- Recall alert: Why automaker Toyota is recalling over 1,61,000 vehicles in the US — All you need to know January 31, 2026Auto major Toyota is recalling more than 1,61,000 vehicles in the United States over issues with the rear-view camera display. This comes after the company last year recalled millions of vehicles for various issues.
- Former Citibank India CEO Pramit Jhaveri not to seek another term at Sir Dorab Tata Trust January 31, 2026Pramit Jhaveri, former CEO of Citibank India, will not seek reappointment as a trustee of the Sir Dorabji Tata Trust when his term ends on 11 February. His decision reflects ongoing disagreements among trustees after Noel Tata took over the reins at two key philanthropic entities of the group.
- Sun Pharma beats street estimates in Q3 with net profit up 16% January 31, 2026Sun Pharma beat Q3 estimates with a consolidated net profit of ₹3,369 crore, driven by steady domestic growth and innovative drug sales offsetting the decline in generic sales in the US.
- Peloton layoffs: Headcount reduced by 11%, engineering teams impacted in cost-cutting move January 31, 2026Peloton Interactive Inc., the long-struggling fitness technology company, slashed 11% of its workforce in a cost-cutting move, according to a person with knowledge of the matter.
- PE giants line up for RedTape in deal valuing footwear maker at up to ₹5,000 crore January 31, 2026Private equity firms Apax Funds and Advent International are pursuing a majority stake in Indian footwear company RedTape, valuing it at ₹4,500 crore-5,000 crore. The promoters, who hold 71.79%, may sell a significant portion of their shares.
- Why Budget 2026 might be less about announcements and more about being fiscally prudent January 31, 2026Budget 2026: Government revenue for FY26 is projected to fall short by INR 1.4 trillion, primarily due to lower tax collections. However, increased non-tax revenue and controlled expenditure, especially a significant rise in capital spending, are expected to narrow the fiscal deficit to 4.3% of GDP. This indicates a prudent fiscal approach.
- Budget for power shift: Key numbers to be watched January 31, 2026Finance Minister Nirmala Sitharaman is set to present the Budget 2026, focusing on customs reforms and fiscal consolidation. Key numbers to watch include the fiscal deficit at 4.4% of GDP, capital expenditure of ₹11.2 lakh crore, and a debt roadmap aiming to reduce debt-to-GDP. Tax revenue is estimated at ₹42.7 lakh crore, with GST projected at ₹11.78 lakh c […]
- Budget 2026-27: The Sunday budget needs Monday energy January 31, 2026Finance Minister Nirmala Sitharaman will present the Union Budget 2026-27 amidst global trade tensions and domestic economic complexities. Expectations are high for increased public spending to boost growth, while maintaining fiscal discipline. Industry bodies urge focus on infrastructure, innovation, and export support, balancing resilience with growth enab […]
- Budget 2026 should address VDA tax losses as crypto gains taxed at 30%: SAM Partner January 31, 2026As Budget 2026 approaches, investors in virtual digital assets are seeking relief on taxation, particularly the ability to claim losses, as gains remain taxed at 30%. Foreign investors are also demanding tax certainty in international taxation, especially with India's transition to a new Income Tax Act.
- India's Oct-Jan sugar output up 18.35 pc to 19.50 mn tonne : ISMA January 31, 2026India's sugar production has seen a significant jump of 18.35 percent. As of January 31 of the 2025-26 season, output reached 19.50 million tonnes. This increase is driven by higher production in key states like Maharashtra, Uttar Pradesh, and Karnataka. More sugar mills are operational this season. ISMA projects a substantial overall rise in sugar prod […]
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