Foreign investors have remained cautious ahead of the Union Budget amid expectations of limited policy changes.
The Union Budget on Sunday proposed a tax holiday till 2047 for foreign companies that provide cloud services to customers globally using data centres located in India, signalling the government's push to make the country a major hub for AI and digital infrastructure.
The last rites of Maharashtra Deputy Chief Minister Ajit Pawar, who died in a plane crash, will be held with full state honors in Baramati. Union Home Minister Amit Shah is expected to attend.
Equity benchmark indices Sensex and Nifty ended higher in highly volatile trade on Tuesday, buoyed by heavy buying in bank and metal stocks, a firm trend in global markets and optimism over India-EU FTA. The 30-share BSE Sensex climbed 319.78 points, or 0.39 per cent, to settle at 81,857.48.
The Union Budget on Sunday proposed a tax holiday till 2047 for foreign companies that provide cloud services to customers globally using data centres located in India, signalling the government's push to make the country a major hub for AI and digital infrastructure.
President Droupadi Murmu and PM Narendra Modi congratulated India's U-19 team after their record sixth World Cup win, powered by Vaibhav Suryavanshi's stunning 175 against England in the final.
Stock market benchmark indices Sensex and Nifty ended 2.5 per cent higher on Tuesday after India and the US agreed to a trade deal under which Washington will bring down the reciprocal tariff on Indian goods to 18 per cent.
Modi, who arrived in Kuala Lumpur on Saturday on a two-day visit, referred to the trade deals India agreed with various countries and said India is seen as a "trusted partner for growth".
After his death, Sharad Pawar and other leaders of his party claimed that merger talks were in advanced stages and Ajit Pawar had finalised February 12 as the date to announce reunification between the rival factions.
The Supreme Court of India quashed a rape FIR, stating the case was a consensual relationship that turned sour. The court emphasized the need for caution in identifying genuine rape cases versus disputes arising from consensual relationships.
CA Sumeet Mehta analyses the Union Budget 2026-2027, identifying key positives and negatives.
The Union Public Service Commission (UPSC) has announced mandatory face authentication for all candidates at examination centers and introduced stricter eligibility criteria for the Civil Services Examination (CSE) 2026.
The National Zoological Park (NZP) in Delhi is facing allegations from its workers' union regarding the death of a jackal. The union claims the animal suffocated inside a bear den after staff used chili powder and fire to force it out. The incident has sparked calls for an independent inquiry and raised concerns about animal welfare protocols at the zoo.
Mbappe fires Real Madrid to the summit, Bayern lose at home and Dortmund stay in the title hunt.
Defence Minister Rajnath Singh praised the Indian Coast Guard's role during Operation Sindoor and highlighted its importance in national security on the occasion of its 50th Raising Day.
One of the underground lines will head towards Bagdogra, a location of strategic importance due to its role in India's air defence infrastructure.
Foreign Portfolio Investors (FPIs) remained in a selling mode in January, withdrawing nearly Rs 36,000 crore (about $3.97 billion) as global uncertainties persisted. Meanwhile, a higher securities transaction tax (STT) proposed in the Union Budget may weigh on overseas investor participation in the near future.
'People become guided by emotions, fear of missing out, and greed. They tend to invest in booming sectors that may prove exceptionally expensive.' 'Typically, that represents the peak, and subsequently, they lose substantially.'
Reiterating Sitharaman's statement that this is a youth power budget, Modi emphasised that the provisions made in the budget will prepare leaders, innovators and creators across different sectors.
Senior NCP leader Narhari Zirwal says the public wants Sunetra Pawar, wife of late Deputy CM Ajit Pawar, to be brought into the Maharashtra state ministry.
'As long as apps show impossible delivery times, delivery and packaging workers will be pressured to meet unsafe, unhealthy standards.'
European Commission President Ursula von der Leyen wore stunning Banarasi during her India visit. See how fashion became smart diplomacy.
This Budget positions India's taxation ideology as not merely a revenue source but as a strategic catalyst for growth, inclusion and long-term confidence.
The Supreme Court has sought responses from the Centre, the CBI and others on a plea filed by a 78-year-old retired banker who was duped of Rs 23 crore after allegedly being put under "digital arrest" for nearly a month.
US Treasury Secretary Scott Bessent's remarks come ahead of a high-level summit where India and the European Union are expected to formally announce the conclusion of negotiations on a comprehensive free trade agreement.
Ajit Pawar and four others on board died after the chartered plane crashed.
Popular Odia music composer and singer Abhijit Majumdar passed away at the age of 54 while undergoing treatment at AIIMS Bhubaneswar. He had been suffering from hypertension, hypothyroidism, and chronic liver disease.
2027's housing census trims questions but adds digital-age indicators like Internet and smartphones.
Armed CRPF commandos will accompany him during his travels across the country, they added.
European wines are set to enter the Indian market at lower prices under the bilateral free trade agreement as India will provide import duty concessions under the pact, an official said. Under the pact, the duty on EU wines would fall from 150 per cent to 20 per cent (for expensive ones).
'No one can or will bar India from pursuing its energy goals as it wishes.' 'The US FTA wording may sound more restrictive, but the underlying reality will not undermine India's sovereign energy decisions.'
MEA spokesperson Randhir Jaiswal said India's energy decisions are guided by national interest.
A GST Deputy Commissioner, Prashant Kumar Singh, resigned in protest against Shankaracharya Avimukteshwaranand's remarks against Uttar Pradesh Chief Minister Yogi Adityanath, citing attempts to divide the nation on caste and religious lines.
The Congress and DMK parties in Tamil Nadu are set to begin seat-sharing negotiations in a week for upcoming elections, with leaders from both parties expressing confidence in a smooth and successful alliance.
Ajit's uncle and NCP-SP chief Sharad Pawar, however, has urged people not to politicise the death of his nephew.
Among its 27 recommendations for the Union Budget is this: It has suggested that equity investments held for more than one year and up to three years should be taxed at 12.5 per cent on gains exceeding 2 lakh in a financial year.
Restoring weighted tax deductions and adopting a petty patents regime can foster firm-level innovative activity critical for competitiveness, points out Nagesh Kumar.
The fiscal tilt towards capex benefits companies in investment-related sectors like capital goods, defence equipment, engineering & construction and metal & mining. The planned cut in revenue expenditure will weigh on companies in consumption sectors like FMCG, consumer durables and retail.
India has fully protected its sensitive sectors like dairy, rice, wheat, pulses, tea, genetically modified (GM) goods, and coffee by not granting any import duty concessions to the European Union (EU) under the bilateral free trade agreement, according to the Commerce Ministry.
Guterres emphasised that global structures and institutions must reflect the complexity and the opportunity of the "new times and realities"
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