Davos, Jan 22 India’s reform-driven growth story is firmly on track and is earning strong global trust, Union Minister Ashwini Vaishnaw said on Thursday. Speaking on the sideline of World Economic Forum here, he said India’s economy has transformed into a high-growth and resilient system due to deep structural reforms personally led by Prime Minister […]
New Delhi, Dec 30 Economist and former President of the Institute of Chartered Accountants of India (ICAI), Ved Jain, on Tuesday said that allowing 100 per cent foreign direct investment (FDI) in the insurance sector will prove to be a positive step for India’s economy and consumers. Speaking to IANS, Jain said that in developed […]
New Delhi, Dec 30 Microsoft CEO Satya Nadella has said that 2026 will be a crucial year for artificial intelligence, marking a shift from experimentation and excitement to wider, real-world adoption of the technology. In a blog post, Nadella said the AI industry is moving beyond flashy demonstrations and beginning to separate “spectacle” from “substance” […]
New Delhi, Dec 29 Factors like India-Pakistan conflict in May, deadly Air India crash in June, flight cancellations earlier this month due to severe IndiGo crisis and the rupee depreciation against US dollar can result in Rs 170-Rs 180 billion loss to the Indian aviation industry this fiscal (FY26), higher than the earlier projections of […]
New Delhi, Dec 26 India has taken over the BRICS+ presidency for 2026, demonstrating its highly enriching founding membership and opportunity to boost the intergovernmental association as a leading geopolitical force in the Global South. With its presidency set to begin in 2026, India has already outlined its framework of priorities for BRICS, a report […]
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 […]
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 […]