Daily trending news …
A shocking rental incident in Bengaluru has sparked outrage after a young professional was allegedly asked to pay one month’s rent merely to view an apartment. Shared on Reddit, the episode highlights growing exploitation in the city’s housing market, where even basic flat visits are being monetised. The incident has renewed concerns over unchecked practices, rising rents, and the increasing burde
Gold and silver ETFs plunged as much as 20% after precious metal prices extended their decline for a third straight session. The sharp fall followed profit booking from record highs and aggressive unwinding of trading positions, triggering heavy selling in commodity-linked funds.
Bitcoin’s sharp decline to under $75,000, erasing much of its 2025 gains and reflecting broader crypto market weakness seen in late 2025 reports. This drop follows a peak above $126,000 in October 2025.
Finance minister Nirmala Sitharaman announced tax holiday until 2047 to any foreign company that provides cloud services to customers globally, by using data centre services from India. This is going to benefit Ambani & Adani who are building massive data centers in India.
The Union Budget announced a sharp hike in Securities Transaction Tax, significantly increasing trading costs in futures and options. Higher STT has pushed up breakeven levels for NIFTY futures and options trades, making short-term strategies less profitable. The move is expected to reduce F&O volumes, impact brokerages and exchanges, and increase hedging costs for asset management companies, mar
Indian share markets are experiencing a sharp decline today due to disappointment over the Union Budget 2026 presented on this historic Sunday. Key measures like the hike in Securities Transaction Tax (STT) on F&O trading and the absence of relief on Long-Term Capital Gains (LTCG) tax triggered heavy selling, erasing early gains.
The 2026 Budget launches regional medical hubs, Ayurveda institutes, and expands NIMHANS, creating 250,000 healthcare jobs while making specialized emergency and traditional treatments accessible nationwide.
Individual Persons Resident Outside India (PROI) will be allowed to invest in equity instruments of listed Indian companies through the Portfolio Investment Scheme. It is also proposed to increase investment for PROI from 5% to 10%.”
In the Union Budget 2026-27, FM Nirmala Sitharaman announced a significant increase in STT (Securities Transaction Tax). The tax on Futures has been raised from 0.02% to 0.05%, and on Options (Premium) from 0.1% to 0.15%.
Finance Minister Nirmala Sitharaman wore a purple Kattam Kancheevaram silk saree with light golden brown checks and a coffee brown thread-work border for her ninth Union Budget presentation on January 31, 2026. This handwoven choice honors Tamil Nadu’s weaving legacy, especially timely ahead of the state’s Assembly elections.
