The news article discusses the impact of the government’s announcement to reduce customs duty on gold and silver in the budget. The prices of these precious metals have drastically fallen in the domestic market. Finance Minister Nirmala Sitharaman proposed the reduction in customs duty to support local manufacturing, promote export competitiveness, and simplify taxation for the benefit of the public. The budget also allocated a substantial amount for agriculture and farmers. The stock market reacted negatively on the day of the budget announcement, with a decline in FMCG stocks. Additionally, the article provides information on various financial topics such as mutual funds, taxation, and investment options.