The US debt ceiling is a legal limit set by Congress on the amount of money the US government can borrow to pay its bills. It’s like a financial cap that the government cannot exceed

The US debt ceiling is a legal limit set by Congress on the amount of money the US government can borrow to pay its bills. It's like a financial cap that the government cannot exceed

Explained: What's the US debt ceiling crisis

L&T is scaling up its utilities business by focusing on green hydrogen, large battery storage projects and a booming transmission and distribution segment in India and overseas

Business Standard

JM Financial Asset Management Company is expanding its Alternative Investment Fund (AIF) platform with the launch of Rs 1,000 crore early-stage real estate fund to address the sector's financing gap.
"Our objective is to build a comprehensive AIF ecosystem that supports India's next phase of enterprise growth. We are creating strategies that are thematic, real asset-?backed and focused on non-traditional opportunities," JM Financial Asset Management Ltd MD and CEO Amitabh Mohanty told PTI.
The AIF platform will offer specialised pools of capital across credit, real estate and pre-IPO opportunities, he said.
JM Financial has launched its early-stage real estate (RE) fund, which capitalises on the group's expertise and track record over more than a decade managing real estate credit, he said, adding that the fund aims to bridge the capital gap that traditional lenders are unable to address due to regulatory constraints.
The fund aims to raise Rs 1,000 crore, with likely first close o

The AIF platform will offer specialised pools of capital across credit, real estate and pre-IPO opportunities, JM Financial Asset Management Ltd MD and CEO Amitabh Mohanty said

Press Trust of India

The report, titled 'India's Triple AI Imperative', estimates that AI adoption in India's 64 million MSMEs alone could unlock over $500 billion in economic value by 2030

Unmetered intelligence, human-supervised 'digital colleagues' and continuous skilling as the key safeguard amid big shifts will shape an AI-rewired future, Puneet Chandok, President, Microsoft India and South Asia has said outlining his top predictions.
Microsoft CEO Satya Nadella during his visit to India earlier this month had announced plans to invest USD 17.5 billion here to help build infrastructure and sovereign capabilities for the country's AI-first future - the bold commitment marking the tech giant's largest investment ever in Asia.
Chandok said AI has moved beyond hype, delivering real impact today.
"...the next phase will be defined by how responsibly, inclusively, and thoughtfully we scale it," Chandok told PTI.
His headline predictions for the rearranging world and frontier AI include intelligence moving from being scarce to abundant, with compute increasingly translating directly into cognition for organisations, in an era of "unmetered intelligence".
AI 'agents' wi

India's digital public infrastructure enables mass AI adoption, turning national scale into a global advantage, Chandok notes

Maharashtra Chief Minister Devendra Fadnavis on Sunday said the BJP has set a record in local body polls with 48 per cent of councillors winning on the party symbol, and its candidates elected as presidents in 129 municipal councils.
He attributed the Mahayuti alliance's success in the municipal council and nagar panchayat elections to the BJP organisation and development agenda of the government.
Counting of votes for elections to the posts of president and members in 286 municipal councils and nagar panchayats held in two phases began in the morning.
Fadnavis said the BJP has once again emerged as the single largest party.
"48 per cent councillors have been elected on the BJP symbol, which is a record. The BJP has created another record with 3,300 councillors being elected from the party.
"BJP candidates have been elected as presidents in 129 municipal councils. In 75 per cent of the local bodies, Mahayuti nominees have been elected as municipal presidents," he said.
Fadnavis .

Counting of votes for elections to the posts of president and members in 286 municipal councils and nagar panchayats held in two phases began in the morning

President Droupadi Murmu on Sunday gave her assent to the Viksit Bharat Guarantee for Rozgar and Ajeevika Mission (Gramin) (VB-G RAM G) Bill, the Rural Development Ministry said.
The VB-G RAM G Bill, 2025, was passed by Parliament, amid opposition protests.  It seeks to replace the existing rural employment law, MGNREGA, and guarantees 125 days of wage employment per rural household per financial year.
According to the government, the new scheme aims to establish a rural development framework aligned with the national vision of 'Viksit Bharat 2047'.

It seeks to replace the existing rural employment law, MGNREGA

The Union Budget has been presented on February 1 since 2017, and 2026 will be the first occasion since then that it falls on a Sunday

ICEGATE enables e-filing and customs payments by traders; RMS automates risk-based scrutiny; and ICES handles backend assessment and clearance workflows at Customs locations

Russia-Ukraine War

The year 2022 is coming to an end and a lot has happened that shaped the world in the year. Let's have a look at some of these significant events

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In January, Google rolled out end-to-end encryption in group chats for messages app users enrolled in the beta programme

Blend launches Blend Studio: AI tool for ecommerce photography

New Delhi [India], March 16 (ANI/PNN): Blend, an AI-powered design and photography application for DTC brands and ecommerce sellers, recently launched Blend Studio - the Chat GPT for product photos.

Celebrity and Travel Photographer Rahul Lokare from Flamingo Productions creates waves of change in the world of photography.

Xiaomi 13 Pro

Priced at Rs 79,999 for the 12GB RAM and 256GB on-board storage, the Xiaomi 13 Pro offers a novel imaging experience on top of a premium package

Explained: What's the US debt ceiling crisis

The US debt ceiling is a legal limit set by Congress on the amount of money the US government can borrow to pay its bills. It’s like a financial cap that the government cannot exceed

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