Business
Union Budget 2026 To Be Tabled On Sunday, February 1; Parliament Session Begins January 28
Last Updated:
Parliament Budget Session: The first phase of the Budget Session will conclude on February 13. Parliament will then go into recess and reassemble on March 9.
File photo of the parliament in session.
The Budget Session of Parliament will commence on January 28 and continue till April 2, Union Parliamentary Affairs Minister Kiren Rijiju said.
In a post on X (formerly Twitter), Kiren Rijiju said the session has been approved by President Droupadi Murmu on the recommendation of the Union government.
“On the recommendation of the Govt of India, Hon’ble President of India, Smt. Droupadi Murmu ji has approved the summoning of both the Houses of Parliament for the Budget Session 2026. The Session will commence on 28 January 2026 and continue till 2 April 2026,” Kiren Rijiju said.
On the recommendation of the Govt of India, Hon’ble President of India, Smt. Droupadi Murmu ji has approved the summoning of both the Houses of Parliament for the Budget Session 2026.The Session will commence on 28 January 2026 and continue till 2 April 2026.The first phase… pic.twitter.com/FxGYCL7keq
— Kiren Rijiju (@KirenRijiju) January 9, 2026
According to the minister, the first phase of the Budget Session will conclude on February 13. Parliament will then go into recess and reassemble on March 9, with the session ending on April 2.
The recess period is traditionally used by department-related standing committees to examine the demands for grants of various Union ministries and departments.
The Union Budget 2026 is likely to be presented in Parliament on February 1, which falls on a Sunday, while the Economic Survey is expected to be tabled on January 20.
Both Houses of Parliament will not meet on January 29 due to the Beating Retreat ceremony, which marks the formal conclusion of Republic Day celebrations.
The Budget Session is considered one of the most significant sittings of Parliament, as it includes the presentation and passage of the Union Budget and key financial legislation for the coming fiscal year.
Delhi, India, India
January 09, 2026, 20:21 IST
Read More
The Indian government has proposed the Income-tax Rules 2026, making PAN cards mandatory for select high-value transactions. Replacing the 1962 rules, these changes aim to simplify and bring transparency to the tax system. After considering suggestions, the rules are expected to be finalized and implemented by April 1, 2026.
Here’s a detailed look about how PAN cards are used in various financial transactions.
Immovable Property Transactions: PAN will be required for property transactions exceeding Rs 20 lakh, which is up from Rs 10 lakh. It will include purchase, sale, gift, or joint development agreements.
Motor Vehicles Purchase: PAN is now required for motor vehicle purchases exceeding Rs 5 lakh, including two-wheelers that have been exempted so far. Additionally, those who buy premium bikes or expensive cars will need to quote PAN. Meanwhile, tractors are still excluded.
Cash Deposits And Withdrawals: PAN will be required for aggregate cash deposits or withdrawals exceeding Rs 10 lakh in a financial year. As per the existing rules, it is required for cash deposits of more than Rs 50,000 in a day at a bank or post office.
Hotel And Restaurant Payments: It will be required for cash payments exceeding Rs 1 lakh, which is up from Rs 50,000.
Insurances: PAN will be required to initiate account-based relationship with insurance companies, irrespective of the premium account.
Business
Himadri Speciality Starts Commercial Operations Of 70,000 TPA Carbon Black Line; Details Here
Last Updated:
With the brownfield expansion, the company’s total carbon black capacity has risen to 2,50,000 TPA.
Shares of Himadri Speciality Chemical were trading 0.70% higher at Rs 491.5 apiece on the NSE on Wednesday.
Himadri Speciality Chemical Ltd has commenced commercial operations of its newly commissioned 70,000 tonnes per annum (TPA) speciality carbon black line at its Mahistikry manufacturing facility in Hooghly, West Bengal, the company said on Tuesday (February 24).
With the brownfield expansion, the company’s total carbon black capacity has risen to 2,50,000 TPA. Of this, 1,30,000 TPA comprises speciality carbon black capacity at the Mahistikry site, making it the world’s largest single-location speciality carbon black manufacturing facility.
The expansion bolsters Himadri’s speciality portfolio and strengthens its ability to cater to high-value, performance-driven applications across plastics, inks, paints, coatings and other niche segments.
According to the company, the project integrates advanced process technologies, modern quality control systems, energy-efficient operations and scalable infrastructure to ensure consistent production of premium grades for global customers.
Anurag Choudhary, CMD and CEO, Himadri Speciality Chemical Ltd, said, “The commencement of commercial operations of our 70,000 MTPA (metric tonnes per annum) speciality carbon black line at Mahistikry marks the beginning of the next phase of growth in our advanced carbon materials journey. With this expansion, Mahistikry becomes the world’s largest single-location Speciality Carbon Black facility, with a capacity of 1,30,000 MTPA. This positions us strongly to capture rising global demand in premium, application-specific segments such as plastics, inks, paints, coatings, and other specialised industries.”
He added, “The newly-commissioned capacity is expected to contribute meaningfully to revenue growth and strengthen the Company’s margin profile over the medium term. As global demand continues to shift toward high-performance, customised carbon solutions, Himadri’s enhanced scale provides competitive advantages through operational efficiencies, supply reliability, faster market responsiveness, and improved product innovation capabilities.”
Shares of Himadri Speciality Chemical were trading 0.70% higher at Rs 491.5 apiece on the NSE on Wednesday.
Click here to add News18 as your preferred news source on Google.
Check JEE Mains Result 2026 Link Here
February 25, 2026, 11:25 IST
Read More
Last Updated:
Angel One sets Feb 26 as record date for 1:10 stock split. Shareholders will get 10 shares for each held.
Angel One Stock Split 2026
Angel One Stock Split Record Date: Domestic brokerage firm Angel One has fixed February 26 as the record date for its previously approved 1:10 stock split, moving ahead with a proposal cleared by its Board last month.
The company had earlier informed stock exchanges on Jan. 15 that its Board of Directors approved the sub-division of equity shares in a 1:10 ratio.
Board Approval For Share Sub-Division
Under the approved proposal, each fully paid-up equity share with a face value of Rs 10 will be split into 10 fully paid-up equity shares with a face value of Re 1 each.
In its Jan. 15 stock exchange filing, the company stated that the Board had approved the sub-division of one existing equity share of face value Rs 10, fully paid-up, into 10 equity shares of face value Re 1 each, fully paid-up. The move is aimed at increasing the number of outstanding shares and improving liquidity in the counter.
Stock splits typically make shares more affordable for retail investors by reducing the market price per share, although the overall market capitalization of the company remains unchanged.
Feb 26 Fixed As Record Date
In a subsequent filing dated Feb. 18, Angel One confirmed that its executive committee has fixed Thursday, Feb. 26, as the record date to determine eligible shareholders for the stock split.
The record date serves as the cut-off to identify shareholders who will be entitled to receive the additional shares. Investors holding the stock on or before Feb. 26 will qualify for the sub-division benefit.
What The Stock Split Means For Investors
Shareholders will receive 10 equity shares for every one share currently held. While the face value per share will reduce from Rs 10 to Re 1, the total value of an investor’s holdings will remain unchanged, as the split does not alter ownership percentage or overall wealth.
Angel One Q3 FY26: Profit Dips Amid Higher Costs
For the quarter ended Dec. 31, 2025, Angel One reported a 4.5% year-on-year decline in consolidated profit after tax to Rs 269 crore, compared with Rs 281.5 crore in the same quarter last year.
However, total income rose 5.8% to Rs 1,338 crore from Rs 1,264 crore in Q3 FY25. Total expenses increased to Rs 964.2 crore from Rs 876.5 crore, primarily due to higher employee benefit costs, elevated ESOP expenses, and increased operating expenditure.
Click here to add News18 as your preferred news source on Google.
Check JEE Mains Result 2026 Link Here
February 25, 2026, 07:20 IST
Read More
Income Tax Draft Rules 2026: Key Changes On How And When Pan Card Will Be Required?
Trump clears DPA funds for US textile sector, NCTO welcomes move
Chris Hemsworth shares reason of relocating to Australia from L.A
-
Entertainment1 week agoQueen Camilla reveals her sister’s connection to Princess Diana
-
Tech1 week agoRakuten Mobile proposal selected for Jaxa space strategy | Computer Weekly
-
Politics1 week agoRamadan moon sighted in Saudi Arabia, other Gulf countries
-
Entertainment1 week agoRobert Duvall, known for his roles in "The Godfather" and "Apocalypse Now," dies at 95
-
Politics1 week agoTarique Rahman Takes Oath as Bangladesh’s Prime Minister Following Decisive BNP Triumph
-
Business1 week agoTax Saving FD: This Simple Investment Can Help You Earn And Save More
-
Sports1 week agoUsman Tariq backs Babar and Shaheen ahead of do-or-die Namibia clash
-
Tech1 week agoBusinesses may be caught by government proposals to restrict VPN use | Computer Weekly