Progressive in intent but short on immediate relief: Hyderabadis

Progressive in intent but short on immediate relief: Hyderabadis

Finance Minister Nirmala Sitharaman shows the digital tablet, enclosed in a traditional red ‘bahi-khata’ style pouch, at the Parliament premises before presenting of the ‘Union Budget 2026-27’, in New Delhi, Sunday, Feb. 1, 2026. | Photo Credit: Ravi Choudhary A year after a Budget that won quick approval for its tax cuts, Union Budget 2026…

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Union Budget 2026-27: Building on a tax gamble that did not pay off

Union Budget 2026-27: Building on a tax gamble that did not pay off

One interesting thing about the Budget is that people usually do not do a reality check vis-a-vis the previous Budget because the current one takes centre stage. Since Budget 2026-27 is quite run of the mill, it will not be out of place to start with the last Budget. If there is one thing you…

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Union Budget 2026: ₹20,000 crore earmarked for carbon capture, storage scheme

Union Budget 2026: ₹20,000 crore earmarked for carbon capture, storage scheme

A screegrab of Finance Minister Nirmala Sitharaman presenting the ‘Union Budget 2026-27’ in the Lok Sabha, in New Delhi, on February 1, 2026. Photo Credit: Sansad TV via PTI Union Finance Minister Nirmala Sitharaman on Sunday (February 1, 2026) earmarked ₹20,000 crore in the Budget towards Carbon Capture Utilisation and Storage (CCUS) – a nascent,…

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Mango arrivals in Salem market increase to 40 metric tonnes per day

Mango arrivals in Salem market increase to 40 metric tonnes per day

The arrival of mangoes increased to Chinna Kadai Veethi in Salem Town in Tamil Nadu on Saturday, 01 June 2024. | Photo Credit: E. LAKSHMI NARAYANAN The arrival of mangoes to Salem Market has surged to 40 metric tonnes per day. Previously, due to poor rainfall, the market saw only 10 metric tonnes of mangoes…

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As retail stores fade, private clubs take over mall real estate

As retail stores fade, private clubs take over mall real estate

Guests at the Fendi Dallas Highland Park Village Boutique in Dallas, Texas. Rick Kern | Getty Images Entertainment | Getty Images In today’s K-shaped economy, lower-income consumers headed out to shop may be hitting Dollar General or a post-bankruptcy Big Lots, but affluent Americans are increasingly headed for the shopping center private club. Membership clubs are…

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How family offices partner with PE funds to find top deals and save on fees

How family offices partner with PE funds to find top deals and save on fees

A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Many investment firms of ultra-rich families are keen to buy stakes in private companies directly rather than through private equity funds, which come…

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Buying property from NRIs? Time to lose the TAN

Buying property from NRIs? Time to lose the TAN

👉 Visit the Official SleepLean Website Buying property from an NRI? Worried about obtaining TAN? Not anymore. To relax the compliance burden, the Budget has proposed that resident individuals and HUFs need not have a Tax Deduction and Collection Account Number (TAN) if they are purchasing a property from a non-resident Indian (NRI). The amendment…

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India’s defence budget: A case for higher allocation

India’s defence budget: A case for higher allocation

It is usual for defence allocation to rise sharply in the Budget that follows a security challenge. It has been the case this year too, in the shadow of Operation Sindoor. The overall increase was more than 15% over the previous year (₹6.81 lakh crore to ₹7.84 lakh crore), with the capital outlay surging by…

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Union Budget bets on long-term wealth over short-term gains

Union Budget bets on long-term wealth over short-term gains

Finance Minister Nirmala Sitharaman introduced major changes in the way securities, shares and investments are taxed in the Union Budget 2026-27. The Budget increases the tax on derivative trades. What is the net effect of a Securities Transaction Tax (STT) raise on derivative contract on retail investors and brokers? Will the intended effect pan out?…

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A budget for difficult times

A budget for difficult times

While acknowledging the strains created by the external global environment, Union Finance Minister Nirmala Sitharaman on Sunday (February 1, 2026) presented Budget 2026, with the aim to increase productivity across sectors and ensure employment generation.  Union Budget 2026: Follow the highlights from February 1, 2026 Presenting her record ninth consecutive Union Budget, Ms. Sitharaman said…

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