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Finance Minister Nirmala Sitharaman has announced SHE Marts, a new initiative for rural women-led enterprises. Building on the success of the Lakhpati Didi program, this initiative will help women take the next step from credit-linked livelihoods to being owners of Enterprises. Self Help Entrepreneur'SHE' Marts will be set up as community-owned retail outlets within the cluster development federations through enhanced and innovative financing instruments, she noted. Powered by Capital Market - Live

The company's power tiller sales grew by 54.91% to 4,810 units in January 2026, compared to 3,105 units in the same month last year. Tractor sales also grew 43.72% to 447 units in January 2026, up from 311 units sold in January 2025. VST Tillers Tractors is engaged in the manufacturing of power tillers and diesel engines. The company's consolidated net profit declined 44.24% to Rs 24.98 crore in Q2 FY26, compared to Rs 44.80 crore in Q2 FY25. Revenue from operations jumped 11.19% year-on-year to Rs 315.15 crore for the quarter ended 30 September 2025. Powered by Capital Market - Live

Finance Minister Nirmala Sitharaman in her Budget 2026 speech announced allocation of Rs 10,000 crore over the next five years under the Biopharma Shakti. This will include a biopharma-focused network with three new National Institutes of Pharmaceutical Education and Research, popularly known as NIPERs, and upgrading seven existing ones.Powered by Capital Market - Live

The Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman, while presenting the Union Budget 2026-27 today in the Parliament announced that the proposals for Customs and Central Excise aim to further simplify the tariff structure, support domestic manufacturing, promote export competitiveness, and correct inversion in duty. Budget proposes to reduce the tariff rate on all dutiable goods imported for personal use from 20 per cent to 10 per cent to rationalize the customs duty structure. To provide relief to patients, particularly those suffering from cancer, the Budget proposes to exempt basic customs duty on 17 drugs or medicines. The Budget also proposes to add 7 more rare diseases for the purposes of exempting import duties on personal imports of drugs, medicines and Food for Special Medical Purposes (FSMP) used in their treatment. The Union Budget further proposes to revise provisions governing baggage clearance during international travel to address genuine concerns of passengers. The revised rules will enhance duty-free allowances and provide clarity in temporary carriage of goods brought in or taken out. Furthermore, the honest taxpayers will now be able to settle their dues and close cases by paying an additional amount in lieu of penalty, the Budget added. Powered by Capital Market - Live

The Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman, while presenting the Union Budget 2026-27 today in the Parliament announced that the proposals for Customs and Central Excise aim to further simplify the tariff structure, support domestic manufacturing, promote export competitiveness, and correct inversion in duty. Budget proposes to reduce the tariff rate on all dutiable goods imported for personal use from 20 per cent to 10 per cent to rationalize the customs duty structure. To provide relief to patients, particularly those suffering from cancer, the Budget proposes to exempt basic customs duty on 17 drugs or medicines. The Budget also proposes to add 7 more rare diseases for the purposes of exempting import duties on personal imports of drugs, medicines and Food for Special Medical Purposes (FSMP) used in their treatment. The Union Budget further proposes to revise provisions governing baggage clearance during international travel to address genuine concerns of passengers. The revised rules will enhance duty-free allowances and provide clarity in temporary carriage of goods brought in or taken out. Furthermore, the honest taxpayers will now be able to settle their dues and close cases by paying an additional amount in lieu of penalty, the Budget added. Powered by Capital Market - Live

PNGS Gargi Fashion Jewellery has opened its new exclusive brand store at Unit No GF-10B Ground Floor, Tower B of the Spectrum Metro Mall, Plot No C and D, Sector- 75, Noida, Uttar Pradesh - 201301, today, i.e. on 01 February 2026. Powered by Capital Market - Live

The key equity indices tumbled during the ongoing Budget 2026 proceedings. Investor sentiment weakened after the government announced an increase in the securities transaction tax (STT) on futures contracts to 0.05%. Nifty skid below 25,000 level, breaching its 200-day moving average. Oil & gas shares plunged for the second consecutive trading session. At 12:50 IST, the barometer index, the S&P BSE Sensex declined 994.52 points or 1.13% to 81,338.35. The Nifty 50 index tumbled 278.45 points or 1.09% to 24,994. In the broader market, the BSE 150 Mid-Cap index declined 1.54% and the BSE 250 Small-Cap index tumbled 1.12%. The market breadth was weak. On the BSE, 1,711 shares rose and 2,215 shares fell. A total of 217 shares were unchanged. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, rallied 7.11% to 14.60. MCX Gold futures for the 5 February 2026 settlement fell 4.30% to Rs 1,43,217, while MCX Silver futures for the 5 March 2026 settlement declined 9% to Rs 2,65,652. Union Budget 2026 Union Finance Minister Nirmala Sitharaman is presenting her ninth consecutive Union Budget in the Lok Sabha, becoming the first finance minister in India to deliver nine budgets in a row. She said Budget 2026'27 was prepared at Kartavya Bhavan and was being presented amid a challenging global environment where trade and multilateralism have become increasingly important. Continuing the Union Budget 2026 announcements, Union Finance Minister Nirmala Sitharaman unveiled a series of tax measures affecting capital markets, including an increase in the Securities Transaction Tax on futures contracts to 0.05%. She also announced that share buybacks will be taxed as capital gains for all shareholders, bringing their treatment in line with other equity income. On the corporate tax front, the finance minister proposed reducing the Minimum Alternate Tax rate from 15% to 14%, and said MAT will be treated as a final tax from April 1, 2026, with no carry-forward or utilisation of MAT credit, marking a shift in the existing tax framework. The Budget also outlined several customs duty changes to support domestic manufacturing and reduce input costs. These include exemption of basic customs duty on capital goods used for processing critical minerals, duty relief on select parts used in microwave oven manufacturing, and exemption on 17 cancer-related drugs to ease costs in critical healthcare segments. Further measures were announced to support the aviation sector and consumers, including exemption and reduction of basic customs duty on components and raw materials used for manufacturing, maintenance and repair of civilian and defence aircraft, alongside a cut in the tariff rate on dutiable personal imports from 20% to 10%. To strengthen India's IT services sector and attract global investment, Sitharaman announced faster timelines for concluding Advanced Pricing Agreements, reducing the process to two years with a possible six-month extension, and extending the facility of modified returns to associated entities. She also announced a tax holiday until 2047 for foreign companies providing global cloud services using data centres in India, aimed at positioning the country as a global hub for digital and cloud infrastructure. The Nifty Oil & Gas index declined 1.63% to 11,599.45. The index fell 2.16% in the two consecutive trading sessions. Aegis Logistics (down 3.22%), GAIL (India) (down 2.66%), Gujarat Gas (down 2.14%), Oil & Natural Gas Corpn (down 1.99%) and Indian Oil Corporation (down 1.81%), Petronet LNG (down 1.74%), Indraprastha Gas (down 1.62%), Reliance Industries (down 1.15%), Hindustan Petroleum Corporation (down 1.14%) and Gujarat State Petronet (down 0.95%) declined.Powered by Capital Market - Live

Finance Minister Nirmala Sitharaman in her Budget 2026 speech announced allocation of Rs 10,000 crore over the next five years under the Biopharma Shakti. The strategy will include a biopharma-focused network with three new National Institutes of Pharmaceutical Education and Research, popularly known as NIPERs, and upgrading seven existing ones.Powered by Capital Market - Live

Finance Minister Nirmala Sitharaman announced a major proposal to restructure REC Ltd and Power Finance Corporation (PFC). The initiative is designed to strengthen public sector financial institutions, improve operational efficiency, and consolidate resources to boost lending for India's power and renewable energy infrastructure. Powered by Capital Market - Live

Union Finance Minister Nirmala Sitharaman proposes to support to Indian institute of Creative Technologies (IICT) in Mumbai in setting up Animation, Visual Effects, Gaming and Comics (AVGC) content creator labs in 15,000 secondary schools and 500 colleges. Animation, Visual effects, Gaming and Comics (AVGC) sector projected to require 2 million professionals by 2030.Powered by Capital Market - Live