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If India stops buying Russian oil, what it could mean for Moscow’s revenues — explained

Russia could face a sharp drop in oil revenues if US President Donald Trump succeeds in pushing India to scale back or halt purchases of Russian crude, potentially forcing Moscow to cut prices to attract alternative buyers, analysts and traders told Reuters.The development comes after Trump said a recent US-India trade deal included provisions linked…

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88% individual taxpayers shift to new tax regime, CBDT chief rules out sunset clause for old regime

The new income tax regime has seen widespread adoption among individual taxpayers, with about 88 per cent now filing returns under the system, CBDT Chairman Ravi Agrawal said, while clarifying that the government is not considering a sunset clause for the old tax regime.He said the choice between tax regimes continues to remain with taxpayers,…

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US markets today: Wall street opens mixed as tech stocks weigh; gold climbs back above $5,000 per ounce

US equities moved in mixed territory early Wednesday, with technology stocks continuing to weigh on sentiment, while gold prices rebounded and moved back above the $5,000-per-ounce mark as investors sought safe-haven assets.The S&P 500 slipped 0.1% in early trade, coming off its fourth modest decline in the last five sessions. The Dow Jones Industrial Average…

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Union Budget: CREDAI flags lack of affordable housing push, warns share may shrink further

Realtors’ apex body CREDAI on Sunday expressed disappointment over the Union Budget 2026-27, saying it failed to offer any concrete measures to boost demand and supply in the affordable housing segment.The association, which represents around 15,000 real estate developers across the country, warned that the share of affordable housing in new home launches could shrink…

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Now, IndiGo cutting wide body Europe & UK flights too

NEW DELHI: After its narrow body operations, IndiGo will now cut its Europe & UK flights mounted on wide body aircraft too. Copenhagen flights will be suspended till further notice from Feb 17. The airline says its twin aisle operations have “faced external operational constraints; continuously changing airspace constraints due to geo-political circumstances and congestion…

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Rail modernisation: Railways plans 260 Vande Bharat sleeper rakes; phased rollout with advanced safety, comfort features

The government has planned to manufacture 260 rakes of Vande Bharat Sleeper trainsets as part of efforts to upgrade long-distance rail travel with advanced safety systems and passenger comfort features, according to Union minister Ashwini Vaishnaw in a written reply in the Lok Sabha.The programme will be executed in phases covering prototype development, testing, trials…

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Is another repo rate cut on the table as RBI MPC meets? What to expect from Friday’s policy outcome

The Reserve Bank’s rate-setting panel began its two-day deliberations on Wednesday, with markets closely watching whether borrowing costs could fall further amid supportive macro conditions and improving sentiment.The six-member Monetary Policy Committee (MPC), headed by RBI Governor Sanjay Malhotra, started discussions on the next set of bi-monthly interest rates against the backdrop of a growth-focused…

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Stock market today: Top gainers and losers on NSE, BSE on February 4- check list

Benchmark indices ended the day with modest gains, supported by stock-specific buying in select large-cap counters despite a largely sideways trading session. The Sensex closed at 83,817.69, up 78.55 points, while the Nifty50 settled at 25,776.00, gaining 48.45 points and remaining above the 25,750 mark.Trent and Eternal were among the top performers, rising around 5…

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