Page 954 - Latest News

Warsh's return revives tensions over US Fed's $6.6 trn QE hangover

At the same time, Warsh could argue that by tightening financial conditions, a smaller balance sheet would grant his Fed room to cut its benchmark rate deeper

Slow UPI growth: Industry frets as monetisation remains elusive

A moderation in UPI growth is worrying industry players, who warn that low incentives and lack of monetisation could slow expansion of India's digital payments ecosystem

16th FC charts Union's fiscal path: Falling deficit, rising capex

The Sixteenth Finance Commission has proposed a consolidation roadmap that balances development needs with fiscal prudence

Pledge to invest $100 bn in OpenAI was 'never a commitment': Nvidia

As part of a letter of intent signed in September, Nvidia said it planned to invest as much as $100 billion in OpenAI to support new data centers and other artificial intelligence infrastructure

Budget 2026: Customs duty relief to make cancer, rare disease drugs cheaper

A customs duty exemption on select high-cost cancer and rare disease therapies is expected to lower treatment costs for patients while supporting demand for multinational and domestic pharma companies

Budget 2026-27: A blueprint for institutional maturity in India's growth

For the private sector, the real story lies in the de-risking of the Indian investment landscape

Budget 2026: Pharma dept prescribes PLI boost for bulk drug output

FY27 PLI scheme allocation rises 2.24%, aiming to add 500 MT to domestic API production

Budget 2026: Govt targets 30 mn hospital admissions under PMJAY in FY27

The health ministry is targeting a sharp rise in hospital admissions and claims disbursal under PMJAY in FY27, even as the Budget provides only a marginal increase in the scheme's overall allocation

Expiry of nuclear treaty should alarm the world, says Dmitry Medvedev

The US has suggested that China, the world's third largest nuclear power by number of warheads, should join arms control talks. Beijing has indicated no willingness to join

Ather Energy Q3 results: Net loss narrows to ₹85 crore, revenue rises

The company reported a net loss of ₹198 crore in the October-December quarter of the previous fiscal

Iran protests European Union's terror tag for Revolutionary Guard

The move comes as Iran faces the threat of US military action in response to the killing of peaceful demonstrators and over possible mass executions

Datanomics: Census exercise gets financial backup in Union Budget 2026

Budget 2026-27 raises census allocation to a record ₹6,000 crore, but its share of total expenditure remains lower than in previous census years

Budget's manufacturing focus to support exports amid global headwinds

Sanjay Budhia, Chairman of CII's National Committee on Exports and Managing Director of Patton International Ltd, said the Union Budget 2026-2027 is a positive pointer unveiling the growth agenda

Budget 2026-27: 61% of labour ministry's record FY26 outlay unspent

Even as the labour ministry received its highest-ever allocation in Budget 2026-27, revised estimates show a majority of funds remained unutilised, largely due to low spending on central schemes

Oracle plans to raise up to $50 billion in 2026 for cloud buildup

Oracle is raising money to build additional capacity to meet the contracted demand from the company's largest cloud customers, including Advanced Micro Devices

Budget 2026: State-run upstream players may lower spending for FY27

The capital expenditure of ONGC, country's largest oil and gas exploration player, is seen declining over six per cent to Rs 30,000 crore in FY27

Gold extends biggest fall in over a decade as rally snaps; silver down

The white metal recorded its biggest ever intraday decline in the previous session

Balance sheets show good capex rise in some companies: DEA secretary

On the SME fund, DEA Secy Anuradha Thakur says the ₹500-crore allocation signals commitment to a separate fund, clearly targeting SMEs distinctly from MSMEs

Direct fertiliser subsidy transfer very much on table: Expenditure secy

On Agri Stack, Expenditure Secy V Vualnam says it's progressing well; using IT, farmers will be able to choose exact fertiliser quantities needed, reducing crowding at fertiliser outlets

Budget 2026-27: Power sector units plan ₹1 trillion investment in FY27

The accumulated losses of discoms stood at Rs 6.47 lakh crore and total borrowings at Rs 7.26 lakh crore at the end of FY25