5-Year Tax Break: How Apple iPhone Production in India Will Skyrocket!

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Apple iPhone production India boosted with 5-year tax exemption

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

Nifty Recovery Today: Sensex Up 220 Points, Market Cautious Post-Budget

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Grover Jewells' shares surpass gray market predictions by listing at a 9% premium to the SME IPO price. On February 11, Grover Jewells' shares made a modest debut on the stock market, going up to Rs 96 per on the NSE Emerge platform. This is a premium of almost 9% above the Rs 88 IPO price per share. With a market valuation of Rs 139.27 crore, the company made its debut on the stock exchanges. Grey market estimates versus listing premium: The listing premium has greatly exceeded grey market expectations, even with the market's lackluster beginning. The company's unlisted shares were trading flat at the IPO price of Rs 88 with no grey market premium (GMP) prior to listing. When the IPO was up for public bidding from February 4 to February 6, the site's quoted GMP was close to 3 percent. The company's unlisted shares were trading at 0 GMP over the IPO price, according to IPO Watch as well. Grover Jewells IPO: Grover Jewells, a gold jewelry manufacturer situated in Delhi, went public in order to generate Rs 33.83 crore by issuing 38.44 lakh shares at a price range of Rs 83–88 each. With a minimum investment of Rs 1.41 lakh, investors could bid for 1,600 shares, and then in multiples. The IPO received over 19 subscriptions between February 4 and February 6, indicating that investors were quite interested in it throughout its three days of public bidding. With approximately 38 bookings of their allotted allocation, non-institutional investors (NII) shown the highest level of interest in the IPO. Qualified institutional buyers (QIB) and retail sections were reserved 11 times and 16 times, respectively. Working capital will be the primary use of the IPO proceeds, with the remaining sum going toward general business needs.

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

STT Hike Shocks Arbitrage Funds: Returns Fall While Multi-Asset Funds Stay Safe

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Grover Jewells' shares surpass gray market predictions by listing at a 9% premium to the SME IPO price. On February 11, Grover Jewells' shares made a modest debut on the stock market, going up to Rs 96 per on the NSE Emerge platform. This is a premium of almost 9% above the Rs 88 IPO price per share. With a market valuation of Rs 139.27 crore, the company made its debut on the stock exchanges. Grey market estimates versus listing premium: The listing premium has greatly exceeded grey market expectations, even with the market's lackluster beginning. The company's unlisted shares were trading flat at the IPO price of Rs 88 with no grey market premium (GMP) prior to listing. When the IPO was up for public bidding from February 4 to February 6, the site's quoted GMP was close to 3 percent. The company's unlisted shares were trading at 0 GMP over the IPO price, according to IPO Watch as well. Grover Jewells IPO: Grover Jewells, a gold jewelry manufacturer situated in Delhi, went public in order to generate Rs 33.83 crore by issuing 38.44 lakh shares at a price range of Rs 83–88 each. With a minimum investment of Rs 1.41 lakh, investors could bid for 1,600 shares, and then in multiples. The IPO received over 19 subscriptions between February 4 and February 6, indicating that investors were quite interested in it throughout its three days of public bidding. With approximately 38 bookings of their allotted allocation, non-institutional investors (NII) shown the highest level of interest in the IPO. Qualified institutional buyers (QIB) and retail sections were reserved 11 times and 16 times, respectively. Working capital will be the primary use of the IPO proceeds, with the remaining sum going toward general business needs.

The Securities Transaction Tax (STT) on futures and options trading was increased in Budget 2026, which raises transaction costs in the derivatives market. Impact of STT Increase on Derivatives and Arbitrage Funds The increase has significant ramifications for arbitrage funds, which mostly depend on cash-futures spreads, even if it may seem little. It is anticipated … Read more

Union Budget Reforms 2026: How India Is Building the Path to Viksit Bharat 2047

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Defense Budget 2026 allocates ₹7.8 lakh crore to boost border security and military modernization

The Union Budget 2026–27 lays out a clear roadmap for India’s long-term economic transformation, aiming to deliver sustained growth while advancing the vision of Viksit Bharat by 2047. Against a backdrop of global uncertainty, policy shifts, and tightening capital flows, the budget focuses on fiscal discipline, structural reforms, and sectoral expansion to keep India on … Read more

Gold Price Crash: Why Gold Fell Sharply After Historic Drop

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Gold Up ₹1,633, Silver Jumps ₹8,290: 10g Gold at ₹1,58,436 on MCX

Following its biggest decline in over 10 years, gold fell more than 3% to below $4,800 on Monday, extending losses from the previous session. Why Did Gold Prices Suddenly Fall? Reports that US President Donald Trump intends to choose Kevin Warsh, who is seen to be a more hawkish candidate, to head the Federal Reserve … Read more