Industry body Confederation of Indian Industry (CII) has called for a faster, demand-driven privatisation strategy for public sector enterprises (PSEs) in the Union Budget 2026-27, urging the government to adopt a predictable roadmap to unlock value from disinvestment and mobilise resources for capital expenditure amid global economic uncertainties.In its Budget proposals, CII suggested an accelerated […]
Budget 2026: Govt should avoid hiking surcharge on super-rich, reviving wealth tax; why experts warn of capital flight
Tax experts have cautioned the government against raising the income tax surcharge on high-income individuals or reintroducing a wealth tax in the Union Budget 2026-27, warning that such moves could push wealthy taxpayers to relocate to low-tax jurisdictions and hurt investment and job creation.At present, individuals earning over Rs 50 lakh are subject to a […]
Market sell-off: 7 of top-10 firms lose Rs 3.63 lakh crore in a week; Reliance, HDFC Bank biggest drags
The combined market capitalisation of seven of India’s 10 most valued companies fell by Rs 3,63,412.18 crore last week, with Reliance Industries emerging as the biggest laggard amid a broader sell-off in equities, PTI reported.The benchmark BSE Sensex declined 2,185.77 points, or 2.54 per cent, during the week, reflecting weak investor sentiment.“Indian equity markets ended […]
FMCG sector rebound: Key players report volume-led growth; rural demand and e-commerce shine
The FMCG sector registered a robust recovery in the December quarter, aided by GST changes, festive sales, and reduced costs of raw materials. Even Dabur, Marico, and Godrej Consumer Products reported volume growth with single-digit revenue growth along with improved operating profit margins. The rural market continued to report better sales than the urban market, […]
Budget 2026: CII pitches demand-led disinvestment plan; proposes four-step privatisation roadmap
The Confederation of Indian Industry (CII) suggested a four-fold privatisation process in their recommendations on the Union Budget 2026-27. They called for faster and more predictable disinvestment. The industry body claimed that a calibrated privatisation approach would help sustain capital expenditure and fund development priorities, particularly in sectors where private participation can improve efficiency, technology […]
Budget 2026: Micro-fertiliser makers pitch reforms; call for uniform GST, single business licence system
The Indian Micro-Fertilizers Manufacturers Association (IMMA) has requested several key changes from the central government ahead of the Union Budget. These include extending 5 per cent GST to all fertilizers under the Fertilizer Control Order, speeding up GST credit refunds, and creating a single licensing system. The association made these demands on Sunday through its […]
Crypto in 2026 won’t be won by luck: Top Dubai experts reveal trading tips for profit that actually work
Viral Trades Are Dying, Forget Moonshots: Dubai’s Top Crypto Minds Say This Is How You Win Profits in 2026 Dubai, January 11, 2026: With the global cryptocurrency economy evolving rapidly, crypto traders in the UAE are sharpening their strategies for what many analysts predict will be a pivotal year. According to Dubai market specialists, 2026 […]
Maduro capture aftermath: US official reveals when Venezuela oil sanctions could be lifted; IMF, World Bank talks hinted
US Treasury Secretary Scott Bessent (File photo) US Treasury Secretary Scott Bessent hinted at possible easing of sanctions on Venezuela’s oil exports in the next week, after the arrest of Venezuela President Nicolas Maduro by US forces. The US Treasury is also scheduled to hold discussions with the heads of the International Monetary Fund and […]
Jyotiraditya Scindia announces Speed Post 24 and 48 services
PICHOR: Union Minister for Communications and Northeast Region Development and Guna MP Jyotiraditya Scindia on Saturday announced two new India Post services, Speed Post 24 and Speed Post 48, at Pichor in Shivpuri district, which will ensure delivery within 24 and 48 hours, respectively.This announcement, made through a local program, is being considered an important […]
Insurer’s staff posts earnings on WhatsApp status
ICICI Lombard General Insurance Co, a unit of country’s second-largest private lender, said an employee uploaded undisclosed information about third quarter earnings as a personal WhatsApp status, days ahead of the planned release.The worker, who broadcast the information after market hours on Friday, deleted the “status” within an hour, the ICICI Bank Ltd. unit said […]