Mumbai, Dec 23 The Reserve Bank of India (RBI) on Tuesday announced a fresh set of steps to inject a large amount of money into the banking system to ease tight liquidity conditions. Through a mix of open market operations (OMOs) and a foreign exchange swap, the central bank will add nearly Rs 3 trillion […]
New Delhi, Dec 16 In a bid to support India’s research ecosystem, Google.org, the philanthropic arm of Google, on Tuesday announced a funding of $8 million for four AI Centres of Excellence for health, agriculture, education, and sustainable cities. The centres were established by the Government, aligning with the vision to “Make AI in India […]
By Lakshmi Balasubramani So we’ve come to the end of another year, a quarter of the 21st century gone. The amount of progress we’ve achieved in technology is significant and it inspired a question in me. Have we become technologically too rich? Not uniformly in all aspects of life, but a definite spike in information […]
New Delhi, Nov 29 India’s economic outlook for the current financial year has improved, with Crisil Limited revising its GDP growth forecast to 7 per cent, up from its earlier estimate of 6.5 per cent. The upgrade comes after the economy posted a robust 8 per cent growth in the first half of FY26, driven […]
Mumbai, Nov 21 India’s foreign exchange (Forex) reserves surged by $5.54 billion to $692.58 billion during the week ended November 14, according to the figures released by the RBI on Friday. The increase was driven largely by a jump in the value of the gold component of the country’s Forex kitty that shot up by […]
Mumbai, Nov 20 Aggregate earnings of companies in the Nifty-500 universe grew 15 per cent in Q2 FY26, the highest in five quarters, despite geopolitical headwinds and weak consumption trends, a report said on Thursday. Oil and Gas stocks, led by OMCs, contributed significantly to this surge with their EBITDA and PAT up 48 per […]
New Delhi, Nov 20 India’s electronics sector could scale up to $500 billion in production and exports by 2030 as the country’s expanding global footprint is being strengthened by new free trade agreements (FTAs), investor-friendly reforms and a rising shift toward manufacturing-led growth. According to industry associations, India is increasingly positioning itself for deeper integration […]
Washington, Sep 26 US President Donald Trump signed an executive order that approves the deal to keep TikTok operating in the United States. While signing the order at the White House on Thursday, Trump said he had a “very good talk with President Xi” and “he gave us a go-ahead” about the deal. According to […]
Washington, Sep 23 Days after US President Donald Trump signed a proclamation to significantly curtail the H-1B visa programme, the US Department of Homeland Security (DHS) has proposed to “amend its regulations” governing the process. The DHS proposal seeks to scrap the existing lottery system and implement “a weighted selection process that would generally favour […]
New Delhi, Sep 21 Small business owners on Sunday congratulated Prime Minister Narendra Modi as the changes in GST from the first day of Navratri are a matter of great pride for our country, highlighting how the tax reforms will benefit middle-class families. They emphasised that the reduced GST rates will help people save more, […]