February 7, 2026

Expert Questions India's Debt and Tax Strategy Amid Rising Oil Prices and Borrowing

Economist TT Ram Mohan says cutting income tax rates lowers government revenue and urges a rethink on debt targets. Rising oil prices and heavy borrowing may push inflation and slow private investments in 2010-11.

February 7, 2026

Vedanta Eyes $8 Billion Deal for Cairn India Amid Stock Market Swings

Vedanta Resources plans to buy 51% of Cairn India for about $8 billion. Vedanta shares dropped on LSE and BSE, while Cairn Energy and Cairn India shares rose. The deal may be announced soon, pending government approval.

February 7, 2026

Vedanta Stock Rises 4.36% on Talks to Buy 51% Stake in Cairn India for $8-8.5 Billion

Vedanta’s stock jumped 4.36% on BSE after reports said it is in talks to buy a 51% stake in Cairn India for $8-8.5 billion. Analysts expect a stock rally on the deal news set for August 16 announcement.

February 7, 2026

SpiceJet Hits Rs 68.45; Bombay Dyeing Climbs 12% to 52-Week High

SpiceJet's stock surged to Rs 68.45, reaching a 52-week high before closing at Rs 66.05, up 8%. Bombay Dyeing also soared to its highest in a year, rising 12% to Rs 661.55. Godrej Properties added 3%, closing at Rs 776.40. The market watches closely for future moves amid strong momentum.

February 7, 2026

Indian Firms Lose $150 Billion, Face Big Drops in FT Global 500 Rankings

Fourteen Indian companies in the FT Global 500 have lost $150 billion in value in Q1 2008. Reliance Industries leads but dropped 15 spots. Some giants like IOC and HDFC have fallen off the list.

February 7, 2026

Sensex Hits Resistance; Medium-Term Outlook Hinges on Key Support Levels

Sensex’s sharp rise is now facing strong resistance between 15026 and 15390 points. The medium-term trend depends on crucial support at 14104 points. A fall below that could push the index down to 13513 points, while breaking resistance could lead to gains above 16600 points.

February 7, 2026

Rupee Fall Hits Indian Companies with Foreign Currency Loan Losses

Due to rupee depreciation, Indian firms face big accounting forex losses on foreign loans. Tata Steel, Tata Motors, and others report hundreds of crores in mark-to-market losses, affecting profits but not cash flow.

February 7, 2026

Arun Kumar Warns US Financial Crisis Will Worsen as Obama Takes Office in January

Arun Kumar warns the US financial crisis will grow bigger when Barack Obama becomes president. He says past tax cuts were too small and banks now face a trust crisis. Kumar urges global cooperation like the G-20 and highlights the urgent need to focus on job creation.

February 7, 2026

Massive Jeffrey Epstein Files Expose Elite Ties and Fuel Conspiracy Theories

The US DOJ released millions of Jeffrey Epstein files, revealing his links with global elites and sparking fresh conspiracy theories. The trove shows how powerful people shield each other, but no new proof of criminal conspiracy.

February 7, 2026

Prabhudas Lilladher Rates Infosys 'Reduce' with Rs 1,246 Target Amid Weak Outlook

Prabhudas Lilladher has given Infosys a 'reduce' rating, setting a target price of Rs 1,246. The firm cites weak industry outlook, pricing pressure, and slow earnings growth as key concerns.