India’s premier stock exchange has initiated discussions with regional authorities to secure land in Mumbai’s Bandra Kurla Complex (BKC) for expanding its operational infrastructure. The proposed development reflects the growing scale and technological demands of India’s capital markets. Officials from the exchange recently met with senior representatives of the Mumbai Metropolitan Region Development Authority (MMRDA) to explore the identification of a suitable land parcel within the financial district.

Maharashtra’s total outstanding debt is projected to increase by 11.1 percent in the 2025–26 financial year, reaching approximately Rs. 9.3 lakh crore, according to the state’s latest Economic Survey. Despite the rise in liabilities, the state’s debt levels remain comfortably within the fiscal discipline framework established under the Fiscal Responsibility and Budget Management (FRBM) rules. The debt-to-Gross State Domestic Product (GSDP) ratio is expected to stand at 18.3 percent, significantly below the mandated ceiling of 25 percent.

An American subsidiary of pharmaceutical major Cipla has initiated a voluntary recall of certain batches of its generic anti-cancer medication in the United States after manufacturing specifications were not met. The recall, classified as a Class III action by U.S. health regulators, affects more than 400 cartons of Nilotinib capsules available in two dosage strengths. The decision was taken as a precautionary measure following the identification of quality inconsistencies during manufacturing checks.

India’s equity markets witnessed a sharp erosion in corporate valuations last week as global geopolitical tensions and rising crude oil prices dampened investor sentiment. The combined market capitalisation of eight of the country’s ten most valuable companies declined by Rs. 2,81,581.53 crore during the period, reflecting the broader weakness in equities. Banking giants and infrastructure firms were among the biggest casualties, with State Bank of India recording the steepest decline.

Punjab’s government has unveiled its Rs. 2,60,437 crore budget for the 2026–27 fiscal year, marking the final financial blueprint before the state heads into elections scheduled for early 2027. Presented in the Legislative Assembly by Finance Minister Harpal Singh Cheema, the budget highlights the administration’s focus on social welfare, governance reforms, and economic resilience. Dedicated symbolically to the mothers and daughters of Punjab, the financial plan underscores the government’s emphasis on inclusive development and social equity.

Punjab’s government has unveiled its Rs. 2,60,437 crore budget for the 2026–27 fiscal year, marking the final financial blueprint before the state heads into elections scheduled for early 2027. Presented in the Legislative Assembly by Finance Minister Harpal Singh Cheema, the budget highlights the administration’s focus on social welfare, governance reforms, and economic resilience. Dedicated symbolically to the mothers and daughters of Punjab, the financial plan underscores the government’s emphasis on inclusive development and social equity.

Gold prices are expected to remain volatile in the coming week as global investors closely monitor geopolitical tensions in the Middle East alongside key macroeconomic indicators that could influence market sentiment. Analysts say uncertainty in international relations often strengthens demand for safe-haven assets such as gold, while signs of de-escalation may trigger profit-taking and price corrections. At the same time, upcoming economic data releases are likely to influence currency movements and interest-rate expectations, further affecting precious metal prices.

Punjab’s latest state budget earmarks Rs. 11,577 crore for the Home Affairs department, underscoring the government’s focus on strengthening internal security, modernizing policing infrastructure, and improving law-and-order management. The allocation is expected to support police modernization, intelligence systems, technology upgrades, and improved emergency response capabilities across the state. Officials say the funding will also enhance training programs, digital surveillance infrastructure, and operational resources for law-enforcement agencies.

Gold prices in India retreated sharply after reaching elevated levels, with traders booking profits for a second consecutive session. In the national capital, the price of gold declined by Rs. 1,100 to Rs. 1,64,100 per 10 grams, reflecting cooling momentum after a strong rally in recent weeks. Silver also witnessed a modest decline, falling Rs. 600 to Rs. 2,71,700 per kilogram. Market analysts attribute the pullback to a stronger US dollar, rising US Treasury yields, and diminishing expectations of near-term interest rate cuts by the Federal Reserve.

India’s leading e-commerce platform Flipkart has reduced its workforce by approximately 250 to 300 employees following its annual performance review, according to sources familiar with the development. The restructuring spans multiple departments and job levels and comes at a time when the company is simultaneously recruiting senior leadership as part of its long-term strategic planning. The move is widely seen as preparation for a potential initial public offering. Flipkart has emphasized that the decision forms part of its routine performance management process.