World Updates
Analysts blamed a decline in metal prices and a general “risk-off” sentiment in international markets for Bitcoin’s early February 2 decline to a roughly 15% low. Bitcoin Falls Below $75,000: Market Overview The biggest cryptocurrency in the world dropped to $74,964, down around 5% over the previous day and 14.55% over the course of a … Read more
The Jammu and Kashmir Budget session opened in the Legislative Assembly on Monday. LG Sinha Emphasizes State’s Vision Lieutenant Governor Manoj Sinha emphasized the importance of the meeting in his speech to the Assembly, pointing out that it represents the State’s vision. The “ This session bears special significance as it affords an opportunity to … Read more
A strict fee policy for late tax audit report submissions is introduced in the budget for the fiscal year 2026–2027, with a late filing price of Rs 75,000. Budget Announcement on Tax Audit Report Penalties The Budget, which Finance Minister Nirmala Sitharaman delivered to the Lok Sabha on February 1, states that “If an individual … Read more
Finance Minister Nirmala Sitharaman presented a major policy victory for multinational IT companies like Apple in her Budget 2026 speech on February 1. Apple and the Five-Year Tax Exemption International corporations can now provide machines to local contract manufacturers for up to five years without incurring additional tax liabilities. In an effort to lessen its … Read more
Following Sunday’s steep sell-off on Budget Day brought on by an increase in the Securities Transaction Tax (STT) on stock F&O trades, the equity benchmark indices Sensex and Nifty began slightly higher on Monday as markets tried a tentative recovery. Market Overview: Cautious Recovery However, despite persistent investor caution, gains were uneven, with a narrow … Read more