India Financial News

03.02 / 04:41

COST Citi Provident PwC Healthcare Experts hospital Why hospitals are targeting health insurance buyers

Subscribe to enjoy similar stories. As India seeks to deepen health insurance adoption, a few companies are combining treatment and care with medical coverage, promising improved outcomes and lower premiums. Non-life insurance premiums, including health coverage, are expected to grow at an annual average rate of 13–15% in the medium, according to PwC.

03.02 / 02:03

UPS FIVE Pool awards cover reports Thank the Finance Commission for a tax-sharing formula tilt that promotes better state-level fiscal policy

Subscribe to enjoy similar stories. The 16th Finance Commission (FC) must be commended for breaking the mould of earlier FCs in what is perhaps the most contentious area of fiscal federalism: ‘horizontal devolution’ or how each state’s share of India’s divisible pool of taxes is worked out.

03.02 / 01:05

UPS Waters Manufacturing electronic Department International Small budget for a big bottleneck: India’s only rare earth producer gets modest capex hike

Subscribe to enjoy similar stories. NEW DELHI: Even as India pushes to localize rare earth supply chains, the Centre has budgeted ₹140 crore in capital expenditure for the country’s only domestic manufacturer of rare earth magnets and rare earth oxides—IREL (India) Ltd—in the next fiscal year, a modest 1.4% increase from FY26. The muted allocation for the state-run producer, outlined in Union budget documents, has sparked questions about whether India is under-investing in its only operational domestic supplier at a moment when shortages are hitting industries from automobiles to electronics.

03.02 / 01:05

markets UPS Aviat Airlines travelers International IndiGo hires Nik Laming to head loyalty program as its eyes ramp up

Subscribe to enjoy similar stories. IndiGo, the largest airline in India by market share, has appointed veteran of loyalty programmes Nik Laming to lead its frequent-flyer business, as the airline seeks to shift from its low-cost roots to defend its market share against feisty Air India. Laming, a Singapore-based consultant with over 30 years of experience, joins at a critical time.

03.02 / 01:05

UPS Immunic Bill information reports Department Undisclosed foreign Esops? Settle now with ₹1 lakh penalty under new scheme

Subscribe to enjoy similar stories. In a major relief to taxpayers holding foreign assets, Budget 2026 proposed a one-time, six-month window for taxpayers to voluntarily declare any undisclosed foreign assets or foreign-sourced income and get amnesty from prosecution under the black money Act. Under tax laws, all foreign assets must be disclosed annually in the FA Schedule of ITR-2 or ITR-3, even if they generate no income.

03.02 / 01:05

markets FIVE SUN Pool wellness performer Foreign outflows show currency concerns, not a negative India fundamentals: Aditya Birla Sun Life AMC's Harish Krishnan

Subscribe to enjoy similar stories. The budget is unlikely to cause a meaningful shift in the assessment of equities from a medium-term perspective, and so investors should look at markets through a fresh lens to identify which newer themes could emerge as winners, said Harish Krishnan, chief investment officer - Equity at Aditya Birla Sun Life AMC Ltd. After the budget classified tax on buybacks as capital gains, some relief for buybacks may help return excess capital in a few mature companies, which can then be recycled into newer capital-intensive opportunities, said Krishnan.

03.02 / 00:17

markets Manufacturing wellness Diversity reports medicines Pharmaceuticals In the works—a tougher drug law to check opioid abuse

Subscribe to enjoy similar stories. In a bid to stem the alarming opioid crisis, India's apex drug regulator plans an overhaul of the Drugs and Cosmetics Act to sharply raise punishments and fines that would deter illegal diversion of habit-forming pharmaceutical opioids, according to two government officials in the know and documents reviewed by Mint.

03.02 / 00:17

markets Target Sustainability trends Trade stage recommendations Stocks to buy: Raja Venkatraman recommends top picks for 3 February

Subscribe to enjoy similar stories. The market remains in a volatile, range-bound phase following the Budget 2026 announcements. Investors should maintain a cautious stance this week, as a sustainable recovery depends on upcoming global data and clarity on domestic fiscal triggers.

02.02 / 16:57

Provident Target Manufacturing Align Department Courts Updates Budget 2026 seeks to make tax regime less adversarial, more predictable: official

Subscribe to enjoy similar stories. NEW DELHI : The fiscal year 2027 (FY27) Union budget signals a broader reset in India’s tax policy, combining efforts to reduce disputes and ease compliance for domestic taxpayers with targeted measures to offer greater certainty to global investors in strategic sectors.

02.02 / 14:57

Target Experts country electronic innovations Schools International Mint Explainer | AI mentioned 11 times, but budget cut: Decoding India's evolving stance on artificial intelligence

Subscribe to enjoy similar stories. On 29 January, the 2026 Economic Survey flagged the need for India to take a cautious approach in developing artificial intelligence. On Sunday, the outlay proposed for the India AI Mission in the Union Budget was halved.

02.02 / 14:57

UPS FIVE Progressive Pool performer reports recommendations Balancing on 41%: Why the 16th Finance Commission refused to budge on devolution

Subscribe to enjoy similar stories. In India’s federal set up, devolution of funds ensures proper transfer of resources, from the central government to the states, and further down to local bodies. Article 280 of the Indian constitution mandates that the President of India appoint a Finance Commission every five years to make recommendations on how to divide the net tax proceeds of the Union (divisible pool) with the states.

02.02 / 12:23

UPS FIVE Digital Nestle wellness reports Nestle India’s premium growth reflects in its premium valuation

Subscribe to enjoy similar stories. Nestle India Ltd’s shares are flirting with the 52-week high of ₹1,339.60 attained on 30 January. The December quarter (Q3FY26) results announced on Friday could well support the stock.

02.02 / 12:23

markets COST Manufacturing Strategy economy Coherent Features Ficci director general: The budget isn’t a list of announcements but a coherent plan to strengthen India’s economy

Subscribe to enjoy similar stories. The budget reaffirms a defining feature of India’s economic strategy over the past decade: growth anchored in reform, investment and macroeconomic credibility. Rather than announcing isolated measures, it presents a coherent growth compact built on multiple pillars to strengthen its foundations while adapting to a complex global environment.

02.02 / 12:23

markets UPS FIVE Research students Universities Colleges Budget 2026: Foreign universities get a springboard to execute their India ambition

Subscribe to enjoy similar stories. The budget proposal to set up five new university townships near major industrial corridors could be the golden ticket for foreign institutions looking to establish campuses in India. Yet, according to sector experts, more clarity is needed on land and other approvals.

02.02 / 09:27

COST UPS wellness Cycling show track Rate cuts are done. Liquidity is now the real challenge for RBI

Subscribe to enjoy similar stories. After the Union Budget, all eyes are now on India’s monetary policy committee (MPC) ahead of its final rate decision for this fiscal year (FY26). After repo rate cuts totalling 125 basis points (bps), the rate-cutting cycle is expected to now conclude, and policymakers may shift focus from the cost of funds to the quantum of liquidity.

02.02 / 08:35

markets Citi Provident Digital Manufacturing CEO Sustainability What experts say on Budget: Steady state, long view

Subscribe to enjoy similar stories. Practical guide to growth: Hitesh Sethia The Union Budget 2026-27 strikes a pragmatic approach between fiscal prudence and growth. It reinforces the role of infrastructure as the primary engine for sustainable economic growth.

02.02 / 07:57

markets Digital economy film Universities rights Universal Music India returns to Bollywood, eyes bigger slice of storytelling pie

Subscribe to enjoy similar stories. Universal Music India has made a comeback to Bollywood after recent acquisitions and partnerships, while retaining its focus on non-film music.

02.02 / 06:53

markets IPO CEO Platform Strategy BRND.ME unfazed by quick commerce's private-label push as it charts India return

Subscribe to enjoy similar stories. BRND.ME, a roll-up commerce company, expects to complete its reverse flip (change of headquarters) from Singapore to India by March, clearing a key regulatory hurdle as it prepares to tap Indian public markets with an IPO. Despite the rise of private labels from quick-commerce giants such as Swiggy Instamart and Zepto, CEO Ananth Narayanan remains confident.

02.02 / 06:03

UPS Analysis poverty track Features Word cloud: How Budget speeches have changed over the past 10 years

Subscribe to enjoy similar stories. Finance minister Nirmala Sitharaman delivered her ninth consecutive Union Budget speech on Sunday, at a time when global geo-economic upheavals weigh on India. While each Budget speech reflects the economic context of its moment, its emphasis and vocabulary also shift over time.

02.02 / 06:03

markets Manufacturing Mobile Experts inclusion Updates Maruti Suzuki closes in on EV PLI scheme, giving scale boost to India’s clean mobility push

Subscribe to enjoy similar stories. Maruti Suzuki India Ltd has been directly added to the list of companies eligible for incentives under the government’s ₹25,000 crore production-linked incentive (PLI) scheme for electric vehicles—a move that could boost EV adoption and support India’s clean mobility push. According to officials and experts, the inclusion is significant given Maruti’s roughly 40% share of India’s passenger vehicle market.

02.02 / 02:29

Manufacturing Trade Mint Quick Edit | Trade relief: The budget signals the end of an inspector raj at Indian ports

Subscribe to enjoy similar stories. Amid an unravelling of global trade, the Union budget has proposed some welcome steps to ease the pain. As one-off relief for eligible export-oriented manufacturers in special economic zones, for example, it proposes a pathway to let them sell some of their output within India at a concessional duty rate.

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