Rail stocks surged with RVNL and Ircon leading, as reports suggest the upcoming Union Budget may increase Indian Railways’ capital expenditure by 15-20% to over Rs 3 lakh crore for FY26. The higher allocation is expected to fund new tracks, upgrades, and rolling stock purchases, driving optimism among investors.
Jane Street may take Singapore route to sort out India tax row
With the Income Tax (I-T) department questioning the tax benefits it had claimed, the Wall Street firm is understood to be working on initiating the
May 25, 2026