NEW DELHI: Rolls Royce CEO Tufan Erginbilgic met PM Narendra Modi Wednesday to discuss strategies to scale up operations to be part of Viksit Bharat, including expanding global capability centre (GCC) to be the largest globally, co- creating complex manufacturing and building high value engineering capabilities. “It was wonderful meeting Tufan Erginbilgic earlier today. We … Read more
NEW DELHI: Finance minister Nirmala Sitharaman on Wednesday rejected the criticism by states over cesses and surcharges, arguing that it was in line with the Constitutional provisions and the money collected through these levies was spent on schemes that benefited the states.While responding to the discussion on the Budget in the Lok Sabha, FM said … Read more
The Union Budget for FY 2026-27 has pegged total expenditure at Rs 53.47 lakh crore, Finance Minister Nirmala Sitharaman said while replying to the discussion on the Budget in the Lok Sabha, outlining the government’s strategy of maintaining high capital spending alongside fiscal consolidation.The revised estimate for the current financial year ending March 31 has … Read more
State Bank of India (SBI) has overtaken Tata Consultancy Services (TCS) to become India’s fourth-largest listed company by market capitalisation, supported by a sharp post-results rally and improving sentiment around public sector banks.SBI’s market capitalisation now stands at nearly Rs 10.92 lakh crore, ahead of TCS at about Rs 10.52 lakh crore, according to an … Read more
US stocks moved closer to record levels on Wednesday after data showed the country’s unemployment rate unexpectedly improved last month, boosting investor confidence about the resilience of the economy.The S&P 500 rose 0.5% and was trading just below its all-time high set late last month. The Dow Jones Industrial Average was up 222 points, or … Read more
Indian Railways’ accelerated electrification push has sharply reduced diesel consumption, helping cut crude import dependence while expanding cleaner rail operations across the country. Mission-mode electrification has now covered about 99.4% of the Broad Gauge network, with the remaining stretches also taken up for completion.According to information shared by Railways Minister Ashwini Vaishnaw in the Lok … Read more
Bengaluru: Cipla Foundation Wednesday announced a partnership with the Indian Institute of Science (IISc) to set up the Cipla Foundation Centre for Pulmonary Medicine at the Tata IISc Medical School. The facility will provide diagnostics, outpatient and inpatient care, a dedicated intensive care unit, and high-dependency services for the treatment of respiratory illnesses.The Centre for … Read more
As H-1B delays persist, the issue warrants attention beyond immigration policy alone. For more than three decades, the H-1B visa program has been a cornerstone of economic integration between India and the United States, enabling movement of highly skilled professionals into sectors critical to US productivity and innovation. Indian nationals account for more than 70% … Read more
Benchmark equity indices Sensex and Nifty ended almost unchanged on Wednesday in a volatile, range-bound session, as gains in PSU banking and auto stocks were neutralised by weakness in information technology shares. The 30-share BSE Sensex slipped 40.28 points, or 0.05 per cent, to settle at 84,233.64. During the session, the index touched an intraday … Read more
Union Budget 2026–27 positions real estate as a downstream beneficiary of infrastructure-led growth. (AI image) By Chintan Patel and Aman MehtaThe Union Budget 2026–27 reinforces a push towards infrastructure driven economic growth, setting a constructive backdrop for India’s real estate sector. While the budget does not introduce direct demand-side incentives for housing, its sharp focus … Read more