Workflow
Budget aims to boost India's animation, content creation with ₹250-crore investment
MINT· 2026-02-01 10:32
India’s animation, visual effects, gaming and comics (AVGC) ecosystem is set for a significant boost after finance minister Nirmala Sitharaman proposed a ₹250-crore allocation to expand formal talent development across schools and colleges, signalling a push to institutionalize the country’s fast-growing creator economy. As part of the Union Budget presented on Sunday, the government will support the Indian Institute of Creative Technologies (IICT), Mumbai, in setting up AVGC content creator labs across 15, ...
The Silver Market Is Messed Up. These Buyers Are Feeling the Pain.
WSJ· 2026-02-01 10:30
Group 1 - The precious metal market experienced a boom, which was subsequently interrupted by a significant plunge on Friday [1] - This volatility has led to a frenzy among refiners, indicating heightened activity and demand in the refining sector [1] - Companies that rely on precious metals are facing major challenges due to the fluctuations in prices, impacting their operations and profitability [1]
Luxury Brands Need a Comeback in China. They Shouldn't Count on It.
WSJ· 2026-02-01 10:30
Even with a stock market that is outperforming the S&P 500, Chinese shoppers aren't flocking to luxury brands as they once did. ...
India budget 2026: winners and losers as manufacturing gets boost, brokers hit
BusinessLine· 2026-02-01 10:24
Infrastructure Investment - India announced measures to invest nearly $133 billion to enhance infrastructure and boost manufacturing across various sectors including textiles and electronic components [1] - A proposal for a ship-repair ecosystem and incentives for seaplanes was introduced, leading to gains in shipping stocks such as Shipping Corp. of India, which rose by as much as 4.3% [12] Benefiting Sectors - Pharmaceuticals sector is set to benefit from an outlay of $1.1 billion over the next five years aimed at boosting production and research for biologics and biosimilar drugs, with shares of major players like Sun Pharmaceutical Industries Ltd. and Biocon Ltd. increasing by 3.8% and 2.9% respectively [4][5] - The textiles sector is expected to gain from policy measures including the establishment of 'mega textile parks', with companies like Raymond Ltd. and Trident Ltd. surging over 8% [6] - Electronic manufacturing received a $4.3 billion allocation, which is anticipated to propel the industry as firms like Apple Inc. increase their manufacturing presence in India [7][8] - Data centers will benefit from a proposed tax holiday for foreign companies providing cloud services from India-based data centers through 2047, with shares of Anant Raj Ltd. rising by 14.2% [9][10] - Cargo and transport sector reforms proposed in the budget are expected to benefit firms like Container Corp. of India Ltd. [13] Losing Sectors - Brokers faced a setback due to an increase in the securities transaction tax on equity futures from 0.02% to 0.05%, leading to declines in shares of the BSE and stock brokers like Angle One Ltd. [14] - State-owned banks experienced a drop in shares, with the NSE Nifty PSU Bank Index falling by as much as 7%, as investors anticipated announcements regarding consolidation and foreign shareholding cap relaxation [15] - The clean energy sector expressed disappointment as expected tax regime rationalizations did not materialize, affecting major conglomerates like Adani, Tata, and Reliance that have invested in this area [16]
Could This Tech-Heavy Vanguard Fund Be Due for a Significant Decline in 2026?
The Motley Fool· 2026-02-01 10:23
The Vanguard Information Technology ETF gives investors positions in leading tech companies, but it comes with risk.Tech stocks have been soaring in recent years due to opportunities in artificial intelligence (AI), and that has propelled the S&P 500 index to new heights. In three years, the broad index has risen by roughly 73%, which translates into an average annual growth rate of approximately 20% -- far above the index's long-run average of 10%. Future performance is not guaranteed, but investors are ex ...
All It Takes Is $13,000 Invested in Each of These 2 Dividend Kings to Help Generate $1,000 in Passive Income in 2026
The Motley Fool· 2026-02-01 10:15
Consumer staples stocks being out of favor is an impeccable buying opportunity for value investors.No one knows what the stock market will do in 2026. We do know the S&P 500 (^GSPC 0.43%) is coming off three consecutive years of above-average returns, with a 78.3% gain from the start of 2023 to the end of 2025. By comparison, the consumer staples sector gained less than 5% in that three-year period.Contrarian investors or folks whose main financial objectives are capital preservation and passive income may ...
Meta Platforms' $135 Billion Bet Makes Complete Sense
The Motley Fool· 2026-02-01 10:12
The market keeps rewarding this business, as shares benefit from positive momentum.Meta Platforms (META 2.95%) is off to a fast start this year. Shares climbed 9% in January, building off two straight years of double-digit gains and a triple-digit return in 2023. The momentum continues.Nonetheless, investors have a lot to digest when thinking about the future of this business. Meta just reported its latest financial results, and it revealed its spending outlook for 2026. Capital expenditures (capex) are exp ...
Vietnam On The Rise: Tailwinds Continue
Seeking Alpha· 2026-02-01 10:09
Group 1 - The article does not provide any relevant content regarding company or industry insights [1]
Biopharma Shakti programme key enabler for India's journey towards value leadership: Dr Reddy''s Lab
The Economic Times· 2026-02-01 10:07
"The Rs 10,000-crore Alongside the expansion of the national clinical trials network and strengthening of the CDSCO (Central Drugs Standard Control Organisation) with specialised scientific review and globally aligned timelines, these initiatives will enhance India's capacity to develop complex, high-value therapies, he further said.The addition of new NIPERs (National Institute of Pharmaceutical Education & Research) and the upgrading of existing ones will expand opportunities for advanced scientific educa ...
OpenAI investment was ‘never a commitment,’ Nvidia’s Huang says
Yahoo Finance· 2026-02-01 10:06
(Bloomberg) — Nvidia Corp. (NVDA) Chief Executive Officer Jensen Huang said the company’s proposed $100 billion investment in OpenAI (OPAI.PVT) was “never a commitment” and that the company would consider any funding rounds “one at a time.” “It was never a commitment,” Huang told reporters in Taipei on Sunday. “They invited us to invest up to $100 billion and of course, we were, we were very happy and honored that they invited us, but we will invest one step at a time.” Most Read from Bloomberg As part ...