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Financial Express Lucknow

Cut to boost defence aircraft ecosystem

WITH AN AIM to strengthen India’s self-reliance in defence aviation, Finance Minister Nirmala Sitharaman has announced a full exemption from basic customs duty on raw materials and components used for maintenance, repair, and overhaul (MRO) of aircraft by defence sector units.

1 min  |

February 03, 2026

Financial Express Lucknow

Floating of funds reduced to nil from ₹1-1.5L cr'

Budget spending is tied to execution capacity, not theoretical targets, Expenditure Secretary V Vualnam said.

2 min  |

February 03, 2026

Financial Express Lucknow

Promoters will still prefer buybacks over dividends

THE BUDGET'S MOVE to correct the tax distortion by shifting buybacks into the capital gains regime, on paper, brings dividends and buybacks closer to parity.

3 min  |

February 03, 2026

Financial Express Lucknow

Twin buffers

FISCAL RECTITUDE AND STEPS TO SUSTAIN GROWTH ARE AT PAR FOR AN UNCERTAIN WORLD

4 min  |

February 03, 2026

Financial Express Lucknow

Fuel consumption begins on a firm note in January

Petrol touches 3.49 MT while diesel nears 8 MT, says PPAC report

1 min  |

February 03, 2026

Financial Express Lucknow

Fuel switch issue forces AI to ground Dreamliner

AIR INDIA ON Monday grounded one of its Boeing 787-8 Dreamliner aircraft after a pilot flagged a possible issue with the fuel control switch during pre-flight checks, the airline said.

2 min  |

February 03, 2026

Financial Express Lucknow

White-collar hiring rises 3% in Jan: Naukri

INDIA'S WHITE-COLLAR hiring began with a steady foot with a 3% year-on-year increase in January mainly driven by non-IT sectors and fresher hiring, a report said on Monday.

1 min  |

February 03, 2026

Financial Express Lucknow

FM: Public float in govt...

FROM THE FRONT PAGE

2 min  |

February 03, 2026

Financial Express Lucknow

US CLEARS TRADE DEAL WITH INDIA, TO CUT TARIFF TO 18%

US OFFICIAL SAYS 25% PENAL TARIFFS ON RUSSIAN OIL WILL ALSO GO

2 min  |

February 03, 2026

Financial Express Lucknow

Israel reopens Gaza’s Rafah border crossing to Egypt

ISRAEL REOPENED THE border between Gaza and Egypt on Monday for people on foot, a move that would allow Palestinians to leave the enclave and let back in those who want to return after fleeing Israel’s war in the enclave.

2 min  |

February 03, 2026

Financial Express Lucknow

Infrastructure and MSME support set to boost domestic supply chain

THE UNION BUDGET'S emphasis on manufacturing, infrastructure, MSMEs and agriculture will strengthen domestic supply chains, generate employment and reinforce India’s long-term growth trajectory, according toleading multinational consumer goods and retail companies.

1 min  |

February 03, 2026

Financial Express Lucknow

Disney gives tepid outlook

WALT DISNEY SHARES slid after the world’s biggest entertainment company gave a tepid forecast for growth in the current period and the market awaits news on who will be its new leader.

1 min  |

February 03, 2026

Financial Express Lucknow

Bond yield rises to one-year high on borrowing plan

UNDER STRESS

1 min  |

February 03, 2026

Financial Express Lucknow

Earnings recovery to drive returns

BUDGET SUPPORTS A POSITIVE MEDIUM-TERM OUTLOOK FOR INDIAN EQUITIES

2 min  |

February 03, 2026

Financial Express Lucknow

Trump launches $12-bn minerals stockpile

MOVE TO BOOST US MANUFACTURING

1 min  |

February 03, 2026

Financial Express Lucknow

Snowflake ties up with OpenAl in $200-mn deal

SNOWFLAKE SAID ON Monday it has entered a $200 million partnership with OpenAI to integrate advanced artificial intelligence models directly into its cloud data platform, as enterprises increasingly turn to AI to extract insights from vast troves of data.

1 min  |

February 03, 2026

Financial Express Lucknow

Public float in state-run firms to rise, says FM

Higher F&O STTa deterrent against excess speculation, says minister

1 min  |

February 03, 2026

Financial Express Lucknow

Health sector hails focus on infra, manpower

HEALTHCARE EXPERTS AND hospital administrators have welcomed the Budget for its strong focus on strengthening healthcare infrastructure, expanding skilled manpower, and enhancing system resilience.

1 min  |

February 03, 2026

Financial Express Lucknow

Budget's borrowing move brings liquidity in focus

WITH INFLATION INCHING back towards the Reserve Bank of India's (RBI) 4% target and economic growth holding firm, all the 10 economists polled by FE unanimously expect the central bank to hold policy rates and maintain a neutral stance in the February monetary policy meeting.

2 min  |

February 03, 2026

Financial Express Lucknow

Seven new projects, freight corridor soon, says Vaishnaw

THE RAILWAY MINISTRY will shortly commission the detailed project reports (DPRs) for the seven bullet trains and one dedicated freight corridor (DFC) announced in the Budget 2026-27, Railway Minister Ashwini Vaishnaw said on Monday.

1 min  |

February 03, 2026

Financial Express Lucknow

Govt may sell small stake in LIC in FY27

THE GOVERNMENT MAY sell a small stake in the state-run Life Insurance Corporation (LIC) depending on the market conditions, financial services secretary M Nagaraju said on Monday.

1 min  |

February 03, 2026

Financial Express Lucknow

Semiconductor push signals an upswing

STRONGER CAPEX, SERVICES SECTOR PROGRESS & AI ADOPTION TO LIFT FY27 EARNINGS

1 min  |

February 03, 2026

Financial Express Lucknow

High-speed traders face profit squeeze after tax increase

HIGH-FREQUENCY TRADERS in India are bracing for weaker returns after the government proposed higher taxes on equity derivatives, a move aimed at curbing speculative activity in the world’s busiest options market.

1 min  |

February 03, 2026

Financial Express Lucknow

‘Easing of rules will attract more foreign retail participation in equities’

Economic Affairs Secretary Anuradha Thakur talked about the Budget’s revenue assumptions, the alleged lack of sufficient buffers to address the external uncertainties, and the upcoming review of the inflation-targeting framework in a post-Budget interview with Prasanta Sahu and KG Narendranath. Excerpts:

4 min  |

February 03, 2026

Financial Express Lucknow

Capital market stocks rebound

SHARES OF CAPITAL market-related companies on Monday erased some of the losses from Sunday when they had sharply fallen tracking the increase in the securities transaction tax on derivative transactions.

1 min  |

February 03, 2026

Financial Express Lucknow

Tesla offers exchange bonus of ₹3 lakh

IN ORDER TO push sales and attract buyers of combustion engine vehicles, Tesla has introduced EV Switch and Save Program where buyers exchanging in any petrol or diesel car can avail an exchange bonus of ₹3 lakh on the purchase of the Tesla Model Y RWD irrespective of the make, model or value of the existing vehicle.

1 min  |

February 03, 2026

Financial Express Lucknow

Rare-earth corridor blueprint to power India's supply resilience

AFTER THE CABINET approved a %7,280 crore incentive scheme for manufacturing rare earth permanent magnets in November, 2025, the Budget has taken the next step by proposing the creation of dedicated rare-earth corridors to build an integrated domestic supply chain and reduce dependence on China.

2 min  |

February 03, 2026

Financial Express Lucknow

Bold execution must follow Budget’s big hopes

THE UNION BUDGET has been presented.

3 min  |

February 03, 2026

Financial Express Lucknow

Brent falls 5% amid signs of de-escalation

OIL PRICES FELL 5% on Monday, after US President Donald Trump said Iran was \"seriously talking\" with Washington, signalling deescalation with an OPEC member to ease supply disruption concerns.

1 min  |

February 03, 2026

Financial Express Lucknow

Iran mulls nuke diplomacy with US to cool fears of war

BALANCING ACT

1 min  |

February 03, 2026