Net direct tax collections till February 10 at Rs 19.43 lakh crore, up 9.4% YoY
As compared to the corresponding period of last fiscal year, the net direct tax collections were up 9.4 percent on year.
Tax dept says there was no attempt to withhold refunds, which declined 17% so far in FY26
Advanced data analytics and AI-driven risk assessment tools are now identifying large volumes of incorrect or fraudulent refund claims that were earlier processed mechanically
Draft income tax rules: Higher education-linked exemptions to boost old regime’s appeal
Experts say raising allowance exemptions, tilts incentives towards old regime for allowance-heavy salaried employees, though outcomes will depend on individual salary structures
RBI passes growth baton to government after Budget, trade deals
The macros are looking favourable and external risks have diminished. But valuations are still elevated. Where does that leave investors?
Moody's projects India's GDP to grow 6.4% in FY27, fastest among G20 economies
The operating environment for banks will remain strong in 2026, supported by robust macroeconomic conditions and structural reforms, it said.
Financial bids from Kotak, Emirates NBD, Fairfax received for IDBI Bank privatisation
The three bidders were allowed to move to the final stage of the process after completing due diligence and clearing the technical bid stage.
Financial bids received for IDBI Bank privatisation; will be evaluated: DIPAM secy
Offers submitted will be assessed as per prescribed procedure, DIPAM secretary says
Business in the Week Ahead (February 9-13, 2026)
We are just coming out of an eventful week. How will be the upcoming week look like? Other than some key economic macro prints, there are plenty to look forward to on the earnings front
Minimum import price to anchor India’s farm protection in US trade deal
MIP is a govt-notified floor value, below which imports of a particular product cannot be assessed by customs.For.example, if apples are imported at a 55% tariff, and the notified MIP is Rs 80 per kg, customs will calculate duty at Rs 80 per kg.
Loss of discounted Russian crude could add $4 billion to India’s oil import bill
According to S&P Global Energy, replacing discounted Urals with Middle East barrels will raise feedstock costs, compress margins, risk lower runs and exports. February Russian inflows are unlikely to fall to zero because some cargoes are already scheduled
OPINION | Budget 2026 lays medium-term foundation for job-led growth
Budget 2026 prioritises fiscal credibility while embedding employment in sectoral choices, exports and human capital. The shift is deliberate and medium-term. Job-led growth will ultimately depend on execution and state capacity
High-level committee will decide if India needs more, better or bigger banks: FM Nirmala Sitharaman
Sitharaman says strong balance sheets give government room to re-examine banking structure; terms of reference yet to be finalised
Budget stresses stability amid global uncertainty, customs overhaul a signature reform: Sitharaman
Finance minister says tax certainty, ease of doing business and continued reforms signal policy continuity in PM Modi’s third term
“Our party was and is in favour of strong rupee,” says FM Sitharaman
Finance Minister Nirmala Sitharaman said that the country’s macroeconomic fundamentals remain strong and the banks are closely monitoring the situation.
STT hike aimed at protecting household savings not raising revenue, says CEA Nageswaran
The Budget proposes to increase the STT on futures from 0.02% to 0.05% and options premium to 0.15% from 0.1%
Working on expanding credit support, says DEA secretary
The government is in talks with public financial institutions to see if there is a demand for long-term loans, Anuradha Thakur said at a pos-Budget interaction
Chart of the Day | What the Union Budget reveals about government priorities
While roads and bridges get a massive funding boost, education and health receive less than 5% of the Budget, showing where the priorities really lie
India's Budget 2026-27: Fiscal discipline meets growth ambition
The STT hike is a short-term headwind for equity markets and bond yields may remain elevated due to higher borrowing
Budget 2026 focuses on long term growth but falls short on reviving private sector investment: Experts
Economists say that the budget clearly resisted any temptation to push growth higher this fiscal, or even fight the global situation.
Buyback tax change is a relief for investors, not a new levy: Revenue Secretary
"We have put the tax at the hands of the shareholder as a capital gains tax, which long term will be only 12.5 percent. That is a correction and relief given to shareholders."
Union Budget 2026: Boxes ticked, but where’s the spark?
The finance minister offers a steady, investment-heavy Budget that sustains momentum, but stops short of the transformative reforms needed to secure India's place in a fractured global economy
Social sector gets a Rs 6 lakh crore push in Budget 2026-27
FM cites fulfilling aspirations and building capacity as kartavya, social sector layout sees a modest uptick
Budget 2026 | FM projects FY27 nominal growth at 10%
Growth assumption comes amid the global uncertainties.
Budget 2026 | Customs duty rationalisation targets manufacturing, exports and energy transition
Finance minister pares exemptions, tweaks tariffs across sectors from electronics and aviation to critical minerals and nuclear power
Budget 2026: 7 high-speed rail corridors to connect cities, 'growth corridors'
New corridors will be developed between Mumbai to Pune, Pune to Hyderabad, Hyderabad to Bengaluru, Hyderabad to Chennai, Chennai to Bengaluru, Delhi to Varanasi, and Varanasi to Siliguri
