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Nifty experienced heightened volatility on the day of the Union Budget 2025 presentation during Saturday’s special trading session. Despite opening on a positive note and gaining momentum, market fluctuations intensified after the Finance Minister's speech began. However, a late-session recovery helped Nifty close 26 points lower, off its intraday low. A small bearish candle with upper and lower shadows formed on the daily chart, signaling a high wave pattern. This technical formation reflects heightened market volatility.

Subscribe to enjoy similar stories. From actor Shraddha Kapoor to American model Kaia Gerber and singer Sabrina Carpenter, bangs are turning out to be this season's most covetable hair cut. And if done right, they are the coolest, and simplest, way to upgrade your hairstyle.

Prime Minister Justin Trudeau has responded to U.S. tariffs on Canadian goods.

ADANI PORTS & SEZ THE GOVERNMENT’S impetus to micro, small, and medium enterprises will further strengthen domestic manufacturing. In addition, a maritime development fund with a corpus of Rs 250 crore will be formed to expand shipbuilding. These initiatives will have a long-term indirect benefit to the port activities.

Subscribe to enjoy similar stories. The Union budget was presented on Saturday in the backdrop of sluggish real growth and stubborn albeit declining headline inflation with the latest print above 5%. Real growth was at 6% in the first half of the current year (2024-25), as against 8.2% in the same period last year.

Subscribe to enjoy similar stories. India plans to become a developed economy by 2047.

V Anantha Nageswaran, Chief Economic Advisor, says there are some challenges in the path of India achieving 7% plus growth in FY26 is a significant and prolonged spillover from global market correction onto Indian markets. The other risk factor, once again, can be what happens to the monsoon, etc, and also whether hiring and compensation, etc, in the private sector continue to lag behind profitability growth. Those are all the risk factors that can make this estimate come towards the lower end of the range rather than towards the upper end of the range or even better than that. Is there a scope of overperforming? Is seven plus percent growth possible in FY26? V Anantha Nageswaran: Yes, indeed, it is possible. It all depends on the speed with which some of the global factors play out and also whether any significant spillover happens from global financial markets, etc. And, of course, as always, the monsoon will be critical as well, and the speed with which private sector is able to look at hiring and compensation practices afresh and if the deregulation agenda also gathers momentum, it will also influence sentiment in a positive way leading to more investments and more hiring, etc. So, there is scope for this number to be exceeded in reality in FY26.

Subscribe to enjoy similar stories. Finance minister Nirmala Sitharaman will on Saturday deliver her eighth Union budget in a row as the National Democratic Alliance government that returned to office last year with reduced majority in Lok Sabha seeks to add vigor to economic growth and create more jobs. It is easy for a government to usher in reforms early into its term as there may not be any immediate political risks.

Union Budget for the financial year 2025-26 will be presented on February 1, 2025, by Finance Minister Nirmala Sitharaman. The Budget session will take place in two parts: the first part runs from January 31 to February 13, 2025, and the second part will begin on March 10, concluding on April 4, 2025. The session commenced began with President Droupadi Murmu’s address on Friday.

Investors have been bracing for further tariff news after Trump has repeatedly warned about using the measure. Uncertainty over the impact of tariffs has muddled the outlook for the economy and inflation.

The Canadian economy contracted by 0.2 per cent in November, the largest monthly decline in a year, Statistics Canada said on Friday.

Royal Bank of Canada has followed Toronto-Dominion Bank and Bank of Montreal in leaving the banking industry’s largest climate-finance alliance.

Exxon Mobil’s fourth-quarter adjusted profit managed to beat Wall Street’s expectations, as the oil and gas company increased production in Permian and Guyana

The federal government is delaying plans to raise the inclusion rate on capital gains, offering a degree of clarity on the legislation stuck in limbo that was causing some confusion for the upcoming tax season.

Ex-Intel CEO Pat Gelsinger and also the current chairman of startup Gloo has eventually become a vocal advocate for DeepSeek R1 which is an innovative Chinese open source AI model that is challenging the dominance of OpenAI, reported Tom’s Hardware.

Subscribe to enjoy similar stories. iPhones have gotten much better over the years. For Apple, that isn’t always helpful.

Subscribe to enjoy similar stories. With globalization in retreat and global growth impulses weakening, how can India’s economy sustain a pace of 8% expansion for at least a decade? As Economic Survey 2024-25 notes, that’s what Viksit Bharat would need. Its most notable prescription, thus, is deregulation.

Subscribe to enjoy similar stories. At the Barbican, London, a recently concluded exhibition, The Imaginary Institution of India, featured nearly 150 artworks by over 30 artists done between the years 1975 and 1998, a period of drastic sociopolitical change in Indian history. The works “distilled historically significant episodes as well as intimate moments and shared experiences".

Nirmala Sitharaman tabled the Economic Survey 2024-2025 in Parliament on Friday. The survey indicated that India has diversified its export basket not only in terms of commodities but also in its export markets. Commodities such as optical items, medical-scientific instruments, lifts and cranes have been added to this new kitty of the export basket with new export markets, such as Zimbabwe, Tanzania, Jordan and Honduras.

Narendra Modi today expressed his prayers for the prosperity of India's poor and middle class. He said that Goddess Lakshmi, the deity of wealth and prosperity, should continue to bless them… «Ahead of the Budget Session, I bow down to Goddess Lakshmi, the goddess of wealth and prosperity… I pray that Goddess Lakshmi continues to bless the poor and middle class of our country. It is a matter of great pride that India completed 75 years as a democratic nation,» PM Modi said.