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Finance ministry secretary V Vualnam (File photo) Expenditure secretary V Vualnam says fiscal prudence was a clear priority for govt and within the constraints of the Budget, it has rolled out support for critical sectors. Excerpts:Can you help us understand the overall strategy behind the spending plan? How much flexibility on raising capex does govt…
CBIC chairman Vivek Chaturvedi CBIC chairman Vivek Chaturvedi is confident about meeting Budget targets and details number of reform measures that have been announced to shore up approvals using technology. Excerpts:A number of reform measures have been announced on the Customs side in the Budget. What is the strategy behind this?■ The FM, in her…
US Senator Lindsay Graham has linked the US trade deal to India lowering crude oil imports from Russia, and hailed Trump’s pressure tactics. (AI image) India-US trade deal: Lindsey Graham, the US Senator, who was propagating a bill that would impose 500% tariffs on countries buying Russian crude oil has said that India has ‘earned’…
Top stocks to buy (AI image) Stock market recommendations: According to Somil Mehta, Head – Alternate Research, Capital Market Strategy, Mirae Asset Sharekhan, the top stocks to buy today on February 3, 2026 are: NMDC, DLF, Blue Star, and IOC. Let’s take a look:National Mineral Development Corporation (NMDC): Buy in the range between Rs 81…
NEW DELHI: Passenger vehicle makers began 2026 on a strong note, with Jan sales data pointing to a broad-based momentum across the industry, aided by steady demand in smaller towns and cities, and sustained consumer sentiment after GST cuts.Market leader Maruti Suzuki posted passenger vehicle sales of 2.2 lakh units in Jan 2026, up from…
BENGALURU: Zensar Technologies is said to be close to acquiring Mastek in an $850–$900 million stock-and-cash deal. The move bolsters the ongoing trend of consolidation in the IT/ITeS services sector, driven partly by the dramatic changes ushered in by AI and global customers looking to reduce their number of vendors.The past year saw multiple acquisitions,…
NEW DELHI: While details are still trickling in, the announcement of the India-US trade deal couldn’t have come at a more opportune time. Having just dispatched containers for the summer season, garment and leather and footwear makers were worried about orders for the next season.The smaller players had virtually stopped shipments over the last few…
NEW DELHI: The Centre spent 5% of the funds allocated under the flagship package for employment and skilling in FY 2025-26, raising concerns over the incentive structure, targeting and implementation of the programme.The special package announced by the finance minister Nirmala Sitharaman in budget 2024-25 consisted of the internship scheme, upgradation of 1,000 govt run…
Prime Minister Narendra Modi with US President Donald Trump (File photo) NEW DELHI/ WASHINGTON: After months of bruising trade tensions, India and the US on Monday announced a bilateral trade deal that will see Washington slash additional tariffs on Indian imports to 18%, from the current 50%, making it more competitive for textiles, leather and…
India-US trade deal (AI image) India-US trade deal: Even as US President Donald Trump has announced an immediate reduction in tariff rate on India to 18%, think tank Global Trade Research Initiative (GTRI) has struck a cautious note on what the deal could mean for India.In a note post post Trump and PM Narendra Modi’s…
