Top 10 biz headlines: Budget impact, Sensex falls, 5G spectrum, and more

From FPI surcharge to Budget impact on FDI & exports, here are the top 10 stories which made headlines on Monday

FPI surcharge makes markets see red; Sensex posts biggest fall in 9 months

The Indian markets fell the most in nine months with the benchmark Sensex dropping as much as 908 points in intra-day trade after a combination of domestic as well as global factors hit investor sentiment. Read more here

Budget impact: Exports may be counted as local sourcing for retail

Even as the government is fine-tuning changes in the single-brand retail policy following the Budget proposal to relax the local sourcing norms, it is learnt that at least three significant tweaks are being planned to attract foreign investment