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Why Budget tax sops to attract foreign investment upset Indian data centres

The new Budget provides for tax sops to attract more foreign investments in India's data centres. So why are some Indian players upset?

Why Budget tax sops to attract foreign investment upset Indian data centres
Updated On : 04 Feb 2026 | 12:30 AM IST

Budget sends mixed signals on PLI push across key manufacturing sectors

Allocations for 2026-27 across 14 sectors reveal clear winners and laggards

Budget sends mixed signals on PLI push across key manufacturing sectors
Updated On : 04 Feb 2026 | 12:24 AM IST

Container scheme to attract ₹1 trillion investments, says Sonowal

Container support scheme will lead to capacity equal to 10% of global demand

Container scheme to attract ₹1 trillion investments, says Sonowal
Updated On : 04 Feb 2026 | 12:20 AM IST

Scrapping revenue deficit grants may strain fragile states: Economists

Economists warn that removal of revenue deficit grants could hurt fiscally weak and hill states, forcing them to seek alternative support from the Centre

Scrapping revenue deficit grants may strain fragile states: Economists
Updated On : 04 Feb 2026 | 12:16 AM IST

Maritime stakeholders join hands to form new national container carrier

State-owned maritime entities have signed an MoU to form Bharat Container Shipping Line, aimed at strengthening India's export-import logistics and reducing freight volatility

Maritime stakeholders join hands to form new national container carrier
Updated On : 04 Feb 2026 | 12:15 AM IST

US tariffs not the only factor for Customs duty changes: CBIC chairman

CBIC Chairman Vivek Chaturvedi explains the Budget's calibrated customs duty exemptions, SEZ flexibility and tariff reforms amid global trade headwinds

US tariffs not the only factor for Customs duty changes: CBIC chairman
Updated On : 04 Feb 2026 | 12:12 AM IST

India-US trade deal: Agri, dairy interests 'protected', says Piyush Goyal

Goyal said both sides were working on a "joint statement" outlining the details of the first phase of the agreement

India-US trade deal: Agri, dairy interests 'protected', says Piyush Goyal
Updated On : 04 Feb 2026 | 12:12 AM IST

Ex-SBI MD Vinay Tonse to succeed Prashant Kumar as Yes Bank MD & CEO

RBI has approved the appointment of former SBI managing director Vinay Tonse as Yes Bank's MD & CEO for three years, subject to shareholder approval

Ex-SBI MD Vinay Tonse to succeed Prashant Kumar as Yes Bank MD & CEO
Updated On : 04 Feb 2026 | 12:03 AM IST

India-US trade deal lifts great deal of uncertainty, say FinMin officials

Department of financial services (DFS) secretary M Nagaraju said: "Dark clouds of uncertainty had lifted from the world economy and industry should now cheer up and heave a sigh of relief"

India-US trade deal lifts great deal of uncertainty, say FinMin officials
Updated On : 03 Feb 2026 | 11:54 PM IST

Spain considers social media ban for under-16s, joining others in Europe

In January, French lawmakers approved a bill banning social media for children under 15, paving the way for the measure to take effect at the start of the next school year in September

Spain considers social media ban for under-16s, joining others in Europe
Updated On : 03 Feb 2026 | 11:53 PM IST

Falling Russian crude oil imports drag down pvt ports' growth to 2% in FY26

In comparison, central government-owned ports grew 9%

Falling Russian crude oil imports drag down pvt ports' growth to 2% in FY26
Updated On : 03 Feb 2026 | 11:52 PM IST

Replacing Russian oil likely to be a challenge for Indian refiners

Along with price discounts, India must replace around 1.7 million barrels per day of average Russian crude imports

Replacing Russian oil likely to be a challenge for Indian refiners
Updated On : 03 Feb 2026 | 11:49 PM IST

Global travellers get more shopping leeway under new Baggage Rules, 2026

New baggage rules emphasise electronic declarations and advance filings to minimise airport delays

Global travellers get more shopping leeway under new Baggage Rules, 2026
Updated On : 03 Feb 2026 | 11:47 PM IST

India-US trade deal: Refiners await govt nod on cutting Russian oil imports

Only two state-run refiners Indian Oil and BPCL and Russia-backed Nayara Energy Ltd purchased crude oil from Moscow in January

India-US trade deal: Refiners await govt nod on cutting Russian oil imports
Updated On : 03 Feb 2026 | 11:46 PM IST

From the brink and back: How the India-US trade deal finally shaped up

After months of tariff shocks, stalled talks and diplomatic sparring, India and the US finally stitched together a trade deal that reshaped bilateral ties

From the brink and back: How the India-US trade deal finally shaped up
Updated On : 03 Feb 2026 | 11:42 PM IST

Trade deal sweetens FY27 growth arithmetic as exports lift outlook

Economists say the India-US trade deal could lift FY27 GDP growth by 20-40 basis points by boosting exports and reducing uncertainty, though risks from imports remain

Trade deal sweetens FY27 growth arithmetic as exports lift outlook
Updated On : 03 Feb 2026 | 11:39 PM IST

India's exports to get boost with US cutting tariff: FM Nirmal Sitharaman

Trump's steep 50 per cent tariffs last year dented Indian exports by raising landed costs, squeezing exporter margins, and eroding competitiveness in the American market

India's exports to get boost with US cutting tariff: FM Nirmal Sitharaman
Updated On : 03 Feb 2026 | 11:35 PM IST

India-US trade deal brings glimmer of hope for beleaguered IT services cos

India-US trade deal eases fears of tariff spillover into IT services, offering relief to Indian tech firms amid weak global demand and delayed client spending

India-US trade deal brings glimmer of hope for beleaguered IT services cos
Updated On : 03 Feb 2026 | 11:33 PM IST

US deal, FTAs likely to stitch a new growth story for textiles sector

With the US agreeing to cut tariffs on Indian goods to 18%, industry expects India's textile and apparel exports to gain a competitive edge and post double-digit monthly growth from FY27

US deal, FTAs likely to stitch a new growth story for textiles sector
Updated On : 03 Feb 2026 | 11:32 PM IST

Consumption story of staples is making a comeback: AWL Agri executives

AWL Agri targets 7-8% edible oil volume growth, banks on capacity expansion and a demand recovery led by rural markets and staples consumption

Consumption story of staples is making a comeback: AWL Agri executives
Updated On : 03 Feb 2026 | 11:31 PM IST