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Best of BS Opinion: From fiscal transfers to a world without rules

Here are the best of Business Standard's opinion pieces for today

Best of BS Opinion: From fiscal transfers to a world without rules
Updated On : 03 Feb 2026 | 6:25 AM IST

Budget 2026 impact: Focus is on healthy, skilled and empowered Indians

The budget reflects clarity, optimism, and a results-oriented approach aimed at fostering transparency and citizen engagement

Budget 2026 impact: Focus is on healthy, skilled and empowered Indians
Updated On : 03 Feb 2026 | 6:30 AM IST

A world remade by rivalry: Each country must chart its own future

As the rules-based order fractures, geopolitics, minerals and energy rivalries are reshaping climate action, trade, and the future of global cooperation

A world remade by rivalry: Each country must chart its own future
Updated On : 03 Feb 2026 | 1:03 AM IST

Direct Taxes: Clear and predictable path laid out for easier compliance

The Finance Minister presented the Budget in Kartavya Bhawan anchored in three core kartavyas - driving economic growth, empowering citizens, and ensuring equitable access to opportunity

Direct Taxes: Clear and predictable path laid out for easier compliance
Updated On : 03 Feb 2026 | 6:20 AM IST

Indirect Taxes: Growth engine for India charged up for an uncertain world

The Budget meets industry expectations by simplifying tariff structures, boosting domestic manufacturing through duty corrections, and leveraging AI to automate trade processes for high-growth economy

Indirect Taxes: Growth engine for India charged up for an uncertain world
Updated On : 03 Feb 2026 | 6:25 AM IST

Timing of the STT hike could have been better: Jyotivardhan Jaipuria

The futures and options market had seen a lot of speculative activity, and to that extent, the effort of the government to reduce volumes in that space is understandable, says Jaipuria

Timing of the STT hike could have been better: Jyotivardhan Jaipuria
Updated On : 03 Feb 2026 | 6:15 AM IST

Union Budget 2026-27 favours capital expenditure over consumption

In comparison, the central government revenue expenditure is budgeted to decline by 2.5 per cent Y-o-Y to Rs 22.29 trillion in FY27 from FY26 revised estimates (FY26RE) of Rs 22.76 trillion

Union Budget 2026-27 favours capital expenditure over consumption
Updated On : 03 Feb 2026 | 6:10 AM IST

Union Budget 2026-27 impact: Markets may be at an inflexion point

The Nifty 50 index is up about 9.7 per cent in the last 12 months despite sustained selling from FPIs whose net sales add up to over ₹1.6 trillion over this period

Union Budget 2026-27 impact: Markets may be at an inflexion point
Updated On : 03 Feb 2026 | 6:05 AM IST

Manufacturing PMI climbs to 55.4 in January on new orders, hiring

Rising outstanding business volumes drove goods producers to hire extra staff, and the pace of job creation rose to the quickest in three months, the survey stated

Manufacturing PMI climbs to 55.4 in January on new orders, hiring
Updated On : 03 Feb 2026 | 12:33 AM IST

Lords committee flags risks for UK industries in India free trade agreement

UK parliamentary panel backs the India-UK FTA as historic but warns British firms may face delayed gains, sectoral risks and tougher competition from Indian exports

Lords committee flags risks for UK industries in India free trade agreement
Updated On : 03 Feb 2026 | 5:31 AM IST

Govt notifies new baggage rules; duty-free limit hiked to ₹75,000

The new baggage rules, 2026, come into effect from midnight on February 2 and replace a decade-old baggage rule

Govt notifies new baggage rules; duty-free limit hiked to ₹75,000
Updated On : 03 Feb 2026 | 12:23 AM IST

Budget 2026-27: FM Nirmala Sitharaman for 'a lot more on disinvestment'

Says IBC amendment Bill will come up in second half of Budget session

Budget 2026-27: FM Nirmala Sitharaman for 'a lot more on disinvestment'
Updated On : 03 Feb 2026 | 12:17 AM IST

Govt likely to consider merger of state-run financiers PFC and REC

Following the announcement, shares of the two entities surged up to 6% on Sunday's special trading session

Govt likely to consider merger of state-run financiers PFC and REC
Updated On : 03 Feb 2026 | 12:12 AM IST

US-India trade deal finalised, PM Modi thanks Trump; tariff reduced to 18%

Trump said India stopped purchasing Russian crude, a move he linked directly to the agreement between the two countries.

US-India trade deal finalised, PM Modi thanks Trump; tariff reduced to 18%
Updated On : 03 Feb 2026 | 12:11 AM IST

Rahul Gandhi's claims on India-China conflict trigger uproar in Lok Sabha

Repeated references by Rahul Gandhi to reports on former Army chief M M Naravane's unpublished memoirs drew objections from the Speaker and ministers

Rahul Gandhi's claims on India-China conflict trigger uproar in Lok Sabha
Updated On : 03 Feb 2026 | 12:09 AM IST

India's tax strategy: Attracting capital and tech, building resilience

Budget 2026-27 sharpens India's tax strategy to boost manufacturing, services, GCCs and digital infrastructure, while improving certainty and long-term investor confidence

India's tax strategy: Attracting capital and tech, building resilience
Updated On : 03 Feb 2026 | 12:07 AM IST

Income Tax dept aims to dispose of over 200,000 CIT(A) appeals in FY26

Building on last year's clearance of 172K cases, I-T department is pushing for faster appeal disposals, penalty reforms and system-driven processes to curb litigation and boost tax certainty

Income Tax dept aims to dispose of over 200,000 CIT(A) appeals in FY26
Updated On : 03 Feb 2026 | 12:02 AM IST

Trump plans $12 billion rare-earths stockpile to cut China reliance

US aims to shield manufacturers from supply shocks

Trump plans $12 billion rare-earths stockpile to cut China reliance
Updated On : 03 Feb 2026 | 12:01 AM IST

Union Budget 2026-27: Centre tops up RDI fund with ₹20,000 crore

The Centre has doubled down on its research and innovation push, adding Rs 20,000 crore to the RDI fund as officials aim to appoint more fund managers and speed up investments

Union Budget 2026-27: Centre tops up RDI fund with ₹20,000 crore
Updated On : 02 Feb 2026 | 11:59 PM IST

Why revised estimates for FY26 showed an increased food subsidy

Higher food subsidy in FY26 RE reflects Budget support for OMSS rice sales and ethanol blending, easing FCI's borrowing burden beyond PMGKAY costs

Why revised estimates for FY26 showed an increased food subsidy
Updated On : 02 Feb 2026 | 11:58 PM IST