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2026-02-01 16:03:41| The Economic Times

To discourage misuse of tax arbitrage, promoters will be subject to an additional buyback tax, raising the effective tax rate to 22 per cent for corporate promoters and 30 per cent for non-corporate promoters, she stated.


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2026-02-01 15:32:57| The Economic Times

Finance Minister Nirmala Sitharaman has called the 10 percent nominal GDP growth estimate for the financial year beginning April 1, 2026, realistic. This projection is based on current GDP base year and methodology. India's GDP is estimated at Rs 393 lakh crore. The government will soon revise base years for key economic indicators like GDP and CPI.


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2026-02-01 15:32:31| The Economic Times

Gold prices rebounded nearly 7% on MCX after a brutal selloff ahead of Budget 2026. Profit booking, margin pressures and lack of jewellery-sector relief weighed on bullion, while silver stayed flat after historic volatility following record crashes in both metals.


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