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01.02 / 14:23
Citi Provident Analysis Experts show International PM Internship Scheme sees sharp cut in funding in Budget 2026 amid poor response
Subscribe to enjoy similar stories. The Prime Minister’s Internship Scheme (PMIS), one of the Modi government’s flagship initiatives aimed at boosting youth skilling and employability, has faced a sharp funding cut in the FY27 Union Budget presented on Sunday. The scheme was allocated ₹4,799.96 crore for FY27, less than half of the over ₹10,000 crore earmarked for it in FY26, following unspent funds and a lukewarm response from candidates.
01.02 / 13:09
markets UPS Action Sustainability Trade Videos Vijay L. Bhambwani's Ticker: Volatility threat can spike this week
Subscribe to enjoy similar stories. Dear reader, Please note that I am writing this piece on Saturday, before the budget is presented. Last week, I wrote bulls appeared to be on the ropes.
01.02 / 13:09
markets UPS trends performer 2020 Headlines Herd mentality fading? Retail investors turned selective ahead of Budget 2026
Subscribe to enjoy similar stories. Retail investors, once quick to load up on stocks ahead of the Union Budget, turned more cautious this year. The shift had less to do with the Budget itself and more to do with with the circumstances of the market.
01.02 / 13:09
Waters economy Trade cover reports Headlines Union budget: Why the real impact on India’s economy lies beyond the headlines
Subscribe to enjoy similar stories. The date of 1 February for the announcement of the Union budget precedes by a month the release of the advance estimate of India’s gross domestic product (GDP) based on three quarters, which this year will mark the start of a new GDP series with 2022-23 as its base year, replacing the old series based on 2011-12. The new series will change the sectoral weights, and with that, the estimates of aggregate real growth for the first two quarters.
01.02 / 12:37
markets COST FIVE Manufacturing security Analysis Trade Budget bloodbath: Market breadth hits 5-year low as STT hike triggers widespread rout
Subscribe to enjoy similar stories. MUMBAI : Market breadth has hit at least a five-year low during Sunday’s budget session, with four out of every five BSE 500 stocks retreating. This marks the most widespread sell-off on a budget day since 2021, erasing gains across every sector except pharma and textiles.
01.02 / 12:11
UPS Citi hospital travelers International cricket Budget boosts sentiment in hospitality stocks. Cricket World Cup in focus
Subscribe to enjoy similar stories. The Union Budget 2026-27 put the spotlight on the tourism and hospitality sector. The finance minister proposed measures to strengthen the tourism ecosystem, with focus on medical tourism, skilling and institutional capacity-building.
01.02 / 12:11
markets Provident Maxim Platform security Research Trade Budget 2026: STT hike to hit derivatives trading volumes
Subscribe to enjoy similar stories. Stocks of capital-market-related companies such as exchanges and discount brokers have been hit hardest by the steep hike in securities transaction tax (STT). Listed companies aren’t the only ones that will bear the brunt — the valuation of NSE’s upcoming initial public offering (IPO) will also be affected as it is the dominant exchange in equity derivatives trading.
01.02 / 10:59
UPS Provident economy Food Bill social Rural economy gets spending boost in Budget with allocations to jobs scheme
Subscribe to enjoy similar stories. The Union Budget 2026-27 gave a massive spending boost to the rural economy, thanks to a sharp increase in the allocations for the government’s flagship jobs scheme—Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). The push comes as the Centre begins transitioning away from MGNREGA to the revamped scheme.
01.02 / 10:59
markets Provident Digital Strategy show electronic Budget 2026 in charts: Outlay for education and AI
Subscribe to enjoy similar stories. Union finance minister Nirmala Sitharaman presented the Union Budget 2026-27 on Sunday, 1 February, against the backdrop of renewed geoeconomic disruptions affecting India. With these pressures likely to spill into the coming fiscal year, the Budget 2026 offers a window into how the Centre plans to respond to pressing challenges.
01.02 / 10:59
UPS Digital CEO economy Experts Schools Colleges Budget aims to boost India's animation, content creation with ₹250-crore investment
Subscribe to enjoy similar stories. India’s animation, visual effects, gaming and comics (AVGC) ecosystem is set for a significant boost after finance minister Nirmala Sitharaman proposed a ₹250-crore allocation to expand formal talent development across schools and colleges, signalling a push to institutionalize the country’s fast-growing creator economy.
01.02 / 10:15
markets COST Trade President show reports Budget 2026 report card on exports, textiles, and startups
Subscribe to enjoy similar stories. Finance minister Nirmala Sitharaman presented the Union Budget for 2026–27 on Sunday, against the backdrop of renewed geo-economic disruptions affecting India. With these pressures likely to spill into the coming financial year, the Budget offers a window into how the government plans to respond to a set of pressing challenges.
01.02 / 09:49
UPS Target Sustainability show performer shock recommendations Union Budget 2026-27: How India's fiscal math works under the new debt rule, in charts
Subscribe to enjoy similar stories. The Union Budget 2026-27 marks a fundamental shift in India’s fiscal framework. Starting next fiscal, the government has adopted the debt-to-GDP (gross domestic product) ratio as its main fiscal anchor, marking a strategic departure from the traditional focus on fiscal deficit.
01.02 / 09:49
markets UPS Provident Manufacturing Trade International Destinations Budget 2026: Auto sector left wanting
Subscribe to enjoy similar stories. Going into the Union Budget 2026-27, expectations from the automobile sector were decidedly high. While the budget was not hostile towards the sector, it was not ambitious either.
01.02 / 09:49
UPS Target trends shooting show performer Budget 2026: How robust non-tax revenues help the Centre salvage tax shortfall, in charts
Subscribe to enjoy similar stories. The Union Budget presented on Sunday confirms a trend that has been building through FY26: the government is contending with a sizeable tax shortfall in the current fiscal year, as collections fall short of budgeted expectations. Slower nominal GDP growth in FY26, coupled with revenue foregone from earlier cuts in income tax and the goods and services tax (GST), has squeezed receipts.
01.02 / 08:25
markets COST UPS show International Budget 2026: MGNREGS, affordable housing, tourism—what the charts reveal
Subscribe to enjoy similar stories. Finance minister Nirmala Sitharaman presented the Union Budget for 2026-27 on Sunday, 1 February, against the backdrop of renewed geo-economic disruptions affecting India. With these pressures likely to spill into the coming financial year, the Budget offers a window into how the government plans to respond to a set of pressing challenges.
01.02 / 00:59
markets UPS Target trends Trade Experts performer Budget 2026: Raja Venkatraman shares top stock picks for 1 February
Subscribe to enjoy similar stories. Stock market recap: The Indian stock markets closed lower on Friday, 30 January, as various factors led to widespread selling across different sectors. The Sensex dropped approximately 0.35% to finish close to 82,269, while the Nifty 50 fell 0.40% to 25,320.
01.02 / 00:59
markets Digital President Bitcoin reports rights The vibe in the crypto market right now: ‘Stay alive’
Subscribe to enjoy similar stories. The party in the crypto market is starting to feel like a distant memory. After a disappointing end to 2025, major cryptocurrencies have languished to start the new year.
01.02 / 00:59
markets Action Sustainability Trade Experts performer recommendations Budget Day stock recommendations from MarketSmith India
Subscribe to enjoy similar stories. Stock market recap: The Indian stock markets closed lower on Friday, 30 January, as various factors led to widespread selling across different sectors. The Sensex dropped approximately 0.35% to finish close to 82,269, while the Nifty 50 fell 0.40% to 25,320.
01.02 / 00:59
markets UPS Google Software social consequences Stop panicking about AI. Start preparing
Subscribe to enjoy similar stories. Solving fiendish maths problems, making complex medical diagnoses, conjuring up new software in moments: the feats of generative AI get more impressive by the day. But anxiety about its social consequences is mounting, too.
31.01 / 10:33
markets Trade President track blues Retail gold, silver bulls to face Sunday blues
Subscribe to enjoy similar stories. Retail investors who piled into the blistering bullion rally were left nursing steep losses after MCX silver and gold futures crashed an unprecedented 27% and 12%, respectively, on Friday. The full impact on bullish positions is likely to become clearer when markets reopen on Sunday.
31.01 / 10:33
UPS CEO Death wellness 2020 Courts Former Citibank India CEO Pramit Jhaveri not to seek another term at Sir Dorab Tata Trust
Subscribe to enjoy similar stories. Bengaluru and Mumbai: Former Citibank India CEO Pramit Jhaveri has decided not to seek another term at the Sir Dorabji Tata Trust, one of the two principal trusts that controls the $300-billion Tata group of companies. His term expires 11 February.

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