Business News

Mumbai, Feb 02nd: Renowned fine jewellery brand Shubham Motiwala & Jewellers marked a significant milestone with the successful opening of its new flagship showroom at Sky City Mall, Borivali (East), Level 1. Spread across 3,000 sq. ft., the new showroom reflects the brand’s steady expansion and evolution over the past 28 years. The inauguration was […]

Feb 2: Indian Finance Minister Nirmala Sitharaman presented the Government. of India’s budget for the year 2026-27 in the Indian Parliament yesterday. This budget has proposed to provide a tax holiday up to 2047 to any foreign company that provides services to any part of the world outside India by procuring data centre services in

MSME Growth Fund in Budget 2026 a Game-Changer for India’s MSME Ecosystem: Mamta Binani Kolkata, 1st February, 2026: CS (Dr.) Adv. Mamta Binani, President of MSME Development Forum WB said, ” The announcement of a dedicated Rs. 10,000 crore MSME Growth Fund in Budget 2026 is a monumental stride towards strengthening India’s micro, small and

\Mr. Bala Ramajayam, Founder and Managing Director, G Square Group “We congratulate the government on presenting a forward-looking Union Budget that reinforces infrastructure as a foundation for sustainable real estate growth. The Budget provides a strong tailwind for the real estate sector in Tamil Nadu, especially in Chennai and emerging growth corridors across the state.

RETAIL AND START-UP  Name: VIRGIO Spokesperson Name: Amar Nagaram Designation: Co-founder “The Budget makes it clear that India’s next phase of growth will be driven by the convergence of design, technology, and sustainability. The strong emphasis on sustainable textiles, MSME scale-up, AI-led innovation, and design education reflects a long-term vision to move Indian manufacturing up

Abhishek Jain, Partner and Head, Indirect Tax, KPMG in India  The Budget adopts a calibrated, sector-specific approach to Make in India, including a near doubling of the outlay for electronics component manufacturing alongside targeted support across areas such as semiconductors, critical minerals, container manufacturing, R&D, design capabilities and textiles. In a challenging global environment, this

The real estate sector has given a positive response to the Union Budget. Industry experts believe that increased spending on infrastructure, incentives for urban housing, and expectations of affordable home loans have boosted market confidence. According to developers, the budget’s emphasis on capital expenditure will accelerate construction activities, leading to an increase in both employment

Mr. Shriram PM Monga, Co-Founder and Principal Consultant, SRED Real Estate Advisory “We welcome the Finance Minister’s balanced macroeconomic strategy, with a record capital expenditure and robust infrastructure allocation under the Viksit Bharat vision, reinforcing infrastructure as a catalyst for economic resilience. The expanded focus on Tier-2 and Tier-3 cities and the development of City

By – Murthy Nagarajan, Head-Fixed Income, Tata Asset Management The Net borrowing for next year is budgeted at Rs 11.70 lakh crores and Gross borrowing of Rs 17.2 Lakh crores. The Government is targeting a fiscal deficit of 4.3 percent of GDP. The government has shifted the goal post from fiscal deficit reduction of Debt

Mr. Vipul Prakash, Founder and CEO of FireAI applauded the Government’s Intelligence-First vision in the Union Budget 2026. The specific allocation for Capacity Building AI Missions and the operationalization of the Anusandhan National Research Fund are landmark steps. They signal a shift from simply adopting technology to deepening our indigenous R&D capabilities. For the Indian