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F&O STT goes up; analysts say move 'ill-timed'

New Delhi, Feb. 2 -- Union finance minister Nirmala Sitharaman, in her Budget 2026 speech, increased the securities transaction tax (STT) on futures and options (F&O) transactions, raising the levy on... Read More


Mega benefits for MSME sector in Union Budget

new delhi, Feb. 2 -- India's 7.4 million micro, small, and medium enterprises (MSMEs) will soon be beneficiaries of a new Rs. 10,000 crore fund, a top-up of an existing fund for startups, and reforms ... Read More


Rs.20,000 cr incentives for carbon capture, utilisation and storage

new delhi, Feb. 2 -- The Centre will roll out a scheme to incentivise the carbon capture, utilisation, and storage (CCUS) technologies with an outlay of Rs.20,000 crore for a period of five years, Uni... Read More


Budget: Boost to sports goods industry, NADA funding cut

New Delhi, Feb. 2 -- India's sports goods manufacturing sector received a boost in the allocation for the Ministry of Youth and Sports Affairs in the union budget presented with Rs.500 crore set aside... Read More


STT charges go up on f&o; 'ill-timed' move say analysts

New Delhi, Feb. 2 -- Union finance minister Nirmala Sitharaman, in her Budget 2026 speech, increased the securities transaction tax (STT) on futures and options (F&O) transactions, raising the levy on... Read More


Slew of announcements to give a fillip to tourism sector

New Delhi, Feb. 2 -- The Union Budget on Sunday placed tourism among the key sectors for employment generation and regional development, with proposals covering eco-tourism, heritage conservation, tra... Read More


Rs.10,000 cr initiative to position India as a biopharma hub

New Delhi, Feb. 2 -- The government will launch a Rs.10,000-crore initiative over five years to position India as a global biopharma manufacturing hub and set up a second National Institute of Mental ... Read More


'She MARTS' to strengthen women entrepreneurship

New Delhi, Feb. 2 -- Union finance minister Nirmala Sitharaman on Sunday announced a set of measures in the Union Budget 2026 aimed at expanding access to higher education for women and supporting wom... Read More


Telangana ACB arrests Mandal Revenue Inspector in bribery case

Hyderabad, Feb. 2 -- The Telangana Anti-Corruption Bureau (ACB), on Monday, caught the Mandal Revenue Inspector (MRI) of Gurampode Mandal in Nalgonda for allegedly taking a bribe of Rs 20,000. Mohamm... Read More


govt withdraws customs duty exemption for animals, birds imported by zoos

New Delhi, Feb. 2 -- The Union Budget 2026-27 presented by finance minister Nirmala Sitharaman on Sunday showed mixed outcomes for wildlife and zoo-related funding, with the government deciding to wit... Read More