Daily trending news …
From February 1, cigarette prices in India will rise as the Centre introduces a new excise duty regime based on cigarette length, alongside higher cess on tobacco and pan masala products. This marks the first major tax hike on cigarettes in nearly seven years.
The Budget 2026 emphasizes higher capital expenditure for the rail sector, aiming to modernize safety, speed, and passenger experience, with a focus on infrastructure upgrades and PPP participation to boost capacity and productivity.
With Budget 2026 approaching, India’s crypto ecosystem is watching closely for tax reforms that could ease one of the world’s toughest virtual digital asset regimes. Industry experts expect rationalisation rather than aggressive taxation, including potential relief on loss offsets and holding rules.
UIDAI has launched a new Aadhaar app that lets users update their Aadhaar-linked mobile number directly from their smartphones using OTP-based authentication and face verification, eliminating the need to visit an enrolment centre in most cases.
The United States entered a partial government shutdown after Congress failed to pass the 2026 budget before the deadline, reviving fears among federal workers. While disruption is expected to be short-lived, nearly three-quarters of government operations face uncertainty.
Silver prices witnessed an unprecedented collapse, plunging nearly ₹1.08 lakh per kg on MCX within a single session after touching record highs. The sharp reversal followed a stronger US dollar after Kevin Warsh’s Fed appointment, a steep correction in gold prices and aggressive profit booking. Despite the historic fall, analysts say long-term prospects remain linked to supply constraints, industr
The Indian government refuted social media claims that the Union Budget 2026-27 was leaked on Telegram, stating the circulating images are fake. The Press Information Bureau (PIB) clarified that one image is from the previous year’s budget with the year digitally edited, while another is entirely fabricated and not from any official document.
Confident Group Chairman CJ Roy was found dead at his Bengaluru residence on January 30 during an official raid, triggering widespread speculation. While early reports suggested suicide, police have not confirmed the cause of death and are awaiting post-mortem findings.
US stock markets declined as technology shares weakened despite investor confidence in Kevin Warsh’s appointment as Federal Reserve Chair. The S&P 500, Nasdaq and Dow slipped amid rising Treasury yields and stronger-than-expected inflation data. Gold and silver futures dropped sharply, signalling improved risk sentiment.
After reaching record high gold and silver rates today plunged. As investors flocked to book profit and US federal bank did not cut the interest rates, the global markets see huge price reduction that is reflecting in Indian market as well.
