- Vanguard CEO Ramji Calls Trump Accounts a ‘Fabulous Concept’ February 2, 2026The Trump administration’s plan to give $1,000 in seed funding to millions of US children is a “fabulous concept,” Vanguard Group Chief Executive Officer Salim Ramji said.
- NYSE Owner Gets SEC Approval for Treasury Clearinghouse February 2, 2026Intercontinental Exchange Inc. won approval to operate a clearinghouse for US Treasuries, becoming the latest provider of the service under new regulations for the world’s largest debt market.
- Judge Revives Orsted NY Offshore Wind Project Halted by Trump February 2, 2026A US judge ruled that a wind farm being developed by Orsted A/S off New York’s Long Island can resume work halted by the federal government, the fifth such court win for an industry President Donald Trump has sought to cripple.
- IndiGo spent over ₹22 cr towards passenger compensation, facilitation in Dec February 2, 2026The amount pertains to denied boarding, cancellation of flights and delays in flights
- Devon-Coterra merger to create $58 billion US shale major in all-stock deal February 2, 2026Devon Energy and Coterra Energy are merging in a $58 billion all-stock deal to create a major shale producer in the Permian Basin, aiming for $1 billion in annual savings by 2027.
- Budget 2026: DEA Secy asks companies to invest in critical sectors February 2, 2026The government, Anuradha Thakur said, intends to stay on the fiscal consolidation path and reduce its debt-to-GDP ratio. This will weigh down the Centre's borrowing costs and free up resources for priority sector spending, Thakur said at a post-budget event, organised by the Confederation of Indian Industry.
- PF exemptions to now align in full with EPFO rules February 2, 2026The Union Budget proposes changes to provident fund trust rules. These changes aim to simplify business operations and reduce legal disputes. Employer contributions to provident funds will no longer need to match employee contributions. Tax on employer contributions exceeding 12% of wages is also being removed.
- Carbon capture push in Budget 2026 builds up steel & cement companies' confidence February 2, 2026India's government is investing ₹20,000 crore over five years in carbon capture technology. This funding will aid hard-to-abate industries like steel and cement. These sectors face high emissions and significant costs for low-carbon solutions. The move signals strong policy support for industrial decarbonisation. It aims to help these industries meet cl […]
- Budget 2026: Tax reforms mark shift to trust-based regime, says CBDT chief February 2, 2026Explaining the hike in securities transaction tax (STT) on derivatives, CBDT chairman Ravi Agrawal said that the reforms regarding the minimum alternative tax (MAT) will push more companies to the new tax regime, adding that the government will honour all accumulated MAT credit up to March 31 for companies shifting to the new 22% tax regime.
- Priority is growth; demand seen keeping up pace, says Nirmala Sitharaman after Budget 2026 February 2, 2026Finance Minister Nirmala Sitharaman is confident consumption will remain strong. She defended the increased tax on derivative trading, aiming to deter speculation. The government plans to boost disinvestment and asset monetisation to fund its fiscal goals. Amendments to the Insolvency and Bankruptcy Code are also planned for the latter half of the budget ses […]
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