is gathering pace as broader geopolitical uncertainty raise concerns over the stability and predictability of the dollar-centric financial system. In response, central banks, particularly in emerging markets, are boosting their gold reserves, pushing bullion prices to volatile highs. Although the dollar remains the world’s dominant reserve currency,…
A view of the Bombay Stock Exchange in Mumbai. | Photo Credit: Reuters Benchmark equity indices Sensex and Nifty tumbled in early trade on Friday (January 30, 2026) after a three-day rally, dragged by IT stocks and caution ahead of the Budget presentation on February 1. Fresh foreign fund outflows and weak trends in global…
Image for representational purposes only. | Photo Credit: Reuters Google India has posted a flat profit of ₹1,436.9 crore on standalone basis in the financial year 2025 due to decline in revenue and increase in employee and tax expenses, according to a regulatory document shared by market intelligence firm Tofler. The company had posted a…
Benchmark equity indices Sensex and Nifty ended lower on Friday (January 30, 2026), snapping a three-day rally, dragged by metal, IT stocks and caution ahead of the Budget presentation on February 1. Fresh foreign fund outflows and weakness in the rupee also added to the bearish trend in the equity markets. The 30-share BSE Sensex…
Image used for representational purposes only. File | Photo Credit: Reuters The rupee on Friday (January 30, 2026) hit its record low of 92.02 before ending a tad higher at 91.97 against the U.S. dollar, amid a firm American currency and volatile geopolitical cues. Forex traders said sustained withdrawal of foreign funds and a negative…
