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Indian-news

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 31 Jan 2026 04:07 PM   EconomicTimes

Ahead of Budget, SBI chief calls for taxation parity between bank deposits, equity bets

SBI chairman C S Setty calls for equal tax treatment on returns from equity investments and bank deposits. He believes this will create a level playing field for financial savings. A banking official also requests an extension of the tax holiday for income earned in Gujarat's GIFT City. This move aims to boost activity in India's International Financial Services Centre.

 31 Jan 2026 01:18 PM   EconomicTimes

Higher excise, health cess to kick in on tobacco products, pan masala from February 1

New taxes on cigarettes, tobacco, and pan masala begin February 1. This marks a major tax change for these products. Excise duties and a health and security cess are introduced. GST rates are adjusted, and a new MRP-based valuation system for tobacco products aims to curb evasion. Steeper duties and tighter compliance measures are now in effect.

 31 Jan 2026 10:57 AM   EconomicTimes

Adani Green clarifies company not party to US SEC civil case against Gautam, Sagar Adani

Adani Green Energy Limited has issued a clarification regarding a civil case filed by the US Securities and Exchange Commission. The company stressed that it is not a party to the proceedings. No charges have been brought against Adani Green Energy Limited itself. The case pertains only to directors Gautam Adani and Sagar Adani in their personal capacity.

 31 Jan 2026 10:15 AM   EconomicTimes

CREDAI National felicitates Marina Skies, highlighting Hyderabad’s move toward sustainable housing

Hyderabad's real estate shines as Marina Skies by CYBERCITY Builders & Developers clinches the 'Best Residential Project – Mid Segment' at the CREDAI National Awards 2025. This accolade highlights the project's superior planning, execution, and liveability, reflecting Hyderabad's growing appeal for modern urban living and well-crafted residential spaces.

 31 Jan 2026 09:19 AM   EconomicTimes

US Ambassador Sergio Gor congratulates Air India on 30 Boeing 737 MAX jet order

Air India has announced an order for 30 additional Boeing 737 MAX aircraft, comprising 20 737-8 and 10 737-10. This latest purchase brings the airline's total orders with Boeing to 250, reinforcing its fleet expansion and modernization strategy as a world-class global carrier.

 31 Jan 2026 09:13 AM   EconomicTimes

Can Budget take a leaf out of China's BYD story to give India its own EV giant?

India's EV market is growing, but faces challenges like a two-wheeler sales slowdown and financing issues. From Budget 2026, the industry seeks structural reforms, including GST rationalization, component-level PLI support, and a national charging roadmap, to foster domestic manufacturing and achieve mass adoption.

 31 Jan 2026 08:58 AM   EconomicTimes

Ram Mohan Naidu discusses sustainable fuel, air mobility cooperation with French minister

Union Civil Aviation Minister Ram Mohan Naidu met French Transport Minister Philippe Tabarot on Friday to discuss boosting aerial connectivity and deepening India-France strategic ties. The talks focused on cooperation in sustainable aviation fuel (SAF), advanced air mobility, and developing aviation skills and training.

 31 Jan 2026 08:36 AM   EconomicTimes

Southeast Asia’s tobacco toll meets India’s tough tax move

Tobacco causes more deaths in Southeast Asia than any other preventable factor, claiming 3.2 million lives annually. India is using fiscal policy to curb consumption, raising GST on tobacco products from 28% to 40% starting February 1, a move shown to reduce use, especially among youth and low-income groups, while offsetting healthcare costs.

 31 Jan 2026 05:30 AM   EconomicTimes

Apple posts record sales in India with strong growth across iPhone, Mac, iPad, and services

Apple CEO Tim Cook said the company had a “terrific quarter” in India for October–December 2025, setting revenue records across iPhone, Mac, iPad, and services. Sales in India grew at a “strong double-digit” pace, with Apple opening its fifth store and planning another in Mumbai.

 31 Jan 2026 05:30 AM   EconomicTimes

Aditya Birla Group among top 4 in Sprng Energy race

Aditya Birla Group has entered the race to acquire Shell's renewable energy platform, Sprng Energy, joining NIIF, KKR, and Sembcorp. The conglomerate's late entry places it among four shortlisted entities now conducting due diligence. This potential acquisition could represent the year's largest M&A deal in the renewable energy generation sector.

 31 Jan 2026 01:12 AM   EconomicTimes

What $1 million buys in global property markets, from Monaco to Mumbai

A million dollar budget buys vastly different property sizes globally. Prime locations like Monaco and Hong Kong offer mere square metres. Cities such as Singapore, London, and New York provide slightly more space. Dubai and Melbourne offer larger homes despite price increases. Mumbai provides over 1000 square feet. Dubai remains relatively affordable compared to other global cities.

 31 Jan 2026 01:05 AM   EconomicTimes

IDBI Bank bidders have a post-Budget deadline

Companies bidding on a recent opportunity must submit an unconditional offer, according to bid documents. Any conditions attached to an offer will make it invalid. The documents also state that bidders will not have the right to make changes to the share purchase agreement after it is submitted to the Department of Investment and Public Asset Management (Dipam). This information comes from people familiar with the matter.

 31 Jan 2026 12:52 AM   EconomicTimes

Like to travel solo? You have company, but no one's a pair

Solo travel is booming in India. Younger Indians are increasingly choosing to explore the world alone. They prefer unique experiences over traditional sightseeing. Destinations like Vietnam, Sri Lanka, the USA, and Europe are popular. This trend shows a significant shift in how people approach travel, with a focus on personal growth and curated adventures.

 31 Jan 2026 12:44 AM   EconomicTimes

EY, PwC ‘Chinese Walls’ under spotlight amid insider trading allegations

Allegations of insider trading against EY and PwC partners in India have raised concerns about the effectiveness of 'Chinese walls' and internal controls within professional services firms. These firms' deep involvement in deal-making, including IPOs and M&As, creates risks of price-sensitive information leakage.

 31 Jan 2026 12:25 AM   EconomicTimes

New viability gap funding in the works for energy storage

A new governmental initiative is on the horizon, focused on establishing a funding scheme to enhance energy storage viability. Designed to fortify grid stability and promote the swift integration of renewable resources, this plan encompasses both pumped storage projects and advanced battery systems.

 31 Jan 2026 12:18 AM   EconomicTimes

RRBs told to expand agri & MSME loans

In a bold stride towards economic empowerment, Regional Rural Banks are ramping up their financial support for agriculture and small enterprises. This initiative comes on the heels of a notable surge in net profits, coupled with an impressive capital to risk-weighted assets ratio, showcasing their financial resilience and commitment to fostering growth in rural landscapes.

 31 Jan 2026 12:11 AM   EconomicTimes

Essar Oil & Gas to invest $100 million to expand Raniganj CBM output

The proposed investment marks the next phase of development at Raniganj East, where EOGEPL currently produces around 1 million standard cubic metres per day (MMSCMD) of natural gas, making it the largest CBM-producing block in India.