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The article explains a broad risk-off phase across asset classes driven by domestic budget measures and global financial tightening. Stocks, gold, oil, crypto, and bonds fell as deleveraging increased, with India reacting to policy changes and investors reassessing outlooks amid policy uncertainty and stronger dollar pressures.
As January 2026 ends without a formal 8th Pay Commission rollout, central government employees await salary hikes effective from January 1, 2026, with experts predicting arrears for any delay, similar to past commissions. Employees should prepare for lump-sum arrears covering the gap period once approved.
Cigarette prices have jumped sharply after the government implemented additional excise duty from February 1, pushing costs higher by ₹22–₹25 per pack and up to ₹55 for premium brands. Even before revised MRPs were officially notified, distributors began billing retailers at higher prices on old stock. The sudden hike has raised concerns over consumer exploitation, smuggling risks, and the spread
Both Gold and Silver prices in the global and local market are dropping heavily. Will the gold price drop further? Here is today’s rate and the reason behind falling.
Oracle faces severe financing challenges for its AI data center expansion, leading to planned layoffs of 20,000-30,000 employees to generate $8-10 billion in free cash flow, according to a TD Cowen report cited by CIO
The New START treaty, the last remaining nuclear arms control agreement between the US and Russia, expires on Thursday without extension, lifting restrictions on deployed strategic warheads and launchers for both nations.
The Union Budget has proposed strict penalty provisions to enforce compliance in crypto asset reporting under the Income-tax Act. Non-furnishing of transaction statements may attract daily penalties, while inaccurate disclosures could invite hefty fines. Coupled with the existing 30% flat tax on virtual digital assets, the move signals a tougher regulatory stance on crypto trading in India, raisin
Finance Minister Nirmala Sitharaman announced in her Union Budget 2026 speech that the Income Tax Act, 2025, passed by Parliament on August 12, 2025, will take effect from April 1, 2026, replacing the six-decade-old 1961 framework.
US President Donald Trump stated on January 31, 2026, that India has agreed in principle to purchase Venezuelan oil instead of Iranian crude, helping replace reduced Russian imports after US tariffs.
Finance Minister Nirmala Sitharaman announced a major change to India’s customs rules that will reduce the customs duty on goods imported for personal use — whether bought online from overseas or brought back by travellers — from 20% to 10%.
