With gold and other assets accounting for a growing share of reserves, India’s strategy echoes steps taken by bigger holders such as China. (AI image) In a big shift for one of the top five largest economies, India’s holdings of US Treasuries have seen a drop, sliding to the lowest level in five years. The … Read more
The Union Budget 2026 may maintain the fiscal deficit at 4.4% of GDP in FY27, according to Nuvama, as the economy shows fragile momentum. The government might focus on deregulation and disinvestments to support growth, rather than fiscal expansion, with a continued emphasis on sectors like semiconductors and AI. As the Budget 2026 approaches, the … Read more
Ahead of the Union Budget 2026, industry leaders from the pharmaceutical and MedTech sectors have called for a structured funding framework to deepen innovation and research and development (R&D), saying this is critical for realising India’s Viksit Bharat vision.Dr Reddy’s Laboratories Ltd Chairman Satish Reddy said India’s pharmaceutical industry is undergoing a strategic transition from … Read more
NEW DELHI: The ministry of power will use this year’s Republic Day parade to put the spotlight on India’s rapid transformation in the electricity sector and its push to become a global clean energy leader, through a tableau titled ‘Prakash Ganga: Powering an Aatmanirbhar and Viksit Bharat’.The tableau traces India’s journey from achieving universal electricity … Read more
The Adani Group has rejected the allegations as unfounded and said it will take all legal steps available to defend its position. Adani Group stocks today: Shares of several Adani Group companies including Adani Green, Adani Enterprises, Adani Energy and Adani Ports have dropped by up to 10% after the US Securities and Exchange Commission … Read more
Micron Technology’s $2.75-billion semiconductor facility in Sanand, Gujarat, is expected to begin commercial production by the end of February, IT and electronics minister Ashwini Vaishnaw said. Speaking to ET on the sidelines of the World Economic Forum in Davos, Vaishnaw said that pilot production is already underway at four semiconductor plants, with one now ready … Read more
Gold’s intraday technical structure has turned constructive, supported by EMA crossover, improving RSI, and a positive MACD setup. (AI image) Gold price prediction today: Gold’s intraday construct is positive and investors can look to buy on dips, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities.Gold futures on MCX are trading near … Read more
Planning a bank visit? You might want to reschedule, as banks are set for a four-day holiday, beginning from January 23 till January 26. Keeping track of bank holidays is crucial for customers to plan their finances in advance and avoid last-minute inconvenience. It is important to note that banks in India follow a combination … Read more
US President Donald Trump, on Friday, hailed TikTok’s new deal and thanked Chinese President Xi Jinping for approving to “save” the platform. Under the new agreement, the short video platform will be operated through a majority American-owned joint venture. “I am so happy to have helped in saving TikTok! It will now be owned by … Read more
Stock market today: Indian equity benchmarks, Nifty50 and BSE Sensex, opened flat in trade on Friday. While Nifty50 was near 25,250, BSE Sensex was down 50 points. At 9:17 AM, Nifty50 was trading at 25,263.15, down 27 points or 0.11%. BSE Sensex was at 82,257.49, down 50 points or 0.061%.Analysts are of the view that … Read more